At least 108 customers from the UK and
other parts of the world were victims of scam. To start trading on the
platform, customers did not need to validate their identity.
Cryptocurrency exchange GPay, registered
in...
The companies will have a six-month
period to adapt to the new law. Fines for non-compliance with the law could
exceed the amount of EUR 60,000.
The preliminary draft law for the
prevention of money laundering...
The US government points to
cryptocurrencies like Monero, Zcash, and Grin. The authorities allege an
increasing use of privacy cryptocurrencies for illegal purposes.
Currently, the US government is seeking
tools to track movements of funds in...
Tokenized versions of Bitcoin like WBTC
are on the rise in the DeFi era. The metrics point to more active addresses,
higher volumes,
and
investors.
The era of decentralized finance (DeFi) is
setting a stage that increasingly involves...
The main concern of the issuing entity
is to guarantee universal access to the digital currency. It also proposes the
use of the CBDC offline, in case of power or Internet failures.
The world's central...
The developer highlighted what he
considers the spirit of the smart contracts platform. He believes that
short-term exaggerated excitement is driving Yield Farming.
Last July 1st, Vitalik Buterin
explained that some people value Ethereum for its...
The proposal received almost unanimous
approval through a vote. The new method will prevent users from taking
advantage of interest rates on various platforms.
The decentralized finance (DeFI) platform
Compound will
change in the way of
allocating and...
The Senate Banking Committee discussed
financial inclusion and competition with China. Lawmakers are interested in
knowing the scope of creating a digital currency.
The US Senate Banking Committee held a
hearing last June 30th to discuss...
According to a study by FCA, the number
of buyers went from 1.5 million in 2019 to 2.6 million this year. Most of those
who venture
into
cryptocurrencies know that they are in an unregulated environment.
There...
WBTC
takes the lead with 8,165 representative Bitcoin tokens issued on the Ethereum
network. The amount in U.S. dollars of the Bitcoin-pegged tokens on Ethereum
exceeds USD 100 billion.
On June 27th,
the number of Ethereum network...