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As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users
3.8.2020
The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users?
India Proposes Amnesty for Citizens Holding Unreported Gold
2.8.2020
The Indian Ministry of Finance has reportedly proposed an amnesty program for citizens holding unreported gold. The government plans to ask people to declare all their gold stashes to tax authorities and pay levies. The proposition has been made to Prime Minister Narendra Modi. New Gold Amnesty...
After the US Senate Pros and Cons on Digital Money — What Do We Do With It?
2.8.2020
The crypto industry has the best historical moment to change the discourse about cryptocurrency and its reputation into a successful innovative tech sector
Indian Government Confirms Crypto Bill Is ‘Awaiting Approval’
31.7.2020
The Indian government has confirmed in a Right to Information (RTI) reply that the inter-ministerial committee’s cryptocurrency bill is “awaiting approval of the government.” The bill is currently being examined by various ministries. Indian Government’s Confirmation...
Overstock's Blockchain Ventures Booming in Q2
30.7.2020
Recent second quarter financial reports show big growth for Overstock — the same quarter the company gave its security token to investors as a dividend
Aave’s LEND Token Jumps 23% After Plan for Liquidity Mining
30.7.2020
FinCEN Releases Cybercrime Statement In Lieu of COVID-19
30.7.2020
FinCEN issued a statement on cybercrime in light of COVID-19
Zcash Company Confirms ‘Crypto in Context’ Program as Global Effort
30.7.2020
Zcash’s creator, the Electric Coin Company, confirmed that their recent educational program is a global effort with more events in the months ahead
Zero Collateral: $138 Million in Defi Flash Loans Issued in 24 Hours
30.7.2020
The decentralized finance (defi) realm continues to heat up with concepts like yield farming, but another scheme called defi flash loans has also grown exponential. On Monday, the noncustodial lending protocol Aave issued $138 million in loans with zero collateral. Since the last week of June, defi...
Dubai Debuts Nationwide Data Platform Powered by Blockchain
29.7.2020
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform
How DeFi Could Disrupt Traditional Finance, Feat. Sergey Nazarov
29.7.2020
"Imagine a world without counterparty risk..." - Chainlink's co-founder Sergey Nazarov shares why the move from brand-based contracts to math-based contracts is inevitable
‘Crypto in Context’ Program Launches to Educate Regions in Need
29.7.2020
The company behind Zcash has begun an endeavor to educate less privileged regions on the benefits of cryptocurrencies
Mainstream People Coming to Bitcoin, Digital Assets Data CEO Says
28.7.2020
Digital Assets Data CEO Mike Alfred explains increased Bitcoin interest from a number of parties
Bitcoin Suisse Completes a $48 Million Series A Financing Round
25.7.2020
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...
Chainlink Brings FX Rates Data From Top Korean Banks to DeFi
25.7.2020
Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime
South Korea to Charge 20% Tax on Bitcoin Profits Under New Law
23.7.2020
South Korea will now tax profits made from buying and selling of cryptocurrency at 20% after the government agreed to the decision on Wednesday. The decision was reached after months of debate. According to a taxation policy amendment notice released July 22, the Ministry of Economy and Finance...
Ethereum’s 2020 Defi Boom Doubles Active Ether Addresses, But Fees Skyrocket
22.7.2020
The number of active Ethereum addresses has grown aggressively in 2020 because of the decentralized finance (defi) boom. Active Ethereum addresses doubled in size leaving networks like Tron, Cardano, and EOS in the dust. There’s a lot happening in the world of decentralized finance (defi)...
Over 7M Americans Own BTC But Hold None In Retirement Accounts
21.7.2020
Millions of U.S. citizens own both Bitcoin and a retirement account, but hold no Bitcoin in that retirement account
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
21.7.2020
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn...
Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
20.7.2020
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law