A spokesperson for Tao Tao said it “could not agree on a strategy” with Binance. Japan-based digital asset trading platform Tao Tao ended negotiations with Binance, setting back the timeline for the crypto exchange to launch trading services for users in the Asian nation. According to an Oct. 5 update from Tao Tao, the platform […]
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Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains. China may be behind a large spike in new Bitcoin (BTC) addresses as authorities launch a “targeted marketing campaign” — in favor of crypto. In a series of tweets on Oct. 5, analyst […]
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Litecoin’s privacy feature testnet returns as news emerges that Europol sees privacy and coin mixing technologies as major digital threats Litecoin (LTC) has relaunched its MimbleWimble testnet — a protocol designed to enhance privacy and obfuscate the traceability of distributed ledger transactions. MimbleWimble is a modified implementation of the proof-of-work algorithm underpinning Bitcoin (BTC) in […]
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Binance Futures’ DeFi Composite Index has lost half of its value since launching, while TokenSets’ DeFi Pulse Index is down by one-third. On August 28, Binance Futures launched its DeFi Composite Index, a basket of DeFi tokens that initially comprised 27% Chainlink (LINK) and 11% Aave (LEND) alongside nine other prominent DeFi tokens that made […]
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The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time. The milestone comes roughly seven months after the wallet first […]
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BitMEX is maintaining respectable liquidity and open interest but the exchange could still face a total client exodus. For BitMEX, 2020 has been quite a rough year and from the look of things it’s only set to get worse. The popular derivatives exchange is no longer as relevant and impactful on crypto market price action […]
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They’ve been quietly handling thousands of cases for months now. 40 firms have used Shanghai’s blockchain-powered notary platform to handle over 3,000 cases since its launch in January. According to Jiemian, the “Hui Cun” platform (which is managed by Shanghai Xuhui Notary Public) is a blockchain-based electronic data storage protocol that exercises notarization functions. It […]
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Scammers are taking advantage of one of Bitcoin’s strengths, as once lauded by Satoshi Nakamoto. Fraudsters are taking advantage of the irreversible nature of crypto transactions, says MyChargeBack’s vice president of global operations, Michael Cohen. When Bitcoin (BTC) was first envisioned, one of its selling points was the fact that it was offering better protection […]
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The cybersecurity millionaire and former presidential candidate sees new additions to his legal woes. On Monday, the U.S. Securities and Exchange Commission filed suit against John McAfee for allegedly promoting initial coin offerings (ICOs) without disclosing that the ICO issuers were paying him, a violation of U.S. securities law. Per the complaint: “From at least […]
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Discover the intricacies of short and long positions in crypto trading. These principles can be applied by both new and experienced traders. How can margin trading amplify the targets of long and short positions? Margin trading can magnify the potential results of long and short positions thanks to leverage — i.e., borrowed funds. Going long […]
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