Russia’s crypto industry is pushing back against a set of bills that would make it more difficult to operate in the Eurasian country. Russian lawmakers introduced a set of draft bills regulating digital assets earlier this month, which would effectively ban any transactions using crypto within the country’s borders....
The Aave lending protocol introduced a new market based on Uniswap liquidity tokens, which lets depositors borrow assets against these synthetic tokens.The Uniswap market was launched and announced on May 28, and it lets holders of specific liquidity tokens use them as collateral to borrow crypto assets from...
Telegram’s terminated blockchain project, Telegram Open Network, or TON, keeps spawning new community-led TON networks. While there are at least two global TON-based initiatives so far, namely Free TON and NewTON, the Chinese TON Community has opted to launch their own TON network.In a May 29 blog post, the...
The price of Bitcoin (BTC) rose to as high as $9,620 on May 28 ahead of the CME futures market’s monthly close. Market data shows the rally of BTC — the biggest cryptocurrency by market capitalization — was primarily caused by the futures market. Historically, a futures-led rally...
Major cryptocurrency exchange Coinbase is rolling out Tezos (XTZ) staking rewards for users in the United Kingdom and three European countries.In an announcement on May 28, the exchange revealed that users in the U.K., France, Spain and the Netherlands are now eligible to earn interest on their XTZ...
The Ethereum Foundation says it will not hold blockchain’s largest international conference Devcon VI this year and has moved the event to Bogota, Colombia in 2021 — although a precise date is yet to be announcedColombia is one of the top countries in crypto adoption in the world. Why...
Bitcoin (BTC) price continues to inch closer to $10,000, rallying 5.68% to reach $9,600 on May 28. After breaking out of the falling wedge pattern on Wednesday night, the top ranked cryptocurrency on CoinMarketCap pushed through $9,350, a level traders expected to present resistance and made a beeline...
Floating Point Group, or FPG, a startup delivering institutional crypto traders automation technologies, garnered $2 million of capital from several entities."It's becoming clear that sophisticated quantitative traders and platform developers are viewing the cryptocurrency markets as an exciting new opportunity," FPG CEO John Peurifoy explained in a May 28...
A study unveiled on May 28 by the National Police of Colombia shows that ransomware attacks are a rising trend across the country. The report notes that 30% of all ransomware attacks within Latin American have specifically targeted Colombia.The report, made in alliance with Cisco, McAfee, Microsoft, Absolute,...
The proposed Libra cryptocurrency will allow Facebook to increase ad prices, the social network’s CEO Mark Zuckerberg said at the annual shareholder meeting on Wednesday, according to Cnet. At the event, Zuckerberg was reportedly asked how Facebook plans to profit from integrating Libra into its services. Introducing a new cryptocurrency...