Latest Updates
Brave Search: Privacy-Focused Alternative to Google
- Brave Search will use Tailcat's technology, which Brave acquired recently, to provide its users with privacy and transparent web surfing.
- Tailcat is built on top of a completely independent index and does not collect IP addresses or personal data to improve search results.
Latest Updates
SEC Lawsuit Has Not Affected Ripple’s Business in Asia
- While exchanges in the U.S. have decided to delist XRP, Ripple's business in the Asia Pacific region continues to grow, thanks to "regulatory clarity".
- The firm has already moved to file a motion to dismiss the SEC lawsuit, arguing that FinCEN had previously classified XRP as a virtual currency.
Binance Smart Chain Project Drained of $32M in Suspected Rug Pull
- Meerkat Finance has claimed on its Telegram channel that the $32 million loss was caused by an unknown hacker.
- Piling evidence, however, suggest the team behind the project had ran away with all the funds, in what could be the largest "rug pull" on the BSC.
Ripple to Enter CBDC Race With Private Version of XRP Ledger
- The firm has stated that transactions through its CBDC Private Ledger will be "cost-effective, reliable, and close to instantaneous".
- Ripple further claimed central banks will have complete sovereignty and ability to customize their CBDC through its private ledger.
How to Farm BNT on Bancor – The Simple Guide
- Bancor's liquidity mining program offers lucrative APYs, impermanent loss protection, and single-sided exposure.
- We explain how Bancor works, how its liquidity mining program works, and how to farm BNT rewards on the platform.
Amazon’s Managed Blockchain Now Supports Ethereum
- Amazon Web Services will not only give its customers access to the Ethereum mainnet, but to the Ropsten and Rinkeby testnets as well.
- Amazon Managed Blockchain will also monitor the health of nodes, removing the unhealthy ones, and automate Ethereum upgrades.
Buterin Proposes Cross-Rollup Communication Solution
- Vitalik Buterin's proposal suggests two protocols using rollups can interact with each other without damaging their interconnectivity.
- Buterin’s proposal assumes that one rollup can process only simple transactions, while the other has full smart contract support.
Alpha Homora to Launch on Binance Smart Chain
- Alpha Homora's launch on Binance Smart Chain is part of its plan to embrace a “multi-chain future.”
- The blockchain-agnostic protocol already runs on Ethereum, but is considering other networks and Layer2 solutions as well.
CBDC Payments Network Launched by Roxe
- Roxe has claimed its platform will enable banks to issue, manage and distribute CBDC across the globe.
- By running the platform on top of the Roxe Instant Settlement Network, the company enables CBDCs to interoperate with "every other Roxe network member".
Editors' Picks
The Rise of Bancor
- The exchange was the first to prove the feasibility of AMM, but has since struggled to compete with other DeFi platforms.
- However, through the introduction of several smart features and innovations, notably single-sided exposure, Bancor is surging among the DeFi ranks.
Tesla Invests $1.5B in Bitcoin, Plans to Add Crypto Payments
- Following the news about Tesla's investment, BTC surged over 15% reaching a new ATH.
- Under its new investment strategy, the company might acquire and hold more cryptocurrencies in the future.
How to Farm SUSHI on SushiSwap: Step-by-Step Guide
- We explain how SushiSwap works, and how to join a liquidity pool and start farming SUSHI tokens.
- We also cover the use of handy DeFi tools that will help you stay on top of your portfolio.
Timeline of Notable Central Bank Digital Currency Events in 2020
- Although most countries are still not certain whether CBDC is necessary, research of the technology has escalated.
- China and its digital yuan are leading the race in terms of testing, but The Bahamas were the first country to issue a CBDC (the "Sand Dollar") beyond a pilot program.
Satoshi Used Timestamps For Early Bitcoin Source Code Versioning
- We analyse early Bitcoin source code archives - a preliminary version from November 2008, 0.1.0 (both RAR and TGZ), and 0.1.3.
- We conclude that Satoshi used timestamps as a versioning scheme, before the SourceForge repository was established in mid-2009.
Opinion
The Blockchain-Enabled Elections Of The Future
- We now have the technology to immutably store and process data in a trustless environment, yet we still resort to paper ballots as the fundamental ingredient for elections.
