October 2020 – Page 88

Three key reasons Dow plunge won’t cause a bigger Bitcoin drop below $10K

Bitcoin price slipped as the Dow Jones sharply dropped, but three key reasons might prevent a prolonged pullback.

Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours

Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for allegedly operating an unregistered trading platform. According to Arcane Research’s post on Twitter, “the former […]

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Russian ‘ex-oligarch’ reportedly backing a new DeFi project

The former owner of a Russian bank seems to be pivoting to the decentralized space.

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PwC’s global crypto tax report reveals the need for further regulatory guidance

The majority of global jurisdictions have crypto asset taxation guidelines, yet additional frameworks are required to keep up.

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Bitmex Charged With US Rules Violations — Owners Face Criminal Charges, Prison

Bitmex Charged With US Rules Violations — Owners Face Criminal Charges, Prison Sentences Cryptocurrency derivatives trading platform Bitmex has been charged with illegally operating in the U.S. Concurrently, its executives, including CEO Arthur Hayes, have been charged with violations of the Bank Secrecy Act and are facing prison sentences. One of the Bitmex founders has already been arrested. Bitmex and Owners Charged in US Federal prosecutors and the […]

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Prediction market doubts Trump will complete first term after COVID-19 diagnosis

A pump in daily volume creates an 8% swing on whether Trump will complete his first term.

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Bitcoin Games Reveals Satoshi’s World Travel Plans, Offers Cashback, Free Spins, and Bonus Money

Embark on an adventure like none other to win exciting prizes and have loads of fun in Bitcoin Games’ new promotion. Up to 15x Money Multiplier Bitcoin Games has been making new waves by not only bringing hot new popular casino games playable with Bitcoin & Bitcoin Cash but also packaging new promotions that offer […]

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Romania set to auction Bitcoin and Ether confiscated in criminal case

The winning bidder will need to provide the auction house with a crypto address hosted on a registered, compliant trading platform.

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Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced

Kucoin Hack: $17M Laundered Via Decentralized Exchanges, Blockchain Analysis Firm Claims This Can Still be Traced Elliptic says the Kucoin hacker has sold $17.1 million worth of tokens via decentralized exchanges (dex) platforms like Uniswap, Kyber Network, Tokenlon. The shift to dex applications comes after centralized projects came to the aid of the beleaguered exchange by blocking any cashing out of the hack related funds. For the past few days, the […]

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Yield farming platform APY Finance locks $67 million in first hour

APY.Finance is the latest DeFi protocol to explode in popularity, locking more than $67 million of stablecoins in the first hour of launching its mining program.

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