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Tether’s Offshore Bank Invested in Bitcoin for Clients

15 Jan 2021 1 minute read 4 comments author_nan

Deltec, the offshore bank of which Tether is a client, purchased a large amount of Bitcoin for clients, according to one executive who spoke about the investment in a video on Jan. 13. Hugo Rogers, Chief Investment Officer of Deltec, said in a 2020...

Ledger Owners Get Threats After Data Leak

15 Jan 2021 1 minute read 0 comments author_nan

Owners of Ledger wallets whose personal information was compromised in the Jun. 2020 leak have begun receiving threats from malicious actors who hold the information.  One Reddit users, Cryptohomie, said that his father had received an email from on...

Paxos Partners with Chainlink to Boost DeFi Adoption

15 Jan 2021 1 minute read 2 comments author_nan

Paxos (PAX) has partnered with oracle provider Chainlink (LINK) to boost the adoption of its assets in the DeFi market, as revealed in a press release issued on Jan. 14. The initial integration sees the DeFi market gets price feed data on Paxos (PAX...

Bitcoin is a "Funny Business'' Says ECB President

15 Jan 2021 1 minute read 4 comments author_nan

European Central Bank (ECB) President Christine Lagarde, speaking at a Reuters Next conference on Jan. 13, said that global regulation for bitcoin is necessary because it conducts “funny business.” Lagarde said that the asset was been used in “total...

Cloudfare Partners with Ethereum Name Service, Launches Distributed Web Gateway

14 Jan 2021 1 minute read 7 comments author_nan

Web security firm Cloudfare has partnered with Ethereum Name Service, according to a blog post published on Jan. 13. The result of the partnerships is a distributed web gateway. ENS will transfer its ENS + IPFS gateway service from eth.link to a dis...

Synthetix Details 2021 Development Agenda

14 Jan 2021 1 minute read 0 comments author_nan

Synthetix founder Kain Warwick, in a detailed blog post published on Jan. 12, explained the planned development roadmap and priorities for the project in 2021. Warwick opens the 2500 word post by saying that while the roadmap is his only his thought...

Grayscale is Dissolving XRP Trust

14 Jan 2021 1 minute read 4 comments author_nan

Grayscale Investments announced that it will be dissolving its XRP Trust as a result of the SEC lawsuit filed against Ripple, according to a press release issued on Jan. 13 Grayscale’s is dissolving the trust because it is concerned that, as multipl...

Aragon's CEO Resigns

13 Jan 2021 1 minute read 0 comments author_nan

Jorge Izquierdo has resigned from his position as Aragon One CEO, he announced via Twitter on Jan. 11. Izquierdo decision was a result of disagreements with respect to governance decisions made in the Aragon Association The former CEO will continue...

Winklevoss Brothers Convince Miami's Mayor on Crypto

13 Jan 2021 1 minute read 0 comments author_nan

Cameron and Tyler Winklevoss have been pitching Bitcoin and cryptocurrencies to Miami Mayor Francis Suarez, according to a tweet posted by the mayor on Jan. 12. Miami Mayor Francis Suarez posted a video on Twitter that showed him talking to the Wink...

Bancor's Solution for Impermanent Loss Brings Positive Results

13 Jan 2021 1 minute read 2 comments author_nan

On Jan. 12, the Bancor Network (BNT) team offered an update on how the v2.1 upgrade has impacted performance. In particular, its swap fees massively surpass impermanent loss compensation, bringing profits for the protocol, BNT holders and liquidity p...