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DeFi sector funds

The volume of assets in DeFi-protocols exceeded $4 billion

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The total amount of funds frozen in the services of the decentralized finance (DeFi) sector exceeded $4 billion. The most popular asset remains Maker, whose dominance index is over 30%. According to the latest data, Maker accounts for $1.23 billion of all funds held in smart contracts, protocols,...

Twitter hack Graham Clark

17-year-old teen arrested on suspicion of Twitter hack

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US police have detained 17-year-old Tampa resident Graham Clark, accusing him of involvement in the recent attack on the social network Twitter and the fraudulent distribution of bitcoin. This was announced by the local television channel WFLA. Graham Clark is suspected of involvement in the attack...

On digital financial assets law

Russian president signed law "On digital financial assets"

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President of Russia, Vladimir Putin signed the law "On digital financial assets (DFA)", which regulates the circulation of crypto coins in the country. It will enter into force on January 1, 2021. The law defines a digital asset (tokens and stablecoins) as a right to a monetary claim or...

MoneyGram Ripple

MoneyGram received $15 million from Ripple

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The money transfer service MoneyGram received $15.1 million in XRP from the fintech startup Ripple, according to the company's second-quarter report. Adjusted for mutual transactions, the amount of incentives received from the strategic partner is estimated at $6.3 million. In the first quarter,...

Bitcoin commission

The average commission on Bitcoin network increased by 752%

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The average commission on the Bitcoin network has increased by 752%, according to blockchain reviewer bitinfocharts.com. On July 28, sending a bitcoin transaction cost $5.8. A month ago, this indicator was at $0.68. The maximum commission in the network of the first cryptocurrency was in December...

Chainlink Zeus Capital

Crypto bloggers offered 5 BTC to negatively review Chainlink

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Famous individuals in the crypto world received messages on behalf of the British investment bank Zeus Capital with a proposal to post negative information about the Chainlink project for a fee. Twitter users with a large audience received promotional offers. Among them are analyst Josh Rager,...

Philippines CBDC

The Bank of the Philippines wants to issue its CBDC

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The Philippine Central Bank has set up a working group to study the need and possible implications of issuing own digital currency (CBDC). Bloomberg reports about it with reference to the statement of Benjamin Diokno the head of the CB. A further decision on the release of CBDC will be made after...

China mining Ethereum

A shortage of graphics cards: Chinese can't mine Ethereum

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Against the background of the rise in the price of Ethereum to $330, Chinese miners became interested in mining the second-largest cryptocurrency in terms of capitalization. However, their plans were in jeopardy due to a shortage of video cards and an increase in their cost, writes 8btc. As a local...

Synthetix DAO

DeFi project Synthetix switched to decentralized management

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Synthetix, the largest decentralized derivatives platform, has moved to a decentralized governance model. This is reported in the project's blog. Now the organization behind the project, the Synthetix Foundation, is to be liquidated. Instead, governance will shift to three Decentralized Autonomous...

Abra earn crypto

Abra users will be able to earn up to 9% per annum on crypto

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Abra platform added the ability to earn up to 9% per annum on deposits in cryptocurrency and stablecoins. According to the information on the company's website, the stablecoins TrueUSD (TUSD), Tether (USDT), and USD Coin (USDC) bring the greatest returns - 9% per annum. The annual return on...

Tron vs Ethereum

Tron vs Ethereum: which is better?

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In addition to TRON, there are other platforms with similar functionality to Ethereum - Cardano, Stellar, EOS, NEO, IOTA, etc. The developers of these networks believe that their platform has the potential to become the main infrastructure for decentralized applications and smart contracts. In this...

MakerDAO blocked funds

Funds blocked in Maker reached $1 billion

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The volume of funds blocked in the MakerDAO DeFi protocol reached $1 billion for the first time, strengthening the project's leading position in the decentralized finance market. This is evidenced by data from the DeFi Pulse. Over the past day, this figure has increased by 6.7%. Blocked funds have...

yEarn Finance price YFI

The yEarn Finance project token has grown to $4500 in a week

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Amid growing hype around the decentralized finance (DeFi) industry, yEarn Finance, a lucrative farming project, has attracted increased attention in recent days. In just a week since the launch, the YFI token soared from $34 to $4500, after which it rapidly went down, having lost almost a third of...

Celsius Network investment

Celsius Network crypto lending platform raised $18.8 million

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Crypto lending platform Celsius Network announced that on Monday, July 27, it will close the round of financing through the issue of shares with raised investments of more than $18.8 million. Qualified investors, including those from the United States, could take part in the round. The minimum...

Coinbase clients 35 million

The number of Coinbase clients reached 35 Million

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The total number of retail and institutional clients of Coinbase exceeded 35 million. The largest US crypto company cited such data in its first half-year institutional review. At the beginning of 2020, the number was 30 million customers. Coinbase noted that the current year has become important...

what is libra

What is Libra, Facebook's cryptocurrency?

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What is Libra? Libra is a cryptocurrency-based payment system. The project belongs to Facebook, which has been joined by another 27 companies (eBay, Uber, Booking.com, Vodafone, etc.). The Libra's rate will have to be determined on the basis of a currency basket of the dollar, euro, yen, and pound...

Maker Token listing on Binance

Maker grows nearly 20% amid listing on Binance

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Crypto exchange Binance has announced support for the Dai stablecoin (DAI) and Maker Token of the MakerDAO platform. Against the background of this news, the MKR quotes went up sharply, at the moment they came close to the $600 mark. Trading in pairs MKR/BNB, MKR/BTC, MKR/BUSD, MKR/USDT, DAI/BNB,...

Monero hidden mining

Botnet infected 5000 computers for hidden mining of Monero

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Specialists from Cisco Talos have found the Prometei botnet, which used computer systems to extract Monero (XMR). It was reported in the company's blog. Prometei is capable of disabling security controls, copying files, and disguising itself as other programs to set up illegal mining operations....

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