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Chainalysis support extended to six DeFi-focused tokens
Blockchain analysis firm Chainalysis, which was recently valued at £3.6 billion, has added advanced investigation and compliance support for six widely-used ERC-20 tokens.
Of these tokens, five belong specifically to decentralized finance (DeFi) protocols, while the remaining ‘renBTC’ is designed to allow for the permissionless transfer of Bitcoin to and from Ethereum for use in DeFi applications.
Collectively during Q2 2021, the six tokens had a combined trading volume of $155bn (£111.5bn), accounting for 1.4% of all virtual currency trading.
The six new crypto tokens to receive Chainalysis support include: Read More
Bitcoin Latinum — Going Green With Cryptocurrency
Bitcoin Latinum, a more scalable and sustainable network that uses an energy-efficient consensus process, has officially joined the Crypto Climate Accord as a Signatory and Supporter.
Bitcoin Latinum (LTNM) is the next-generation cryptocurrency, executing the necessary changes on going green. Greener, faster, and more secure than bitcoin.
In high-growth markets including media, gaming, telecommunications, and cloud computing, Bitcoin Latinum aims to improve transaction speed, lower fees, and increase security. Read More
MARKETHIVE’S NEW INTERFACE - AN INITIAL OVERVIEW ILLUSTRATED
The Markethive Social Market Broadcasting Network becomes more prominent daily as the blockchain-driven ecosystem for entrepreneurs with a non-adversarial, bi-partisan free speech ethic and the collaborative culture we rarely see on social media platforms today. Even the newer acclaimed free speech platforms are partisan to the left or right and deal with de-platforming and boycotts from payment providers. Read More
FUN Token Takes Steps Towards Decentralized Online Gambling
In 2021, one of the biggest success stories in cryptocurrency has been that of FUN Token, an ERC-20 token with an incredible vision – bringing decentralized online gambling to the mainstream.
Not long ago, this vision was in danger as rising Ethereum gas fees made on-chain transactions untenable for FUN Token. Along came FreeBitco.in with a unique use case and acquired the token in February. Read More
Blockchain Protocol for Trustless Money Markets; Interview with Sean Ryan, CEO of Glitch Finance
Sean Ryan, CEO of Glitch Finance is bringing to the blockchain market, scalable, low-cost, and interoperable blockchain products for the money markets. The Glitch Finance CEO shares more details with us in this interview with TechBullion. Read More
Crypto Mom: True decentralization is the only thing that will save DeFi projects
SEC Commissioner Peirce believes that DeFi founders’ only hope to bypass financial regulation is to ensure full decentralization from launch.
Hester Peirce — colloquially known as “Crypto Mom” — of the United States Securities and Exchange Commission has warned of rampant “shadow-centralization” within the decentralized finance (DeFi) sector.
Speaking to outspoken DeFiWatch founder Chris Blec in a Wednesday discussion streamed by The Defiant, the SEC commissioner noted that decentralized organizations and DeFi are new concepts for regulators and that “having a peer-to-peer system that doesn’t have central intermediaries is very different from what we’re normally dealing with.”
“If you want to be decentralized, you really need to be decentralized, and that is going to then put you in a different category from the perspective of regulators because that’s just not something that we’ve dealt with before.” Read More
Decentralization Empowering People
We live in an increasingly interconnected world with 4.66 billion people connected via the internet. We pay each other, share data, and communicate with each other within seconds. This is all seemingly wonderful, but the truth is we are not connected with each other. Instead, we are connected to centralized multinational companies and data merchants we are forced to trust with everything we do.
It’s a scary reality that most people are living in today; however, decentralization is the future. The transition from centralized platforms to decentralized ones is going to be the most profound and disruptive change we’ll ever see in our lives. Read More
Chainlink Is Building a Billion-Dollar Bridge to a Multi-Chain World
“This innovation is going to make it so that bridges can scale to secure billions,” said Chainlink founder Sergey Nazarov.
Chainlink Labs founder Sergey Nazarov today announced the blockchain oracle solution provider’s blueprint for the Cross-Chain Interoperability Protocol (CCIP), a "new global standard for decentralized inter-blockchain messaging, data and token movements." Alongside the protocol, Chainlink also announced the launch of a Programmable Token Bridge that makes use of CCIP, and its automated smart contract service, “Keepers.” Read More
Porsche Set To Auction Car Sketch As NFT
Luxury car fans will now have the exclusive opportunity to purchase a car design sketch by Porsche designer Peter Varga, Director of Exterior Design, through the platform SuperRare.
The physical version of the sketch will come accompanied by a digital version and will be the first time Porsche has delved into the NFT world. Read More
Vitalik: ‘More confident about the merge’ following Ethereum’s successful London upgrade
The London upgrade has been a success, and now all eyes are on the even more eagerly awaited merge with Eth2.
Ethereum co-founder Vitalik Buterin has hailed the London hard fork a success, adding that it has given him more confidence over the upcoming merge to the Ethereum 2.0 chain.
Speaking to Bloomberg News from Singapore, Buterin said that the Ethereum Improvement Proposal (EIP) 1559 is “definitely the most important part of London.” The upgrade, which went live on Thursday, has tweaked the fee generation mechanism resulting in a portion of the fees being burnt. Read More
Coinbase Expands Apple Pay Options for Bitcoin, Ethereum Buys
Apple Pay has been available on Coinbase but only for those with the company-branded debit card. Now, anyone with a Visa or Mastercard debit card can use it too.
Coinbase on Thursday announced a significant expansion of its payment integrations with Apple and Google. Starting today, iPhone users will be able to buy Bitcoin, Ethereum, and other cryptocurrencies with any Visa or Mastercard debit card linked to Apple Pay.
While the Apple Pay option has been available to Coinbase users since June, it required users to have a Coinbase-branded debit card. Read More
New Draft Law in Uruguay Could Legalize Crypto as Payment Method
A new draft law introduced to the Senate in Uruguay could regulate cryptocurrency transactions, and also legalize cryptocurrency as an accepted payment method in the country. If approved, the draft proposed by Senator Juan Sartori would also introduce licenses for Virtual Asset Service Providers (VASPs) that would be issued by the government, classifying them into three different groups. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or other advice.
