Where And Why Cryptocurrency Should Be Legally Recognized

Advantages of cryptocurrencies over fiat money Most of the world’s central banks cautiously introduce crypto-currencies into legislation and just consider the idea of making them official. At the same time, El Salvador has taken a big step forward and became the first in the world to declare Bitcoin legal tender. The law was enacted on September 7, 2021, and from […]

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New SEC General Counsel Paid By Citi and Citadel

Dan M. Berkovitz, the newly appointed General Counsel at the Securities and Exchanges Commission (SEC) has received more than $2 million from banks, including Citigroup and Citadel. Fresh out from his position as General Counsel at the Commodities Futures Trading Commission (CFTC), at the same time as Gary Gensler was its chair from 2009 to 2013, Berkovitz went to work […]

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Coinbase To Be Acquired By A Big Traditional Bank In The Future, SkyBridge's Scaramucci Predicts

The head of the New York-based investment firm SkyBridge Capital has said that in the future, traditional banks may be eyeing the leading cryptocurrency exchange firm Coinbase. Scaramucci believes traditional firms will take interest in Coinbase-like ventures Anthony Scaramucci made this known in an interview with Bloomberg, in which he predicted that one of the leading banks will eventually buy […]

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Panther and NEAR Protocol announce partnership to develop privacy preserving tech in…

Midtown, Gibraltar, 30th September, 2021, Panther envisions a world where DeFi and Web3 users can enjoy a decentralized world without surveillance. Where privacy features are available in dApps and protocols by default. Where all EVM compatible blockchains are connected through a privacy layer, but at the same time allowing users to share data with counterparties as they see fit, balancing […]

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Compound supply bug mistakenly rewarded users with $70M in tokens

Decentralized finance (DeFi) interest rate protocol Compound Finance has reported a token distribution bug within its newly implemented Proposal 062, which is over-rewarding suppliers into the tens of millions of dollars.  The upgrade was designed to “split COMP rewards distribution and bug fixes” and was fully verified without issues. However, within hours, the team noted “unusual activity,” stating that “Compound […]

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EOS Price Analysis: Bulls Facing Uphill Task Near $4.40

EOS price is trading in a bearish zone below $4.00 against the US Dollar, similar to bitcoin. The price could recover if it manages to clear the $4.40 resistance. EOS Price Analysis This past week, EOS price saw a major decline from well above the $5.00 resistance zone against the US Dollar. The price declined below the $4.50 support level […]

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LMAX Exchange Sees 37% Jump in 2020 Revenue

LMAX Limited, which is operating with the tradename LMAX Exchange, has published its financials for 2020, ending on December 31, showing an excellent jump in global institutional forex trading volume. According to the latest Companies House filing, the trading volume on the exchange jumped 34 percent in a year to touch $4.2 trillion. The climb in trading has also pushed […]

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