- In a blockchain-enabled future, voting will be as simple as withdrawing money from an ATM, and processing election results will be finished in minutes.
Opinion: How Will Crypto Markets React To The Second Wave Of COVID-19?
- As several countries have already entered the second period of lockdown, many parts of the world are bracing for a long winter of isolation.
- How will this affect crypto markets this time around, and how will it differ from the first lockdown?
Opinion: Why The $100,000 Harvest Finance Bounty Is Absurd
- Only if we put ourselves in the shoes of the attacker can we find a possible angle of negotiation in a bid to recover more from the 13 million USDC and 11 million USDT that were profited from the arbitrage scheme.
- Although the Harvest Finance team has acted responsibly in the face of an unprecedented-to-the-project crisis, their bounty reward initiative is naive.
Opinion: The Impact Of PayPal Entering The Crypto Market
- PayPal will expose cryptocurrency access to its 346 million user base and 26 million merchants worldwide.
- The news is a stamp of mainstream approval on cryptocurrency, but doesn't come without its downsides, including asset encapsulation and centralization, the latter seen by many as the enemy of what Bitcoin stands for.
The Crypto Market Is Preparing For Ethereum 2.0
- Several delays and a couple years of flying under the radar have set up Ethereum's Beacon Chain as a catalyst to a possible crypto market renaissance.
- Phase 0 launch is just around the corner and the market is preparing for the expected increase in demand for ETH.
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In Other News
BadgerDAO Launches BTC Bridge Powered by RenVM
- The Badger Bridge will enable users to user their BTC to mint renBTC and wBTC directly onto the BadgerV2 App.
- The integration with RenVM will further Badger's mission to become the one stop shop for all things Bitcoin, and lay the ground for new Badger products.
Bancor TVL Crosses $1 Billion, Community Votes on Extending Liquidity Mining Programs
- The Bancor community is voting to extend the existing liquidity mining programs via two new proposals --- BIP 13 and BIP 14.
- The former pertains to the LINK, WBTC, and ETH pools, while the latter pertains to the stablecoin pools.
Crypto.com, an Unexpected Sponsor of Aston Martin’s Formula One Team
- After a 61 year absence from the F1 scene, Aston Martin is finally making a comeback with an unlikely sponsor, Crypto.com.
- While the details of the partnership were not revealed, Crypto.com's logo is likely to appear during the upcoming F1 season.
2 Validators Responsible For Fantom’s Outage
- The two validators, that slowed down their rate of emissions and caused the outage, represented one-third of the FTM staked on the platform.
- In order to fix the issue permanently, Fantom's core developers could soon propose to lower the amount of FTM tokens required to set up a validator node.
Atari is Moving to Ethereum Layer 2 With Polygon Partnership
- The game developer hopes to make its ATRI token more scalable through Polygon’s Layer 2 solution, which is interoperable with Ethereum via the Polygon bridge.
- Atari further plans to launch an NFT minter on Polygon, enabling all developers to issue their own NFT tokens.
How to Work With MetaMask – The Simple Guide
- MetaMask offers the most convenient way of interacting with dapps.
- We explain how the browser extension works, how to set it up, and how to use it to interact with various blockchains.
Cardano’s Mary Protocol Upgrade Scheduled For 1 March
- Goguen, Cardano's smart contract era, is set to launch on mainnet on 1 March.
- The Mary upgrade will introduce native tokens and multi-asset support to Cardano.
Craig Wright Claims Ownership of Stolen BTC From Mt. Gox, Receives Legal Notice From Victim
- The self-proclaimed creator of Bitcoin has claimed someone stole the private keys to wallets containing 110,000 BTC, which have been connected to the Mt. Gox hack.
- A victim of the hack has sent legal notice to Wright, saying he may take legal action against Wright if he admits ownership of the 1Feex wallet, and demand compensation.
Loopring Emerging as Leading Ethereum Layer 2 Solution
- The success of Loopring V2 pushed LRC to rise almost 400% this year.
- The exchange's new tokenomics, alongside features like the red packets, have made it a leading Layer2 DEX on Ethereum.
SEC Lawsuit Has Not Affected Ripple’s Business in Asia
- While exchanges in the U.S. have decided to delist XRP, Ripple's business in the Asia Pacific region continues to grow, thanks to "regulatory clarity".
