Eastern Europe’s sixth-largest crypto service is a darknet market

A new report from Chainalysis has found that Eastern Europe is responsible for more darknet activity and ransomware volume than any other region. Blockchain forensics firm Chainalysis has found that darknet markets exert a disproportionate presence in Eastern Europe’s crypto sector. In an excerpt from Chainalysis’ 2020 Geography of Cryptocurrency Report, the firm asserts that […]

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Curve, Aave, Synthetix and 7 others join Global DeFi Alliance

Huobi’s Global DeFi Alliance has announced 10 new members, including sector heavyweights Aave, Curve Finance, and Synthetix. Huobi’s decentralized finance (DeFi) consortium — dubbed the Global DeFi Alliance — has welcomed 10 new members — bringing its total membership to 15. The new members comprise DeFi heavyweights Curve Finance, Aave, Synthetix, Balancer, Loopring, Zapper, Zerion, […]

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Nigeria regulators recognize digital assets in stunning new statement

‘Virtual crypto assets are securities, unless proven otherwise,’ the Nigerian SEC said. The Securities and Exchange Commission of Nigeria has officially defined digital assets under its regulatory umbrella.  In a Sept. 14 statement, the Nigerian Securities and Exchange Commission, or SEC, defined tokens and coins in the country’s financial markets. The commission stated that these […]

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Binance’s US branch lands in Alabama

Alabama crypto enthusiasts now have another trading venue. Binance.US, the regulatory-friendly United States branch of crypto exchange Binance, has added Alabama to its list of approved states.  Binance added Alabama to its list in a Sept. 13 announcement, complete with a football graphic as homage to one of the state’s favorite pastimes. The announcement also listed […]

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