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Ex-CFTC Chairman w/ Ripple as a Client Argues XRP is Not a Security


As the debate continues over whether XRP, the cryptocurrency affiliated with US-based fintech company Ripple, is or is not a security, a former US financial regulator is the latest person to join the discussion. However, there now exists a business connection between the ex-regulator and Ripple....

Bancor Discovers Security Vulnerability, Drains USD 460,000 Of User Funds


Bancor, an on-chain liquidity protocol for Ethereum and other blockchains, has discovered a security vulnerability. The team informs that upon discovery it has used a white-hack attack to migrate all funds at risk to safety, and all user funds are secure, although the situation is still...

Six Blockchain Companies Make WEF 100 Technology Pioneers List


The ever-growing amount of positive news surrounding blockchain technology testifies to its rising popularity. Six blockchain companies were included on the World Economic Forum (WEF)'s 100 Technology Pioneers for 2020 list. And a survey has found that more than a third of the world's companies...

Compound's COMP Becomes Most Valuable DeFi Token, but There's a 'But'


Just days after it first entered into circulation, decentralized lending and savings platform Compound’s new token COMP has positioned itself as the most valuable token in the decentralized finance (DeFi) space. But it's high valuation may not show the complete picture, as more then 7 million coins...

VeChain Among Top Performers, Price Doubles In a Month


After a parabolic rally that has brought vechain (VET) up among the top-performing cryptoassets over the past month, the coin today saw strong gains once again after correcting heavily on Sunday. As of press time on Tuesday (10:25 UTC), the 26th coin by market capitalization, VET, was up by...

Crypto Listing and Delisting Announcements: Week 24


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Drops; Only Bitcoin and Ether in Positive Zone


Along with a drop in price, market sentiment score (sentscore) has moved away from the positive zone it had gotten very close to last week. According to crypto market sentiment analysis tool Omenics, the combined moving 7-day average sentscore for the top 10 coins dropped from 7.87 back to 5.48...

Belarusian Banks to Issue Digital Tokens in Central Bank Pilot


Belarus’ central bank will allow 12 commercial and state-owned banks to launch tokens and conduct business using their digital offerings in an ambitious new pilot. The central National Bank’s plans, per Sputnik Belarus, will involve a pilot that will run from January 1, 2021, to January 1, 2024...

Ripple Gets Ridiculed After XRP/BTC Breaks Below Key Level


After disappointing long-time holders over the past couple of years, the XRP/BTC trading pair yesterday broke through yet another important support level, leading to Ripple – the company affiliated with XRP – being called out on Twitter by veteran chart analyst Peter Brandt. While sharing a chart...

East Asia Digital Token Initiative Inspired by Facebook’s Libra Plan


Policymakers in China have suggested creating a joint Japan-China-South Korea-Hong Kong digital currency that would function in a manner not unlike Facebook’s original plan for the Libra project. Per Seoul Daily, 10 members of the National People's Congress – the biggest and most powerful...

Maker Soars Higher on Exchange Listing, Successful Community Vote


The popular decentralized finance (DeFi) project Maker (MKR) is seeing strong gains in the crypto market today, after a community vote showed support for expanding the range of collateral assets on the platform, and crypto exchange Coinbase Pro appears to have changed its mind about the token. As...

Research Points to ‘Strong Signal’ That Altseason Has Arrived


A recent increase in trading on exchanges that are more geared towards speculative altcoins may be a sign that it is once again time for altcoins to shine, according to crypto research firm Coin Metrics. In their recent report, the firm said that exchanges that typically offer trading in coins that...

South Korean Merchants ‘May Accept Digital Yuan from Chinese Tourists’


Countries with a large influx of Chinese tourists could be among the first outside the Middle Kingdom to accept the forthcoming digital yuan, claims a South Korean report – although it comes with warnings of “Big Brother’s” creeping influence over Chinese finance. Per South Korean news agency...

South Korea Edges Closer to CBDC Rollout Without Any Comitment


The Gwangandaegyo or Diamond Bridge in Busan, South Korea. The South Korean central bank has reaffirmed its digital currency plans – but continues to add disclaimers, refusing to commit to launching a digital version of its won fiat currency. Per newspaper Hankyoreh, the central Bank of Korea (BOK)...

Brave Apologizes, Crypto Scammers Get Smarter + More News


Source: Twitter, @brave Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Privacy news Blockchain-based decentralized browser Brave (BAT) has issued an apology for the error made...

Ethereum-Based Tether Better Distributed Than Other Stablecoins - Report


Among the explored stablecoins, Tether (USDT)'s ERC20 version is "particularly well-distributed," crypto market analysis firm Coin Metrics said, stressing that only a few accounts own a large majority of five other stablecoins' supply. Since its creation six years ago, the dollar-pegged...

Optional Zcash and Dash Features Prompt Debate on Privacy & Compliance


Two privacy coins, Zcash (ZEC) and Dash (DASH), are now supported by blockchain and analytics specialist Chainalysis - but it's the addition of the former that caused discussions online about privacy and responsibility. Chainalysis launched support for Dash and Zcash in their investigation...

Crypto Listing and Delisting Announcements: Week 23


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

Crypto Market Sentiment Nears Positive Zone; Four Coins There Already


Compared to recent drops in market sentiment score (sentscore), as well as the subsequent smaller rise, itself followed by a stronger move upwards a week ago, this week is seeing another jump towards the positive zone. Per crypto market sentiment analysis tool Omenics, the combined moving 7-day...

Most Exchange Tokens Are ‘Undervalued’ - Research


Given the current trend of increased activity in both the spot and derivatives market for crypto trading, a number of exchange tokens may represent good investment opportunities at current prices, according to token data and rating agency TokenInsight. In its latest Exchange Token Valuation Report...

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