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…
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…
Miners on the Bitcoin network have increasingly become bullish about the top cryptocurrency’s potential long term gains, per data collated from wallet addresses. This is despite the price of Bitcoin r struggling to stay above $11,500 and finding the hurdle above $12K too high for the time being. According to data from Read more…
Japanese financial giant SBI Holdings is preparing to launch contract-for-difference, or CFD, trading for major cryptocurrencies. Starting Aug. 31, SBI Holdings will start CFD trading service for crypto assets, including Bitcoin (BTC), Ether (ETH) and XRP, Cointelegraph Japan reported on Aug. 28. As officially announced, the new service will be offered through SBI’s foreign exchange-focused arm, SBI FX Read more…
Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at. Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins Read more…
XRPL Monitor has tweeted that over the past twenty-four hours, the blockchain decacron Ripple has moved 39.5 mln XRP, part of it was sent to the wallet of its former CEO Chris Larsen. Meanwhile, the Ripple co-founder Jed McCaleb, who left in 2013, is cashing out another XRP lump. Ripple wires almost 40 mln Read more…
