Komainu targets Singapore custodian Propine for first acquisition
The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.
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Startup Vega Tests Blockchain Focused on Derivatives Trading Products
Blockchain startup Vega has launched the testnet for its protocol, which allows parties to build trading products on a decentralized network. Over the last two years, Vega has been “working on building a protocol that allows people to deploy and run networks that can trade decentralized derivatives effectively,” Vega co-founder Barney Mannerings told Cointelegraph in an…
Decentralized and centralized finance need to collaborate
Decentralized finance, or DeFi, has established itself as a force capable of disrupting traditional systems. While DeFi still mostly keeps opposing itself to traditional finance, the centralized operators are actively looking for ways to integrate into the established system. The institutional interest pushes both decentralized and centralized participants to ask questions about DeFi, its role…
Australian federal police to probe 2,000 exploited crypto wallets
Chainalysis’ Operation Spincaster found over 2,000 Australian-owned crypto wallets were hit by “approval phishing” scams.
New data suggests Bitcoin could see BTC price ‘double bubble’ top in 2021
The "Bitcoin Bubble Index" is heavily hinting that another BTC price local peak will come this year. 1955 Total views 4 Total shares Bitcoin (BTC) is facing a “double bubble” and will see two price tops this year, fresh data suggests.In a tweet on Aug. 18, Charles Edwards, CEO of investment firm Capriole, highlighted 2021…
What decentralization? Solend approves whale wallet takeover to avoid DeFi implosion
There’s more trouble in DeFi as Solend launches a spur-of-the-moment move to crack into a whale’s wallet. 811 Total views 8 Total shares On Sunday, the decentralized finance (DeFi) sector came under scrutiny again after DeFi protocol Solend put together a spur-of-the-moment governance proposal related to one of the whale wallets at risk of liquidation. The…
Pepe’s market cap sinks $1B in 5 days, some whales are still buying
Pepe has witnessed a 56% decline over the past 5 days, wiping a billion dollars from its total market cap. 466 Total views 6 Total shares The market cap of new memecoin Pepe (PEPE) has fallen $1.1 billion from its May 6 peak, though on-chain data shows it's still being bought by some crypto whales. Over…
Bitcoiners love dogs, gold bugs prefer cats — Important new research
Research has revealed crypto investors are more likely to be ‘dog people' while gold investors are more likely to be ‘cat people’. 190 Total views 5 Total shares New research from US crypto exchange Xcoins suggests gold investors are pretty evenly split between men and women, but men dominate the ranks of crypto investors by…
Bitcoin and Ethereum slow down as transaction values and fees plunge 70%
On-chain metrics for both cryptocurrencies show a marked decrease in the dollar value of transactions and the subsequent transaction fees. 2843 Total views 19 Total shares Bitcoin (BTC) and Ether (ETH) appear to be experiencing something of a slowdown, as on-chain data shows a dramatic decrease in the U.S dollar value of coins being sent…