Unbound Finance, a decentralized, cross-chain protocol that leverages the liquidity of the AMMs to increase the efficiency of the DeFi space by using the liquidity pool token (LPTs), revealed its plans for the months ahead in a note to CryptoSlate. Unbound so far The Ethereum-based protocol went live with its first testnet on 9th December …
Continue reading “Cross-chain DeFi tool Unbound Finance reveals roadmap for the months ahead”
Vitalik Buterin, a co-founder of Ethereum, in a recent interview has revealed his doubts about the plans Jack Dorsey and Mark Zuckerberg might be making about the crypto industry, as per a report on Bloomberg today. Dorsey and Zuckerberg’s crypto dream Dorsey, CEO of Square, recently revealed his plan for the leading digital asset, Bitcoin, …
Continue reading “Ethereum’s Vitalik Buterin isn’t sold on Dorsey’s Bitcoin plans”
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 …
Continue reading “The Poly Network hacker just got offered a job… by Poly Network”
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. …
Continue reading “Coinbase launches in crypto-friendly Japan”
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 …
Continue reading “Crypto Exchange Liquid Hacked, Loses Millions in Various Currencies”
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 …
Continue reading “Coinbase Partners With MUFG to Launch Operations in Japan”
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 …
Continue reading “iBG: The Insured (POSI) DeFi Token Begins Its Highly Anticipated Yield Farming”
Elon Musk fancies running a Dogecoin node in space (and teases Tesla’s Bitcoin adoption) Elon Musk‘s participation at ‘The B Word’ conference, an event hosted by the Crypto Council for Innovation, resonated loudly in mainstream media as well as on Twitter as the Tesla and SpaceX CEO revealed the makeup of his crypto reaches, gently …
Continue reading “Major US mortgage lender UWM to accept Bitcoin (BTC) payments”
Dogecoin may have started out as a joke poking fun at an industry that takes itself way too seriously. But 2021 has seen it morph into something quite serious. In part, this was driven by the dizzy heights it managed to reach in early May, when, for a brief moment, its near $90 billion market …
Continue reading “Dogecoin (DOGE) gets serious by bringing on Vitalik Buterin to its Foundation”
Global cryptocurrency exchange Binance has made regulatory compliance its top priority. The exchange is on a hiring spree to “significantly” add to its compliance and legal teams. “We are going through a pivot from a technology innovator into a financial services company, so we need to be fully compliant,” said the CEO of Binance. Binance’s …
Minneapolis Federal Reserve President Neel Kashkari says crypto is “95% fraud, hype, noise, and confusion.” He added, “I’ve not seen any use case other than funding illicit activities like drugs and prostitution.” Federal Reserve Bank of Minneapolis’ President Says Crypto Is ‘95% Fraud, Hype, Noise and Confusion’ Neel Kashkari, president of the Federal Reserve Bank …
On August 17, the decentralized exchange (dex) aggregator 1inch announced the platform will leverage the Layer 2 solution called optimistic rollups provided by the project Optimism. The collaboration with Optimism aims to “substantially increase transaction speeds and lower gas fees for 1inch users.” 1inch to Use the L2 Solution Optimistic Rollups via Optimism Gateway Ever …
Continue reading “Dex Aggregator 1inch to Utilize Ethereum Scaling Solution Optimism”
Leading Dutch football club, PSV Eindhoven is the latest football club to venture into the crypto space as the club has announced a new partnership with Anycoin Direct, which would see it become the first club in European football to have all of its sponsorship deal paid for using the flagship digital asset, Bitcoin. Dutch …
Continue reading “Dutch club PSV to receive entire sponsorship in Bitcoin (BTC)”
