Industrialists for the industry: new exchange service from the experienced cryptoplayers
The recent revival of the crypto market overrides the negative forecasts describing the death of crypto. Moreover, COVID-19 pandemic and the related economic downturn increases the investor’s attention to the coins. Many market players consider cryptocurrencies as an alternative investment asset, similar to gold or commodities. For those who operate on the cryptomarket and change one type of coin to another or fiat currency, Godex.io offers the exchange service.
Research: $1.4 billion in bitcoin laundered through crypto exchanges in 2020
In just six months, 147,000 bitcoins were laundered through cryptocurrency exchanges, including such large platforms as Binance and Huobi, according to one study.
Bitfinex CTO: Bitcoin volatility declines due to increased high-frequency trading
The volatility of bitcoin in the 30-day period decreased to 20%. This may be due to an increase in the number of high-frequency trading players.
Twitter accounts of Coinbase, Binance CEO and Elon Musk hacked
Scammers organized a large-scale attack on Twitter, hacking the accounts of many cryptocurrency companies, their leaders, as well as those ones of Elon Musk and Bill Gates. Criminals are trying to make money on fake bitcoin distribution.
Research: there are 28 custodial crypto services for institutional investors in the world
The market digital asset storage services is undergoing a transformational shift. Currently, there are 28 custodian services in the world, 22 of them launched since 2017.
Capitalization of ERC20 tokens bypasses Ethereum
Tokens built on the Ethereum blockchain are now worth more than Ethereum itself mainly due to the DeFi boom.
FATF: stablecoins can be used to launder money
The international Financial Action Task Force announced it sees high risks of using stablecoins in money laundering and terrorist financing. FATF calls for stronger industry regulation.
Media: Coinbase plans to go public in 2020
One of the largest cryptocurrency exchanges Coinbase plans to run an IPO in 2020. It will be the first US-based cryptocurrency exchange to be traded publicly.
Opinion: control over centralized stablecoins will be tightened
Over time, global regulators will require tighter control over the movement of centralized stablecoins, said Linda Xie, co-founder of Scalar Capital. There are almost 40 addresses on the Tether blacklist, and USDC has one.
DeFi market follows path of ICO bubble
DeFi projects keep frozen record $2.02 billion. In less than half a year, this figure has doubled. According to analysts, the market situation for DeFi projects resembles an ICO bubble.
ENCRY FOUNDATION Technology and Innovation Director Andrei Chmora will give speech at Digital Summit 2020
The Digital Summit 2020 conference is dedicated to 8 cornerstones of the digital economy: mining, DAO, exchanges, venture investments, development, projects, sales and marketing in cryptocurrency projects.
Opinion: it will be difficult for digital renminbi to displace Tether in Asian markets
The digital yuan, designed by People’s Bank of China, is unlikely to become more popular than USDT in Asian markets, an expert from Genesis Block believes.
FORSAGE Members Made Over US $48M Already
Decentralized marketing – a revolutionary technology based on smart contracts that guarantee reliability and transparency.
Media: China's largest bitcoin investor Zhao Dong allegedly arrested
According to Chinese media reports, the country's largest bitcoin investor, Zhao Dong, was detained by police. The arrest occurred against the backdrop of reports of massive lock-ups in Chinese banks of user accounts suspected of working with cryptocurrencies.
Progressive crypto exchange platform
I learned about the crbcrypto.io project recently, but I was pleasantly surprised by the convenience and capabilities of this platform.
LocalBitcoins loses market leadership to Paxful
Paxful, a peer-to-peer platform for buying and selling cryptocurrency, for the first time outperformed LocalBitcoins in terms of transaction volume. This was facilitated by tighter identification requirements and ban on cash transactions at LocalBitcoins.
