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Yearnify Finance (YFY) Bringing Value To Decentralized Finance Ecosystem – Token Pre-Sale Is Live
7.11.2020
Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security majors. What is Yearnify Finance? In this article, we will provide detailed information about Yearnify...
Quadriga CX Trustee Raises $30 Million for Reimbursements to Creditors, Claimants Want $171 Million Instead
7.11.2020
The trustee of the now-defunct crypto exchange, Quadriga CX says the sell-off of the platform’s assets raised $30 million. This contrasts with the $171 million in claims that has been filed with the trustee by Quadriga creditors. Consequently, Ernst and Young (EY), the accounting firm...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
ETH 2.0 Scheduled for December, Vitalik Deposits $1.4M Worth of Ether Into Phase 0 Contract
7.11.2020
This December the cryptocurrency community may see the first introductory phase of the highly anticipated Ethereum 2.0 consensus change. On Wednesday, the Ethereum Foundation published ETH 2.0 specifications explaining how the genesis phase will be invoked. Moreover, on November 5, Ethereum’s...
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Imcoin (IMC) “The First Hybridcoin” Arrives To Impose a New Concept of Cryptocurrencies
6.11.2020
PRESS RELEASE. The objective of IMCoin is to be the first Hybridcoin on the market, giving its holders the possibility of having an asset backed with an audited and public underlying where the money from the sale of the token is entered, but which in turn tries to increase in value. to positively...
Decentralized Exchanges That Use Automated Market Makers Now Represent 93% of the Market
6.11.2020
A recent report by Consensys says the surge in decentralized exchange (DEX) volumes in Q3 of 2020 is down to their adoption of the automated market maker (AMM). According to the report, DEXs that use AMM, a software that algorithmically creates token trading pairs, now represent 93% of the market....
Bitcoin Fees Slipped, Miners Return While Price Rallies
6.11.2020
Source: Adobe/Татьяна Палладина
While Bitcoin (BTC) price has rallied these past two days, surpassing USD 15,000, Bitcoin miners turned more of their machines on and the fees and transaction time somewhat dropped.
The price of a single BTC coin is USD 15,500, as of 10:26 UTC Friday morning. It...
‘Bond King’ Jeffrey Gundlach: Stock Market Will Crack Pretty Hard, Bitcoin Good Inflation Hedge
6.11.2020
Doubleline Capital’s CEO, the billionaire “bond king” Jeffrey Gundlach, has predicted that the stock market is going to “crack pretty hard.” While he is bearish on the stock market and long-term bonds, Gundlach says bitcoin and gold are good for hedging against...
Chaotic QuadrigaCX’s Finances Might Leave Traders Almost Out Of Pocket
6.11.2020
EY (Ernst & Young) has published details of the alarming state of the bankrupt Canadian crypto exchange QuadrigaCX’s finances may be even worse than first thought – a fact that could leave scores of customers out of pocket.
EY has been appointed as the trustee of Quadriga by the Canadian legal...
US Government Is Now Top Bitcoin Whale. What Could Happen Next?
6.11.2020
Following the news that the US Department of Justice (DoJ) has forfeited USD 1 billion worth of bitcoin (BTC), market players are now discussing possible scenarios what could happen next.
Per the DoJ, the bitcoin was seized by law enforcement on November 3, following an investigation that included...
South Korea To Ban Crypto Exchanges From Handling Privacy Coins
6.11.2020
South Korea is to ban crypto exchanges from handling digital assets it considers “dark coins”. Regulator Financial Services Commission (FSC) is specifically targeting privacy coins such as dash, monero and zcash. ● The ban is with effect from March 2021. In an update to crypto...
Casino Token: Black Horse Finance (BLHF) Pre-sale started on 1st November 2020.
6.11.2020
PRESS RELEASE. Black Horse Finance (BLHF) is changing the way you play. Brought to you by the Black Horse Foundation, the BLHF will be the exclusive gaming token of some of the world’s leading gambling operators. Developed by an ambitious Casino lovers team, Black Horse Finance is...
Bitcoin Moves Towards USD 16,000, Altcoins Pick Up Pace
6.11.2020
Bitcoin bulls gained strength after there was a clear break above the USD 15,000 resistance. As a result, BTC gained over 10% and it surged above USD 15,500. The price traded to a new multi-month high close to USD 15,950 and it is currently (06:00 UTC) correcting gains below USD 15,750.
After...
Bitcoin Cash-Fueled Onchain Social Media Platform Memo Launches iOS App
6.11.2020
Two years ago, an onchain social network called memo.cash was launched and the application has developed quite a bit since then. On Tuesday, the Memo team revealed that the platform is now available for iOS phones via the App Store. Apple users can now connect to the social network that etches...
Iran Adopts Bitcoin for International Trade Amid Heavy Sanctions, Falling Rial, Soaring Inflation
6.11.2020
The Iranian government has adopted bitcoin for international trade as the country’s economic crisis deepens, with rising Covid-19 cases, depreciating rial, and intensifying sanctions imposed by the U.S. government. Iran’s Economic Troubles Magnified Iran is undergoing a severe economic...
Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
6.11.2020
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen...
US Seizes Previously Undetected Silk Road Bitcoins Worth Over $1 Billion
5.11.2020
The U.S. government has seized over $1 billion in bitcoin from previously undetected transactions associated with the Silk Road marketplace and is now seeking the forfeiture of the cryptocurrency. US Confiscates $1 Billion in Bitcoin From Silk Road The U.S. government has filed a lawsuit seeking...
$200 Million Brazilian Crypto Fraud Scam: The US Seizes $24 Million Worth of Digital Currencies
5.11.2020
The United States Department of Justice (DOJ) says it has seized cryptocurrencies worth $24 million after receiving an official request from the government of Brazil. The seizure stems from an ongoing investigation into the $200 million cryptocurrency scam that may have defrauded tens of thousands...
Coinbase in Japan, Binance In Africa, Bybit On Football Field + More News
5.11.2020
A Borussia Dortmund player. Source: a screenshot, Instagram/bvb09
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Coinbase said it is hiring more staff in Japan, in another hint...