‘PolitiFi’ tokens surged 667% so far this year, outperforming all memecoins

Bitcoin (BTC) has been volatile in the past few days but the long-term investors seem to be using the current weakness to buy. According to Whale Alert and CryptoQuant, about 30,000 BTC left Coinbase and was deposited in an unknown wallet. It is speculated to be a genuine purchase and not an in-house transaction.Although investors may…

The recent Tether burn seems to have involved a lot of trust between Binance and its counterparties. On August 20, a Tether swap worth $1 billion happened — it involved Binance, Bitfinex, and a major fire dumpster on TRON (TRX) blockchain.  Tether flows. Source: Flipside Crypto.From time to time, the news of Tether burning some…

Hong Kong police have issued a warning concerning a recent Binance phishing scam targeting Hong Kong users of the platform. 246 Total views 17 Total shares Hong Kong’s police force has raised the alarm after 11 Hong Kong-based Binance customers were targeted in a wave of phishing scams sent through text messages.Hong Kong police warned

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Big Four auditing firm Ernst & Young (EY) has launched a blockchain platform for public funds meant to enhance transparency.Technology news outlet Verdict reported on the launch on Oct. 16. The OpsChain Public Finance Manager (PFM) system enables transparent tracking of public budgets and expenditures viewable by all citizens. PFM will also reportedly enable public funds…

The Office of the Comptroller of the Currency highlighted the “emerging divide” between crypto and tokenization and strongly criticized crypto for being “marked by rampant scams.“ 173 Total views 2 Total shares The United States Office of the Comptroller of the Currency (OCC), an independent bureau of the U.S. Treasury Department that supervises national commercial

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.Over two weeks after Curve Finance’s multiple pool exploits, the DeFi protocol has assured the hack victims that it is assessing each impacted user for reimbursement. This comes…

Major cryptocurrency lending company BlockFi has added support for two new assets to its list of supported digital currencies.According to a press release shared with Cointelegraph on Jan. 8, the firm has added major altcoin Litecoin (LTC) and USD Coin (USDC) — the dollar-backed stablecoin from major United States-based cryptocurrency exchange Coinbase. The new additions mean…