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Binance to Support Komodo Network Upgrade and Hard Fork
27.9.2021
Binance recently announced support for the upcoming Komodo Network upgrade and hard fork. The development will take place once the network surpasses a block height of 2,588,672. Komodo will stop the deposits and withdrawal features from 27th September at 11:30 UTC. With the latest announcement...
South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto
27.9.2021
A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African...
Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit
27.9.2021
As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and...
SEC Denies Freedom of Information Act Request Concerning Tether Documents
26.9.2021
On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests...
Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated
26.9.2021
The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities...
US Senator Calls on SEC Chairman to Provide Regulatory Clarity on Cryptocurrencies
25.9.2021
A U.S. senator has asked the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, to provide clear guidance on cryptocurrency regulation. The senator stated that in many enforcement actions, “the SEC did not identify the securities involved or the rationale for their...
Altcoin roundup: There’s more to DeFi than just providing liquidity
25.9.2021
Bitcoin price is down but crypto investors still have a plethora of yield opportunities thanks to DeFi
Cross-chain bridge equipped altcoins rally higher despite China’s crypto ban
24.9.2021
REN, CELR and CVC ignore the market’s bearish reaction to China’s new crypto ban by posting double-digit gains
Diminishing returns: Is Bitcoin underperforming compared to altcoins?
24.9.2021
After several hesitant months, altcoins are now outpacing the flagship asset
China’s Crypto Crackdown: Fundamentals Still Show Bull Market Continuation, Bobby Lee Says ‘Don’t Panic’
24.9.2021
The People’s Bank of China (PBOC), the country’s central bank, published a Q&A to its website which said that Chinese citizens participating in virtual currency exchange offshore is “considered illegal financial activity.” The PBOC also reiterated comments it...
Ukraine joins the comity of crypto-friendly nations with new regulation
24.9.2021
Unlike Russia, Ukraine has passed laws that will ease the adoption of cryptocurrencies within the country
Chinese regulators unite forces to crack down on crypto
24.9.2021
The Chinese central bank sets up a “coordination mechanism” with state agencies to continue battling crypto
SEC is 'open to discussion' when it comes to crypto: Kraken chief lawyer
24.9.2021
Kraken's Marco Santori points to the adversarial stance taken by some crypto firms towards regulators
DeversiFi Set to Launch Its First Layer-2 Bridge on Bitfinex
24.9.2021
The DeFi sector is set for another innovation as DeversiFi announces its first Layer-2 bridge. The swap will release the bridge on Bitfinex to facilitate low-cost and instant Tether transfers. In addition, the bridge will conduct transactions between DeFi and CeFi without using Layer-1 Ethereum....
The Mercedes-AMG Petronas F1 Team Inks Long Term Deal With Crypto Exchange FTX
24.9.2021
Following a number of partnerships this year, FTX Trading Limited announced on Thursday that the company has partnered with the Mercedes-AMG Petronas Formula One Team. According to FTX, the relationship will “span multiple race seasons” and the FTX logo will be “featured...
LCX price rallies 300%+ after the launching DeFi Terminal 2.0
23.9.2021
Increasing trading volume at Uniswap, a rising TVL and upgrades to its DeFi platform were followed by a new all-time high from LCX
BUSD: A case study for stablecoin compliance and security
23.9.2021
Are stablecoins really stable? An in-depth case study based on the third-biggest stablecoin in the world answers the industry’s most pressing concerns
Wormhole Releases Solana and Ethereum NFT Bridge — A Bi-Directional Highway for Blockchain Collectibles
23.9.2021
Last Friday, blockchain project the Wormhole Network launched the protocol’s ethereum ↔ solana bridge which enables users to exchange assets from both networks in a cross-chain fashion. Five days later, the Wormhole Network team announced the launch of a non-fungible token (NFT)...
Canadian regulators warn against 'gambling style' advertising and marketing in guidelines for crypto companies
23.9.2021
“Misleading advertisements and improper marketing strategies may encourage investors to take on risks they would normally avoid," said CSA chair Louis Morisset
ShapeShift issues second token airdrop following decentralization pledge
23.9.2021
In a July interview with Cointelegraph, CEO Erik Voorhees described full decentralization as an “iterative process” that can take many years