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Bitgo Plans to Launch Wrapped Bitcoin on the Tron Blockchain


Soon there will be another network that allows people to tokenize BTC in order to leverage the underlying blockchain’s speed and fees. On September 24, Bitgo, the custodian of the Wrapped Bitcoin project (WBTC), the most popular tokenized BTC platform to-date, announced a partnership with...

EU to Launch Comprehensive Crypto Regulation by 2024: Report


The European Union is planning to implement comprehensive cryptocurrency regulation by 2024, two EU reports have reportedly revealed. This follows five European finance ministers calling on the European Commission to put in place “very strong and very clear rules” on cryptocurrency....

UK Mulls Over Negative Interest Rates, US to Keep Near Zero Rates for Years


The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price...

Money Market Protocol Aave Settles $300 Million in Defi Flash Loans


This weekend the decentralized money market protocol Aave broke records as the community witnessed a massive flash loan of $14 million worth of the stablecoin DAI. So far, the Aave protocol has seen over $300 million in flash loans to-date and this trend doesn’t seem to be abating any time...

Asia Dominates Crypto, But Here’s Why That Could Soon Change


The crypto world’s center of gravity is Asia. Big crypto-exchanges and companies operate in Europe and North America, but the majority of users are located in the Asia Pacific region, as are most of the world’s biggest exchanges and mining pools. There are many reasons why this is the case....

'No Doubt’ Bitcoin Will Soon Rule an Internet-Powered Economy - Expert


An internet-driven economy held together by bitcoin (BTC) is on its way, with a “BTC-based economic system” to surface “in the next 20 to 30 years with almost no doubt,“ says an industry insider. The claims were made by Knox founder Thibaud Marechal, the former head of portfolio services at Real...

As Browser-Based Cryptojacking Surges, AI Could Soon be Hunting Hackers


The second quarter of 2020 brought a sudden surge in browser-based cryptojacking, with U.S. cybersecurity firm Symantec reporting a 163% increase in detected incidents compared with the previous quarter. To counter this worrying trend, researchers are developing new solutions based on artificial...

4 of South Korea’s Largest Banks to Provide Cryptocurrency Services


Four of the top five South Korean banks have reportedly announced their plans to provide cryptocurrency services. The announcements came ahead of the crypto regulation that will soon go into effect in South Korea. Largest Korean Banks Entering Crypto Space South Korea’s largest banks have...

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