CoinmarketCap has launched a new token swap feature Uniswap will be the first decentralized exchange integrated by CoinmarketCap for token swaps on Ethereum Wallets supported by Uniswap will be available for users of the Coinmarketcap Tokens Swaps CoinmarketCap aims at having token swaps for every blockchain network and token The popular decentralized exchange of Uniswap …
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Global banking giant HSBC has announced that it has been successfully onboarded to the regional Know-Your-Customer (KYC)-focused private blockchain backed by Dubai’s government. HSBC is the first overseas, and fourth founding member, to go live on the “UAE KYC Blockchain Platform,” which was developed by the Dubai-based Department of Economic Development, dubbed “Dubai Economy.” The …
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U.S. Senator and Bitcoin proponent, Cynthia Lummis, would like to see U.S. residents turn to Bitcoin as part of a diversified strategy for their retirement plans. Speaking during the CNBC Financial Advisor Summit on June 29, Senator Lummis stated she would like to see Bitcoin and other crypto-assets become a normal part of diversified asset …
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Top U.S.-based centralized crypto exchange, Coinbase, has announced plans to launch a crypto app store offering third-party developed products. A June 30 blog post penned by Coinbase CEO Brian Armstrong revealed its plans for an app store, stating that while “the crypto economy is still in its early stages, […] it is clear that every …
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As the crypto crackdown continues in Britain, another high street bank has intensified its efforts to curtail its customers’ use of digital assets. The Natwest Group has reportedly capped the daily amount its customers can send to cryptocurrency exchanges due to concerns over investment scams and fraud, according to a June 29 report from Reuters. However, …
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The buzzing world of Decentralized Finance (DeFi) has racked up its fair share of brickbats and bouquets ever since rising to popularity in 2020. It broadly refers to non-custodial, peer-to-peer financial services built on smart contract-enabled protocols, usually for services like lending, flash loans, trading, insurance, and many others. But with the innovations comes the …
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Avast Antivirus (AA) has turned up a newly discovered Monero mining malware, which they call “Crackonosh.” Crackonosh is distributed as a trojan with cracked software. It searches for and disables many popular antivirus programs as part of its anti-detection and anti-forensics tactics. Monero is said to be the top choice for cybercriminals looking to hijack …
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FTX Trading Limited has announced the company has partnered with seven-time Super Bowl Champion Tom Brady and Brazilian model Gisele Bündchen in a long-term deal. Both celebrities will have an equity stake in FTX and receive payments in crypto, the announcement explains. The NFL star Brady will serve as the ambassador for FTX, while the …
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A growing number of crypto firms in the U.K. are withdrawing their applications to register with the Financial Conduct Authority (FCA). Around 64 firms have already withdrawn their applications and will not be able to operate in the U.K. The list of cryptocurrency companies abandoning their attempts to register with the U.K.’s financial regulator is …
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Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance secretary, and the National Banking and Securities Commission (CNBV) said in a joint statement Monday that crypto …
All cryptocurrency exchanges in South Korea except the largest four may be unable to meet the bank account requirements needed to stay in business. A number of Korean crypto exchanges are considering suing the government and financial authorities, claiming that the country’s crypto law is unconstitutional. A number of exchanges are currently considering filing a …
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Bill Foster, Democratic Representative and co-chair of the Congressional blockchain caucus, has called for a regulatory framework that would enable third parties to reverse fraudulent or criminal transactions. Foster is a physicist and a Democratic Rep for Illinois. The blockchain caucus is co-chaired by Democratic Rep Darren Soto, and Republican Reps Tom Emmer and David …
A closely-followed trader and analyst who twice pinpointed local tops in Bitcoin is outlining when we may see a second collapse in the world’s biggest crypto asset. The pseudonymous analyst known as Dave the Wave tells his 67,500 followers that Bitcoin is lacking strength as it trades within the range between $30,000 and $40,000. According …
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The world’s largest inter-dealer broker, TP ICAP, says it’s launching a new crypto trading platform to meet a surge in demand. Founded in 2004, the London-based provider of market infrastructure acts as an over-the-counter intermediary between banks and investment houses in the daily trading of currencies, interest rate swaps, commodities, shares, and bonds. ADVERTISEMENT …
Bitcoin’s reliance on large-scale mining infrastructure and geographic concentration has been thrown into sharp relief by China’s recent mining crackdown. In May, China announced that it would be getting tough on crypto mining and trading as a response to financial risks. The nation’s crackdown on crypto is not new, rather it’s a reiteration of previous …
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