New York attorney general demands financial documents from Tether
The New York Attorney General's Office is insisting that Tether and Bitfinex provide financial documents relating to the nearly $1 billion loan. New York prosecutors accused both companies of concealing losses.
How can the DeFi derivatives help the crypto market?
The derivatives market as part of the traditional market was valued at $640 trillion (the value of outstanding derivatives contracts) in the first half of 2019.
SushiSwap founder returns $14 million to developers fund
Co-founder of DeFi project SushiSwap, which raised $1.5 billion in just a week and then mired in scandals, returned all the $14 million worth of ETH that he withdrew from the developer fund and sold last week. Chef Nomi apologized for his actions.
IRS to pay $625,000 for cracking down Monero
The US Internal Revenue Service (IRS) announced a tender to develop a solution capable of tracking transactions in the Monero confidential cryptocurrency network. For the creation of such a tool, American tax authorities are ready to pay $625,000.
BUYTEX Welcomes New CBDO Vincent Veisman
BUYTEX, a cryptocurrency exchange, has announced that it expands its core team this September with Vincent Veisman – the ex-CEO of the Coinsbit crypto exchange will join BUYTEX as its Chief Business Development Officer.
Founder of the multi-million dollar Ponzi scheme Bitclub pleads guilty
The founder of the Bitclub Network admitted charges against him of selling unregistered securities and filing a false tax return. The damage from Bitclub's actions is estimated at $722 million.
SushiSwap tokens collapse after vulnerabilities were discovered and developer fund was partially sold
The DeFi project of the decentralized crypto exchange, SushiSwap, which raised more than $1.5 billion, found itself at the center of a scandal after a dozen vulnerabilities were discovered in its code, and the anonymous founder sold half of the developers' fund.
Illegal mining farm found in Russian Caucasus
The North Caucasian division of the Russian energy company announced it revealed another mining farm that was illegally connected to the power supply.
Bitcoin lost 10% within a day due to bitcoin sale initiated by miners
The reason for bitcoin price fall could be the sale of mined coins initiated by miners. The cryptocurrency sank 10% per day and continues to decline.
Report: Cryptocurrency Holders Are Indifferent to Privacy
Despite the abundance of modern cryptographic tools aimed at preserving privacy on the network, crypto users rarely use them and have little interest in it.
DeFi protocol SushiSwap raises $700 million in three days
More than $700 million in cryptocurrencies were frozen in the SushiSwap protocol within the first three days. Sushiswap is a fork of the decentralized trading platform Uniswap. Users were not even embarrassed by the fact that the software was practically not subject to technical audit.
Uniswap surpasses Coinbase in daily trading volume
The trading volume on Uniswap exceeded the volume of trades on Coinbase Pro for the first time in history. The growth is due to the unprecedented popularity of DeFi projects.
Research: number of bitcoins in wallets of miners reaches two-year high
Bitcoin miners are in no hurry to sell their mined coins, expecting the first cryptocurrency that is currently trading at about $11,000 to grow. Miners' wallets accumulated a record high number of bitcoins.
Buterin names main problems of cryptocurrency world
Ethereum creator Vitalik Buterin assessed the risks bitcoin, Ethereum and other cryptocurrencies. He shared his concerns about technical problems and regulatory threats.
Thousand of unlicensed mining farms closed in Iran
After the launch of whistleblowers program, Iranian authorities disclosed more than a thousand of cryptocurrency mining farms that operated without special license.
