The booming DeFi sector is driving up MetaMask’s user base, with the popular Ethereum wallet report now reporting more than one million active monthly users MetaMask, the Ethereum (ETH) browser wallet developed by ConsenSys, has surpassed one million monthly active users for the first time. The milestone comes roughly seven months after the wallet first […]
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Discover the intricacies of short and long positions in crypto trading. These principles can be applied by both new and experienced traders. How can margin trading amplify the targets of long and short positions? Margin trading can magnify the potential results of long and short positions thanks to leverage — i.e., borrowed funds. Going long […]
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Some UniCats users saw their entire token balances drained due to a malicious contract. Yield farmers looking for a quick profit were recently taken in by a dubious DeFi protocol called UniCats — a yield farming scheme reminiscent of other, more famous protocols like SushiSwap or Yam Finance. According to ZenGo researcher Alex Manuskin, at […]
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Is risk in the eye of the beholder? Canada’s central bank, the Bank of Canada, recently put out a report on the risks and benefits of a central bank digital currency. “An anonymous token-based central bank digital currency (CBDC) would pose particular security risks,” the Bank of Canada wrote in its Oct. 5 report. “These risks arise from […]
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Scaling solutions sometimes come at the cost of decentralization. Most of DeFi’s potential scaling options come at the cost of decentralization, according to Kosala Hemachandra, founder and CEO of crypto wallet solution MyEtherWallet. “From a perspective of fully decentralized blockchains, there’s no blockchain that has a good enough scaling solution to support this many transactions,” Hemachandra told […]
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SEC v. Kik doesn’t have to be game-over for Kik or SAFTs. In fact, the decision is perhaps more favorable than the SEC v. Telegram order. On the last day of September 2020, Judge Alvin K. Hellerstein dashed the hopes of Kik Interactive, crypto entrepreneurs and Simple Agreement for Future Tokens, or SAFT, proponents in […]
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How to use the opportunities that the Swiss regulatory system provides for crypto projects wisely to speed up the launch of your product. As the cryptocurrency world matures with more and more jurisdictions legalizing it and ensuring crypto becomes an industry standard, cryptocurrency receives a quality mark that proves that it can earn users’ trust. […]
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A Dutch court ruled against Apollo for cloning over 75% of its code from blockchain developer Jelurida’s code but failing to adhere to the terms of its license. Dutch open-source blockchain software developer Jelurida has won its case in the Netherlands against Apollo Fintech for breach of copyright. On Sept. 22, a Dutch court ruled […]
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Shopify stores could soon allow users to pay for products with Cardano tokens with a new app that removes any payment intermediaries. An Australian developer has almost completed work on a Cardano (ADA) app that will allow all Shopify stores to transact in ADA tokens and other tokens that run on the Cardano network. The […]
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This and other changes come as part of the protocol’s recent mainnet upgrade. Dash Core Group, the entity responsible for developing the privacy-focused coin DASH, publicized fresh changes to the asset’s proof-of-stake network on Sept. 30. “Dash Core v0.16.0.1 binaries are released and ready for deployment on mainnet by node operators,” said an announcement on […]
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