Is DeFI unravelling, or are these just growing pains? The rapidly expanding DeFi space is becoming riddled with scams as another suspicious project has headed for the exits carrying speculators’ money. “A new liquidity mining pool DeFi project, Yfdexf.Finance has exited the market after defrauding investors of $20 million in total funds locked in its […]
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The Square CEO remains a vocal champion of the Blockchain space. The world of cryptocurrency moves at a whirlwind pace but Twitter CEO Jack Dorsey remains committed to its earliest lodestone, Bitcoin (BTC). In an interview with Reuters on Sept. 10, Dorsey, who also founded the mobile-payment platform Square, said he believes the coin’s potential […]
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As new U.S. election nears, the Treasury adds new names and crypto addresses to its specially designated nationals list Sept. 10 updates to the U.S. Treasury’s sanctions include Russian nationals who allegedly worked to interfere in U.S. elections. The updates specifically target a laundry list of crypto wallet addresses associated with these accused hackers. The […]
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The price of Bitcoin is showing stability above $10,000, and traders explain where BTC’s next big move is headed. The price of Bitcoin (BTC) has been ranging between $9,800 and $10,500 for nearly a week after a short fall from almost $12,100 seen on Sept. 1. As BTC struggles to show any distinctive price movement, […]
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Before we run to build more DeFi products, let’s first walk to improving the underlying infrastructure. Decentralized finance has become the fastest-growing sector of the blockchain industry. Today, there are over 200 projects working on a wide variety of decentralized financial products and services. That number continues to increase every day as new DeFi-related projects […]
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Warren Buffett and Berkshire Hathaway invested in the pre-IPO tech firm Snowflake. Over the long term, the shifting trend to digital could buoy Bitcoin. Ahead of its initial public offering (IPO), Warren Buffett and Berkshire Hathaway invested in tech-cloud company Snowflake. Buffett has largely avoided tech companies for many years, investing heavily in banks. That […]
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The Russian government keeps betting on blockchain for elections. As Russia is set to pilot a blockchain-based e-voting system in September, the country’s federal elections authority has provided public access to the platform’s source code. According to an official announcement by Russia’s Central Election Commission (CEC), the source code for the e-voting system was partly […]
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The platform will allow investment in commercial real estate from as little as $5,000, and liquidity in the form of token-backed loans during the 12-month lockup period. Despite receiving hype as a potential killer-app for blockchain, tokenized real estate has in many ways failed to live up to its early promise. However, fintech startup Reinno […]
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A major crypto company is offering outs to its employees as the situation in Belarus grows more tense. Amid the ongoing political unrest in Belarus, some local cryptocurrency-related companies are reportedly setting up backup offices in neighboring countries. Currency.com, a Minsk-headquartered crypto trading company, is reportedly planning to open an office in Lithuania to provide […]
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Crypto and blockchain get better legal clarity in the alpine country. Swiss parliamentarians on Thursday passed a new set of finance and corporate law amendments that recognize the blockchain and cryptocurrency industry. As per a Swiss Info report, the government has amended several laws ranging from company bankruptcy to securities trading. The new set of […]
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