News and Articles by Anahit

Singapore-based exchange firm Huobi Global told that now HUSD Stablecoin trading is on their platform. The news became known on September 25. Additionally, Huobi Global informed that the HUSD stablecoin would trade against VeChain (VET) and (Bytom) BTM in the spot market. HUSD is a stablecoin...

Four members of the legislature of Israel find it better if digital assets would be taxed as a fiat. Presently, Bitcoin is taxed 25% while converted into fiat, or 15% for short-time funders. According to officials, if the bill accepted, Israel’s 25% capital gains rate on bitcoin will no longer...

This week Dapper Labs acquired another important stablecoin. BUSD coin pegged to the U.S. dollar and is pretty popular. It is one of coins to have received regulatory authorization from the New York State Department of Financial Services. As for Dapper Labs, it represents blockchain-based games...

What is Yield Farming? Yield Farming allows the owners of crypto to make more crypto. It's done by lending the funds to other users via smart contracts. In return the lending part receives rewards. Anyway, the process isn't as simple as it seems from the first sight. Actually, yield farmers need to...

Kraken becomes the first Crypto US bank. It will be able to support clients from 49 states with digital asset custody services and help them make payments. Founded in 2011, Kraken is now one of the leading cryptocurrency exchanges in US. It has been approved as the first special-purpose depository...

The Securities and Exchange Commission of Nigeria announced that all virtual currencies are securities for forfeit. The assertion was signed on Friday. It says that crypto proposes additional investment methods for people and needs to be managed to guarantee contributor safety and trading...

Japanese crypto market Fisco has accused Binance of money washing. The trial is being held in a U.S. court. Binance is accused of being involved in the washing over $9 M of seized crypto via the Zaif hack. Binance hasn't made any comments yet. On September 14 Fisco applied to the Northern District...

Binance Coin is the 5th and Polkadot the 6th highest crypto assets by market capitalization getting ahead of Chainlink and Bitcoin Cash. The status of the top 10 coins doesn't stay the same. At the moment, BNB ranks the 5th and Polkadot the 6th by market capitalization. They had taken the place of...

From the time of its appearance, SushiSwap has been widely discussed. It became more talked about when the secret author Chef Nomi withdrew approximately $14M of developer store. Later the rights to manage the protocol were given to FTX founder Sam Bankman-Fried. Recently Chef Nomi made a...

On September 14 YFI, the governance token of Yearn.finance will be listed on Coinbase Pro. The token is pretty popular and now is trading at $34,271. Its market cap is $1 billion. All this success was recorded despite Andre Cronje's introduction that the token has no value. There is no need to buy...

The House Energy And Commerce Committee has studied 38 drafts as a result of which two proposed laws referring to crypto and blockchain surveys were accepted. Accordingly, blockchain engineering will be analysed more carefully and be the object of voting in the House of Representatives. Darren...

One of the digital outreach groups in Venezuela announced that the authorities have prevented user entrance to Coinbase and open currency market MercaDolar. The reasons aren't clear yet, but internet service providers (ISPs) were involved in these actions as their IPs are included in a DNS...

Ziglu, which is a London-based challenger bank, has lately been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. The fintech then started peer to peer payments for both digital and fiat funds. Zigu co-founder and CEO Mark Hipperson informed that the...

Chef Nomi, the unknown author of the famous DeFi protocol SushiSwap, has assigned the project administration to FTX CEO Sam Bankman-Fried. Earlier, Nomi was a subject for criticism as he converted a part of SUSHI tokens reckoned to promote the advancement of SushiSwap structure, to ether (ETH)....

After a few days of drops, Bitcoin has reacquired some value and now is about $10,500. Most altcoins are also recovering, with the total market gap increasing by $10B. The market experts mentioned the major event noticed within the last 6 months. During this time, crypto assets have been recording...

Yield farmers are excited about Sushiswap, on the other hand, safety experts inform that unverified smart contracts are dangerous. Quantstamp, a blockchain safety leader, has presented ten problems with the platform. It's worth to mention that the problems don't seem to be disastrous- there wasn't...

The Twitter account of Narendra Modi, India's Prime Minister, was attacked. Officials announced that the attacked account was connected with Modi's individual website and mobile app. The criminals called their account "John Wick". They sent messages requesting contributions in Bitcoin...

The fees of transactions on the Ethereum platform have achieved an unprecedented hourly record lately. The increase in fee prices started in summer as a result of the extension in activities on decentralized exchanges (DEXs) and different structures that cover the DeFi space. At the moment, average...