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Linear Finance Partners with 3Commas to Expand its Offerings


Decentralized cross-chain crypto protocol, Linear Finance announced on Friday that it has partnered with one of the largest crypto trading platforms, 3Commas. In the official tweet, Linear Finance mentioned that the partnership would allow it to expand offerings on its platform by integrating...

South Korean, Mongolian Banks Prepare Crypto, Digital Fiat Offerings


The Genghis Khan Equestrian Statue in Ulaanbaatar, Mongolia. Asian banks are edging yet closer to crypto and digital currency adoption – with South Korean and Mongolian banks unveiling ambitious new developments in the wake of reports of the launch of Singaporean giant DBS’ forthcoming digital...

Don’t Have a Fast Bot? Beware of Initial DEX Offerings, Researchers Warn


Despite a focus on “fairer distribution” of newly issued tokens, so-called Initial DEX Offerings (IDOs) tend to benefit only the most advanced traders, much in the same way as the now-infamous Initial Coin Offerings (ICOs) of 2017, a crypto research firm Messari warned. The warning comes on...

Defi Boom Fueling ETH Gas Fees, Threatens Viability of Smart Contracts


Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools. The increased number of yield farmers leads...

SEC Redefines Accredited Investors to Include Those With Proven Knowledge


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...

Publicly Traded Firms Launch New Mining Rigs, Less Hashrate Than Competitors


Two of the top mining manufacturers from China that recently had initial public offerings (IPO) released two new mining rigs. Canaan Inc. and Ebang Communications both have shares listed on the Nasdaq stock exchange, and the two firms just launched two ASIC mining devices with hashrates up to...

Grayscale Investments’ Bitcoin Cash Trust Approved for Public Trading


Grayscale Investments’ Bitcoin Cash Trust and Litecoin Trust have been approved by the U.S. Financial Industry Regulatory Authority (FINRA) for public quotations. The two add to Grayscale’s four existing publicly traded investment products: Bitcoin Trust, Ethereum Trust, Ethereum...

South Korea to Start Taxing Bitcoin Profits in 2021


South Korea will start taxing profits from bitcoin (BTC) and other cryptocurrencies next year, according to local media reports. The taxation will also apply to bitcoin mining operations and income from initial coin offerings, should it be approved by Parliament. South Korea’s Ministry...

Major Bitcoin Players Lure Large Investors With New Offerings


From exclusive trading services to investment in Bitcoin (BTC) mining farms, major crypto players are expanding their product list in order to attract more large investors. Crypto custody company BitGo has announced today the launch of BitGo Prime, to offer institutional trading services, which...

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