Category Archives: Crypto News

Ethereum May Not Be Perfect, but Most DApps Still Like to Run With It

Security, a viable business model and an active community: why the majority of DApp developers still opt for the Ethereum blockchain. Years on and dozens of experiments later, Ethereum still remains the number one choice among developers of decentralized applications for deploying their products and services. The “2020 Q1 Dapp Market Report” published by Dapp.com clearly demonstrates the ongoing trend, as the statistics show that 635 DApps, or roughly half of all functioning DApps on the market, are based on the Ethereum network with 616,369 active users.  […]

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Micree Zhan Reportedly Used Private Guards to Physically Take Over Bitmain

Reports indicate that Micree Zhan obtained a significant victory as he led a team of guards into Bitmain’s Beijing office to establish himself as its legal representative. The power struggle inside Bitmain appears to have greatly intensified between June 3 and 4, as reports circulated that Micree Zhan hired guards to take over the company’s Beijing office. According to Chinese publication BlockBeats, former CEO Micree Zhan led a team of “Bao Ans,” or private guards, to physically take over Bitmain’s office in Beijing on June 3.  The […]

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Licensed Malaysian Crypto Exchange Integrates Market Surveillance System

As part of its license application process from the local regulator, Malaysian crypto exchange Tokenize integrated an external market surveillance system. Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs.  The firm says this will help the exchange achieve Wall Street-grade market surveillance standards. The solutions provided by Solidus Labs will use machine learning to read thousands of factors including trading behaviors and market conditions to detect activities that must be reviewed. […]

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Startup to Launch Blockchain-Based Investment Platform for Music Royalties

Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties. Luxembourg-based startup ANote Music will launch a blockchain-based platform that allows its users to invest in music royalties on July 28. In an announcement on June 4, CEO and co-founder at ANote Music Marzio Schena said that the platform aims to “bridge the gap between the music industry and capital markets.” The platform reportedly helps artists, record labels, publishers, and songwriters become financially independent by allowing them to access […]

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Crypto-Powered Brave Browser Reaches Over 15 Million Monthly Active Users

Cryptocurrency-powered web browser Brave Browser announced that its monthly active user count increased 125% over the past year. Brave Browser, a cryptocurrency-powered web browser, announced that its monthly active user count increased 125% over the past year. According to a June 1 announcement, Brave Browser’s monthly active users reached 15.4 million by the end of May. Daily active users, on the other hand, reached 5.3 million after increasing by 165% over the past year. According to May data only about 12.32% of Brave Browser’s total users use […]

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Bitcoin Is a Paradigm Shift Beyond Wall Street

A former Goldman Sachs vice president of investment banking: “We should be glad that traditional Wall Street hasn’t come around to embrace crypto yet.â€� When the Goldman Sachs report came out dismissing Bitcoin’s status as an asset class, there was significant backlash from the crypto community. This is understandable, as for those building in crypto, the points against Bitcoin didn’t make sense.  For nearly a decade of my career, I was a banker at Goldman, but decided to leave Wall Street to join an incredible group of […]

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Vega Launches Market Maker Program Before Public Testnet

Vega, a DeFi protocol for creating decentralized derivatives markets, has launched a program providing early platform access to liquidity providers. Decentralized finance (DeFi) protocol Vega has launched a program to grant market makers early-access to the platform ahead of its public test-net launch. Vega comprises a Proof-of-Stake protocol that facilitates the creation of leveraged financial products. Vega’s “Liquidity and Market Maker Programme” has already attracted liquidity providers based in the United States, Israel, Singapore, Australia and Switzerland. Market makers given early access to Vega The startup believes […]

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Delta Cryptocurrency Exchange Launches Interest Rate Swaps

The Singapore-based crypto exchange is launching interest rate swaps that allow traders to speculate on the rates themselves. Singapore-based Delta Exchange has announced the launch of interest rate swaps (IRS) on DeFi rates, flash rates on Bitfinex, and interest rates on the BitMEX perpetual swap, starting today. According to the company, Delta will soon launch IRS for USD Coint (USDC) lending rates on Compound Finance and Dai (DAI) lending rates on Compound Finance at 50x leverage. As the name suggests, an interest rate swap is a forward […]

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Indian P2P Bitcoin Trading Flourishes Amid Regulatory Warming

Peer-to-peer Bitcoin trading is surging in India, with P2P crypto marketplace Paxful reporting significant increases in Indian volume and account registration. Peer-to-peer Bitcoin (BTC) marketplace Paxful has reported significant increases in Indian trade volume as the country’s regulatory climate warms to crypto. Speaking to Cointelegraph, Paxful CEO Ray Youssef revealed that monthly new user signups have increased by 28%, adding that Paxful’s community on Telegram is approaching 10,000 members. The surge in sign-ups from Indian traders has followed the Supreme Court’s reversal of the Reserve Bank of […]

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‘Stack Sats’ Bitcoin Figure Tells Europe as ECB Prepares $1.5T Bailout

As the European Central Bank doubles its emergency asset purchase program, Bitcoin seems an ever stronger fiat opt-out. Another day, another trillion dollars — the European Central Bank (ECB) has announced it will double its coronavirus purchase program to €1.35 trillion to the dismay of Bitcoin (BTC) proponents.  In a press release on June 4, the ECB became the latest central bank to up its controversial response to coronavirus, adding €600 billion to the so-called pandemic emergency purchase programme (PEPP).  ECB: “flexible” asset purchases will continue Launched […]

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