London-based banking company Cashaa will launch a crypto-friendly neo-bank in India The London-based online banking platform Cashaa is planning to launch a crypto-friendly neobank — or internet bank — in India. Kuman Gaurav, the founder of Cashaa, told Cointelegraph that Cashaa India will allow Indian businesses and individuals to open a savings account with them […]
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The Bitfinex hackers have moved thousands of Bitcoins in 2020. Bitcoins (BTC) stolen from major cryptocurrency exchange Bitfinex back in 2016 are on the move again, as hackers shift another massive batch of funds to unknown wallets. According to data from crypto transaction tracking service Whale Alert, Bitfinex hackers moved more than $4.6 million in […]
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BitMEX’s operator has allocated new leadership roles with immediate effect. The operator of crypto derivatives exchange BitMEX has announced a sweep of its top leadership, after United States authorities charged its founders with failing to prevent money laundering and operating an unregistered trading platform illegally. On Oct. 8, BitMEX’s operator, 100x Group, announced that the exchange’s three co-founders, all […]
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Gemini exchange continues to strengthen its global expansion strategy. Major American cryptocurrency exchange Gemini is expanding the company’s business in the Asia-Pacific region with a new high-profile hire. Andy Meehan, a former executive at major American investment bank Morgan Stanley, has joined Gemini as chief compliance officer of the APAC region. Announcing the news on […]
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The DeFi markets took a sharp downturn yesterday, with the combined capitalization of DeFi assets falling 25% while volumes shrunk 30%. The decentralized finance (DeFi) bubble continues to deflate, with crypto market data firm Sentiment reporting a 25% crash in the market capitalization of DeFi assets during yesterday alone. In a blog post published Oct. […]
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A Honda and GM-led working group has unveiled a global standard for using distributed ledger technology to create decentralized electric vehicle charging networks. The Mobility Open Blockchain Initiative (MOBI) has launched a global standard for integrating blockchain technology into a decentralized vehicle charging network. The storage of excess energy generated by wind or solar is […]
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As organizations come under pressure to ramp up climate change policies, accounting giant KPMG has launched a new blockchain-based solution. International accounting firm KPMG has unveiled its blockchain based Climate Accounting Infrastructure (CAI) solution to help organizations measure, report, and offset their greenhouse gas emissions. CAI uses blockchain to securely store environmental data in a […]
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The recent DeFi frenzy has seen $900 million worth of Bitcoin tokenized using Wrapped Bitcoin over the past two months. The recent DeFi bull-cycle has pushed the total value locked (TVL) of popular Bitcoin (BTC) tokenization protocol Wrapped BTC (WBTC) up by 900% to surpass $1 billion. The milestone comes four weeks after the TVL […]
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Multi-platinum record producer buys Bitcoin, is welcomed into the club by Pomp. Murda Beatz, known for his popular music collaborations with Drake, Nicki Minaj, Travis Scott, and others, has bought himself some Bitcoin. Announcing the news to his 283,200 followers on Twitter, Beatz “saluted” hip-hop artist Jermane Prime and Morgan Creek Digital co-founder Anthony Pompliano […]
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The current DeFi ecosystem’s trajectory is reminiscent of the ICO boom. As the majority of DeFi related tokens continue to beat a retreat from their peaks this year, industry experts have weighed in on whether the decentralized finance bubble has burst, or if it will rise from the ashes. Top quality projects like Chainlink, Aave […]
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