Aave DAO and Trident launch $100M onchain fixed-yield loan

Another gathering of cryptocurrency and blockchain professionals has been postponed as the global coronavirus crisis continues. The TEAMZ Blockchain Summit — the largest blockchain conference in Japan — was going to take place from April 22–23, but has moved to September 28.  Organizers said in an official statement:“TEAMZ has been closely monitoring the global development of…

Sky Mavis co-founder Jeff Zirlin told Cointelegraph that the company is preparing for a future when it will have to handle 400 million to four billion transactions.

The Financial Conduct Authority claims that the company “may be providing financial services or products without authorization.” 242 Total views 15 Total shares The Financial Conduct Authority (FCA), the chief financial regulator in the United Kingdom, issued a warning to Bahama-based crypto exchange FTX, claiming it operates without authorization. The company joined a growing list…

Major South Korean cryptocurrency exchange Bithumb has decided to litigate a near $69 million (80 billion won) tax bill levied by the National Tax Service (NTS).According to a report published by The Korea Times on Jan. 16, Bithumb filed a complaint with the NTS, suggesting that the imposed tax bill is groundless given that cryptocurrency…

BTC price disappoints with the weekly close, leading to accusations of a “dead cat bounce” from Bitcoin traders wary of new lows.

NFT aggregator Rarible said by October it would cut off aggregate orders from competitors that don’t enforce royalties, such as OpenSea. 184 Total views 1 Total shares Nonfungible token (NFT) marketplace Rarible has seen a substantial uptick in trading volume over 24 hours following a public statement in support of maintaining NFT creator royalties.It comes…

This week’s Crypto Biz examines recent acquisitions in the crypto industry, Tether’s plans for a dirham stablecoin, and Polychain’s investment in the Bitcoin protocol Corn.