Archive for October 6th, 2020

SBI Teams up With Swiss Cryptobank for USD 66m Unlisted Stocks Fund

October 6, 2020 | By | Reply | 8 Readers More
SBI Teams up With Swiss Cryptobank for USD 66m Unlisted Stocks Fund

Source: Adobe/mehaniq41 Japanese financial giant and Ripple partner SBI is set to launch an unlisted securities fund with a Swiss crypto bank named Syngnum – and will look to target both European and Asian investors. Per a report from Nikkei, as well as press releases from both SBI and Sygnum, the firms hope to raise […]

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EOS Price Gained 17% as Google Cloud Joins The Blockchain Community

October 6, 2020 | By | Reply | 8 Readers More
EOS Price Gained 17% as Google Cloud Joins The Blockchain Community

Software and EOS developer Block.one announced the news of Google Cloud joining the community via a blog post published earlier today, on Oct. 6. According to the announcement, apart from joining the network, Google Cloud is also aiming to become a BP on the chain. The decision to allow Google Cloud to become a BP […]

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HSBC, Standard Chartered, BNP Paribas-Led Blockchain Contour Goes Live

October 6, 2020 | By | Reply | 7 Readers More
HSBC, Standard Chartered, BNP Paribas-Led Blockchain Contour Goes Live

Contour, the trade finance enterprise based on blockchain, has officially launched. The digital platform is set to deliver a global network and services for trading finance over a distributed ledger, uniting buyers, suppliers, and banks on its platform. Contour Goes Live Singapore-based Contour has officially announced its step forward, launching its trading network based on […]

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Ethereum Hash Rate Breaks ATH Following the Boom of DeFi

October 6, 2020 | By | Reply | 7 Readers More
Ethereum Hash Rate Breaks ATH Following the Boom of DeFi

2020 has been a good year for Ethereum: Its price increased month after month, and its technological security is at a new peak now that its total hash rate is at ATH levels. The Ethereum hash rate is above 250 Terahashes per second for the first time in the blockchain history. This new record comes […]

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Yearn Finance (YFI) to Revamp Vaults as Liquidity Tumbles 26% in a Month

October 6, 2020 | By | Reply | 9 Readers More
Yearn Finance (YFI) to Revamp Vaults as Liquidity Tumbles 26% in a Month

Yearn Finance has become the hottest thing in DeFi over the past couple of months when it introduced high yielding liquidity vaults boasting three-figure annual returns. Since then, liquidity has fallen back, and collateral has been shifted to better yielding pools resulting in a slump in earnings. According to Defipulse.com, Yearn liquidity has fallen 26% […]

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RSK & RIF Bitcoin Sidechain Integrates DAI to Further Connect To Ethereum’s DeFi

October 6, 2020 | By | Reply | 8 Readers More
RSK & RIF Bitcoin Sidechain Integrates DAI to Further Connect To Ethereum’s DeFi

The DeFi space continues to expand as the total value locked in protocols has recently almost hit $11 billion. More interestingly, BTC value locked in DeFi is also on the rise as there are currently around 141,000 bitcoins locked in various lending protocols. RSK’s infrastructure framework (RIF) has recently integrated Maker’s DAI stablecoin into its […]

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20 Crypto Israeli Leaders Hacked Via Telegram: Mossad Investigating

October 6, 2020 | By | Reply | 7 Readers More
20 Crypto Israeli Leaders Hacked Via Telegram: Mossad Investigating

A recent report indicated that approximately 20 Israeli cryptocurrency executives were extorted after a hack and identity theft in a coordinated cyberattack at the start of September. The country’s intelligence agency Mossad and the internal security service Shin Bet were involved with the investigation. 20 Israeli Crypto Execs Hacked According to the report, the coordinated […]

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Safer Than ICOs? Polkadot Explains How IPO Initial Parachain Offerings (IPOs) Will Work

October 6, 2020 | By | Reply | 9 Readers More
Safer Than ICOs? Polkadot Explains How IPO Initial Parachain Offerings (IPOs) Will Work

Polkadot has released a fully detailed explanation of its new IPO (Initial Parachain Offering) model and how it’s going to work. This is the first time the project has gone in-depth about the process, and it’s also the first time they are officially discussing it as teams are preparing for the launch. In an official […]

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TradeLax Review: Cryptocurrency Trading and Traditional Markets at One Place

October 6, 2020 | By | Reply | 9 Readers More
TradeLax Review: Cryptocurrency Trading and Traditional Markets at One Place

[Featured content] Cryptocurrency trading is quickly catching up to speed. This year has been nothing but tumultuous for the markets, both legacy and crypto. 2020 started great as all major indices were climbing in an upwards direction – slowly, but steadily. The same can be said about the crypto market. In fact, Bitcoin had an […]

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With the rise of NFTs, ‘pay to win’ games have got mightily expensive

October 6, 2020 | By | Reply | 9 Readers More
With the rise of NFTs, ‘pay to win’ games have got mightily expensive

By far the biggest benefit of blockchain gaming being pushed by developers and publishers is the creation of the non-fungible token, or NFT. This technology allows in-game items, from a mystical sword of plenty to that level-99 mage you’ve been grinding, to be represented on the blockchain and freely traded with other players. NFTs give […]

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