Crypto exchange eXch denies laundering Bybit’s hacked funds

Just looking at Binance Coin's (BNB) reported market capitalization, one might conclude that the token is the dominant asset when compared to other exchange tokens.Although there is no direct relationship between Binance's exchange volume (or revenue) and token economics, traders seem to use it as a proxy. The controversial burn mechanism has been losing impact…

Martha Reyes, head of research for Bequant, says that tokenizing trade finance assets can facilitate access to capital for SMEs. 308 Total views 26 Total shares Global trade and financing suffer from inefficiencies because of traditional infrastructures. However, according to Martha Reyes, the head of research at Bequant, crypto can fix this issue.In an interview…

Minterest aims to channel all fees, interest, and revenue back into the protocol for its users. 774 Total views 15 Total shares Decentralized finance protocol Minterest has just secured $6.5 million in funding for a long-term yield optimization platform.The private fundraising round was contributed to by a number of venture capital companies including KR1, DigiStrats,…

Bank of Russia’s crypto restrictions through MCC would unlikely affect exchanges that have been operating illegally so far. 1249 Total views 26 Total shares Amid the ongoing uncertainty about the future of cryptocurrencies in Russia, one local industry executive has disclosed a potential method for the Bank of Russia to block crypto transactions.Andrey Mikhaylishin, CEO…

As the decentralized finance (DeFi) ecosystem grows in size and influence, the question of how to best govern DeFi protocols has taken center stage. In crypto-native circles, decentralized autonomous organizations (DAOs) are far and away the most popular governance structures.DAOs are often touted as an all-in-one fix for everything from investor-manager alignment to regulatory risk.…

An ice cream shop in Berlin’s trendy Friedrichshain district has revealed that a chat with an unknown “super nice” guy spurred them to spearhead Bitcoin adoption with the local crowd.That unknown guy turned out to have been the legendary Bitcoin (BTC) evangelist and educator Andreas Antonopoulos, as a Nov. 21 Twitter thread from the retailer,…

Data from Arcane Research shows Bakkt Bitcoin exchange saw another record-high month from Sept. 20 to Oct. 20. This follows a noticeable rise in institutional demand for Bitcoin (BTC) from public companies in recent months.Bitcoin delivery on Bakkt. Source: ICE, Arcane ResearchBakkt, the digital asset payment platform and derivatives exchange, is tailored for institutional investors…

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