Ren has launched the RenVM, facilitating tokenized Bitcoin, Bitcoin Cash, and Zcash for use on the Ethereum ecosystem. Ren, a decentralized finance (DeFi) protocol with backing from Polychain Capital and FBG Capital, launched its core product ‘RenVM’ on May 27. The RenVM allows users to create tokenized Bitcoin (BTC), Bitcoin Cash (BCH), and Zcash (ZEC) […]
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New DeFi consortium backed by veteran crypto investor, Polychain Capital, hits 51 members to bolster cross-chain DeFi solutions. After decentralized finance, or DeFi, markets collapsed in late March 2020, a number of industry players joined forces to support emerging fintech. Today, the Ren Alliance, a new DeFi consortium backed by veteran crypto investor, Polychain Capital, […]
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Portfolio tracker and tax calculator CoinTracker has topped 100,000 users and brought six new partners on board. Cryptocurrency portfolio tracker and tax calculator CoinTracker has surpassed 100,000 users and has signed up six new partners. The site, which is used by many traders to comply with tax reporting obligations, announced the news in a blog […]
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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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The decentralized exchange responsible for over 40% of DEX transactions claims to have created an “infinite scaling solution” for the Ethereum network. IDEX, the decentralized exchange (DEX) responsible for over 40% of all DEX transactions, claims to have created an “infinite scaling solution” for the Ethereum network. 1,000 times faster In an email sent to […]
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Algo Capital has raised $200 million — double its $100 million goal — for its venture capital fund. Algo Capital has raised $200 million — double its original goal — for its venture capital fund. According to a news release shared with Cointelegraph on Aug. 27, the new fund will invest in businesses helping to build […]
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A full guide to decentralized exchanges — how they work and differ from their centralized counterparts. Any dispute settlement process? The main issue when talking about regulation of DEXs is that, in most cases, such exchanges are not controlled by a specific legal entity or individual. Since DEXs are not required to follow regulations, this […]
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More on CoinMarketCap’s plan to fight fake volume reporting. Recently, CoinMarketCap (CMC), arguably the industry’s best-known cryptocurrency market data service, announced an initiative to provide “greater transparency, accountability, and disclosure from projects in the crypto space.” The move followed recent reports on fake volume data and wash trading among cryptocurrency exchanges that were published last […]
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Centralized crypto exchanges saw a major uptick in traded volume this April, with a solid 85% overall increase among top fiat-to-crypto platforms. Centralized cryptocurrency exchanges saw a major uptick in traded volume this April, the new April 2019 Exchange Review from crypto data provider Cryptocompare has revealed on May 20. Among top fiat-to-crypto platforms, monthly […]
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Following controversy about fake volumes on CoinMarketCap, the service will require exchanges to provide mandatory API data. Crypto market cap tracker CoinMarketCap (CMC) will remove exchanges from its calculations if they fail to provide mandatory data by June, the firm wrote in its sixth anniversary blog post on May 1. CoinMarketCap, a major source of […]
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