Deutsche Bank: Attempts to Implement Digital Currencies May Lead to Social Tensions
One of the largest banks in Germany published a report on the prospects and risks of digital currencies issued by central banks. According to the bank's experts, CBDC will reduce the level of privacy of payments and may lead to social unrest.
US Department of Justice opens criminal case against BitMEX
The US Attorney's Office opened a criminal case against the founders and heads of the BitMEX crypto exchange. The US Trading Futures Commission also accuses BitMEX of violating various AML and bank secrecy laws.
Chainalysis wins US IRS tender to hack Monero network
The IRS named the winners of the tender for a solution for tracking transactions in cryptocurrency networks with increased privacy. These are the Texas-based company Integra FEC and Chainalysis known for its collaboration with American government agencies.
Clover42: Detonating Prediction Market Track
Prediction Market has always been a tepid track in the DeFi world.
Research Shows Rapid Growth in Demand for Stablecoins
Since the beginning of 2020, the number of Tether addresses with a positive balance tripled, and the emission of all stablecoins taken together exceeded $20 billion.
Hackers stole $150 million in cryptocurrencies from KuCoin
On September 26, cybercriminals attacked KuCoin and managed to withdraw $150 million in cryptocurrencies from it. The exchange promised to reimburse damages from the company's fund.
OneCoin investors accuse BNY Mellon of complicity
Investors in the OneCoin Ponzi scheme, whose operations harm allegedly exceeds $4 billion, claim that the US-based bank BNY Mellon provided financial services to fraudsters.
Russia reportedly to introduce mandatory declaration of cryptocurrency
The Russian Ministry of Finance drafted laws to regulate cryptocurrencies and counter money laundering through digital assets. It proposes to introduce criminal liability for the lack of declaring cryptocurrencies.
Opinion: DeFi rush differs from ICO bubble
Cameron Winklevoss, co-founder of Gemini cryptocurrency exchange, expressed disagreement with the widespread opinion that the DeFi market boom is similar to that one of ICOs in 2017. According to him, unlike ICO projects, DeFi protocols are already working.
Research: 40% of yield farmers are unable to assess risks of investments
According to CoinGecko, more than a third of DeFi users involved in yield farming do not know how to read smart contracts and assess the risks associated with them. This is fraught with loss of investment in the future.
Bithumb reportedly put up for sale for $600 million
South Korean largest cryptocurrency exchange Bithumb is reportedly on sale again. The deal could be worth $600 million.
Tether capitalization exceeds $15 billion
The number of issued USDT stablecoins exceeded 15.1 billion. Their number barely exceeded 4 billion just a year ago.
Cryptocurrency and derivatives exchange Phemex listed 7 new perpetual contract trading pairs
Cryptocurrency and derivatives exchange Phemex just listed 7 new perpetual contract trading pairs: ADA/USD, ALGO/USD, COMP/USD, DOT/USD, LEND/USD, YFI/USD, BCH/USD.
Uniswap issues governance tokens
The decentralized exchange Uniswap, which recently surpassed Coinbase in trading volume, launched its own governance token under the ticker UNI.
Analytics: Bitcoin positive mentions in social networks are at all-time low
Metrics reflecting the sentiment of cryptocurrency investors are at the lowest level. This may indicate the prevalence of negative moods and long stagnation on the cryptocurrency market.
FORSAGE.IO Arrives On TRON Blockchain
In August the commission fees on the Ethereum blockchain hit an all-time high – transaction cost surpassed $10, some users report seeing a figure of $200 and even $400, while transaction speed slowed down to hours and even days.
