Combined volume totaled nearly $200 million on Monday, as current price action represents a critical point for miners. Bitcoin (BTC) derivatives traders were anything but bearish during Monday’s crash, data reveals — options volumes set a giant $200 million all-time high. According to figures collated by monitoring resource Skew Markets, volatility which saw BTC/USD descend […]
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Early reports say European bank BNP Paribas has blocked transfers to Coinbase, citing “fraud, malware and scams.” Initial findings show French international banking group BNP Paribas is blocking customers from sending funds to major crypto exchange platform Coinbase. The block seems to have been initiated this week, although transfers functioned normally during the week of […]
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The Eastern Caribbean Securities Exchange is partnering with Canadian fintech firm Blockstation to trial tokenized security offerings. The Eastern Caribbean Securities Exchange (ESCE) plans to partner with Canadian-based digital asset marketplace provider Blockstation to pilot security token offerings (STOs), according to a Letter-of-Intent published on March 10. Blockstation is slated to provide a platform for […]
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Tether is making further inroads into decentralized finance by joining forces with Aave, formerly ETHLend, to let its users borrow and lend stablecoin Tether. Tether (USDT) is now available on Aave, a non-custodial lending platform formerly known as ETHLend. The top stablecoin by market capitalization appears to be signaling its move into Ethereum (ETH) decentralized […]
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Circle’s consolidation strategy is starting to pay off as it released a set of new APIs for businesses that wish to benefit from USDC without the technical complexities. Circle, the company behind the USDC stablecoin unveiled three new APIs for businesses on March 10. The new developer tools are aimed to help traditional businesses use […]
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SEC commissioner lends an olive branch to the crypto community as New Jersey becomes the latest state to unveil crypto regulations. Some of the internet’s biggest companies — the likes of Amazon, Google and Facebook — were created from the ruins of the dot-com bubble. Likewise, the crypto ICO bubble seems to have many states […]
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Major cryptocurrency wallet service and blockchain data supplier Blockchain.com now allows all users to borrow Paxos Standard against Bitcoin. Amid the ongoing growth of the cryptocurrency lending industry, major crypto wallet service Blockchain.com launches a new lending product for all users, not just institutions. After first launching an institutional crypto lending desk in August 2019, […]
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In an ongoing lawsuit, Genesis Mining has claimed that Digital Capital failed to deliver functional software in a failed partnership between the firms. Two firms in the cryptocurrency space are at legal loggerheads regarding millions of dollars in purportedly unpaid invoices. On September 30, 2019, the London-based payments company Digital Capital sued Genesis Mining over […]
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Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. Cryptocurrency exchange Binance has officially apologized to the Steemit community following its involvement in a major centralization scandal involving Tron founder Justin Sun. In its letter posted on March 10, Binance affirmed […]
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Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, has given the green light to crypto exchange provider Zipmex. Indonesia’s Commodity Futures Trading Regulatory Agency, also known as Bappebti, has given the green light to crypto exchange provider Zipmex. The approval is the latest in Zipmex’s series of applications to regulators in the Asia-Pacific […]
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