Category Archive: Cryptocurrency, No picture
U.K. Bank Barclays Blocks Card Payments to Binance
Key Takeaways U.K. bank Barclays has confirmed customers will no longer be able to deposit funds on Binance. Barclays says it made the decision to keep customers safe. Binance has faced regulatory pressure in several countries in recent months. U.K. bank Barclays has informed customers that it will no longer allow card payments to the […]
Dfinity Criticized Over Internet Computer Fork Proposal
Key Takeaways Dfinity founder Dominic Williams has proposed a fork of the Internet Computer network called Badlands. The new fork would come with a new token that would be airdropped to ICP holders. Critics have raised concerns about launching a new blockchain and token. Dfinity’s founder Dominic Williams has shared tentative plans of an Internet […]
Vietnam Changes Tune on Crypto with Pilot Plans
Key Takeaways Vietnam’s central bank will begin piloting the use of crypto technology on Prime Minister Phạm Minh Chính’s request, Vietnam News has reported. The development is something of a U-turn for Vietnam, which has historically displayed aversions towards cryptocurrencies. Countries around the world have shown conflicting views on the asset class to date. Vietnam’s […]
Ohio DOJ Auctions $19.2 Million in Bitcoin Seized in 2018
The U.S. Department of Justice’s Northern District of Ohio has sold over $19.2 million worth of Bitcoin seized from Mark Simon, who pleaded guilty to selling counterfeit identification documents and money laundering. DOJ Auctions Seized Bitcoin The U.S. Department of Justice’s Northern District of Ohio has sold Bitcoin worth roughly $5.1 million when seized in […]
Aave to Launch Institutional Lending Markets This Month
Key Takeaways Aave is launching a “permissioned liquidity protocol” called Aave Pro this month. Access to Aave Pro will require completion of KYC regulations and be segregated from the main decentralized markets. The team has partnered with Fireblocks to manage the KYC process. Ethereum’s largest lending protocol, Aave, will launch private lending markets for institutional […]
REvil Demands $70M in Bitcoin After Ransomware Attack
Key Takeaways Notorious cybercriminal gang REvil has taken control of hundreds of companies worldwide in a sophisticated ransomware attack. The group has demanded $70 million in Bitcoin for a key to help affected users recover their systems. The U.S. government says it is looking into the matter. This news was brought to you by Phemex, […]
Synthetix Surges 22% as Ethereum DeFi Tokens Rise
This news was brought to you by ANKR, our preferred DeFi Partner. Synthetix is soaring. Synthetix Leads DeFi Gains Synthetix closed the weekend in bullish mode after rising 21.9% Sunday through Monday. Source: CoinGeckoThe DeFi protocol’s SNX token is currently trading at $9.17 according to CoinGecko, which puts the project’s market cap at around $1.45 […]
Crypto Briefing’s CB10 Index Outpaces BTC in Q1, Q2
Key Takeaways The sixth rebalancing of Crypto Briefing’s CB10 was carried out at 10:00 EST on Jul. 1. Bitcoin was the only cryptocurrency to see a positive allocation during this month’s rebalancing. Solana replaced Polygon in the top ten index. The half-yearly gains of Crypto Briefing’s CB10 index have outperformed Bitcoin despite the market’s negative […]
Bitcoin Mining Council Says Mining Is 56% Sustainable
Key Takeaways The Bitcoin Mining Council has published a report on sustainable energy usage in the Bitcoin mining industry. The BMC report indicates that the mining industry’s sustainable electricity mix grew to 56% during 2021. Some have questioned whether BMC’s statistics are accurate. Mine Crypto The Bitcoin Mining Council, an open forum of companies in […]
Andre Cronje Launches Decentralized Forex on Ethereum
Key Takeaways Andre Cronje has published a blog post detailing his new DeFi venture, Fixed Forex. Fixed Forex lets users mint and exchange various fiat-pegged stablecoins by providing collateral. The final release of Fixed Forex will be deployed on top of Curve Finance. Cult DeFi architect Andre Cronje has announced a new decentralized stablecoin exchange […]
