Search
4 metrics suggest Bitcoin price will correct — But can BTC hit $20K first?
21.11.2020
Several key metrics hint at a Bitcoin price pullback, but this may be offset by other conflicting factors
Coinflex Launches Noncustodial Interest-Bearing Stablecoin on BCH and ETH Networks
19.11.2020
The cryptocurrency exchange Coinflex has announced the launch of a unique interest-bearing stablecoin called Flexusd. The new stablecoin is considered to be the first dollar-backed crypto that pays interest at the base level. Moreover, the new token is built on the Ethereum blockchain and...
Origin Defi Protocol Suffers Massive Flash Loan Attack- OUSD Stablecoin Value Plunges 85%
18.11.2020
The OUSD stablecoin issuer, Origin Protocol is the latest Defi protocol to fall victim to a flash loan attack. The attack, which occurred in the early hours of Tuesday, on November 17, resulted in the disappearance of tokens worth millions of dollars. Confirming the attack, one of...
Binance Discontinues UK Pound Stablecoin Calling It Just an ‘Experiment’
16.11.2020
The exchange is discontinuing its own BGBP stablecoin, an "experiment" that obviously wasn't a success
Bitpay Launches New Payroll Service for Companies That Opt to Pay Employees in Crypto
13.11.2020
The Atlanta-based cryptocurrency payment processing company Bitpay is now getting involved with payroll services. The firm announced the launch of Bitpay Send, a mass payout service that enables organizations of all sizes to pay employees, affiliates, and freelance contractors. Bitcoin...
Hackers Drain $2 Million in DAI From Defi Protocol Akropolis
13.11.2020
Decentralized finance (defi) protocol Akropolis was on Thursday hacked for $2 million in DAI, in the latest flash loan attack to hit the nascent defi industry. The attacker pilfered the platform’s Ycurve pool in batches of $50,000 in the stablecoin DAI. This particular pool allows investors...
Akropolis DeFi protocol 'paused' as hackers get away with $2M in DAI
13.11.2020
Blockchain records show the hackers got away with more than $2,051,159 in DAI before moving the funds to a different address
MakerDAO’s DAI Stablecoin Breaks $1B Market Cap
11.11.2020
The stablecoin dai (DAI) broke a market capitalization of $1 billion on Wednesday, a major milestone for the DeFi pioneer
US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto
11.11.2020
Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic
Kadena Partners With Stablecoin-Maker Terra in Bid to Expand Its DeFi Offering
10.11.2020
The hybrid blockchain maker, Kadena, announced on Tuesday that it has partnered with Terra and will be adding Terra’s stablecoin Luna to its decentralized exchange (DEX) Kadenswap
UK drafting stablecoin regulations and researching a CBDC
10.11.2020
The United Kingdom has announced forthcoming regulatory proposals for stablecoins and ongoing research into CBDC
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
Uncollaterized Power: A Makerdao Governance Vote Was Swayed by a Defi Flash Loan
2.11.2020
The Makerdao and the stablecoin DAI has been a popular project in the decentralized finance (defi) space and it’s also had its share of problems. This week the project called Bprotocol leveraged a defi flash loan in order to sway a Makerdao governance vote. The development team behind...
OCC’s Brian Brooks Against Government Issued Digital Dollar – Supports Regulation of Privately Issued Stablecoins
31.10.2020
The acting director of the U.S. Office Comptroller of Currency (OCC) Brian Brooks says the creation of the U.S. digital dollar is a terrible one because the government is not good at building things. Instead, Brooks believes tech companies, which already possess the know-how, to be in a better...
DefiDollar Raises $1.2M to Be the Risk-Insured Stablecoin Layer for DeFi
28.10.2020
India-based DefiDollar has raised $1.2 million in a seed round led by Divergence Ventures, Standard Crypto and Accomplice
China's central bank lays regulatory foundation for CBDC
24.10.2020
The new draft law legitimizes digital yuan and may criminalize the issuance of yuan-backed stablecoins by third parties
Prepping for Next Year’s Travel Rule: 25 US Crypto Service Providers Publish Compliance Solutions Paper
24.10.2020
A great number of cryptocurrency businesses are preparing for the upcoming Financial Action Task Force (FATF) rules toward cryptocurrencies, specifically the Travel Rule. This month 25 Virtual Asset Service Providers (VASPs) published a paper that outlines how American-based VASPs aim to comply...
Stablecoins went wild in the days before Bitcoin’s recent surge
23.10.2020
Retail investors are buying into Bitcoin, says CryptoQuant CEO
Bitcoin Businesses on the Mend: Report Shows 57% of Crypto Execs Expect the Industry to Accelerate, Companies Are Hiring
23.10.2020
Digital Currency Group (DCG) recently published the firm’s “State of Crypto 2020” report which polls more than 150 portfolio crypto companies. According to the study, 75% of the respondents believe the value of their business has grown this year, while 50% of the startups have...
Lossless Lottery PoolTogether Opens Up to More Coins, More Prizes
22.10.2020
PoolTogether v3 will enable more ERC-20 tokens, more yield sources and more prize distribution schemes for the DeFi savings game