A series of protocol upgrades and new liquidity integrations prove that 1INCH is aiming to increase its DeFi and DEX aggregator market share. As the decentralized finance (DeFi) ecosystem evolves and expands to encompass the whole of the cryptocurrency sector, the race to become the top decentralized exchange (DEX) aggregator is heating up as new… More
Crypto has made for a genre-defying trove of lyrical content over the years. Here are some key examples of the industry’s musical creativity. While the cryptocurrency industry is mostly centered around technology and data, the people who inhabit our sector are not without their creativity. This is seen not only in the various solutions and… More
England’s central bank warns crypto investors to be wary of the risks associated with buying cryptocurrencies. Andrew Bailey, governor of the Bank of England, has warned crypto investors of the dangers of participating in the market.Speaking during a conference on Thursday, Bailey balked at the notion of “cryptocurrencies,” stating that “crypto assets” was a more… More
Turkey’s Minister of Treasury and Finance sheds light on regulatory actions following an alleged $150-million crypto exchange scam. Crypto exchanges with a presence in Turkey must now inform the Financial Crimes Investigation Board, or MASAK, about any crypto transactions over 10,000 Turkish liras ($1,200). Turkish Minister of Treasury and Finance Lütfi Elvan announced the new policy… More
EOS is the latest large-cap altcoin to experience a massive price surge in the last few days as alt season gains momentum. The price of EOS is in the double digits for the first time since mid-2018 after a parabolic advance that began back in March.According to data from CoinGecko, the 20th-ranked cryptocurrency by market capitalization is… More
Trading, financing and custody services are being pursued by the investment bank. Citigroup is reportedly considering offering crypto-related services to its customers in response to rising demand, specifically from asset managers and hedge funds.The financial services firm’s global head of foreign exchange, Itay Tuchman, told the Financial Times on Friday that the investment bank was… More
Bitcoin remains pinned below $58,000 while Ethereum price soars to new highs and the number of ETH held on centralized exchanges falls. Ether (ETH) took charge as a new month begins and the second-largest cryptocurrency by market capitalization rallied to a new all-time high at $3,338. This has many analysts shouting out that a new ‘altcoin… More
“I have worked with this person for many years, and he has a tendency to try to change the terms of payment after agreeing on a certain way of operating,” said the contract worker. A United States-based business development specialist has claimed that a company that paid them for contract work using cryptocurrency now wants… More
As Ethereum rallied to new highs, the total value locked in multiple DeFi platforms surged above $10 billion, lifting MKR, AAVE and COMP toward new all-time highs. Analyzing the activity on lending platforms can sometimes be used as a barometer for measuring the sentiment of the cryptocurrency market as a higher number of collateral-backed loans… More
The new contract is worth one-tenth the size of a single Bitcoin. The Chicago Mercantile Exchange, or CME, has officially launched its newest Bitcoin (BTC) derivatives product, setting the stage for wider mainstream adoption of digital assets. TIm McCourt, CME Group’s global head of equity index and alternative investment products, said the new product will provide… More
Crypto.com has chosen CipherTrace’s specialized compliance tool to help it fulfill the complex requirements of the FATF’s industry-shaping “travel rule.” Crypto.com — the creator of a cryptocurrency exchange, wallet, debit card program and crypto app — is strengthening its compliance toolkit by implementing a commercial solution developed by crypto intelligence firm CipherTrace.CipherTrace’s tool, called Traveler,… More
Bitcoin price is clinging on to $53,000 while Ethereum’s increasing bullish momentum prompted renewed discussions of an ETH flippening. Bitcoin and the overall cryptocurrency market saw minor losses on April 29 as the market heads into the expiry of $4.2 billion worth of (BTC) options contracts. Data from Cointelegraph Markets and TradingView shows that since reaching a high… More
Users of the exchange will be able to purchase up to $25,000 in crypto daily using PayPal. Coinbase users with PayPal accounts will now have another way to purchase crypto through the exchange.In an announcement from Coinbase today, the crypto exchange said it would be allowing its customers based in the U.S. to buy crypto… More
“The group’s consolidated assets exceed its consolidated liabilities,” Moore Cayman wrote of Tether Holdings Limited. Moore Cayman, a Cayman Islands-based accounting network, has again affirmed that Tether Holdings Limited’s USDT stablecoin tokens are fully backed by its reserves. In the latest report, signed on March 31 and released Thursday, Moore Cayman confirmed that Tether’s consolidated assets… More
Regulators in South Korea are reportedly set to give the green light for the country’s first crypto-related investment fund. The Naver News service in South Korea has reported that the country’s Financial Supervisory Service, or FSS, is set to approve a crypto-related fund application by Hanwha Asset Management, a subsidiary of South Korea’s insurance giant… More
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