Report: Privacy coins don’t conflict with Anti-Money Laundering laws
by Helen Partz (Cointelegraph.com News) on September 19, 2020 at 9:14 am
Where does the right to financial privacy end? Privacy-oriented cryptocurrencies like Monero (XMR) do not conflict with Anti-Money Laundering laws, according to a major global law firm.Perkins Coie, a Seattle-based international law firm, published a report devoted to the AML […]
Bribery gets blocked: Stamping out corruption with blockchain tech
by Kirill Bryanov (Cointelegraph.com News) on September 19, 2020 at 7:00 am
In a world where all public records are stored on an immutable ledger, it would be difficult to be a corrupt government official. Some of the main functions of government institutions include redistribution of resources and maintaining official records. These are precisely the […]
Pinned below $11K, Bitcoin price plays second fiddle to Uniswap (UNI)
by Ray Salmond (Cointelegraph.com News) on September 19, 2020 at 2:31 am
Bitcoin price still faces resistance at $11K as traders turn their attention to DeFi-tokens like Uniswap (UNI). As the weekend begins, Bitcoin (BTC) price continues to fluctuate between the $10,800-$11,000 range. Cryptocurrency daily market performance snapshot. Source: […]
More pump than dump: 22% UniSwap (UNI) price drop doesn’t faze traders
by Joseph Young (Cointelegraph.com News) on September 18, 2020 at 11:04 pm
UniSwap’s UNI governance token soared to $8.60 before correcting sharply but top traders expect the price to rise higher. Earlier today Yearn.finance (YFI) and Ether (ETH) rose sharply after Uniswap’s governance token UNI plunged 22% from $8.00 to […]
OKEx CEO slams Binance’s Changpeng Zhao for promoting questionable DeFi projects
by Michael Kapilkov (Cointelegraph.com News) on September 18, 2020 at 9:51 pm
Jay Hao did not mince words in disparaging Binance for strategies he referred to as "irresponsible." OKEx CEO Jay Hao called out Binance and its CEO Changpeng Zhao for their recent support of certain DeFi projects. He also claimed that Binance Smart Chain, or BSC, is highly […]
New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets
by Nathan DiCamillo (CoinDesk) on September 18, 2020 at 9:45 pm
Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin and other non-Ethereum assets.
What Is DeFi?
by Alyssa Hertig (CoinDesk) on September 18, 2020 at 9:02 pm
DeFi is short for "decentralized finance," an umbrella term for Ethereum and blockchain applications geared toward disrupting financial intermediaries.
Market Wrap: Bitcoin Tests $11K; Uniswap Passes $1.5B Locked
by Daniel Cawrey (CoinDesk) on September 18, 2020 at 8:28 pm
Decentralized finance, or DeFi, is captivating the crypto market, and that is causing weakness for bitcoin.
EU to see comprehensive crypto regulation by 2024
by Benjamin Pirus (Cointelegraph.com News) on September 18, 2020 at 8:12 pm
Crypto continues its trek into the mainstream. The European Union, or EU, plans to incorporate crypto and blockchain technology into its main processes by 2024. Over the next four years, the economic union aims to firm up fresh regulations that will promote blockchain and […]
Abkhazia to lift ban on crypto mining
by Felipe Erazo (Cointelegraph.com News) on September 18, 2020 at 8:02 pm
That may not necessarily be a good thing for the struggling state. The de facto state of Abkhazia threw the towel on its fight against crypto mining, with the president recently announcing measures to lift the nation’s current ban. According to Finanz.ru, Aslan […]