Wemix.fi suspends lending amid stablecoin liquidation issues
The issues with liquidating the WEMIX stablecoin were not detailed, but the blockchain game producer has problems enough to choose from.
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3 ways Bitcoin price and stocks may react to a Biden presidency
On Nov. 7 several major media outlets announced that after 4 days of rigorous vote-counting in key battleground states Joe Biden had managed to secure enough electoral votes to become the 46th President of the United States. As the excitement over an incredibly close election starts to abate, analysts will take a closer look at…

Texas proof-of-reserve bill passes through the Senate
The legislation would oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers.” 311 Total views 22 Total shares The legislation that could oblige exchanges to maintain reserves “in an amount sufficient to fulfill all obligations to customers” made it one step closer to reality in the state of Texas.…

Gitcoin Teams Up With ETCLabs for Crypto Bounty Payments in ETC
Crypto bounty payment platform Gitcoin announced it has enabled contributor payouts in Ethereum Classic (ETC).In partnership with Ethereum Classic Labs, bounty seekers now have the option to receive pay in ETC for their work on various open-sourced projects, Ethereum Classic Labs said in a March 16 announcement. The announcement was not clear on whether bounty hunters…

Blockchain could have prevented Nigeria’s naira scarcity — Local experts
According to Christopher Eniayemo, the decision to print new naira notes could have occurred via DeFi, involving Nigerians and aiding readiness for the change. 119 Total views 2 Total shares Blockchain technology can help solve economic problems in Nigeria and throughout the African continent, according to a group of local blockchain experts who cited Nigeria’s

Crypto Fund Manager Sued Over Alleged Fraud and Deception
A cryptocurrency investment management company allegedly lured investors into a fraudulent fund, using the capital for personal gain, according to new complaint. 646 Total views 29 Total shares Internet tech support and consulting player KDH Consulting Group recently filed an official complaint against crypto investment management firm Iterative Capital Management for alleged fraud and misdirection. Accusations include…

Price analysis 9/21: BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB
The Federal Reserve hiked rates by 75 basis points on Sept. 21 and Fed Chair Jerome Powell projected another 125 basis points increase before the end of the year. If that happens, it will take the benchmark rate to 4.4% by the end of the year, which is sharply higher than the June estimates of…

Small creditors put at risk by latest FTX bankruptcy development
The transfer of the bankruptcy claim from FTX EU Ltd. to FTXCREDITOR, LLC, could have significant impact on stakeholders.

South Korean Gov’t Partnership Begins Training 40+ Blockchain Professionals
South Korea has begun a six-month training course to turn forty-two applicants into “blockchain specialists,” local media report Monday, September 3.Aiming to increase the availability of skilled professionals in South Korea’s burgeoning blockchain economy, the course is the result of a three-way partnership between the Ministry of Technology and ICT, the Korean Standards Association (KSA)…