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Bitcoin ATMs Cross 10,000 Globally

17 Sep 2020 1 minute read 6 comments Abhimanyu Krishnan

The number of Bitcoin (BTC) ATMs present across the world has crossed the $10,000 market, according to data from Coin ATM Radar. A total of 10,0018 Bitcoin ATMs are present in 71 countries, according to the latest figures 3,885 Bitcoin ATMs were add...

Compound Launches Autonomous Proposals

17 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

On September 10, the Compound Finance (COMP) team unveiled a new feature called autonomous proposals which streamlines the proposal creation process. The Autonomous Proposal tool allows anyone holding 100 COMP or more to launch the autonomous propos...

Uniswap Launches Governance token UNI

17 Sep 2020 1 minute read 3 comments Abhimanyu Krishnan

Decentralized trading platform Uniswap has launched its highly anticipated governance token UNI on September 16. The governance token is bid by the team to make the platform more decentralized, with community governance arriving on launch Four liqui...

Kraken is the First Crypto Exchange to be Approved as a Bank in the US

17 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan

San Francisco based exchange Kraken has received approval from the Wyoming Banking Board to serve as a special purpose depository institution (SPDI), according to an announcement made on  September 16. The approval makes Kraken the first crypto exch...

MicroStrategy Buys 16,796 Bitcoins Worth $176M

16 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan

As revealed in a tweet posted on September 14, business intelligence company Microstrategy has bought an additional 16,796 Bitcoin (BTC), as CEO Michael Saylor changed his views on the asset. The company acquired an additional 16,796 BTC for $175 mi...

Crypto.com Integrates Chainlink for DeFi Wallet

16 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan

Crypto.com (CRO) has integrated decentralized oracle provider Chainlink (LINK) for its new DeFi service, according to a blog post published on September 14. The integration will provide decentralized price feeds for Crypto.com’s DeFi wallet Addition...

French Central Bank Will Use Tezos to Power Digital Euro Trials

16 Sep 2020 1 minute read 1 comment Abhimanyu Krishnan

According to a report published September 15, the French Central Bank will see Tezos (XTZ) power its Digital Euro trial, after selected candidates Societe Generale and Forge chose Tezos as the blockchain for the experiment.  Multinational investment...

EU Heavyweights Want Stablecoins to be Regulated Before Being Allowed to Operate

16 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Five major European nations have called for stablecoin regulations, as fears mount over state sovereignty and consumer protection, according to a Reuters report published on September 11. France, Germany, Italy, the Netherlands and Spain have all as...

Jim Cramer to Pomp: I am Fixated On Needing to Own Crypto

16 Sep 2020 1 minute read 4 comments Abhimanyu Krishnan

Mad Money host Jim Cramer has changed his stance on Bitcoin and cryptocurrencies, revealing on Anthony Pompliano’s podcast on September 14 that he now thinks that “gold is dangerous” and that he needs to own crypto. Cramer told Pompliano that the re...

DeFi Project Defrauds Investors of $20 Million

16 Sep 2020 1 minute read 0 comments Abhimanyu Krishnan

Liquidity mining pool project Yfdexf.Finance has pulled an exit scam, defrauding investors of $20 million, according to a report by ZyCrypto published on September 10. According to the report, Yfdexf.Finance had conducted a major advertising campaig...