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STASIS Stablecoin Digest 27.09.2020

Sun, 27 Sep 2020 16:45:55 GMT

STASIS Stablecoin Digest 27.09.2020

Bridging the gap between decentralized finance and the off-chain market.

Can Relay Bridges Relieve Ethereum’s Ridiculous Gas Fees?

Sun, 27 Sep 2020 15:44:00 GMT

Can Relay Bridges Relieve Ethereum’s Ridiculous Gas Fees?

Interoperability between blockchains is the obvious long-term solution.

KuCoin Suffers Hacker Attack, Loses $150M in BTC, ETH and Other Cryptos

Sat, 26 Sep 2020 15:48:44 GMT

KuCoin Suffers Hacker Attack, Loses $150M in BTC, ETH and Other Cryptos

As of total, KuCoin lost approximately $150 million in over 100 ERC-20, TRC-20 and BTC assets.

Flamingo Finance Delays Mint Rush Over Technical Issues

Fri, 25 Sep 2020 21:54:09 GMT

Flamingo Finance Delays Mint Rush Over Technical Issues

The launch of Flamingo Finance has been delayed until September 26.

Hong Kong's Central Bank Selects ConsenSys for CBDC Project

Fri, 25 Sep 2020 19:53:06 GMT

Hong Kong's Central Bank Selects ConsenSys for CBDC Project

The blockchain-focused company will reportedly collaborate on the project with PwC and Forms HK.

Gemini Extends Support for DeFi Tokens

Fri, 25 Sep 2020 18:46:48 GMT

Gemini Extends Support for DeFi Tokens

Moreover, Gemini now supports new tokens for trading earlier supported only for custody.

Russia Blacklists Binance Over Bitcoin Promoting

Fri, 25 Sep 2020 17:11:03 GMT

Russia Blacklists Binance Over Bitcoin Promoting

It is not the first time Binance is facing regulatory pressure on the world stage.

China Considers Cryptos 2020's Best Performing Asset

Fri, 25 Sep 2020 13:21:12 GMT

China Considers Cryptos 2020's Best Performing Asset

Several media controlled by the Chinese authorities have simultaneously announced cryptos are the best performing asset of the year.

Chainlink Jumps by 30%

Fri, 25 Sep 2020 11:49:03 GMT

Chainlink Jumps by 30%

The popular altcoin is growing again after suffering a downward trend that has lasted 6 weeks.

Indian Exchange Proposes Regulatory Framework to Avoid Total Crypto Ban in the Country

Fri, 25 Sep 2020 10:41:07 GMT

Indian Exchange Proposes Regulatory Framework to Avoid Total Crypto Ban in the Country

The proposal aims to avoid a total ban on cryptocurrencies in India.

European Commission Publishes Provisional Crypto Regulatory Framework

Fri, 25 Sep 2020 08:59:35 GMT

European Commission Publishes Provisional Crypto Regulatory Framework

The European Commission has just published a draft legal framework aimed at regulating cryptocurrencies.

Bitcoin Exceeds $10,600

Fri, 25 Sep 2020 07:43:36 GMT

Bitcoin Exceeds $10,600

What is happening today with the largest crypto in the market?

Israel Looks at Bitcoin as Currency for Taxation

Thu, 24 Sep 2020 21:45:28 GMT

Israel Looks at Bitcoin as Currency for Taxation

As of press time, cryptocurrencies in Israel are considered as assets and taxed 25% under capital gains tax.

TRON Adds Support for WBTC, Partners with BitGo

Thu, 24 Sep 2020 19:57:46 GMT

TRON Adds Support for WBTC, Partners with BitGo

With the partnership TRON can now support pegged to bitcoin 1:1 token called Wrapped Bitcoin (WBTC) built on TRC20 protocol.

Germany Wants to Speed Up Crypto Regulation in EU

Thu, 24 Sep 2020 19:18:55 GMT

Germany Wants to Speed Up Crypto Regulation in EU

Germany's Finance Minister noted he would put new reform packages on the agenda of the next EU finance ministers meeting on October 6.

Ethereum-based tBTC Officially Goes Live

Thu, 24 Sep 2020 16:16:09 GMT

Ethereum-based tBTC Officially Goes Live

Up to date, tBTC has undergone three audits by ConsenSys, Trail of Bits and Sergei Delgado.

Russia Proposes Up to 3 Years for Undeclared Crypto

Thu, 24 Sep 2020 14:15:32 GMT

Russia Proposes Up to 3 Years for Undeclared Crypto

Failure to declare an amount of more than $12930 in crypto a year entails criminal liability up to three years in prison or forced labor.

Venezuela Issues Decree to Regulate Crypto Mining

Thu, 24 Sep 2020 11:54:57 GMT

Venezuela Issues Decree to Regulate Crypto Mining

From now on, all crypto-related activities are regulated by the country's government.

Visa to Create Payment System Based on Digital Currencies

Thu, 24 Sep 2020 10:49:36 GMT

Visa to Create Payment System Based on Digital Currencies

According to Visa's crypto head Kai Sheffield, the company's specialists will have to resolve many technical challenges before the solution can be implemented safely.

Crypterium, In Partnership with Apple Pay, Presents the Virtual Card

Thu, 24 Sep 2020 09:46:38 GMT

Crypterium, In Partnership with Apple Pay, Presents the Virtual Card

Crypterium, a crypto payment service provider, has introduced the virtual version of its crypto debit card that readily integrates with Apple Pay.