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Smart Contract Protocol RSK Attempts to Bring Defi to the Bitcoin Network


During the last year, Ethereum has dominated the decentralized finance (defi) ecosystem but a number of other blockchain projects plan to join the fray. The second layer, smart contract protocol RSK aims to bring the defi demand to the Bitcoin blockchain and there’s already a few RSK-based...

Cryptocurrency Exchange Operator Diginex Begins Trading on Nasdaq


Cryptocurrency exchange operator Diginex has announced the start of its listing and trading on Nasdaq. Digital assets financial services company Diginex Limited announced on Thursday that it has completed a business transaction with 8i Enterprises Acquisition Corp., a Nasdaq-listed special purpose...

Bitcoin Posts a 66-Day Consecutive Streak Above the $10K Price Range


The Bitcoin network has achieved a few new milestones during the last week, as the price has remained above the $10k range for a record 66 consecutive days. Meanwhile, the network has surpassed 18.5 million bitcoin issued, as the global hashrate coasts along at an all-time high of 140 exahash...

Arthur Hayes & Co Run BitMEX Illegally - CFTC


Arthur Hayes. Source: a video screenshot, Youtube, Distributed Three owners of major crypto derivatives exchange BitMEX and five related companies charged with operating an unregistered trading platform and violating multiple regulations, the US Commodity Futures Trading Commission (CFTC) said...

Bitcoin News Roundup for Oct. 1, 2020


With BTC looking for a breakout and more casualties in the aftermath of 2017s ICO boom, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

Crypto 'Is Now Finally Being Taken Seriously' By Taxman - PwC


The major consulting company, PwC said that the increased interest in cryptoassets from tax authorities and other regulators shows that this asset class is now finally being taken seriously. "What our research shows is that the guidance issued by many tax authorities is already getting dated....

Staffer Embezzled USD 159,000 of Bank Funds to Make Crypto Purchase


An employee at one of South Korea’s biggest commercial banks stole and embezzled thousands of USD worth of bank funds to make their own crypto investments, a new report has found. Per Choseh Keumyong Shinmun, the country’s top financial regulator, the Financial Supervisory Service, has this week...

Bitcoin and Altcoins Approaching Make-or-Break Levels Again


Bitcoin price is showing early signs of an upside break above the USD 10,800 resistance. BTC is currently (08:30 UTC) consolidating near USD 10,800 and it seems like the bulls are working on an upside break above the USD 10,950 and USD 11,000 resistance levels in the next 2-3 sessions. Similarly...

DueDEX is Paving the Way, Launching Fee-Free LINK/USDT Futures Trading


1th October 2020, Belize City, Belize: With new exchanges cropping up, trading becoming ever-more popular, and the interest in Crypto and DeFi rising by the day, the trading market has been crying out for something special to hit for quite some time. That moment comes now, as DueDEX releases news...

Crypto Bets on the US Election Show Joe Biden Winning the Presidency by 60%


During the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday evening’s Presidential Debate, betting markets like Cloudbet show Joe Biden’s chances...

Maduro to Allow Use of ‘All Global Cryptos’ in International Trade Deals


Nicolás Maduro. Venezuelan President Nicolás Maduro has spoken about a new bill that proposes to legalize the use of crypto in international trade deals – as a means of circumnavigating crippling economic sanctions placed upon the country by the USA and its international allies. The Venezuelan...

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