Bitcoin Ends July at Highest Monthly Close Since 2017 Peak

Decentralized exchange PancakeSwap (CAKE) has expanded to the zkSync Era blockchain on Thursday, the DEX's developer “Chef Cocoa” told CoinDesk.The move is in line with PancakeSwap's plans to expand its user base and increase protocol revenue. At launch, PancakeSwap’s token swap and liquidity provisioning features will be available with transactional fees of 0.01% of the…

In the dynamic landscape of decentralized finance (DeFi), risk management is the bedrock upon which sustainable lending protocols are built.The challenge lies in finding the delicate balance between paternalistic management of risk (i.e. thresholds for borrowing are determined by DAO governors and risk managers) and allowing the invisible hand of the free market to determine

The average Ethereum transaction fee has passed $20 for the first time.Old gas pump(Tim MossholderUnsplash)Feb 4, 2021 at 9:02 a.m. UTCEthereum Transaction Fees Hit Record Highs As Ether, DeFi Coins SoarFees for transacting on the Ethereum network breached previous records, passing above $20 for the first time Thursday.As of 05:45 UTC, the average and median…

news Polish police have arrested Ivan Manuel Molina Lee, president of Crypto Capital, on accusations of money laundering. According to reports in Polish newspaper W Polityce and news portal RMF24, the crypto entrepreneur was extradited to Warsaw, Poland under police escort. Polish authorities claim that Molina Lee is wanted in Poland for laundering up to 1.5…

news Where there’s a long line for beer today, there could one day be a Civic vending machine. At its booth at SXSW Wednesday, the decentralized identity startup Civic was on hand to showcase three vending machines selling local staples – Shiner Bock and Austin Amber beer. The demo is a test for a product…

Major European clearinghouse Euroclear unveiled Tuesday its tokenized securities issuance service with the World Bank's 100 million euros ($106 million) digital bond issuance, according to a press release.Euroclear's Digital Securities Issuance (D-SI) business will assist in issuing, distributing and settling fully digital financial assets on distributed ledgers - a database held and updated independently by

Sep 3, 2020 at 10:46 UTCUpdated Sep 3, 2020 at 10:55 UTCZug, Switzerland (Shutterstock)Authorities in the Swiss canton of Zug plan to begin accepting taxes in cryptocurrency from the start of next year. From next February, citizens and companies based in Zug will be able to pay up to 100,000 CHF (around $109,000) of their…

The U.K. will need to introduce new laws or amend existing finance and data rules to accommodate a digital pound, two lawyers told CoinDesk.The Bank of England and the U.K. Treasury are seeking public feedback on their plans for the design of a digital pound – something officials say is likely to be needed in…

Feb 19, 2020 at 11:30 UTCUpdated Feb 19, 2020 at 11:34 UTCCoinbase Card. Image courtesy of the firmCoinbase Becomes First ‘Pure’ Crypto Firm Approved as Visa Principal MemberCoinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member.Announcing the news on its blog Wednesday, the firm said the news marks it as the…