Opinion: Bitcoin is natural choice in fight for human rights
Former world chess champion Garry Kasparov cited advantages of bitcoin and blockchain in the fight for human rights and control over person's own assets.
Research: users accelerate withdrawal of bitcoins from crypto exchanges
The HODL strategy continues its triumphant march across the crypto industry. Users prefer to withdraw bitcoins from crypto exchanges and send them to their wallets for long-term storage.
Russia to ban bitcoin payments from 2021
The Russian parliament adopted a bill on digital financial assets, which contains a clause prohibiting payments for goods and services in cryptocurrencies. However, it is officially allowed to own and buy cryptocurrency and blockchain tokens.
Binance donates more than 20,000 units of personal protective equipment to hospitals in Ukraine
Binance Charity, the world’s first blockchain-powered donation platform, donated personal protective equipment (PPE) to Ukrainian medical staff who are at the forefront of the fight against coronavirus disease. Four Ukrainian hospitals received help from the Binance Charity Foundation: Kiev City Hospital No. 4, Kiev City Hospital No. 5, Bila Tserkva City Hospital No. 2, and Poltava Regional Laboratory Center of the Ministry of Health of Ukraine.
Coinbase, Gemini, Kraken and Bittrex agree to share user data
The largest US-based cryptocurrency exchanges will launch a user data exchange system in order to strengthen their anti-money laundering efforts.
Canadian regulator accuses Coinsquare of wash trading
The financial regulator of Canada accused Coinsquare of manipulating the market by winding up the trading volume by a total of 590,000 bitcoins.
Industrialists for the industry: new exchange service from the experienced cryptoplayers
The recent revival of the crypto market overrides the negative forecasts describing the death of crypto. Moreover, COVID-19 pandemic and the related economic downturn increases the investor’s attention to the coins. Many market players consider cryptocurrencies as an alternative investment asset, similar to gold or commodities. For those who operate on the cryptomarket and change one type of coin to another or fiat currency, Godex.io offers the exchange service.
Research: $1.4 billion in bitcoin laundered through crypto exchanges in 2020
In just six months, 147,000 bitcoins were laundered through cryptocurrency exchanges, including such large platforms as Binance and Huobi, according to one study.
Bitfinex CTO: Bitcoin volatility declines due to increased high-frequency trading
The volatility of bitcoin in the 30-day period decreased to 20%. This may be due to an increase in the number of high-frequency trading players.
Twitter accounts of Coinbase, Binance CEO and Elon Musk hacked
Scammers organized a large-scale attack on Twitter, hacking the accounts of many cryptocurrency companies, their leaders, as well as those ones of Elon Musk and Bill Gates. Criminals are trying to make money on fake bitcoin distribution.
Research: there are 28 custodial crypto services for institutional investors in the world
The market digital asset storage services is undergoing a transformational shift. Currently, there are 28 custodian services in the world, 22 of them launched since 2017.
Capitalization of ERC20 tokens bypasses Ethereum
Tokens built on the Ethereum blockchain are now worth more than Ethereum itself mainly due to the DeFi boom.
FATF: stablecoins can be used to launder money
The international Financial Action Task Force announced it sees high risks of using stablecoins in money laundering and terrorist financing. FATF calls for stronger industry regulation.
Media: Coinbase plans to go public in 2020
One of the largest cryptocurrency exchanges Coinbase plans to run an IPO in 2020. It will be the first US-based cryptocurrency exchange to be traded publicly.
Opinion: control over centralized stablecoins will be tightened
Over time, global regulators will require tighter control over the movement of centralized stablecoins, said Linda Xie, co-founder of Scalar Capital. There are almost 40 addresses on the Tether blacklist, and USDC has one.
DeFi market follows path of ICO bubble
DeFi projects keep frozen record $2.02 billion. In less than half a year, this figure has doubled. According to analysts, the market situation for DeFi projects resembles an ICO bubble.
