Whales move over $120 million in Bitcoin from exchanges as DeFi sees $1.2B in tokenized BTC

With over $1.2 billion in Bitcoin now on Ethereum for DeFi use, Alameda Research continues to lead the with another $25 million worth of WBTC in a historic mint. Although Bitcoin’s price has over the past week retraced to lows of $10k and then capped below $10,800, one metric that has kept growing is the […]

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What the Travel Rule Means for Crypto Users and Investors 

In June 2019, the Financial Action Task Force (FATF) amended the anti-money laundering (AML) and counter-terrorist financing (CTF) recommendation to include virtual assets. Recommendation 16, widely known as the Travel Rule was established to provide guidelines for combating financial crime. Initially, the Travel Rule only applied to banks. However, the recent amendment has widened its […]

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Mandatory KYC verification may contradict privacy laws in South Korea

With the South Korean government preparing to implement know-your-customer (KYC) and anti-money laundering (AML) compliance processes, there is confusion among legal experts as to whether the requirements contradict other laws. According to Digital Today, the new requirements would contravene the existing Personal Information Protection Act, which stipulates that local companies cannot legally request social security […]

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ChainLink price up 3.13% to boost optimism for a bullish reversal to $10.00

LINK/USD touched $7.40 after extreme sell-off pressure saw it tumble from highs of $20 ChainLink’s price action has been one full of bleakness over the past few weeks, recent sell-off pressure sending LINK/USD to lows of $7.40. With Bitcoin and the rest of the cryptocurrency market looking weak as of writing, it also appears ChainLink […]

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Inside Japan’s Current Blockchain and Crypto Industry Trends

Disclaimer: This is a sponsored post and does not represent any investment or financial advice. Make sure to do your own research. Japan’s status as a crypto and blockchain hub is well-known thanks to its forward-thinking financial strategy. These policies are likely to modify in the short-term future, as the country’s current Prime Minister, Shinzo […]

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Few DeFi influencers understood what a bad idea $FEW meme token was

Notable figures in the decentralized finance (DeFi) community found themselves in hot water after joining a group to cook up a MEME-inspired token with the apparent intention of dumping on unsuspecting investors. Group members claim the whole thing was just a joke that’s been taken the wrong way.  Leaked chat logs indicate that the FEW […]

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More value locked in Uniswap than any other liquidity mining provider

Over $1.38 billion is locked in four liquidity pools on Uniswap Investors have locked more than $3.4 billion in decentralized finance (DeFi) as the frenzy about yield farming gathers even more steam after decentralized automated market maker (AMM) Uniswap launched its UNI token. A recent survey by cryptocurrency data provider CoinGecko showed that nearly 81% […]

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The biggest crypto trends that shaped 2020

Free image taken from https://www.pexels.com/photo/silver-iphone-2068664/ Crypto started off with a bang, but later in March, just like many other sectors, it started to fluctuate because of the COVID-19 crisis. Many skeptics expected Bitcoin to drop and for the pandemic to mark the beginning of the end for crypto, but things didn’t go that way. In […]

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Star Girl’s one million active users go with the Flow blockchain

Dapper Labs is continuing to expand partnerships with third-parties for its Flow blockchain, with Animoca Labs set to launch two crypto-powered games on Flow. On September 22, blockchain gaming firm Animoca Brands announced that its MotoGP and Star Girl games will launch on the Flow blockchain early next year. Animoca is an investor in Dapper […]

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