Cryptocurrency
DAI Holders Can Now Earn 2% Interest On Coinbase
- Coinbase's new rewards program applies to customers residing in the U.S., U.K., the Netherlands, Spain, France and Australia.
- The exchange already offers similar programs for the USD Coin (0.15% APY) and the Tezos tokens (5% APY).
Chinese Police Arrest 27 Suspects Allegedly Behind PlusToken’s $5.7 Billion Bitcoin Scam
- This is the first time that Chinese police act to bring down a large-scale Ponzi scheme using BTC as a means of exchange.
- Investigators have so far uncovered 109 alleged leaders and core members, operating from countries all over the world.
Fireblocks Launches New Deposit Acceleration Program On FTX
- Zero-confirmation asset transfers will now be available to FTX users.
- Traders using exchanges onboarded to the program will be able to execute immediate transactions to escape the volatility of crypto markets.
Elliptic To Provide Crypto Surveillance Tools To LocalBitcoins
- The peer-to-peer exchange will now make use of Elliptic's Navigator risk analysis and Lens wallet screening tools.
- With these new tools, the exchange is trying to get rid of its reputation as one of the top destinations for dirty Bitcoin.
Revolut Adds Support For Stellar Lumens
- XLM is now available for trade on the platform along with six other major cryptocurrencies.
- Starting July 27, Revolut users will have full legal ownership of their digital assets.
Chainalysis Launches New Data & Insights Portal For Cryptocurrency Markets
- Market Intel's beta is now live and can be accessed for free, with metrics and insights across some of the major cryptocurrencies.
- The product is also powered by Chainalysis’ proprietary data, an established and trusted crypto dataset used by many financial institutions.
Celsius Closes Equity Funding Round With Over $18.8 Million Raised
- The blockchain-based financial services company completed their first equity round after previously raising $10 million from Tether.
- The company has vowed to give back 80% of all earned crypto interest in the future back to the community.
Crypto Custodian Anchorage Adds Litecoin Support
- Litecoin has become the 27th digital asset available for storage and trading on Anchorage's platform.
- By listing the asset, Anchorage will meet the needs of a "sizable group" of institutional investors interested in Litecoin.
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.
Bitcoin Suisse Completes Series A Funding, Raises $48 Million
- The swiss crypto operator also added two new members to the Board of Directors.
- Moreover, the company’s Chief Executive also announced an upcoming Security Token Offering.
Users Can Now Purchase Crypto Directly From Opera
- Opera users in the U.K. can now purchase cryptocurrencies directly with their bank accounts, or through banking app Revolut.
- The Norwegian browser company also revealed its crypto wallet usage numbers, claiming it has over 170,000 monthly active users.
Steve Wozniak Sues YouTube Over Bitcoin Scams
- Woz accuses YouTube of using his name and likeness to profit from bitcoin scams.
- He filed a complaint, claiming that the company has violated his right of publicity and aided fraudulent activities on the platform.
20% Tax On Crypto Proposed In Korea
- If approved, crypto trading profits above 2.5 million KRW (~$2,000) will be taxed at 20% starting October 2021.
- Non-residents and foreign corporations that trade on South Korean exchanges will also be taxed.
Developers Release Info About The Final Ethereum 2.0 Pre-Launch Testnet
- The developer team behind Ethereum 2.0 released detailed specification of the last pre-launch version of the network.
- They also shared attacknets guidelines for stress testing the network, with bounties of up to $5,000.