Blockchain News

Samuel Reed, co-founder and CTO of the BitMEX crypto derivatives exchange, was released on $5 million bail. Reed was arrested in Massachusetts on October 1. The US Department of Justice has opened a criminal case against Reed and other BitMEX executives for violating bank secrecy laws and...

BMW Korea has informed that it is intending to practise reward plan based on blockchain technology. The plan termed BMW Vantage allows purchasers to get discounts on vehicle service and more. The officials announced that BMW Korea is the first agency in BMW Group to manage an action of the project...

Google Cloud may become the next block producer of EOS. After the news went public, the EOS token raised 17%. EOS blockchain, designed by Block.One, utilizes a special semi-decentralization speciality - a chain of 21 block producers. The main difference between EOS and many other networks is that...

The number of monthly active users of the MetaMask Ethereum wallet from ConsenSys exceeded the 1 million mark for the first time. The explosive growth of the MetaMask user base is associated with the boom in Decentralized Finance (DeFi) in 2020. MetaMask users have tripled since February, while the...

Software company Chainanalysis together with forensic data analytics organization Integra Fec won $1.25 M contract to supply instruments that crack privacy token monero for IRS. Drifted previous month, the contract suggests a year's partnership which aims to hedge financial operations including...

A digital monetary assistance and blockchain solutions firm Diginex Limited begins exchanging on NASDAQ. Officials informed that Diginex Limited will purchase on NASDAQ by the key sign ‘EQOS’ allowing capitalists to take part in the extension of digital currency. This is great news as it's the...

Sorare, a global fantasy football game keeps growing. It has signed 2020 Champions League finalist Paris Saint-Germain F.C. as the 100th licensed club in the game. Using the Ethereum blockchain, Sorare creates unique digital trading cards representing professional soccer players that can be...

The widely-used non-custodial exchange Uniswap set a record surpassing $2 billion in total value locked (TVL). The leading tokens by circulation in Uniswap are Ether, Tether (USDT), and Wrapped bitcoin. UniSwap got ahead of other DeFi protocols for 18%. Alongside with yield farming growing, the...

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...

The Optimism startup, which is developing a second-tier scaling solution for the Ethereum network called optimistic rollup, has launched a limited testnet. According to the developers, the process of launching the solution will be phased - an optimistic rollup will be integrated with a small group...

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...

Jihan Wu is again the authorized representative and CEO of Bitmain Technology, Bitmain's Beijing-based operations arm. Mikri Zhang, another co-founder of the organization who was removed by Wu last October but recovered authority earlier this year, is no more the legal representative and CEO. The...

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...

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...

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...

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)....

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...