DeFiChain, a Blockchain Platform on the Bitcoin Network, Introduces ERC-20 Token Standard DFI on Ethereum

The team at Gemini are pleased to announce support for a new set of crypto tokens. The following tokens are now available for trading on Gemini:. These tokens are “available for trading on [their] API/FIX and ActiveTrader applications for USD trading pairs.”. They are also “available on the Gemini...

The cryptocurrency and blockchain industry faced headwinds in recent months as May’s collapse of the Terra ecosystem took its toll on many other market participants. In June and July of this year, major crypto lending platforms (including Celsius, BlockFi, Voyager and Vauld) took drastic measures in the wake of “extreme market conditions,” the team at Kraken noted in an update.

As Ethereum migrates to a proof of stake (PoS) ecosystem (called the Merge), a group has decided to maintain a proof of work iteration or Ethereum Proof of Work (ETHPOW). While not making Vitalik Buterin very happy, this is the way of the blockchain world. In light of this development,...

Brickken has partnered with Hillstone Finance, Veritas, and Digital Gold Capital to expand its network to three new countries, according to a company release. Brikken is a company that was founded in Spain in 2020 that aims to leverage blockchain technology to tokenize or turn assets into digital securities. According to its website, Brickken allows institutional investors to issue securities tokens, and manage the offerings as well as investors.

Hodlnaut, a Singapore-based crypto platform, has halted all withdrawals, token swaps, and deposits – effective immediately. Holdlnaut is a crypto lending and borrowing platform that was founded in 2019 by Bitcoin maximalists Juntao Zhu and Simon Lee. Hodlnaut supported seven different digital assets: BTC, WBTC, ETH, DAI, PAXG, USDC, and USDT. Lenders earned up to 7.25% interest on crypto.

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has targeted another crypto mixer by sanctioning Tornado Cash. Most recently, in May, OFAC sanctioned Blender.io, a mixer that is said to be utilized by North Korea for its “malicious cyber activities and money-laundering of stolen virtual currency.”

Bitwage recently announced a “preferred” wallet partnership with Casa and Edge Wallet. On August 1st, news broke that they were partnering with Casa and Edge “as preferred wallet partners.”. According to Bitwage, this means that users can now “download and access Casa or Edge as wallet options...

Old Street Digital (OSD) recently revealed that it has finalized a $2.8 million seed round that has reportedly been led by Draper Associates. OSD is focused on developing an institutional fund manager bringing the very best of active, fundamental research-driven portfolio management to crypto-assets. The investment round includes contributions from...

As was earlier covered, the US Department of Treasury, via the Office of Foreign Assets Control (OFAC) has sanctioned crypto mixer Tornado Cash. Mixers are used to boost the privacy of crypto transacts but may also be used to obfuscate nefarious activity. Coin Center, a leading digital asset advocacy group,...