As we come to the end of the month, Bitcoin is trading above $11,500, capping at +2% returns, and +27% in Q3. It has been after a week that the digital asset went above $11,700 today, but ‘real’ spot volume is still low at just $1 billion. “High time frames Read more
nChain chief scientist Craig Wright has delivered an obscenity-laden interview discussing decentralized finance (DeFi) and stablecoins, calling such projects a “complete scam” and “illegal.” Taking part in the virtual conference Reimagine 2020 published Saturday, the controversial figure told host Patrick MacLain that both DeFi schemes offering lending and borrowing, and stablecoins, are Read more
Huobi Futures, the crypto derivatives market of Huobi Group, today announced the upcoming launch of Bitcoin (BTC) options for trading on September 1st at 10:00 UTC. The new options product follows the successful roll-out of Huobi Futures’ Perpetual Swaps earlier this year and aims to give traders more ways to create arbitrage and Read more
Ethereum’s growth in the year 2020 has been quite astounding. Not only has the decentralized finance platform built on top of it prospered, but the integration of prominent stablecoins like Tether [USDT] has contributed to the same too. While the onboarding of projects did attract a lot of interest from crypto-users, Read more
Daniel Ricciardo is very happy with his fourth place on the grid. After qualifying for the Belgian Grand Prix, the Australian had a nice get-together with Max Verstappen. He talks about it with Jack Plooij on Ziggo Sport. “I saw him in the parc fermé”, said Ricciardo, who then made the gesture that Read more
Horner has declared, though, the outcome of the International Court of Appeal process could see Red Bull and AlphaTauri run very similar cars next season. “From a Red Bull perspective, it [the appeal result] is just important for us because we just want to know what is allowed and what Read more
Ever since its launch, Bitcoin has been the most expensive, and largest cryptocurrency. However, while it is still most certainly the largest, the coin is no longer the most valuable digital currency in the industry. Instead, Bitcoin’s price was exceeded by a DeFi token yearn.finance (YFI), which is now closing in on Read more
A recent report released by Chainalysis revealed how U.S officials including the FBI, among other agencies, investigated the recent case of cryptocurrencies stolen by the Lazarus Group, a North Korea-affiliated hacker group. It was published soon after the U.S. Department of Justice forfeited 280 crypto-accounts involved in the laundering of approximately $28.7 million worth Read more
Ferrari Formula 1 team boss Mattia Binotto has blamed a lack of understanding of the Pirelli tyres this weekend as the cause of its woeful showing on Friday, which saw Charles Leclerc and Sebastian Vettel only 15th and 17th quickest. The duo were half a second slower than customer team Read more
Red Bull’s Max Verstappen topped the practice timesheets for the Belgian Formula One Grand Prix yesterday, ahead of Renault’s Daniel Ricciardo and championship leader Lewis Hamilton. The Dutchman, third fastest in the first of yesterday’s two 90-minute sessions, vaulted to the top in the afternoon with a time of one Read more