Singapore — August 17th – Lido Finance, a giant in the Ethereum staking world, will be enhancing liquidity on Polygon with KyberSwap Elastic. Lido Finance is the largest platform for liquid staking services on Ethereum. Powering DeFi and CeFi applications alike with their technology, Lido Finance empowers stakers to put their staked assets to use…
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South Korean police have been given experimental new powers that allow them to seize crypto from people who refuse to pay fines – and have already taken tokens from a citizen who failed to pay a traffic fine…. Read More: Pay Your Traffic Fines or We’ll Confiscate Your Crypto – S Korean Police Pilot Grants…
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Some forms of cryptocurrency-based crime, including hacking and theft of funds, have so far increased in occurrence this year, but others, related to scams and darknet markets, have declined more than the market overall, according to a recent report by blockchain analysis company Chainalysis…. Read More: Crypto Hacking, Theft Rise This Year While Scams, Darknet…
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The blockchain protocol Antelope has taken what it describes as a “leap of freedom” and forked its protocol off development firm Block.one’s EOSIO platform and instead embraced the rival EOS Network Foundation…. Read More: Blockchain Protocol Antelope Takes ‘Leap of Freedom’ as it Forks Of EOSIO; EOS Jumps Read more »Pay, Trade, Buy Bitcoin with…
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Major crypto exchange Coinbase faces a new class action suit alleging the company unauthorizedly transfers and freezes funds and locks consumers out of their accounts for extended periods. Meanwhile, the US Internal Revenue Service (IRS) has been granted permission to look into the customers of crypto prime dealer SFOX Inc., while the US Securities and…
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Bitcoin price struggled to stay above the USD 24,000 level. BTC is currently (11:20 UTC) moving lower and approaching the USD 23,500 support. A clear move below USD 23,500 might spark a sharp decline. Besides, most major altcoins are slowly moving lower. ETH is approaching the USD 1,850 support zone. XRP failed to retain gains…
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CeDeFi is a new financial system that combines centralized and decentralized systems. It provides privacy, reduced fees and ease of use. What are the disadvantages of CeDeFi? Currently, CeDeFi’s main downside is the high learning curve associated with its protocols because of their complexity. The concept is still young, and more intuitive and user-friendly interfaces…
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The PoW hard fork of Ethereum is being propagated by a set of miners, but many experts believe that the chances of it succeeding is very low. Ethereum (ETH) is all set to transition to a proof-of-stake (PoS) network by Sept. 15-16 that would see an end to its current proof-of-work (PoW) chain. This event would eliminate…
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A national digital currency would help curb tax evasion in Colombia, which is estimated at up to 8% of GDP, the head of Colombia’s tax and customs agency said. Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national digital currency…
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EOS attempts to become a fully decentralized network following a key hard fork in September. EOS rose approximately 20% to reach $1.66 on Aug. 17 and was on track to log its best daily performance since May 2021. Initially, the EOS rally came in the wake of its positive correlation with top-ranking cryptocurrencies like Bitcoin (BTC)…
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