Bitcoin sidechain creators tout new ‘permissionless’ version BitVM2
Robin Linus has unveiled a new whitepaper for BitVM2 and BitVM Bridge, two new developments that offer significant improvements to the original version of BitVM.
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Binance Starts Accepting Fiat Currencies Through Alipay and WeChat
Major cryptocurrency exchange Binance has begun accepting fiat currencies through online payment service Alipay and mobile messaging and payment app WeChat, CEO Changpeng Zhao confirmed in a tweet on Oct. 9.Zhao was quick to clarify that Binance is not working directly with WeChat or Alipay, and users are still able to use them for peer-to-peer transactions. The…
Has New York State gone astray in its pursuit of crypto fraud?
The Empire State made two appearances on the regulatory stage last week, and neither was entirely reassuring. On April 25, bill S8839 was proposed in the New York State (NYS) Senate that would criminalize “rug pulls” and other crypto frauds, while two days later, the state’s Assembly passed a ban on non-green Bitcoin (BTC) mining. The…
Ethereum price rises by 50% against Bitcoin in one month — but there’s a catch
The rise in the ETH/BTC pair is painting a bearish technical pattern, hinting at a potential correction. 1070 Total views 14 Total shares Ether (ETH), Ethereum's native toke, has been continuing its uptrend against Bitcoin (BTC) as euphoria around its upcoming network upgrade, "the Merge," grows.ETH at multi-month highs against BTCOn the daily chart, ETH/BTC…
South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs
A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2.According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of…
Khamzat Chimaev ‘wasn’t involved’ with SMASH memecoin — Manager
The UFC fighter’s manager, Majdi Shammas, said his client did not make the decision to promote the coin and the deal only allowed for a single promotional video.
Negative funding rates incentivize traders to long Polygon (MATIC) and AAVE
Data shows that AAVE and Polygon (MATIC) traders are currently being paid up to 4.3% per week to long future contracts.In the crypto markets, traders are usually bullish, or at least the majority of retail investors are. This causes an interesting phenomenon as it incentives arbitrage desks and whales to sell futures contracts while simultaneously buying…
Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena
HBUS, the strategic partner of top crypto exchange Huobi, has hired a former executive of venture capital (VC) firm Draper Athena, according to a press release shared with Cointelegraph Nov. 13.The HBUS trading platform, which currently employs around 40 people in their headquarters in San Francisco, has officially announced the appointment of Jay Ryu, formerly…
Crypto Markets See Calm as Most Coins Consolidate Recent Gains
Tuesday, Oct. 16: Crypto markets are seeing some stability today following yesterday’s market upsing, with virtually all of the major cryptocurrencies seeing only minor price changes, both red and green, as of press time.Tether (USDT) has meanwhile seen a recovery, having yesterday slipped from its U.S. dollar peg to trade well below its historical price…