A South Florida resident has been arrested for his alleged involvement in a money-laundering scheme that sought to bribe government officials in Venezuela. According to the U.S. Department of Justice (DOJ), 59-year-old Naman Wakil, who is a Syrian national and a permanent US resident, allegedly played a role in bribing officials of Venezuela’s state-owned food …
Yearly archives: 2021
Teller Finance deploys mainnet on Polygon, migrates 2,200 NFTs
Teller Finance, a non-collateral lending protocol for the DeFi market, has officially deployed its mainnet on Polygon, marking a significant milestone in its quest to offer scalable, user-friendly solutions. With the launch of Teller’s Polygon mainnet, users can begin making deposits and funding liquidity pools immediately, the company disclosed Tuesday. The Teller protocol continues to …
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Every dog has its day: Dogecoin and Shiba Inu fetch 50% gains as altcoins rally
Momentum the wider cryptocurrency market appears to be on the upswing this week after bulls pushed Bitcoin price to the $46,700 and Ether price to $3,150 on Aug 9. The growing optimism has also translated into a bounce in dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), which have both seen their prices rise by …
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5G blockchain company raises $111M in Andreessen-led token sale
Helium Inc., a provider of decentralized wireless infrastructure, has concluded a $111 million token sale led by some of the biggest venture firms in the blockchain industry. The sale, which centered around Helium’s native token, HNT, was scooped up by several venture capital firms, including Andreessen Horowitz. Alameda Research, Multicoin Capital and Ribbit Capital also …
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BREAKING: BitMEX will pay $100M in penalties to FinCEN, CFTC
Crypto derivatives exchange BitMEX has agreed to pay up to $100 million to resolve a case from the United States Commodity Futures Trading Commission, or CFTC, and the Financial Crimes Enforcement Network, or FinCEN. In a Tuesday announcement, the Commodity Futures Trading Commission said the U.S. District Court for the Southern District of New York had …
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BENQI and Avalanche Launch $3 Million Liquidity Mining Initiative To Accelerate DeFi Growth
August 10, 2021 – New York, New York BENQI, an algorithmic liquidity market protocol, and the Avalanche Foundation are collaborating on a joint liquidity mining program to celebrate the launch of the BENQI protocol on August 19, 2021 and the next phase of growth within Avalanche’s DeFi ecosystem. Three million dollars of AVAX will be …
Hedge Fund Titan Ray Dalio Makes Easy Decision Between Gold and Bitcoin
Ray Dalio, the founder of the biggest hedge fund in the world, says that if forced to choose between gold and Bitcoin, he wouldn’t be torn on the decision. ADVERTISEMENT Speaking to CNBC, the former Bridgewater Associates chief says that if he had to pick only one, he would choose gold. “If you put …
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With More Than 8,000 People Gathered, What Did We Learn From the 2021 World Blockchain Conference?
On July 24-25, the 2021 World Blockchain Conference · Hangzhou, hosted by Hangzhou Shichuo Information Technology Co., Ltd. (8BTC) and supported by Hangzhou Future Science and Technology City Management Committee, was successfully held in Hangzhou Future Science and Technology City. This is the largest blockchain industry summit ever held in Hangzhou. The conference invited over a …
Biconomy’s Hyphen enables low-cost transfers between Ethereum and Polychain
Multichain infrastructure network Biconomy has formally launched its Hyphen mainnet, setting the stage for instant low-cost token transfers across blockchains like Ethereum and Polygon. With the launch of Hyphen, users can make near-instantaneous USD Coin (USDC) transfers between Ethereum and Polygon rather than waiting 30 minutes or hours, as is currently the case with transfers. Biconomy …
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Cardano faces $1.60 resistance after ADA price hits 2-month highs
Cardano’s ADA token came close to its highest in two months on Aug. 10 as daily gains neared 6%. Data from Cointelegraph Markets Pro and TradingView showed ADA/USD challenging resistance to reach $1.59 — its highest since June 15. Cardano bulls battle $1.60 One of the top performers in the top fifty cryptocurrencies by market …
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Status plans to incentivize node operators for decentralized messaging protocol
Ethereum-based project Status has started an incentivization program for node operators around its decentralized peer-to-peer messaging protocol, Waku. In an announcement today, Status said it would be rolling out the first phase of a program to encourage people to set up and run nodes used by Waku, a private messenger based on the Whisper protocol. …
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Hackers stole at least $600M in Poly exploit across three chains
In what may be the largest attack in decentralized finance (DeFi), unknown hackers used an exploit on cross-chain protocol Poly Network to remove at least $610 million from three chains. According to a Tuesday update on Twitter, Poly Network said the attacks had removed assets from Binance Chain, Ethereum and the Polygon network. Blockchain data …
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Ethereum Price Rallies After London Hard Fork Upgrade, ADA, LTC, AAVE, Aug. 9
ETH London upgrade could cut energy usage 99%. LTC gets another exchange-traded product. ADA to list on Japanese exchange. AAVE leads defi. ETH The Ethereum price has rallied strongly in the last two weeks after the project completed the London hard fork upgrade. The latest improvement to the blockchain is part of the highly-anticipated move …
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Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill
In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provision Ted Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto …
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American Cinema giant AMC is now accepting Bitcoin (BTC)
American Cinema giant AMC is now accepting Bitcoin (BTC) | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › U.S. › Adoption The largest cinema operator in the world has revealed its plan to begin accepting Bitcoin as a valid payment method for its …
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