Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number. Major Japanese cryptocurrency exchange Coincheck has suffered a data breach involving unauthorized access to the platform’s domain registration service. Coincheck is one of the world’s oldest crypto exchanges. They suffered a $500 million hack […]
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A Bitcoin exchange transaction resulted in a user getting scammed as a spoofed SMS message from a payment app made it seem that the attacker executed the payment. A Bitcoin (BTC) peer-to-peer exchange made on the HodlHodl platform went awry as a scammer appears to have used a SIM spoofing attack to make the seller […]
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Decentralized finance still has a few issues to overcome, but new solutions are emerging, which may help bring this technology to a wider audience. Is the missing link interoperability? It’s commonly agreed that one of the major catalysts for DeFi adoption is interoperability — the ability for every tool, smart contract and DApp to interact […]
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Taro Aso might not be willing to support legislation in Japan treating cryptocurrency-related income the same as that for stocks. Finance Minister Taro Aso suggested he was unwilling to push for lowering the tax rate on cryptocurrencies in Japan to a flat 20% because it’s difficult for many households to invest in digital assets. Aso […]
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The crypto industry has the best historical moment to change the discourse about crypto and its reputation into a successful innovative tech sector. Blockchains reached a feverish level of hype following the ICO mania of 2017. Peddled as the panacea to the world’s ills, many of such promises ill-intentioned, initial coin offerings raised enormous sums […]
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The Aave protocol has introduced Uniswap tokens as a collateral form, which opens the door to the somewhat risky practice of leveraged liquidity pools on the exchange. The Aave lending protocol introduced a new market based on Uniswap liquidity tokens, which lets depositors borrow assets against these synthetic tokens. The Uniswap market was launched and […]
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Celsius users can now purchase Tether Gold via credit and debit cards with a minimum purchase amount of $50. Celsius Network is expanding its partnership with fiat-to-crypto payments provider, Simplex, by enabling its users to buy more crypto with credit and debit cards. Celsius, a major crypto lending startup, now allows its users to purchase […]
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Tether usage is picking up pace in DeFi as Aave reports over 10% of its assets locked are in USDT, after a slow start that saw its competitor USDC gain adoption. Tether (USDT) usage in decentralized finance (DeFi) appears to be growing, as lending protocol Aave reports over $7.2 million in USDT locked, out of […]
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Major American digital asset financial services firm BitGo is releasing a new full-service trading platform designed for institutional investors. BitGo, a United States-based firm that handles about 20% of all Bitcoin (BTC) transactions, is introducing BitGo Prime, a new entity specifically for institutional trading services. On May 27, BitGo said that the new prime broker […]
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A new crypto bull run could be on its way as a result of government economic measures and mainstream interest. After two years of uncertainty since 2017’s mega bull run, the signs are looking promising for a big crypto rally, says the co-founder of market analytics company Digital Assets Data. “I believe a major crypto […]
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