CRYPTO NEWS: Latest BITCOIN News, POLKADOT News, ETHEREUM News
Bitcoin exchange Bithumb is up for sale after two police raids
The South Korean giant will be sold to Tom for $ 600 million.
Bithumb, the largest cryptocurrency exchange in South Korea, is allegedly up for sale to the highest bidder, according to the South Korean news agency Herald.
Canada’s first regulated cryptocurrency exchange Wealthsimple Crypto launched
Gemini provides the first regulated cryptocurrency exchange in Canada.
Starting September 22, users in all 13 provinces and territories of Canada will be able to subscribe to the new product and start trading cryptocurrencies.
At launch, Wealthsimple Crypto will allow users to buy and sell Bitcoin and Ether through the platform’s mobile app. Deposits and withdrawals can only be made in Canadian dollars.
Wealthsimple Crypto Launched
US authorities seized $ 1.6 million worth of cryptocurrency from darknet criminals
The US Department of Justice announced a seizure of over $ 1.6 million worth of cryptocurrency.
The takeover of the cryptocurrency was reportedly spearheaded by the Los Angeles Criminal Opioid / Darknet Task Force, which has made additional seizures of nearly $ 5 million in cash and 500 kilograms of drugs worldwide.
RockX Launches $ 20 Million Investment Program for Polkadot Ecosystem
Polkadot Ecosystem Receives $ 20 Million From RockX
Digital asset development company RockX has launched a $ 20 million investment program to support the Polkadot ecosystem over the next five years. Funding, limited to a maximum of $ 500,000 DOT Tokens per project, will be provided along with technical support from the team’s developers. In return, the firm will receive tokens or shares from supported projects.
RockX, which currently operates the node for Polkadot, Cosmos, Solana, Oasis, and Terra, was co-founded by Alex Lam, who also operates
The Startup Behind Siacoin Storage Platform Raises $ 3 Million
The startup was renamed to Skynet Labs
The startup, formerly known as Nebulous, has raised a $ 3 million funding round led by Paradigm, with input from Bain Capital Ventures and others.
The startup has also been rebranded to Skynet Labs to focus on promoting an app hosting platform of the same name that uses the token-powered Sia network.
Cryptocurrency Explosion in Africa Raises Regulatory Concerns
Nigeria topped the continent’s growth in 2020, posting $ 5 million to $ 10 million in P2P weekly, followed by Kenya and South Africa with $ 1 million to $ 2 million each week.
Centralized exchanges also reported a spike in trading activity, with Luno last month reporting total sales of $ 549 million to Nigerian and South African clients, up 49% from early 2020.
Emin Gün Sirer’s $ 42 Million Blockchain Launched To Scale DeFi
Shortly thereafter, the platform’s own asset began trading on OKEx, Binance, and elsewhere
Ava Labs’ Sept.21 statement to launch the mainnet says Avalanche is using its own consensus protocol, paving the way for a blockchain capable of facilitating 4,500 transactions per second, or TPS. Current blockchain networks often contain much less TPS capabilities, resulting in slower transaction times and higher fees. In recent months, DeFi has significantly increased the load on the Ethereum blockchain, sending huge fees.
Notably, Avalanche received $ 42 million in funding from a public offering on July 15 that sold out in 4.5 hours.
Emin Gün Sirer’s blockchain for $ 42 million
China’s digital yuan is ready for deployment
On September 21, the English-language local news outlet China Banking News reported that the People’s Bank of China announced the completion of the central bank’s digital currency on September 19.
Brazilian fund manager and Nasdaq launch world’s first bitcoin ETF
The stock exchange announced that it had approved the “Hashdex Nasdaq Cryptocurrency Index” on September 18, resulting in the issuance of 3 million Class E shares for trading on the platform. Cointelegraph Brazil has confirmed a Nasdaq and ETF partnership with Hashdex CEO Marcelo Sampaio.
According to local media outlet Infomoney, the fund should be earning and trading on BSX by the end of the year. The report notes that Hashdex chose BSX due to Bermuda’s crypto-friendly rules.
Hashdex merges with Nasdaq
Orchid adds new secret shopper oracle for more transparency
Decentralized VPN Orchid adds the Chainlink oracle, which, like a “secret shopper,” tries bandwidth prices from all providers on the network.
Orchid co-founder Stephen Waterhouse explained the importance of this feature, stating, “The main idea is in decentralized services like Orchid where we have a decentralized VPN and it’s impossible to know for sure. The provider may say they are charging a certain amount, we won’t know until you try. So we wrote code that uses network bandwidth in a decentralized way. ”