Binance’s interest in DeFi expands globally. The United States arm of Binance, the world’s largest cryptocurrency exchange, has entered a major organization focused on decentralized finance, or DeFi. According to a Sept. 17 blog post, Binance.US has officially joined the Chicago DeFi Alliance. Also known as the CDA, the association is backed by crypto fund […]
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Cold wallet maker Ledger adds more privacy protection to its software suite Hardware wallet maker Ledger has recently upgraded its software suite to include more privacy and control over crypto transfers to help prevent ‘dusting attacks’. A dusting attack is where a malicious actor sends small amounts of Bitcoin to a wallet to break the […]
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Two exchanges, one goal. Crypto exchange KuCoin has unveiled dealings with another exchange, Poloniex, in an effort to move the crypto industry forward. “KuCoin and Poloniex will join hands in trading technology research and development, liquidity sharing, product iterations, PoS [proof-of-stake] and PoW [proof-of-work] mining pools, and other industrial exploration,” said a statement provided […]
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Despite predictions Uniswap’s airdropped token would be dumped in the gutter, UNI has garnered a $217 million market cap. The token, which was airdropped to past Uniswap users in batches of 400 per wallet without warning yesterday, has defied predictions that the market would crash from its initial pricing of $3 as the 75,235 users […]
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Following Uniswap’s UNI token launch, Ethereum transaction fees spiked to almost $1 million an hour. Ethereum miners’ hourly revenue has hit a five-year record, with fees currently bringing in 2,275 ETH ($880K) per hour. The spike was triggered by yesterday’s announcement that Uniswap would airdrop it’s governance token UNI to past users of the decentralized […]
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Lured by the sirens’ call, traders are wrapping their Bitcoin at record levels in order to yield farm and trade DeFi tokens. After failing to hold the $11K mark and exposing what some analysts have described as a general apathy to trade BTC at these levels, Bitcoin (BTC) price is once again flirting with $11,000. […]
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Tether supply surges to $15 billion but it could still be a house of cards The surging DeFi sector has resulted in a mass minting of Tether in 2020 — including $3B last month alone — which has pushed its market capitalization over $15 billion. At the beginning of the year there was just over […]
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Dapper Labs has partnered with its second major stablecoin this week, announcing the integration of BUSD for developers building on its Flow blockchain. The U.S. dollar stablecoin of top crypto exchange Binance, BUSD, has become the latest stable token to announce it will launch on Dapper Labs’ Flow blockchain. The news comes just days after […]
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‘Giving away crypto does help people, but the real motivation is to spread awareness in a way that’s fun and interesting,’ the Bitcoin Man said. An anonymous benefactor manipulated social media to get on the news in the Californian city of Bakersfield to encourage the adoption of Bitcoin Cash. According to a Sept. 17 blog […]
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Avanti CEO and Kraken Financial Managing Director discuss Wyoming’s progressive steps in blockchain regulation San Francisco-based crypto exchange Kraken has become the first cryptocurrency business to receive a charter to operate as a bank in the United States. When seen as part of a larger-scale shift in regulatory attitudes that may help to bring crypto […]
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