Telegram Tech Promised In ICO Vulnerable to Attack, Researchers Say
Telegram has put out its first app since its ICO, but that identity play has security researchers reeling.
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Loom Network Is Bringing DeFi to Tron, Binance Chains
news MakerDAO’s Dai stablecoin will be implemented on the tron and binance chains in the near future through Loom Network, a Layer 2 scaling solution for the ethereum blockchain, according to a company blog posting today. As an ERC-20 token, Dai is part of the ethereum blockchain. As the largest DeFi token with over $337 million…

Bitcoin Edges Below $28K as Investors Eye US Debt Ceiling Progress
Bitcoin (BTC) fell below $28,000 during U.S. trading hours on Tuesday but then steadied as investors monitored progress on a debt ceiling deal, whose passage remained likely but not assured.The largest cryptocurrency by market capitalization was recently trading at around $27,740, up 0.1% over the previous 24 hours, although slightly down from its higher perch…

U.S. Added 142K Jobs in August, Likely Setting Stage for 25 Basis Point Rate Cut
The U.S. posted August job growth of 142,000, slightly less than expected, but the unemployment rate dipped to 4.2% Sizable downward revisions to the July and June reports made the employment picture somewhat weaker than previously thought Under sizable pressure all week, bitcoin bounced following the report U.S. job growth was slightly less than expectations

MakerDAO Passes $1 Billion Milestone in DeFi First
Jul 27, 2020 at 09:40 UTCUpdated Jul 27, 2020 at 09:43 UTCMaker Foundation CEO Rune Christensen (CoinDesk archives)The total value of cryptocurrency locked in decentralized finance’s (DeFi) oldest project has surpassed $1 billion for the first time. MakerDAO, which is also the sector's largest protocol by a margin of $271 million locked in, crossed above…

New Non-Custodial Crypto Exchange ‘Brings Bitfinex Liquidity to EOS’
Oct 7, 2020 at 13:00 UTCUpdated Oct 7, 2020 at 13:16 UTC(Gumenyuk Dmitriy/Shutterstock)New Non-Custodial Crypto Exchange ‘Brings Bitfinex Liquidity to EOS’Eosfinex, a non-custodial digital asset exchange, has launched a beta version of its mainnet, saying it brings liquidity from the Bitfinex cryptocurrency exchange to the EOS community.Direct access to Bitfinex's liquid markets will provide an…

U.S. Added 206K Jobs in June as Unemployment Rate Rose to Highest Since November 2021
The U.S. employment market remained reasonably strong in June, with the U.S. Bureau of Labor Statistics reporting Friday the addition of 206,000 jobs, down from May's 218,000 (revised from an originally reported 272,000) but modestly topping economist estimates for 190,000. The unemployment rate in June rose to 4.1% versus 4.0% in May and forecasts for

Trading Platform Talos Adds Crypto Market Liquidity in Tie Up With Keyrock
The tie-up with Keyrock, based in Brussels, “helps provide our clients with deeper liquidity as the institutional adoption of digital assets continues to grow,” said Frank van Zegveld, head of Europe, Middle East and African (EMEA) sales at Talos.

A16z, Binance and More Back Oasis Labs’ New Blockchain Startup Program
Blockchain startup Oasis Labs has teamed up with some notable venture capital firms and hedge funds to launch a new technology startup program. Announced Tuesday, the Oasis Startup Hub will focus on aiding firms building "privacy-first computing on blockchain" platforms, according to a press release. Accel, a16z crypto, Binance Labs, Pantera Capital and Polychain Capital will…