Amidst an ongoing legal tussle with the securities and exchange commission, Ripple defendants have fired back with a motion to expose the XRP holdings of SEC employees, a token they have alleged is an unregistered security. RIpple’s Recent Motion On August 27th, attorney James Filan unveiled Ripple’s new motion demanding the SEC to produce documents...Read More
The British multinational banking institution – Standard Chartered – has teamed up with the financial technology company – Linklogis – to launch a new blockchain-based digital trade finance platform. It comes by the name of Olea, and its goal would be to bring together “institutional investors seeking opportunities in an alternative asset class with businesses...Read More
Around 10 to 11% of Bitcoin’s total supply hasn’t moved in over a decade with 2.3 million being held by Bitcoiners since 2011. As per the reports of Glassnode, a crypto metric platform, it indicates that 2,068,167 Bitcoins have remained stagnant or lost for over over 10 years, with a total of 18,801,525 circulating supply...Read More
A slew of leading Ethereum based DeFi protocols– including Aave, Sushi, Curve, and PoolTogether– recently announced a $100M DeFi adoption initiative with Celo, a mobile platform for financial dApps. Adoption Initiative: “DeFi for the People” Announced today, the recent “DeFi for the People” initiative’s numerous founders include Aave, Curve, Sushi, PoolTogether, 0x, UMA, Valora, Ubeswap,...Read More
Despite the massive rally of crypto assets this year, their prices have plunged yet again due to the market crash on May 19th. Ethereum has also taken a turn for the worse, with its price dip by nearly 60%. Thereafter Ethereum price consolidated around $2000 till mid-July. August turned out to be a gamechanger for...Read More
Leading DeFi and CeFi aggregator OpenOcean has continued to expand its ecosystem and has just recently integrated Avalanche, a high-scalable and open-source platform for launching decentralized finance apps. In a Monday press release shared with CryptoPotato, OpenOcean noted that its integration with Avalanche will allow its users to swap different digital assets utilizing the best...Read More
Six months after getting hacked, Cream Finance – a permissionless, open-source, blockchain agnostic protocol – suffered another breach. The team reported losses of up to $25 million in ETH and AMP. PeckShield Inc., a blockchain security company, highlighted the hack a few hours ago, providing the transaction in what appeared to be a flash loan...Read More
On 15 September 2021 at 04:00 UTC, we will list new quarterly Futures on BitMEX. The new contracts will be visible on the platform from 14 September at 04:00 UTC as Unlisted, 24 hours before the start of trading. Contracts will be live in Testnet on 3 September along with contract specifications. To provide a...Read More
Micheal van de Poppe, a popular cryptocurrency analyst, is naming seven cryptocurrencies that he probably believes will rise in value. Van de Poppe has also highlighted potential scenarios for the altcoins, which might kick off and cause cryptocurrencies to rally. XTZ is the first altcoin he mentions. He claims that this is the dip season....Read More
The Chinese government has continued its conscious efforts to eliminate the use of cryptocurrencies in the country by constantly reminding the general public of the risks associated with them. During a media briefing on August 27th, the deputy director of the Financial Consumer Rights Protection Bureau of the People’s Bank of China (PBoC), Yin Youping,...Read More