- The firm has already moved to file a motion to dismiss the SEC lawsuit, arguing that FinCEN had previously classified XRP as a virtual currency.
Binance Smart Chain Project Drained of $32M in Suspected Rug Pull
- Meerkat Finance has claimed on its Telegram channel that the $32 million loss was caused by an unknown hacker.
- Piling evidence, however, suggest the team behind the project had ran away with all the funds, in what could be the largest "rug pull" on the BSC.
Ripple to Enter CBDC Race With Private Version of XRP Ledger
- The firm has stated that transactions through its CBDC Private Ledger will be "cost-effective, reliable, and close to instantaneous".
- Ripple further claimed central banks will have complete sovereignty and ability to customize their CBDC through its private ledger.
How to Farm BNT on Bancor – The Simple Guide
- Bancor's liquidity mining program offers lucrative APYs, impermanent loss protection, and single-sided exposure.
- We explain how Bancor works, how its liquidity mining program works, and how to farm BNT rewards on the platform.
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Brave Search: Privacy-Focused Alternative to Google
- Brave Search will use Tailcat's technology, which Brave acquired recently, to provide its users with privacy and transparent web surfing.
- Tailcat is built on top of a completely independent index and does not collect IP addresses or personal data to improve search results.
Amazon’s Managed Blockchain Now Supports Ethereum
- Amazon Web Services will not only give its customers access to the Ethereum mainnet, but to the Ropsten and Rinkeby testnets as well.
- Amazon Managed Blockchain will also monitor the health of nodes, removing the unhealthy ones, and automate Ethereum upgrades.
Crypto.com, an Unexpected Sponsor of Aston Martin’s Formula One Team
- After a 61 year absence from the F1 scene, Aston Martin is finally making a comeback with an unlikely sponsor, Crypto.com.
- While the details of the partnership were not revealed, Crypto.com's logo is likely to appear during the upcoming F1 season.
Atari is Moving to Ethereum Layer 2 With Polygon Partnership
- The game developer hopes to make its ATRI token more scalable through Polygon’s Layer 2 solution, which is interoperable with Ethereum via the Polygon bridge.
- Atari further plans to launch an NFT minter on Polygon, enabling all developers to issue their own NFT tokens.
Alameda Research Invests $35M in Fantom Foundation
- Alameda's investment will see the company run a validator node on top of Fantom.
- Fantom has just integrated with The Graph, providing Alameda with significant stake in the querying protocol.
SEC Lawsuit Has Not Affected Ripple’s Business in Asia
- While exchanges in the U.S. have decided to delist XRP, Ripple's business in the Asia Pacific region continues to grow, thanks to "regulatory clarity".
- The firm has already moved to file a motion to dismiss the SEC lawsuit, arguing that FinCEN had previously classified XRP as a virtual currency.
FATF to Update “Travel Rule” Guidance
- The Financial Action Task Force will be looking to consult "key industry players" regarding its updated guidance.
- Feedback from the public consultation will form part of its final guidance on cryptos and VASPs, which is expected to be approved in June 2021.
European Central Bank Wants Stablecoin Veto Power
- The European Central Bank also wants stablecoin issuers to meet the same "rigorous liquidity requirements" as banks.
- The central bank has urged the EU to ensure its ruling be made binding on all national authorities in the Euro Zone.
Exchanges Concerned About Hong Kong’s Retail Crypto Trading Ban
- Part of an effort to comply with FATF recommendations, Hong Kong's new proposal could ban retail investors from trading crypto.
- A group representing major exchanges has argued the bill would push traders to unlicensed and unregulated offshore platforms.
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CRYPTOCURRENCY
Binance Smart Chain Project Drained of $32M in Suspected Rug Pull
- Meerkat Finance has claimed on its Telegram channel that the $32 million loss was caused by an unknown hacker.
- Piling evidence, however, suggest the team behind the project had ran away with all the funds, in what could be the largest "rug pull" on the BSC.
How to Farm BNT on Bancor – The Simple Guide
- Bancor's liquidity mining program offers lucrative APYs, impermanent loss protection, and single-sided exposure.
- We explain how Bancor works, how its liquidity mining program works, and how to farm BNT rewards on the platform.
