DeFi tokens Have Surged by 19% In Just 24 hours

Following a bloody week for decentralized finance (DeFi) projects that witnessed numerous tokens plunge by up to 50%, the DeFi tokens have rebounded with the sector posting average gains of by 19% in one day. Ether is also up 11% over the past 24 hours. As per to Messari, 32 …

Construction of the Blockchain-Powered Governance System Started for New Aerospace City of China

To create a blockchain-powered governance system for Chinese Hainan Wenchang International Aerospace City, a Singapore based blockchain data firm CyberVein, is partnering with the Chinese government and has become one of 12 firms participating in the construction. This city will be a hub for the development of aerospace products and …

During a Thirty Percent Price Drop, Over 68 Ether Whales Joined the Network

At the beginning of September, during a 30% price drop, at least 68 Ethereum whales behaved differently than the majority of holders potentially adding millions in holdings and joined the network. According to Ali Martinez, a Crypto Twitter user, data from analytics site Santiment shows the number of investors holding between 1,000-10,000 …

To Connect Eastern and Western DeFi markets a New DeFi alliance is Launched

A permissionless blockchain startup in China, Conflux Network has launched a new DeFi-focused association focused on international cooperation of major industry players, between the ongoing craze around decentralized finance or DeFi. The new alliance aims to connect Eastern and Western DeFi markets, uniting China-based blockchain leaders and global DeFi startups …

AlphaBay Darknet Market Moderator Sentenced to Imprisonment for 11 years

For the AlphaBay darknet market content moderating, One of the liable men will be in jail 11 years, until 2031. And on this, a US attorney said, ‘Criminals cannot hide behind technology to break the law.’ A statement from the U.S. Department of Justice on September 1 affirms that 26-year-old Bryan Connor …

Binance listing another Token Wrapped Bitcoin to support DeFi

The world’s largest cryptocurrency exchange in terms of market capitalization, Binance is listing another token to support the growth of decentralized finance (DeFi). According to an Aug. 31 blog post by the exchange, Binance will list Wrapped Bitcoin (WBTC), a new ERC-20 token pegged to the price of Bitcoin (BTC) and is …

Adam Back Recalls Contributions of Hal Finney to Blockchain Technology

In the earliest days of Bitcoin, Hal Finney is known as an early supporter of Bitcoin (BTC). Without being overtly sceptical about its prospects, Finney was the only one who fully understood the possibilities of the technology.  Finney was also one of the first people to respond to Satoshi Nakamoto’s …

NPP Australia Limited Sued Ripple Labs For Its Use of ‘PayID’ Branding

Ripple Labs is facing a lawsuit over its use of ‘PayID’ branding from New Payments Platform Australia (NPPA), a consortium that covers every significant bank in Australia. However, the court documents are yet to have been made public, it is considered the suit claims intellectual property violation concerning the branding …

Build for Bharat: Binance launches new hackathon and accelerator DeFi in India

Global cryptocurrency exchange Binance is conducting a hackathon in India focused on decentralized finance (DeFi) that will be followed by an accelerator innovation program in the country.  The company claimed that this program named “Build for Bharat,” is the first-ever DeFi-focused hackathon and acceleration program being conducted in India.  On …

The Charges of Data Breach and BTC Hush Money Denied By The Uber Exec

A representative for former Uber Chief Security Officer Joseph Sullivan claims “there is no merit” to allegations for paying hackers $100K in Bitcoin to cover up a data breach and has denied the charges of obstruction of justice and misprision of a felony. The Department of Justice accused Sullivan of …

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