Centralized Decentralized Finance may not make a lot of sense, but it is coming. Crypto.com, a conglomerate dealing primarily with payments and the exchange of crypto assets, announced its foray into decentralized finance with a platform named DeFi Swap. According to its whitepaper, published on Friday, DeFi Swap is a fork of the popular Uniswap […]
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Opinion: Binance approving and listing SUSHI tokens says more about industry-wide standards rather than Binance’s policy. Binance’s Changpeng Zhao has received more than his fair share of criticism since Binance’s 2017 launch. As a high-profile crypto figure and the CEO of one of the sector’s largest companies, that is to be expected. But the denunciation […]
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Recent on-chain data shows a spike in Bitcoin transfers, hinting that there may be a rise in over-the-counter BTC orders. According to CryptoQuant CEO Ki Young-Ju, over-the-counter (OTC) Bitcoin (BTC) deals might be occurring in a way that is similar to the pattern seen in February 2019. According to the on-chain analyst, this is historically […]
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New wire fraud charges against St. Petersburg trolls allege that they stole the identities of U.S. citizens to open crypto accounts. The U.S. filed criminal charges against Russian national Artem Lifshits for his management of an affiliate of the infamous Internet Research Agency, which U.S. authorities accuse of interfering in the 2016 election. The new complaint […]
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As new U.S. election nears, the Treasury adds new names and crypto addresses to its specially designated nationals list Sept. 10 updates to the U.S. Treasury’s sanctions include Russian nationals who allegedly worked to interfere in U.S. elections. The updates specifically target a laundry list of crypto wallet addresses associated with these accused hackers. The […]
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Hot wallet attacks have been making a lot of headlines lately. Crypto exchange Eterbase recently fell victim to a hack of its hot wallets. According to a statement issued by the Slovak Republic-based exchange, hackers extracted approximately $5.4 million from the exchange’s accounts on August 8. Shortly thereafter, Eterbase assured users that law enforcement had […]
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Ethereum 2.0 will lose the first-mover advantage its first iteration had. How does it stack up against the extensive competition in 2020? After several years in development, Ethereum 2.0 is now more tantalizingly close than ever before. Despite a shaky start with the Medalla testnet, it seems that development is still on track. Prysmatic Labs […]
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Standard Chartered Bank has launched the first remittance service in Bangladesh. The South Asian nation of Bangladesh will soon get its first blockchain remittance system that will allow Bangladeshi expats in Malaysia to instantly transfer wage remittances to their home country. According to a report from The Business Standard, the British national banking service firm […]
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The latest quantum computer may not help unlock lost Bitcoin — at least, not yet. A Bitcoin wallet with nearly $700 million is up for grabs — but anyone intending to be a “crypto thief” and nab it will have to crack the password first. Crypto Twitter user Alon Gal has put out a call […]
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The privacy-based browser is adding anti-phishing solutions from PhishFort. According to a Sept. 8 tweet from Brave, the privacy-based browser has incorporated open source solutions from cybersecurity firm PhishFort. The aim is to help prevent phishing attacks — a scam that usually involves tricking a victim into giving up personal information with a fake email […]
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