Bithumb Exchange Owns More Assets Than its Customers

Source: Adobe/prima91 Leading South Korean exchange Bithumb‘s own holdings are greater than the amount overall of its consumer holdings, per a due diligence report. According to Sports Seoul, the report belonged to a current audit finished by Seoul-based auditor Jungin Accounting The auditor discovered that the amount overall of both Bithumb’s own fiat (KRW) and […]

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Yield Farming ‘Frenzy’ Didn’t Boost DeFi User Numbers

Source: Adobe/Tricky Shark. A brand-new report has actually discovered that so-called “yield farming” has actually taken the decentralized financing (DeFi) scene “by storm” of late– however has actually stopped working to bring big quantities of brand-new people to the DeFi table, and has actually done little to assist the “DeFi community grow beyond its current […]

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Crypto Revolut In the US, Loans and Coffee on Blockchain + More News

Source: Adobe/mino21 Get your everyday, bite-sized absorb of cryptoasset and blockchain-related news– examining the stories flying under the radar these days’s crypto news. Crypto adoption news UK-headquartered significant fintech Revolut has launched its crypto trading service in the United States by means of a collaboration with Paxos Trust Business Revolut US is the first partner […]

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BitMEX’s Parent Goes ‘100 x,’ Doubles Down On Exchange’s Growth

Arthur Hayes. Source: a video screenshot, Youtube, CfC st. Moritz. HDR Global Trading, the operator of significant crypto derivatives platform BitMEX, is developing a brand-new holding business structure, branded 100 x, “to pursue a broader vision to reshape the modern digital financial system,” Co-founder and CEO Arthur Hayes revealed today. The brand-new structure will consist […]

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Bitcoin Usage up in Vietnam, Bangladesh & & S Africa

Source: Adobe/Vitoria Holdings LLC. The overall variety of bitcoin (BTC) wallet deals has actually surged in Vietnam, Bangladesh, and South Africa, with regular monthly activity figures up 25%, 16% and 15.9% respectively on significant wallet and exchange platform Blockchain.com The business shared the news in a blog site post, including that although BTC experienced a […]

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Blockchain Medical Prescriptions Coming in Chinese City + More News

Source: Adobe/Natalia Klenova. Get your everyday, bite-sized absorb of cryptoasset and blockchain-related news– examining the stories flying under the radar these days’s crypto news. Blockchain news A Chinese city stated it will introduce a blockchain-powered medical prescription app for smartphone-using homeowners. Per Zhihu, the effort will be released in Kunshan, in Jiangsu Province, and will […]

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South Korean Central Bank Launches CBDC Legal Advisory Unit

The Bank of Korea in Seoul. Source: Adobe/tktktk. South Korea is as soon as again magnifying the rate of its central bank digital currency (CBDC) development– with a central bank-run team now examining legal challenges that may stand in the method of digital won issuance. Bitter political and financial competing Japan recently took an action […]

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Crypto Listing and Delisting Statements: Week 28

Source: iStock/christopherhall. Here is our weekly collection of digital property listing and delisting, trading pair-related statements by crypto exchanges that we discovered recently and today. Have we missed out on something? Do you know about brand-new listings and/ or delistings? Let us understand here. _________________________________________ Bibox Listings: CyberMiles (CML)AMIX (AMIX) Binance Listings: Swipe (SXP)Synthetix (SNX)ETHUP […]

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Crypto Market Sentiment Improves, Is Highest In A Month

Source: iStock/honglouwawa. Crypto market sentiment is skyrocketing as its combined moving 7-day typical sentscore for the top 10 coins is reaching brand-new short-term highs near the favorable zone – a relocation not seen given that the start of summer season. Today, it stands at 5.77/10, compared to the recently’s neutral score of 4.94, and the […]

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Coronavirus Recovery– The New Economic Thinking We Need

Source: Adobe/jakkaje8082 The International Monetary Fund (IMF) is calling the coronavirus-induced recession “the Great Lockdown“. The expression simulates the Great Anxiety of the 1920 s and the Great Economic crisis that followed the 2007-08 global financial crisis. While it is appealing to preserve linguistic consistency in calling the present crisis the Great Lockdown, this term […]

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