Curve Finance announces to launch liquidity pool for switching between the Stasis Euro (EURS) stablecoin and a synthetic euro, sEUR, on the Synthetix derivatives platform, as a secondary currency option to promote alternative fiat euro stablecoins in DeFi, allows European and Asian users to avoid U.S. dollar exposure. Perpetual Protocol launches, crossed $500,000 open interest …
Blockchain
The hacker managed to install a compromised version of MetaMask that tricked Hugh Karp into signing a transaction that redirected 370,000 NXM (Nexus Mutual) tokens to an attacker-controlled address, worth $8.2 million as of press time, around 6% of all tokens. November 2020 report penned by BraveNewCoin analyst Xavier Meegan, has identifies 18 serious ‘non-financial’ …
DeFi protocol Aave recently releases V2, the second version of the lending platform with unwinding positions is much easier, collateral can be swapped on the fly, and adding further potential to the sector. Read more at: The Aave Protocol V2 AAVE Protocol Whitepaper V2.0 IOHK reveal several ideas tied to Project Catalyst. The first Project …
Hong Kong Exchanges and Clearing (HKEX) will launch a new settlement platform called Synapse in 2022 to help international investors settle mainland Chinese trades according to China’s settlement requirements. Synapse will standardise and streamline settlement workflows for international investors when they trade mainland shares listed in Shanghai or Shenzhen through the two stock connect schemes …
PayPal CEO Dan Shulman highlighted Paypal intends to adopt more digital currencies in the future, writes The Block. #PayPal #Cryptocurrencies #Bitcoin #finance #news iExec RLC now listed on Crypto.com. iExec RLC is now listed on the https://t.co/vCNztABJoG App 🔔 Buy and sell $RLC at true cost with no fees! Bank transfer & credit card supported. …
PayPal is looking to acquire BitGo, which helps investors store digital assets securely. Meltem Demirors, the chief security officer of CoinShares, has predicted that PayPal will seek to launch a stablecoin “in the next six to 12 months.” This would be a sting in the tail for Facebook, given how PayPal left its embattled Libra …
The U.S. already has a “safe and active dynamic domestic payment system,” and will not be issuing a digital dollar until the Federal Reserve resolves all questions around a potential central bank digital currency (CBDC), Fed’s chairman, Jerome Powell speaking at a Monday panel on cross-border payments hosted by the International Monetary Fund. The price …
The price of Bitcoin (BTC) slumped to $10,500 in the first week of October and has recovered above $11,000 surging by nearly 6.5% since Oct. 2. Crypto traders believe $10,500 remains the most critical level for Bitcoin for numerous reasons in both the ongoing cycle and previous price cycles. SBI Holdings is planning to run …
Chainalysis is launching new offices in Singapore and Tokyo to provide local crypto investigations supporting local crypto businesses, government agencies and financial institutions in the APAC region. #KuCoin hack is yet another ex that crypto exchanges, law enforcement & financial institutions all over the world need investigations & compliance tools. We’re thrilled to announce new …
Dash is transitioning into a decentralized cloud cryptocurrency by releasing Dash Platform, upcoming application development platform built on top of the Dash payment network, supports blockchain-verified user data storage and a decentralized API (DAPI). #Dash #DashPlatform #Cryptocurrency Bitcoin whale clusters show $9,800 support has weakened, indicating some whales may be preparing to sell. According to …
Binance crypto exchange Uganda platform announces to delist and cease trading pairs for its own native token, Binance Coin (BNB) on Uganda shilling (UGX), according to a Sept. 9 announcement. Standard Chartered Bank (SCB) announced to launch the first blockchain-based cross-border remittance service in Bangladesh, allowing Bangladeshi expats in Malaysia to instantly transfer wage remittances …
Celsius Network announces to increase reward rates on 12 stable coins enabling customers to earn between 11.55% – 15.89% APY, earn up to 35% more on their digital dollars when choosing to earn in the app’s native CEL token or earn rewards in-kind at the listed rate. Circle and Coinbase have announced USD Coin (USDC) …
Crypto International reportedly dismissing 70 employees after Crypto AG stands accused of allowing the United States Central Intelligence Agency and German secret service backdoor access to compromised encryption devices in February. Read more at swissinfo.ch > Crypto International confirms mass job losses SBI Holdings Preparing to launch contract-for-difference (CFD) trading service via SBI FX Trade …
Bitcoin spiked to $11,600 as the United States Federal Reserve committed maintaining the inflation rate at 2% on average. After the speech, BTC/USD was lower at around $11,390, up 0.7% on the day amid heightened volatility. Galaxus completes electronic commerce payment transactions with Digital Swiss Franc (DCHF) issued by Sygnum Bank, transactions was enabled by …
China’s Communist Party has identified blockchain technology as key tool for nationwide decentralizing social services. According to the policy paper issued by the General Office of the Central Committee of the Communist Party of China and the General Office of the State Council on August 25, Beijing’s strategic vision to provide regional departments with guidance …
