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Libra Association Hires Former HSBC CEO


The Libra Association, the organisation developing the Facebook-led cryptocurrency payments project, has hired a banking heavyweight with 25 years at HSBC

Global Digital Industry Group Launches Mining Business Bitworld


The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...

Interview: Discussing Fusion and Anyswap With CEO Dejun Qian


Disclaimer: The text below is a press release that was not written by Cryptonews.com. After an insightful interview with Dejun Qian, Fusion CEO and Anyswap co-founder, we had the chance to learn more about his new DEX and upgraded cross-chain finance ecosystem. The interview reminded us of what...

Apple Censors Some Cryptocurrency and Defi Features of Coinbase App


Apple Inc. has censored some cryptocurrency features of the Coinbase app. Specifically, Apple has blocked Coinbase from adding to its iOS app the ability to earn money using cryptocurrency and access to decentralized finance (Defi) apps. Apple vs. Coinbase Cryptocurrency exchange Coinbase has been...

Get Ready for 'CeDeFi' While Crypto CEO Warns of a DeFi Bubble


Major crypto exchange Binance announced that they are attempting to bridge decentralized (DeFi) and centralized finance (CeFi) via a new support fund, prompting discussions of the creation of "CeDeFi." At the same time, crypto market data provider Messari CEO warned of a DeFi bubble...

SUSHI Trims Losses as FTX CEO Takes Control of SushiSwap


SUSHI, the native token of a recently launched DeFi protocol, SushiSwap, recovered some of its losses after Sam Bankman-Fried, CEO of crypto derivatives exchange FTX, agreed to take over admin keys to the protocol from Chef Nomi, the anonymous creator of SushiSwap. At pixel time (09:42 UTC), SUSHI...

Defi’s Raw Deal: Sushiswap Creator Transfers Multi-Sig Control to FTX CEO


After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX. On Saturday, September 5, the decentralized finance (defi) community got upset...

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