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De-Fi Insurance Protocol Solace, Backed by Polygon, NEAR, and Aave is Now Live

Insurance-alternative protocol allows DeFi liquidity providers to hedge their risk in the event of smart contract exploits. California, October 19, 2021 Solace, a risk management insurance protocol for decentralized finance, has launched after eight months in development and four months on the Ethereum Rinkeby and Kovan testnets. дальше »

2021-10-20 20:00


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Tether And Bitfinex Fined $42.5M By CFTC For False Statements About Dollar Reserves

The US Commodity Futures Trading Commission today filed and settled charges against Bitfinex and sister company Tether. The two firms are required to pay fines totaling almost $43 million. CFTC claimed that the Tether (USDT) stablecoin was not completely backed by reserves most of the time and Bitfinex breached the derivatives regulator’s previous directive, according […] дальше »

2021-10-16 00:52


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Analysis: Litecoin trading pattern is prerequisite for bullish movement

The near-term outlook of Litecoin (LTC/USD) appears favorable as the altcoin’s trading patterns indicate a bullish trend. These predictions are backed by bullish crossover on the Directional Movement Index (DMI), a northbound RSI, and growth in 24-hour trading volumes, CoinFi writes, citing data from crypto analyst firm AMB Crypto. дальше »

2021-10-15 17:40


Australia to release its first crypto-ETF, but it wont be backed by Bitcoin, Ethereum

Amid rising fervor for a Bitcoin ETF approval in the United States, the Australian Securities Exchange (ASX) is all set to feature its very first cryptocurrency-focused ETF. Australian ETF provider BeThe post Australia to release its first crypto-ETF, but it wont be backed by Bitcoin, Ethereum appeared first on AMBCrypto. дальше »

2021-10-14 03:30


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Pro-crypto senator agrees that stablecoins must be backed by cash

The issue of whether or not stablecoins are safe to use if they are not backed by cash became a very hot topic recently after the SEC chair, Gary Gensler, first gave voice to the matter. Now, his views are seemingly mirrored by Cynthia Lummis, a well-known pro-crypto Republican Senator, indicating that Lummis shares Gensler’s […] The post Pro-crypto senator agrees that stablecoins must be backed by cash appeared first on Invezz. дальше »

2021-10-4 17:01


On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano

First in a bigger series of dAppradar’s reports, which explore how value moves around after entering the blockchain industry, revealed that the amount of Bitcoin (BTC) sitting in centralized exchanges (CEX) is at its lowest point in 2021, while Wrapped Bitcoin (WBTC), the first ERC20 token backed 1:1 with Bitcoin, doubled since the start of […] The post On-chain data reveals crucial metrics about the adoption of Bitcoin, stablecoins, and Cardano appeared first on CryptoSlate. дальше »

2021-9-29 13:00


ZK-Rollups-based protocol ZKBox goes online, providing free, timely NFT minting service

ZKBox, the first ZK-Rollups-based layer 2 NFT protocol backed by L2 Labs, today rolls out its white paper (link) and official website (link), committed to providing real-time NFT minting, trading, depThe post ZK-Rollups-based protocol ZKBox goes online, providing free, timely NFT minting service appeared first on AMBCrypto. дальше »

2021-9-24 06:00


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Over 150 Million People Backing Bitcoin Means It Has Intrinsic Value, Says Mike Novogratz

The fact that Bitcoin is backed by over 150 million people around the world means it has intrinsic value according to the Billionaire CEO of Galaxy Investment Partners Mike Novogratz. He expelled fears of a massive Bitcoin sell-off saying in an interview with CNBC that people are buying Bitcoin based on the slow depreciation of […] дальше »

2021-9-23 00:11