Leading digital financial services platform Bitrue has today announced upgrades to its existing services that will introduce the benefits of Decentralized Finance (DeFi) products to its existing Centralized Finance (CeFi) products. This will allow Bitrue to become the world’s first hybrid exchange, with further pushes into DeFi products planned for
Chainlink has made its second acquisition with Cornell University’s privacy-preserving oracle solution DECO for an unrevealed amount. Deco Co-Founder Ari Juels will be joining Chainlink as a Chief Scientist. Since 2014, he has been teaching at Cornell University, one of the premier blockchain hubs in the world. He took leave
South Korea cryptocurrency exchange Coinbit seized by police for allegedly making false transactions to obtain 100 billion won ($84m). As per the report from Seoul Shinmun, South Korea’s oldest newspaper, police accused Coinbit Owner Choi Mo and other managers for handling multiple accounts, controlling cryptocurrency prices, and raising transaction volume.
BestChange.ru, an aggregator of over-the-counter (OTC) cryptocurrency suppliers in Russia, is being blocked by the country’s internet censorship agency, Roskomnadzor. According to the popup announcement on BestChange.ru, the website is still available to the users through VPN or websites like BestChange.net. Website block announcement is made on local social media
According to blockchain security firm Slowmist, hackers have looted the crypto industry of more than $13 billion in 290 different hacks. As the crypto industry grows, the exploits seem to happen weekly either on an exchange, a blockchain, or a crypto wallet. The crypto users and investors must take precautions
Blockchain.com, a provider of cryptocurrency products has extended its support to Algorand (ALGO), a Proof-of-Stake (POS) blockchain. Blockchain.com Product Manager Amadeo Pellicce said, We are excited to add support for ALGO not just so that our customers can buy and sell the token, but also because it exposes more people
On Tuesday, Nasdaq-listed and publicly-traded business intelligence firm MicroStrategy has purchased 21,454 bitcoins at an aggregate price of more than $250 million, adopting the crypto as its primary treasury reserve. Microstrategy’s investment in Bitcoin is only a part of its new capital allocation strategy, which seeks to maximize long-term value
Bitso, a Ripple and Coinbase-backed crypto exchange in Latin America, has hit 1 million registered users prior to its upcoming launch in Brazil. Bitso was officially launched in Mexico in 2014 through which users can buy, sell, or transfer crypto. As of now, it has raised over $4 million in
On July 7, Binance announced its partnership with Etana Custody for a new fiat gateway that provides deposit services for 15 fiat currencies. Through Etana, Binance users are now able to deposit 15 new fiat currencies which include UAE dirham, Australian dollar, Canadian dollar, Swiss franc, euro, Checz koruna, British
Travala.com, a crypto accommodation booking platform announced that it is adding support for Expedia Partner Solutions (EPS), a global B2B partnership brand within Expedia Group. Travala users can now pay for Expedia through 30 listed cryptocurrencies which include Bitcoin, Ethereum, Binance Coin, and AVA, Travala’s native crypto. EPS allows the
