BitMEX has vowed to fight back following accusations that the company was involved in illegitimate activities. BitMEX accused of fraud by CFTC Yesterday, the Commodity Futures Trading Commission (CFTC), a major regulator of US markets, accused the owners of the BitMEX exchange of illegally operating a cryptocurrency derivatives trading platform and violating anti-money laundering regulations. […]
With the latest news on Covid-19 infections dripping in this morning and even the US’s First Family now affected (which is dragging down stock markets and crypto altogether), it’s sometimes starts to look like the pandemic has been bad all across the board. However, for certain industry sectors it’s been nothing but a blessing. https://twitter.com/lvlewitinn/status/1311907361771204614 […]
One of the most famous predictions in tech was made back in the 1960s and is known as Moore’s law. At the time, computers were big and clumsy and Intel was only a small player on a market dominated by IBM. Apple and Microsoft hadn’t developed yet.Intel’s CEO and co-founder, Mr Gordon Moore, predicted that […]
Swipe, a subsidiary of Binance, announced the launch of a new VISA card. It will allow the use of DeFi protocols to borrow funds. Also read: Top 3 crypto debit cards of 2020 A Swipe card that combines DeFi and traditional finance The news was announced yesterday in a company statement. Swipe explains that the […]
Charles Hoskinson, CEO of Input Output HongKong and founder of Cardano, led the celebrations for the project’s third anniversary just as ADA retook the top ten position on CoinMarketCap and advanced 33% in a week.Discover where to buy Cardano.Republican favourI have always assumed that Charles’ rather pro-Republican, and thus pro-Trump stance of his tweets might hurt […]
In January, when Mashable broke the story about a thing called DeFi being some sort of lending mechanism for crypto, classic banks stood up and took notice. In May, when Bitcoin had it’s halving and broke through the $10,000 mark repeatedly, there was a whisper of safe haven. In July and August, when crypto had its […]
The DeFi bubble appears to be slowing down according to a report from analytical firm CoinMetrics. CoinMetrics revealed that 72% of the top 250 coins in the crypto market have declined in their value in the past week while it corresponds to 93% when extended to the monthly chart.The DeFi market has not been spared […]
Justin Sun, founder of Tron and CEO Of BitTorrent, reacted harshly after former employees of his released stories describing a toxic work atmosphere in several of his companies. In an open letter (on Medium) which was also shared in long email thread on his Twitter account, Justin claimed that:There is no merit to the false […]
With the industry of Bitcoins and all things DeFi keen on cleaning up its reputation, crypto enthusiasts worldwide are scrambling to seek where the stolen KuCoin funds are being moved to as the alleged hacker finds it more and more difficult to cash out.The old saga of a sort of Robin Hood who steals from […]
An ethical hacker has saved an Ethereum smart contract from losing close to $10 million in tokens. The hacker who goes by the name Samczsun helped to close a vulnerability on an Ethereum based DeFi lending platform Lien Finance.Bug in Lien FinanceSamczsun posted details about the incident on his blog and revealed how he was […]
