The exchange is taking advantage of the growing Russian crypto market. As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s…
Kategorie: Crypto Flash News
Hashgraph Sets to Scale a Mental Health Platform to Billion Users
Could their partnership with a new age guru save lives? Hashgraph has partnered with the Chopra Foundation to develop a mental health platform that they hope will scale to 1 billion users within five years. The platform’s initial focus will…
IRS Plans to Ask Every American Worker if They Used Crypto in 2020
Every American filing taxes for 2020 will have to tell the IRS whether they used crypto this year, according to new drafts from the tax agency. On Aug. 19, the IRS released drafts of its income tax forms for 2020,…
Q&A: What Are Tokenized Portfolios, and How Do They Work?
Tokenized portfolios are increasing in popularity — but how do they work, and what’s in it for traders who launch them? We asked an expert. Tokenized portfolios are gaining momentum as an effective way for everyday consumers to gain exposure…
Chainalysis Report: Tether Could Be Enabling Capital Flight From China
The East Asia crypto market has reacted fast to news of Beijing’s national digital currency and regional economic tumult. Cryptocurrencies — and Tether (USDT) in particular — could be playing a key role in recent capital flight from China, according…
University of Utah Pays Ransomware Gang to Prevent Student Data Leak
This is one instance where the ransomware gang got away with it. The University of Utah’s College of Social and Behavioral Science confirmed that they were hit by a ransomware attack on July 19. According to a statement issued by…
Bitcoin Macro Trend Unaffected by Chinese Investors’ $50B Tether Exodus
Bitcoin’s macro bullish trend remains intact even after data show Chinese investors moved $50 billion in crypto to overseas addresses in the past 12 months. New data from Chainalysis shows Chinese investors reportedly used Tether (USDT) to move nearly $50…
People Have Spent Almost $7M on ETH Gas for Uniswap
Uniswap now accounts for more gas fees than anyone else on the Ethereum network. Press time data from EthGasStation shows decentralized exchange Uniswap as the place users have spent the most Ethereum (ETH) on gas payments over the past 30…
Coinbase-Backed Exchange to Redistribute Seized Venezuelan Funds
A major win for the people of Venezuela and the fight against government corruption. Latin American crypto exchange Airtm has been appointed to redistribute $18 million seized by U.S. authorities to 62,000 healthcare workers. These funds were taken in relation…
What’s the Deal With Yam Finance?
Is the rebasing project a useful economic experiment? Some of the crypto A-list says it’s just another scam. There are some decentralized finance projects that make flash loans; Yam Finance (YAM) was a DeFi project that made a flash appearance.…