Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinCDX, offering secure storage and partial insurance for assets traded on the platform. Cryptocurrency custodian BitGo will provide its services to Indian exchange CoinCDX, offering secure storage and partial insurance for assets traded on the platform. BitGo — a United States-based firm that claims to […]
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German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product. All 80,000 users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts thanks to a new partnership with cryptocurrency lending platform Celsius Network. According to defiprime.com, Bitwala is the […]
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Maker continues to garner criticism due to its onboarding of centralized collateral. The original MakerDAO (MKR) protocol shut down on May 12 at 4 PM UTC after an expedited shutdown procedure was initiated as a result of the Black Thursday events. With Single Collateral DAI, or Sai, only Ethereum (ETH) was usable as collateral for […]
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Flipside Crypto and Prysm Group have partnered to release the Economic Suite, which lets blockchain projects measure how speculative and decentralized they are. The Economic Suite, developed by Flipside Crypto and Prysm Group, is a new blockchain economic tool that will let projects view advanced economic data about their ecosystem. The partnership, whose results were […]
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In the final block, Miner f2pool immortalized a NY Times article highlighting the similarities between the 2008 financial crisis and today. Just before Bitcoin experienced its third halving, which cut the block reward from 12.5 BTC to 6.25 BTC, the miner who extracted the cryptocurrency’s final block had a special message for all HODLers. F2pool, […]
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While the fear and uncertainty surrounding BTC has decreased quite substantially before the upcoming halving, experts have noted that the greed aspect of the F&G Index has increased greatly over the past couple of days. With Bitcoin’s (BTC) third mining rewards halving just over 24 hours away, mainstream market hype surrounding the event has grown […]
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Digital asset manager CoinShares has nearly completed acquisition of a trading shop that generated $1.5 billion in volume this past quarter. European crypto asset manager, CoinShares, announced the launch of its new trading business, CoinShares Capital Markets, or CSCM, on May 7. The subsidiary comprises a rebranding of GABI Trading, with CoinShares now entering into […]
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Paradigm has incubated its first crypto project — an Ethereum-based DeFi protocol promising fixed-rate lending and interest markets. A researcher from the crypto asset investment firm, Paradigm, has co-authored a whitepaper for a new decentralized finance, or DeFi, lending protocol boasting fixed-interest rates. The whitepaper for Yield protocol was written by Paradigm’s Dan Robinson and […]
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Experts weigh in on the ongoing gold vs. Bitcoin debate: Which asset is more capable in these current times? Is gold faltering as a safe haven? A Coinbase blog post from May 1 suggested that several months into the COVID-19 pandemic, gold’s market efficiency vis-à-vis Bitcoin (BTC) could be slipping. “Bitcoin and gold are fundamentally […]
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Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market. Baker-Taylor has over 20 years of experience in HSBC, […]
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