While the digital dollar advocates stress benefits of this new form of money, Duke University Visiting Professor of Law Nakita Cuttino urges to be more critical. “Congress must critically review innovations like CBDCs [central bank digital currencies] and stablecoins to ensure novel forms do not belie true functions,” the professor said in a pre-written testimony…
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CEL, the native token of crypto lending and savings platform Celsius Network, has continued its exponential rise in price this week, gaining more than 50% in price over the past 7 days alone, and standing out as today’s best-performing asset among the top 50 cryptoassets by market capitalization. As of press time (08:38 UTC), the…
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Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: Balancer (BAL) Binance Listings: DigiByte Read more »Pay, Trade, Buy Bitcoin…
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COMP spot trading against USDT started at 6 AM UTC today. Cryptocurrency exchange OKEx have just listed Compound’s COMP token for trade. COMP is the native token of Compound — a DeFi protocol that allows its users to earn interest on deposits or lend cryptocurrencies. Lending and borrowing on Compound are managed through a decentralized…
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Following the last week’s large drop, crypto market sentiment score (sentscore) barely moved over the course of the past seven days. The combined moving 7-day average sentscore for the top 10 coins slipped from 4.97 reported last week to 4.92/10 this time around, according to crypto market sentiment analysis tool Omenics. Unlike the previous two…
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Decentralized finance (DeFi) liquidity providing platform Balancer was hacked today, reportedly with USD 500,000 worth of crypto stolen. Following several reports online, Balancer confirmed that on June 29 an incident occurred, affecting two pools containing transfer fees, known as deflationary tokens. Their report provided steps for how this was done, entailing taking a Read more…
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Source: Instagram, Binance Major crypto exchange Binance has resumed trading after completing its “largest upgrade to date,” which according to the exchange’s CEO, Changpeng Zhao, included switching the trade matching engine to a new programming language, essentially re-writing all code in the process. “Readying for the next wave,” the CEO said on Sunday. The system…
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Authorities in Thailand are determined to hunt down the country’s well-hidden drug lords by going after everything from gold shops to oil, construction firms – and cryptocurrency, a new report by news agency AFP claims. According to the report, it is the recent downfall of a large meth syndicate, which allegedly laundered tens of millions…
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Telegram boss Pavel Durov says he has paid back some USD 1.2 billion to investors in the now-abandoned Telegram Open Network (TON) blockchain platform after an out-of-court settlement with the United States regulatory body the Securities and Exchanges Commission (SEC). Investors had stumped up a total of USD 1.7 billion ahead on an initial coin…
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South Korea could be about to see its most affluent player yet enter the crypto fray – with business group Hyundai reportedly on the verge of releasing a range of cryptocurrency-related services. The company, most famous internationally for its carmaking, shipbuilding, construction and shipping arms, has been channeling its blockchain and crypto efforts through its…
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