Atomic swaps tool Komodo has released a new version of AtomicDEX, a non-custodial multi-coin wallet and atomic swap-powered DEX rolled into one app, featuring the industry’s first non-custodial, AMM-free 1:1 bridge. The DEX allows holders and traders to have the same asset on two or more protocols (e.g. BEP-20 AAVE and ERC-20 AAVE), with the …
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Bifrost users can now earn vsKSM tokens on the DeFi protocol to earn yields and generate revenues on their staked assets, CryptoSlate learned in a release shared today. A Kusama-based parachain designed for staking’s liquidity, DeFi for staking and liquidity, Bifrost users get their vToken and staking rewards if they use services on the decentralized …
Continue reading “vsKSM (Kusama) farming is live on Bifrost. Here’s how to get started”
The director of Tehran’s Stock Exchange has resigned from his post following the discovery of cryptocurrency mining rigs in his organization’s basement. The scandal has erupted as licensed crypto miners in Iran are reportedly resuming operations amid fears of new restrictions in the winter. Iran Stock Exchange CEO Loses Job for Illegal Crypto Mining Under …
The Monetary Authority of Singapore (MAS), the country’s central bank, has formally approved two companies to provide crypto services. One is the brokerage arm of DBS, the largest bank in Singapore and Southeast Asia. The other is Independent Reserve, a crypto exchange and OTC trading desk. Singapore’s Central Bank Formally Approves DBS and Independent Reserve …
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press release PRESS RELEASE. Bitcoin of America (BOA) is a popular virtual currency exchange, headquartered in Chicago, IL. They are known for their extensive number of Bitcoin ATM locations across the United States. Bitcoin of America’s CEO, Sonny Meraban, and Director of Marketing, Jenna Polinsky, have been featured on air at WGN Radio over the …
Egyptian banks are reportedly on course to launch a $69.6 million fund which is earmarked to support the country’s fintech companies. According to a report, this fund is expected primarily to target the digital banking and financial services sector. Fintech Apps Targeted Fintech apps that can extend banking and financial services to all segments of …
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Solana-based NFT project Iconics appears to have pulled off a rug pull, defrauding unsuspecting investors of over $130,000. Iconics NFT rug pull gets 1000 SOL The project was the brainchild of an unidentified 17-years-old 3D digital artist, who failed to deliver on his promise and disappeared with investor’s funds. Iconics were supposed to be 8,000 …
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Chainlink price feeds would be used to power DeFi services on JPEG’d, a lending protocol that enables NFT holders an opportunity to obtain credit on their assets while still retaining ownership of them. Chainlink oracle networks provide smart contracts with a way to reliably connect to any external API and leverage secure off-chain computations for …
Continue reading “CryptoPunks as Collateral? How Chainlink and JPEG’d are doing just that”
The central bank of New Zealand has lined up among monetary authorities exploring the question of issuing their own digital currencies. The financial regulator is now seeking feedback from the public about the need for a digital form of the national fiat while also promising to preserve cash. New Zealand Central Bank Considers Risks and …
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Bitbay has become a fully licensed cryptocurrency exchange in Estonia which introduced stricter rules for the industry last year. The European trading platform has recently passed an independent audit that confirmed its “solvency, security and fiscal responsibility.” Audit Examines AML and KYC Procedures at Bitbay Bitbay, a leading crypto trading platform in Europe, is now …
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Dydx, a decentralized exchange, has seen its trading volumes explode in the last few days, surpassing other recognized decentralized exchanges like Uniswap and Pancakeswap. Some analysts have suggested this might be the result of the latest Chinese cryptocurrency ban causing China-based users to move their trading activities to these platforms. Dydx Bursts With Activity Dydx, …
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In between the doom and gloom, there are indicators pointing to this new regulatory reality as a potential setup for digital asset laws down the line. Regulatory Clarity Incoming On Sunday, September 26th, U.S. House of Representatives Speaker Nancy Pelosi stated with some degree of confidence that the $1 trillion infrastructure bill will finally pass …
Continue reading “Why is SEC Chairman Gary Gensler playing hardball with crypto?”
Compound Finance rolled out Proposal #62 on Wednesday to implement “Dynamic COMP reward distribution,” and patch a number of minor bugs. However, soon after executing the upgrade, Compound Labs reported “unusual activity,” resulting in some users being able to claim more $COMP tokens than allowable. 🚨 Unusual activity has been reported regarding the distribution of …
Continue reading “How the tiniest of errors resulted in an $80 million loss for Compound Finance”
sponsored Following the announcement of a few days ago, the decentralized multiverse platform OVR, which unites the physical and virtual worlds through Augmented Reality, has launched “The ARwards” contest open to all creators who are looking for an opportunity to gain wide visibility and possibly win interesting prizes. First of all, The ARwards is completely …
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Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well. Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network The popular crypto asset dogecoin (DOGE) has gained a whopping …