Alpha Homora to Launch on Binance Smart Chain
- Alpha Homora's launch on Binance Smart Chain is part of its plan to embrace a “multi-chain future.”
- The blockchain-agnostic protocol already runs on Ethereum, but is considering other networks and Layer2 solutions as well.
Binance Smart Chain Project Drained of $32M in Suspected Rug Pull
- Meerkat Finance has claimed on its Telegram channel that the $32 million loss was caused by an unknown hacker.
- Piling evidence, however, suggest the team behind the project had ran away with all the funds, in what could be the largest "rug pull" on the BSC.
Kraken Claims Trading Engine Processed Orders Correctly
- The exchange has claimed the massive ETH selloff on Monday, which saw the price of the currency drop to $700, was not an error.
- Kraken's CEO went as far as to say the crash could have been caused by a single big investor who decided to "dump his life savings".
Bitfinex, Tether to Cease Operations in NY, Pay $18.5M Fine
- After settling with the Office of the New York Attorney General, Bitfinex and Tether were ordered to introduce transparency measures.
- Alongside a hefty fine, the companies will have to ensure the OAG that their corporate and client accounts remain segregated.
European Central Bank Wants Stablecoin Veto Power
- The European Central Bank also wants stablecoin issuers to meet the same "rigorous liquidity requirements" as banks.
- The central bank has urged the EU to ensure its ruling be made binding on all national authorities in the Euro Zone.
Bitfinex, Tether to Cease Operations in NY, Pay $18.5M Fine
- After settling with the Office of the New York Attorney General, Bitfinex and Tether were ordered to introduce transparency measures.
- Alongside a hefty fine, the companies will have to ensure the OAG that their corporate and client accounts remain segregated.
BadgerDAO Launches CLAWS, a Stablecoin With Expiration Date
- Users will be able to earn multiple forms of yield by using CLAWS as the base asset.
- The newly launched yield dollar can be collateralized with bBadger and wBTC/ETH SLP and is set to expire at $1.
BadgerDAO Launches BTC Bridge Powered by RenVM
- The Badger Bridge will enable users to user their BTC to mint renBTC and wBTC directly onto the BadgerV2 App.
- The integration with RenVM will further Badger's mission to become the one stop shop for all things Bitcoin, and lay the ground for new Badger products.
Craig Wright Claims Ownership of Stolen BTC From Mt. Gox, Receives Legal Notice From Victim
- The self-proclaimed creator of Bitcoin has claimed someone stole the private keys to wallets containing 110,000 BTC, which have been connected to the Mt. Gox hack.
- A victim of the hack has sent legal notice to Wright, saying he may take legal action against Wright if he admits ownership of the 1Feex wallet, and demand compensation.
MicroStrategy Purchases Additional $1B Worth of Bitcoin
- This is MicroStrategy's fourth and largest Bitcoin purchase to date.
- Unlike previous investments, the latest $1 billion purchase was made in cash.
Amazon’s Managed Blockchain Now Supports Ethereum
- Amazon Web Services will not only give its customers access to the Ethereum mainnet, but to the Ropsten and Rinkeby testnets as well.
- Amazon Managed Blockchain will also monitor the health of nodes, removing the unhealthy ones, and automate Ethereum upgrades.
Buterin Proposes Cross-Rollup Communication Solution
- Vitalik Buterin's proposal suggests two protocols using rollups can interact with each other without damaging their interconnectivity.
- Buterin’s proposal assumes that one rollup can process only simple transactions, while the other has full smart contract support.
Atari is Moving to Ethereum Layer 2 With Polygon Partnership
- The game developer hopes to make its ATRI token more scalable through Polygon’s Layer 2 solution, which is interoperable with Ethereum via the Polygon bridge.
- Atari further plans to launch an NFT minter on Polygon, enabling all developers to issue their own NFT tokens.
SEC Lawsuit Has Not Affected Ripple’s Business in Asia
- While exchanges in the U.S. have decided to delist XRP, Ripple's business in the Asia Pacific region continues to grow, thanks to "regulatory clarity".
- The firm has already moved to file a motion to dismiss the SEC lawsuit, arguing that FinCEN had previously classified XRP as a virtual currency.
