DeFi, which is also known as “decentralized finance,” has been included in an increasing wave of business promotions in 2020, Bloomberg reported. An operating system that has been active for a minimum of three years, Tron, recently issued a DeFi token. Tao Network has been...
Singapore’s Qume is seeing an influx of new customers in the wake of the charges from the U.S. against BitMEX, CoinDesk writes. CEO Aditya Mishra said the company has seen around 2,000 customer sign-ups in the last week or so as almost 30 percent of...
Bitcoin continued its upward trend over the weekend with prices near $11,500, according to CoinDesk, with the spike likely tied to the possibility of more U.S. stimulus funds. That’s the first time in a month the price has been that high, CoinDesk writes, with the...
LINE’s digital exchange operator and blockchain division LVC is rolling out a way for users to loan out digital assets to BITMAX, such as ethereum and bitcoin, CoinDesk reported. Multiple cryptocurrencies, including ethereum, bitcoin, litecoin, XRP and bitcoin cash, can be lent via the offering,...
With transactions that become irreversible almost instantaneously, bitcoin and other cryptocurrencies are winning new converts — among scammers eager to avoid credit card chargebacks that can eat into their ill-gotten gains. MyChargeBack Vice President Michael Cohen told Cointelegraph that scammers are increasingly trying to dupe victims into...
Britain’s Financial Conduct Authority (FCA) has prohibited the sale of digital currency derivatives to retail investors, according to a Tuesday (Oct. 6) press release. The watchdog said it released “final rules” prohibiting derivatives and exchange traded notes (ETNs) from being sold that reference particular versions...
The U.S. Securities and Exchange Commission (SEC) charged John McAfee for allegedly touting investments in initial coin offerings (ICOs) to Twitter followers without saying that he received payment for doing so, according to a press release. The computer coder and businessperson’s bodyguard, Jimmy Watson Jr.,...
After 180 days of volatility, bitcoin dropped to its lowest mark since November 2018, according to CoinDesk. The cryptocurrency reached a 23-month low of 0.028 on Sunday (Oct. 4), though the market was mostly unfazed by the tumultuous current events of recent days. Though bitcoin...
BitMEX’s founders and its first employee were charged with contravening the Bank Secrecy Act and conspiring to violate the act, according to a Thursday (Oct. 1) press release from the U.S. Department of Justice (DOJ). The DOJ said BitMEX long handled and sought business from...
