Jay Clayton, the former chair of the United States Securities and Exchange Commission, has accepted an advisory role with blockchain infrastructure provider Fireblocks — marking a significant addition to a company that only recently achieved unicorn status. In joining Fireblocks’ advisory board, Clayton acknowledged that he shares the company’s view that “digital asset custody requires …
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Bison Trails, an enterprise infrastructure provider for the blockchain and cryptocurrency industry, has extended support to developers of Binance Smart Chain — a move the company says will contribute to the health and security of the rapidly growing DeFi sector. Through Bison Trails, developers on Binance Smart Chain, also known as BSC, will have access …
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With the decentralized finance (DeFi) space on a rebound, the time is perfect to buy DeFi coins. Data from DeFi Pulse shows that assets locked in DeFi protocols could cross the $80 billion mark again. Now that investors understand the value of DeFi coins, there is an understandable hunger for them. Below, we’ll look at …
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Crypto analyst Scott Melker is sharing his top four assets as altseason heats up again. In a new video, Melker tells his 77,000 subscribers that he is keeping an eye on scalable blockchain network Cosmost (ATOM) in both its Bitcoin (BTC) and USD pairs. Looking at the asset’s Bitcoin pair, Melker says he’s interested in …
Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program this year. Bitcoin risks $45,000 becoming new resistance The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The pair’s plunge appeared …
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American banking giant JPMorgan Chase has reportedly blocked all account activities of Compass Mining, a Bitcoin (BTC) mining company based out of Delaware. The information came to light when Compass Mining CEO Whit Gibbs announced: “Shoutout to Chase for shutting down Compass Mining accounts for doing our part to replace the old guard with self-sovereign, …
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Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) is trading at its biggest discount since the May BTC price crash. Data on Thursday confirms that as BTC/USD trades near $44,000, GBTC shares are over 16.5% below the spot price. Analyst: Grayscale comeback “will take time” Grayscale, which has $42 billion in assets under management …
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Coinbase, the publicly traded, third-largest crypto exchange in the world, has now expanded to the Japan market, it said in a release this morning. 🇯🇵BIG NEWS!🇯🇵 We’re excited to be launching Coinbase in Japan, one of the first countries to embrace crypto and one of the largest markets by crypto trading volume in the world. …
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In the aftermath of the Poly Network exploit, in which the attacker stole more than $600 million worth of crypto, just to return the biggest portion of the take, the network continues mitigating the damage and fixes its vulnerabilities, while continuing a dialogue with the responsive hacker. The exploited cross-chain bridging protocol that enables flexible …
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Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it …
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The Central Bank of Nigeria (CBN) reportedly frozen bank accounts belonging to four fintech firms for up to 180 days after a Federal High Court in Abuja acceded to an “ex parte motion.” The ex parte motion, which is a form of temporary suspension, was granted after a Nigerian chief, Micheal Kaase Aondoakaa, filed the …
Digital currencies have seen significant gains in 2021 jumping 154% in value since January 1. On August 18, Cryptovantage published a study that shows 3 in 4 crypto investors said they had made money on their crypto holdings and cryptocurrencies represent 12% of the average millennial portfolio. 3 in 4 Digital Currency Investors Have Profited …
Leading US-based cryptocurrency exchange Coinbase announced it will launch operations in Japan yesterday. The exchange will be partnering with Mitsubishi UFJ Financial Group (MUFG), a banking institution with more than 40 million customers, to make it easy for residents of Japan to purchase and sell cryptocurrencies. Coinbase Launches in Japan Coinbase, one of the leading …
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PRESS RELEASE. Singapore – Following the much-awaited launch of the world’s first and only insured (POSI) DeFi token on PancakeSwap, iBG users can now expect the roll-out of yield farming, which will give every member of the community more opportunities at maintaining liquidity and scaling their wealth. Decentralized Finance (DeFi) has created a surge of …
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Whales moved nearly $1 billion in Ethereum (ETH) across 15 separate transactions during Tuesday and Wednesday, according to the crypto tracker Whale Alert. After pumping to more than $3,320 in price at various points over the weekend, ETH has since tumbled down to a price of $2,988 at time of writing, according to CoinGecko. The …
