The Kava decentralized finance project has launched on the Cosmos blockchain, giving users the ability to put BNB for collateral to receive its stablecoin, USDX. The Kava decentralized finance (DeFi) protocol officially launched on Cosmos (ATOM) mainnet, with an initial onboarding of Binance Coin (BNB) as a collateral form. Kava works in a similar way […]
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The Libra Association just filled a key role. The Libra Association, the group behind Facebook’s digital asset endeavor, unveiled an update to its brass. The association announced Sterling Daines fills the role of announced its Chief Compliance Officer, or CCO, at the ourfit, said a statement provided to Cointelegraph staff. Daines will leave his post at Credit […]
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Coil takes an 8% stake in tech news platform Hacker Noon, seeking to implement Web Monetization for their 10,000 plus contributing writers. Content-monetization specialist, Coil, announced on June 10 that it had made a strategic investment into independent technology publishing platform, Hacker Moon. This also marked the start of a three-year partnership between the companies, […]
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Here’s how the crypto derivatives market compares to the traditional derivatives one. Crypto derivatives volumes have hit a new record high in May 2020. The early generation of crypto investors mostly worked with a hold-and-sell perspective. With the inevitable evolution of the market and the advent of cryptocurrency derivatives, investors with varied agendas — such […]
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Florence, AL was targeted by the DoppelPaymer ransomware attack and officials plan to pay the ransom demanded. A ransomware gang launched an attack on the information technology systems of Florence, Alabama in may. This attack came despite warnings by cybersecurity firms about possible hacker infiltration into the city’s infrastructure. According to a KrebsOnSecurity report from […]
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Binance is said to be operating a mysterious domain for Chinese traders. Top crypto exchange, Binance, seems to be providing trading services for mainland Chinese customers despite the local ban, a report published yesterday by China National Radio, or CNR, alleges. According to CNR, Binance CEO Changpeng Zhao, also known as CZ, has been promoting […]
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Blockchain firm Prysmatic Labs announced the launch of a new test network of the Ethereum 2.0 blockchain. Blockchain firm Prysmatic Labs announced the launch of a new test network for the Ethereum 2.0 blockchain. According to a June 10 announcement, Prysmatic Labs is launching the Onyx Ethereum 2.0 testnet — which represents an improvement over […]
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The largest cryptocurrency’s gradual “decoupling” from stocks may see a major test in the coming weeks, warns eToro’s Yoni Assia. The CEO of a major trading platform has warned that a new stock market crash will come in less than a month, and investors should pay attention now. In a series of tweets on June […]
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About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement. Around 4,000 Chinese bank accounts of cryptocurrency traders have reportedly been frozen by local law enforcement. According to a June 8 report by 8BTC, police froze the bank accounts of thousands of over-the-counter (OTC) traders from the Chinese province of […]
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Bitmain’s operations in Shenzhen are reportedly being disrupted as Micree Zhan forbade shipment of mining devices following his recent takeover of the Beijing office. After physically taking over the Beijing Bitmain office, ousted CEO Micree Zhan is reportedly regaining control and is blocking the delivery of Bitmain products from its Shenzhen factory. According to sources […]
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