Author: Crypto Team
[ad_1] One of the reasons why the cryptocurrencies have gained popularity over the years is because trading them is supposed to be anonymous… but this is only partially true. In reality, Bitcoin is actually quite traceable. And this is no different for Ethereum, which is just as detectable and vulnerable to phishing attacks caused by leaky databases as Bitcoin. If Bitcoin and Ethereum are traceable, leaky databases can also expose user details and the contents of their wallets. It is quite a scary thought that your anonymity could be on the line. The solution to this problem is simple. Mixers.…
[ad_1] The most popular cryptocurrency is having a moment again. But what’s with the Bitcoin hype right now? It’s been almost 12 years since Satoshi Nakamoto developed the peer-to-peer electronic cash system that brought us Bitcoin. Millions of people have been buying and selling this decentralized cryptocurrency for years now. So why this global hype all of a sudden? As NordikCoin points out, there’s a handful of reasons. Let’s take a look. 1. Bitcoin Is Hovering Around the $20,000 Mark Again Bitcoin hit an all-time high in 2017 when its price reached a peak of $19,783. These days, the cryptocurrency…
In 2020, Decentralized Finance is a Hot Trend — Along With Yield Farming And Governance Tokens
[ad_1] by Blaise Cavalli, Decentralized finance (DeFi), a new investment mechanism exploded into the financial sector and certainly has been the trend to watch in the digital assets industry. With billions of dollars in value circulating on public blockchains, has only been a matter of time for digital assets to enter the field of generating yield through on-chain banking and financial systems. Different financial products from borrowing and lending to derivatives have made their way into the blockchain finance industry, driven the last few months by this experimental trend to provide traditional financial instruments into the sector. The movement is…
SocialGood Blockchain Project Aims to Improve Society – With a Tokenized Donation Machine
[ad_1] SocialGood is an ambitious blockchain project that has the soaring aim to rewrite capitalism as we know it today by utilizing Blockchain along with Artificial Intelligence (AI) to create what is, essentially, a donation machine. You can get the SocialGood app today on Google Play for Android and at the Apple Store for iPhones. The blockchain-fueled platform creates a win-win for consumers. The companies’ vision is to “make society better” by providing all consumers with promising digital assets free of charge via their ‘CryptoBack’ solution for people around the world. The Problem It’s clear to many the middle class in the West is in decline…
[ad_1] If you thought that the “cryptocurrency world” was only limited by nerds, then let us open your eyes with this list. To our surprise, we have found more than 100 celebrities that use and invest in cryptocurrencies They have diverse reasons for it, but something that all of them have in common is that they don´t have any regrets, in fact, they are happy with the results after they started to use cryptos, they enjoy the freedom and security that blockchain offers them in general Apparently, the actor not only plays millionaire roles in movies or TV series (as…
Dutch Central Bank Registers First Cryptocurrency Provider Amdax B.V. — Under European Guideline AMLD5
[ad_1] Based in the heart of the Netherlands financial world, Amsterdam-based Amdax B.V. has been given a green light and officially registered by De Nederlandsche Bank (DNB) as the first provider of cryptocurrency services in the Netherlands. The registration will allow AMDAX to process crypto transactions and store cryptocurrencies. The Dutch government has been somewhat bullish on cryptocurrencies and since May 21st, 2020, it’s applying new legislation related to cryptocurrency, based on European guideline AMLD5. Starting at 2.5 BTC, AMDAX supports retail and professional traders and businesses with a portfolio for trading cryptocurrencies, secure storage, and insured custody — bringing…
[ad_1] In a massive crackdown on fraud and money-laundering, Hong Kong has announced a ban on the retail trading of digital currencies, and will now for all cryptocurrency exchanges to be licensed under new regulations. The new regulations will allegedly bring down the hammer on a massive amount of unregulated cryptocurrency trading in the city. Some pundits are noting that the proposed regulation if it can garner support and go ahead, should spell the end for an era of relaxed regulation of bitcoin and other virtual assets in Hong Kong. At present, most crypto-exchanges are not regulated. Industry players expect…
[ad_1] Shortly after the court granted the US Security and Exchange Commission’s (SEC) motion for summary judgment, holding that, undisputed facts in the case established that Kik Interactive, Inc. (“Kik”)’s sale of Kin constituted an unregistered offering of securities that did not qualify for any kind of exemption from registration, a final judgement was reached. On October 20, 2020, the U.S. District Court for the Southern District of New York entered a final judgment on consent against Kik Interactive, Inc. (“Kik”) in the civil enforcement action brought by the Securities and Exchange Commission in connection with Kik’s unregistered offering of…
KingSwap, The First Regulated DeFi Project , Raises $20 Million in Funding and Liquidity Support — Announces Public Launch on Uniswap
[ad_1] KingSwap, who claims to be the first regulated DeFi project to introduce a liquidity pool platform with fiat conversions has raised over $20 million in funding and liquidity support. KingSwap’s high-yield liquidity platform offers extensive staking rewards and digital collectables. “At KingSwap, we’re committed to doing DeFi the right way by putting user experience at the forefront and operating as a fully regulated project,” said Malcolm Tan, KingSwap advisor. “Early support for the project shows we are helping to fill a gap in the current DEX marketplace. We’re eager to introduce KingSwap to many more fans through our Uniswap…
Societe Generale Cuts Deal With Blockchain Behemoth ConsenSys To Back Its Central Bank Digital Currency Experiments With Technology, Expertise and Strategy
[ad_1] Societe Generale – Forge, the digital capital markets platform of the Societe Generale Group, has chosen one of Blockchain leading companies ConsenSys to provide technology and services as part of its ongoing Central Bank Digital Currency (CBDC) pilot activities. Jean-Marc Stenger, CEO of Societe Generale – Forge, noted: “We are pleased to partner with ConsenSys, a company who is a key player in the development of distributed ledger technology globally and offers many of the infrastructure and development tools used by the blockchain community.” ConsenSys will provide technology and expertise to Societe Generale – Forge, focusing in particular on CBDC issuance…