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Plaintiffs in a civil lawsuit filed this spring allege that the leadership of HDR Global — the parent company of crypto derivatives exchange BitMEX — withdrew significant sums of money once they learned about investigations and pending charges from U.S. regulators and law enforcement. The allegations were included in an October 30 court filing. That […]
Read MoreNew Huawei smartphone will feature a hardware wallet for digital yuan Huawei has announced that its forthcoming Mate40 smartphone series will include an integrated hardware wallet for China’s central bank digital currency, the digital yuan. This will be the first smartphone to feature such a wallet, according to an official Huawei post on Chinese microblogging […]
Read MoreAfter seeing its native token lose 65 percent of its value during the weekend following a massive exploit, Harvest Finance seems to have entered into a consolidation period. At press time, deposits in Harvest have surpassed $311 million. While this is a far cry from the $1 billion in TVL the protocol saw last week, […]
Read MoreEthereum is the KING of Altcoins & if you don’t “bend the knee” you could miss out on massive gains! Crypto communities (EOS, XRP, Cardano) are internet tribes trying to work their way up to internet kingdoms like Bitcoin & Ethereum. Competing altcoin tribes are building bridges to Ethereum and DeFi (decentralized finance)…why!? A bend […]
Read MoreCrypto lender Celsius is producing a series of experiments over the next few months that would test what it would look like for the company to decentralize some of its operations. The centralized finance (CeFi) stalwart is working with Horizen, a platform that develops and maintains the privacy token ZEN, to take a look at […]
Read MoreOne of the biggest focuses of this past year in DeFi has been the rapid rise of Wrapped Bitcoin, tBTC, and other projects that allow investors to deposit their BTC in exchange for an Ethereum-based token representing a claim on that Bitcoin. While previously seen as a novelty only used by KYC-ed users looking for […]
Read MoreThe Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The move is the first-of-its-kind and marks an important milestone in Bitcoin’s history. Iran has moderately friendly towards the Bitcoin market thus far. Earlier this year, the state allowed for the legal setup […]
Read MoreListen To This Episode: On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors are once again joined by Ruben Somsen. But this time, the trio isn’t discussing one of Somsen’s own proposals but diving into a concept from research scientist and Lightning Network creator Tadge Dryja called “Utreexo.” Whenever a new Bitcoin transaction […]
Read MoreCrypto exchange Coinbase is on the hunt for a new diversity executive — a move that follows a public backlash for a blog post penned by its CEO about its avowed apolitical mission. According to a job ad, the director-level position for belonging, diversity, and inclusion will “plan, execute and deliver experiences that foster belonging […]
Read MoreFinance Redefined: The curious case of Harvest Finance, Oct. 21-28 We were graced with one more typical “degen yield farm” popping in and out of relevance this week. Harvest Finance collected as much as $1 billion in total value locked before an “economic exploit” sent it tumbling down. Its value locked measure now hovering around […]
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