Ripple to Enter CBDC Race With Private Version of XRP Ledger
- The firm has stated that transactions through its CBDC Private Ledger will be "cost-effective, reliable, and close to instantaneous".
- Ripple further claimed central banks will have complete sovereignty and ability to customize their CBDC through its private ledger.
LuLu Exchange, Federal Bank, Ripple Partner to Offer UAE-India Remittances
- UAE-based LuLu Exchange and Indian Federal Bank will establish a remittance corridor between the two countries.
- The corridor will use RippleNet Cloud to make cross-border payments faster, cheaper, and more reliable.
Mysterious Miner Threatens The Existence Of Bitcoin Cash ABC
- Transactions on the ABC chain are only let through if they contain the following message in their op_return: "There was never a funding problem."
- The occasional block mined by ViaBTC mostly contains spam transactions, making transacting on the network next to impossible.
Bitcoin Cash Splits, Again
- The outcome of the contentious fork appears to be a massive win for the new BCHN implementation.
- BCHA, while still alive and kicking, appears to only catch 5% of the coin's value. alongside less than 0.1% of the total SHA256 hash rate.
Timeline: Craig Wright’s Story So Far
- Though the Australian has claimed, multiple times, that he is Satoshi Nakamoto, he has yet to provide any concrete proof.
- Wright's story has been revolving mostly around the debunking of multiple "proofs" of him being Satoshi, his role in the Bitcoin Cash split, a multi-billion dollar lawsuit, and his patent trolling company.
Chainlink Awards Grant For xDai Integration
- Protofire will use the grant for a native integration of Chainlink's oracle technology into xDai Chain.
- Being both a validator and core developer of the xDai technology stack made the firm an excellent candidate for the grant.
Unibright Announces New Token Model For UBT, Upgrades Payments System
- The new UBT token will be used as “integration gas” for Unibright services, calculated and managed by Provide Payments.
- Users will be able to buy the assets either directly from Provide or from exchanges and will have to transfer them to Unibright’s hot wallets in order to use their platform.
Ocean Protocol Forks To Retrieve 21 Million OCEAN Stolen From KuCoin
- The organization encourages members of its community to support the hard fork.
- Users who want to transact with their OCEAN tokens will have to use different means in order to do so as it will take time for third-party providers to integrate with the new contract.
Bitcoin.com Will Host the Ideaology IEO
- The Ideaology crowdsale will be the second one hosted by exchange.bitcoin.com, after the successful IEO of Atari's very own ATRI token last year.
- The IDEA token will be native to a platform for freelance workers, with an integrated digital marketplace and an Idea launch-pad.
After a Successful IEO, The Atari Token Is Now Trading Live
- ATRI's initial live trading price is revolving around the IEO price, providing an opportunity for people who didn't pass KYC to purchase the tokens.
- The IEO lasted slightly more than 24 hours before reaching its hard cap of $1,000,000.
Gaming Giant Atari To Launch An IEO On Bitcoin.com
- The asking price during the IEO will be more than 3 times higher than the price in the first presale round.
- The token will be used for payments in video games and DeFi use cases are also possible in the future.
Founder of Centra Tech Sentenced to Prison for ICO Scam
- Robert Farkas was sentenced to one year in prison for conducting an illegal ICO.
- Farkas and other Centra Tech founders defrauded investors out of $25 million in 2017.
U.S. Court Orders Blockvest to Pay $700K
- The firm had made false claims to have received regulatory approval from various agencies, one of which was fabricated.
- Blockvest and its founder will need to pay $696,000 in civil penalties, and abide by a number of restraints and conditions moving forward.
Kik & SEC Jointly Propose $5 Million Settlement To End ICO Lawsuit
- The proposed joint settlement is not final, and still requires approval from presiding judge Alvin Hellerstein.
- If approved, the settlement will enjoin the firm against future securities law violations, and make it pay a $5 million fine.
BUSINESS
Crypto.com, an Unexpected Sponsor of Aston Martin’s Formula One Team
- After a 61 year absence from the F1 scene, Aston Martin is finally making a comeback with an unlikely sponsor, Crypto.com.
- While the details of the partnership were not revealed, Crypto.com's logo is likely to appear during the upcoming F1 season.