Interoperable DeFi platforms can help with Ethereum’s high transaction fees. The team behind RSK, a smart-contract-enabled sidechain extension for Bitcoin, announced Tuesday that Maker’s Dai stablecoin is now available on the platform. The integration makes it possible to transfer Dai…
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Rise of the Underdog, Securypto Takes off as Investors Scramble To Get on Board
The time of ICO’s seems behind us and many blockchain projects have fallen off the grid but one particular project seems not only to have survived but even thrived during these times. Securypto focuses on safe and truly anonymous exchange…
Indian Police Investigate 3 Companies Running a Crypto Ponzi Scheme, CEO Charged
Three companies allegedly running a large-scale cryptocurrency Ponzi scheme are being investigated by Indian police. The scheme promises extraordinary returns to investors. The police have registered a case against the alleged CEO of the companies. Large-Scale Indian Crypto Ponzi Scheme…
$1 Bitcoin investment beats gold and stocks despite 2020 gains
2020 is no exception to the rule that putting $1 into Bitcoin nets investors more than traditional assets. Bitcoin (BTC) still beats gold as an investment in 2020 despite the precious metal generating its biggest returns in a decade. In…
DBS and Standard Chartered to launch blockchain platform to curb trade finance fraud
DBS and Standard Chartered will soon launch a trade finance platform for central banks worldwide. The Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance Registry. The…
Port of Rotterdam testing blockchain and AI for renewables trading
The Port of Rotterdam’s Innovation Dock has been testing a high frequency decentralized energy market for renewables since August 2020. The Port of Rotterdam’s blockchain subsidiary, Blocklab, has been trialing a decentralized electricity trading system to help lower costs and…
Binance unlikely to enter Japan in 2020 after negotiations fail
A spokesperson for Tao Tao said it “could not agree on a strategy” with Binance. Japan-based digital asset trading platform Tao Tao ended negotiations with Binance, setting back the timeline for the crypto exchange to launch trading services for users…
UK’s FCA bans retail crypto derivatives after year-long consideration
CoinShares’ pleas last year went unheard as crypto futures and ETNs will be soon banned. In a landmark decision issued on Tuesday by the U.K.’s Financial Conduct Authority, companies in the country will no longer be able to offer cryptocurrency…
John McAfee Arrested, Indicted for $23 Million Illegal Crypto Pumping and Tax Evasion in US
John McAfee has been arrested and indicted for tax evasion, the U.S. Department of Justice announced. The cybersecurity entrepreneur has also been charged with fraudulently pumping cryptocurrencies by the U.S. Securities and Exchange Commission. McAfee Fraudulently Pumped Tokens The U.S.…
New Bitcoin addresses hit two-year high after China advertises crypto
Data shows 22,000 new entities created in a single day as one analyst suggests the added volume will translate to price gains. China may be behind a large spike in new Bitcoin (BTC) addresses as authorities launch a “targeted marketing…