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Kyber Network Expects to Surpass USD 500 million in Volume This Year


Kyber Network (KNC), an open-source, on-chain liquidity protocol, expects to facilitate over USD 500 million in transaction volume in 2020, or 29% more than last year, Loi Luu, CEO and Co-Founder of Kyber Network, told Cryptonews.com. According to the CEO, Kyber facilitated USD 70 million worth...

US Government Auctioning off Bitcoins Worth $37 Million in 2 Weeks


The U.S. government has opened registration for the bidding of over 4,040 bitcoins, currently worth more than $37 million, which will be auctioned off on Feb. 18. The winning bidder will be notified on the same day. These bitcoins were forfeited in various federal criminal, civil and administrative...

IRS Explains What Crypto Owners Must Know to File Taxes This Year


Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...

Free Website Builder + Free CRM + Free Live Chat = Bitrix24


(This is a sponsored post.) You may know Bitrix24 as the world’s most popular free CRM and sales management system, used by over 6 million businesses. But the free website builder available inside Bitrix24 is worthy of your attention, too. Why do I need another free website/landing...

Facebook and Telegram Rival Line to Bring its Token to 82 Million Users


Line, one of Asia’s biggest chat apps, is set to debut its own digital token in Japan on Bitmax, its own crypto exchange. Per a number of Japanese media outlets, including Coin Post, the company made its announcement via its blockchain and cryptocurrency subsidiary LVC – and is aiming for a rollout...

Decentralized Finance Is Blossoming, But Just How Decentralized Is Defi?


The defi market has hit an all-time high as the total value locked up in decentralized finance has surged past $850 million. A flurry of new applications, privacy proposals, wallets, DEXs, and protocols is extending the limits of what defi is capable of. This jubilation should be countered with...

Over Million USD Bets Placed on Ethereum Reaching USD 600 by March


Significant financial bets in the form of ethereum (ETH) call options have been seemingly placed by a trader or group of traders who are going in big in the hopes that ETH will exceed USD 600 before the end of March, just two months from now. As of pixel time (12:21 PM UTC), ETH is trading at about...

Bitcoin Gold 51% Attacked – Network Loses $70,000 in Double Spends


The Bitcoin Gold (BTG) network suffered another set of 51% attacks on January 23-24, as roughly 29 blocks were removed in two deep blockchain reorganizations (reorgs). Reports indicate that more than 7,000 BTG was double spent as the chain suffered a loss of $70,000 in two days. Also read: Bitcoin...

Ripple Slashes XRP Selling Even More After Raising USD 200 Million


Ripple, an American blockchain company focusing on payments technologies, reduced sales of XRP from its escrow fund last quarter when it secured USD 200 million in funding. According to their report, the reductions in Q4 follows that sharp reduction that was recorded in Q3, with the main difference...

Bitcoin Cash Miner Jiang Zhuoer Answers Infrastructure Funding Questions


On Wednesday, Btc.top founder Jiang Zhuoer disclosed that five mining operations had plans to donate roughly $6 million in coinbase rewards (depending on market prices) to developers building Bitcoin Cash infrastructure. The news was met with mixed reviews as some of the specifics of the deal were...

Demand for Crypto Derivatives Swells as CME’s Bitcoin Volume Rises


The global markets company Chicago Mercantile Exchange (CME) has seen considerable demand since launching its options contracts in the wake of the firm’s bitcoin futures. On the first day of swaps, CME’s bitcoin options saw 55 contracts ($2.3 million). By the end of the week,...

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