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Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
30.8.2020
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently...
Uniswap and automated market makers, explained
29.8.2020
Decentralized exchanges such as Uniswap have now become popular thanks to automated market makers, but what does it all mean?
On September 1, The KickEX Exchange Will Buy Back KICK at a Price of $0.00015 Per Token
28.8.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Just a few days lest until the start! On September 1, 2020 at 12:00 (UTC), the KickEX cryptocurrency exchange will buyback KICK tokens (KickToken) worth a total of $100,000 at a price equal to or less than...
'Opt-Out with Bitcoin,' Says Visa's Director of Public Policy + More News
28.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Business news
Andy Yee, senior director of public policy at Visa, tweeted to his followers to “Opt-out with Bitcoin.” This follows a speech made...
The DeFi craze continues as exchanges rush to list popular tokens
28.8.2020
Major crypto exchanges continue to elevate the stature of the DeFi space
Don’t just blame DeFi for paying high ETH gas fees
28.8.2020
How institutions store and secure digital assets have a fundamental impact on transaction fees
Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading
28.8.2020
Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account...
Banks in Mexico Pose Greater Money Laundering Risk Than Crypto Firms, Says Report
28.8.2020
Commercial banks by far pose the greatest risk of money laundering in Mexico compared to crypto-related companies, according to a new report by the country’s Financial Intelligence Unit (FIU). The study singles out what it calls the “G7 banking group”, which includes BBVA...
UK exchange Archax teams up with Algorand on DeFi projects
28.8.2020
The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance
US warns of resurgence of North Korea’s BeagleBoyz hacking gang
28.8.2020
It’s not a group of 1980s rappers, it’s North Korea’s second most notorious hacking gang
This DEX is ignoring the ‘test in production’ attitude held by other DeFi companies
27.8.2020
IDEX has chosen to take a more traditional approach to security
SEC Redefines Accredited Investors to Include Those With Proven Knowledge
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. The broader definition will enable more people to invest in private offerings of cryptocurrency investments. SEC’s New Accredited...
African crypto exchange raises $1.5M from Andreessen Horowitz and others
27.8.2020
Crypto is truly a global asset class
The leaders of a fake crypto exchange are now behind bars
27.8.2020
Choi and Park lost their last chance not to serve a jail time
DEC777 Decentralized Exchange – The Last Resort for the People Who Lost Trust in Centralized Exchange
27.8.2020
Why do we have to store our digital assets with hesitation? We’ve lost trust in many scam exchanges such as Wex, BITPoint…Maybe this is the right time to look for an exchange that doesn’t need us to deposit to trade. DEC77 is an outstanding decentralized exchange built...
South Korean Court Sends Bogus Crypto Exchange Chiefs to Prison
27.8.2020
In what has been a torrid week for South Korean crypto exchanges, the CEO and the executive director of a legitimate-looking trading platform have been sent to jail for three and two years respectively – after a court found them guilty of duping investors with a bogus exchange.
A branch of...
New SEC Filing Shows Fidelity Preparing to Launch Bitcoin Fund
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has published a new filing for a bitcoin fund, submitted by Fidelity Investments’ head of strategy and planning. Bitcoin Index Fund Filed With SEC The SEC published Wednesday a Notice of Exempt Offering of Securities (Form D) filing for a...
New Zealand Stock Exchange Hit Repeatedly By Cybercriminals Demanding Bitcoin
27.8.2020
NZX has halted trading for the third day in a row as a result of cybercriminals attempting to extort cryptocurrency
Crypto Exchange CEO 'Assaulted, Extorted Staff, Ordered Data Manipulation’
27.8.2020
Under-fire South Korean crypto exchange Coinbit has denied manipulation allegations after police raided the firm’s headquarters – but an ex-employee alleges the exchange’s “violent” CEO assaulted staff, and extorted and threatened employees.
Per Seoul Shinmun, a Coinbit official stated that...
Authorities block Russia’s top crypto exchange aggregator
27.8.2020
The website is still accessible through VPNs and mirrors