In addition to the Indian P2P market surging in recent months, the country’s DeFi sector has been gaining momentum. Even as fears of another blanket ban on India’s digital asset market linger on, peer-to-peer Bitcoin trading within the Asian powerhouse…
Kategorie: Crypto Flash News
Compound governance proposal seeks to end COMP yield farming craze
A Compound proposal could put a major dent in the profits for all yield farmers. A new Compound governance proposal from Gauntlet founder Tarun Chitra would see all future COMP token distributions locked in a vesting schedule. The proposal was…
House Dems request Trump admin. briefing on crypto seized from terrorists
The information will be used to develop regulation aimed at tackling the illicit use of cryptocurrencies. On Monday, two Democratic Representatives asked the Trump administration to provide more information on cryptocurrency recently seized from terrorists. According to an Aug. 26…
Bybit expands to Japan and Korea with new fiat payment gateways
Bybit has also added support for the Vietnamese language on its platform. Cryptocurrency derivatives exchange Bybit has added support for the Japanese yen and South Korean won in a bid to expand its roots in Asian markets. In an announcement…
Russia’s Sberbank and S7 Airlines to sell flight tickets for tokens
Russian enterprises get deeper into blockchain. Sberbank, the largest state-owned bank in Russia, is working with a major domestic airline company to introduce a blockchain-based ticket sale system. Russia’s largest bank is reportedly collaborating with S7 Airlines on a new…
Major Korean crypto exchange seized after 99% trading volume allegedly faked
Police claim that wash trading and market manipulation by the owner and management team of the Coinbit exchange netted over 100 billion won. South Korea’s third-largest cryptocurrency exchange, Coinbit, has been seized by police following fraud allegations. According to an…
What Binance’s choice of integration protocol tells us about DeFi projects
How do Compound and Kava differ from other popular DeFi projects, and why did Binance select them as its first DeFi integration protocols? Compound Finance and Kava Labs were chosen as Binance’s two integration partners for the leading cryptocurrency exchange…
DeFi surpasses $7B in locked funds, but just six projects hold 90% of capital
Despite DeFi’s meteoric growth, only half a dozen projects represent more than 90% of the capital locked in the sector. The total value of capital locked in decentralized finance protocols has increased 271% in less than two months to surpass…
Telegram drops lawsuit over ‘GRAM’ trademark, but must cover legal fees
Telegram has dropped a two-year-old lawsuit over the ‘GRAM’ trademark but must now repay the defendant’s legal costs. Telegram Messenger Inc has voluntarily dismissed its lawsuit against Lantah LLC over the use of the ‘GRAM’ trademark for its cryptocurrency token…
Aspen launches on tZERO amid record security token volume
Overstock’s tZERO platform has commenced trading Aspen’s digital security. Aspen (ASPD), the security token representing fractional ownership in the St. Regis Aspen Resort — a five-star 179-room hotel in Colorado, has commenced trading on the tZERO alternative trading system. The…