Cryptocurrency News

Crypto exchange Bitfinex announced the launch of derivatives for stock indices, which are calculated in the stablecoin Tether. New derivatives - perpetual swaps on Europe 50 and Germany 30 - offer access to traditional equity markets. Europe 50 is the STOXX Europe 50 index, which covers 50 stocks...

Transactional activity on Ethereum has confidently started to increase this summer. The expansion of the DeFi decentralized finance market has become a central driver of the network's growth. Despite the fears of some skeptics, this ecosystem continues to evolve, attracting more and more users....

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...

Analysts from the Weiss rating agency urged investors not to use the stablecoin Tether (USDT). They posted a tweet on Twitter and noted that the acquisition of this tool carries enormous risks. #Bitfinex's vaults are not publicly auditable and there have been many allegations that #USDT is not...

The Tron Foundation has partnered with custodian company BitGo to issue two new tokens - Wrapped Ether and Wrapped Bitcoin (WBTC). WBTC is going to be represented as a TRC20 token pegged to BTC 1:1. WBTC was the first token to make BTC cooperative with the Ethereum blockchain. There are currently...

According to Steve Ehrlich, co-founder of Voyager Digital, investors continue to dive into bitcoin amid global economic uncertainty. The cryptocurrency confirms the status of a haven asset. Ehrlich said: "Bitcoin is extremely resilient, and as it spreads further, it proceeds to position itself...

There is no secret that the cryptocurrency market is quite the wild west. In 2017, 78% of the ICOs conducted have been identified as scams. In May 2018 the Bitcoin Gold blockchain suffered a 51% attack and lost more than $18 million. The attackers targeted several exchanges to extract the...

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...

On Ethereum, transaction fees continue to rise due to network congestion. This trend the day before led to a record daily income of miners. After the start of the distribution of Uniswap tokens, the income of Ethereum miners reached $ 938,000 in just one hour. Analysts of the Glassnode platform...

According to the financier and author of the famous book "Rich Dad Poor Dad" Robert Kiyosaki, precious metals and bitcoin will collapse in value if a vaccine against COVID-19 appears in the world. The emergence of such a drug will create conditions under which investor interest in...

Uniswap unveiled its UNI token on September 16. The platform is going to issue 1 billion tokens over four years. 60% of this amount will be designated to community members, 21.51% - team members and future workers, 17.80% of it is going to be assigned to investors with a four-year transition...

Pickle Finance (PICKLE) is another food-themed token that surged from a low of $ 4.41 (September 12) to a high of $ 85.24 (September 14). Pickle Finance is being used for "profitable farming" and aims to "eliminate volatility in the four largest stablecoins in the DeFi market."...

Each exchange must create a database of traders to combat the illegal use of digital currencies. That is stated in a statement by the Financial Action Task Force on Money Laundering (FATF). This organization has repeatedly pointed out the need for detailed identification of cryptocurrency holders....

Of the popular TV presenters, not only Max Keiser is interested in bitcoin. There are at least two leading news outlets on CNBC that believe cryptocurrency has tremendous potential. That is Joe Kernen and Jim Kramer. The first one said last year that the May halving of bitcoin (reduction of the...

Amid the preparations for the ETH 2.0 update and the development of the DeFi market, Ethereum has the highest developer activity in the past seven months. That is stated in the report of the Santiment team. The researchers drew attention to the activation of the creators of services based on...

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...

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...

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...