Curve Finance launches 'Savings crvUSD' yield-bearing stablecoin

Ransomware hackers initially demanded $10 million to restore access to travel firm CWT’s computers and delete any stolen data. 504 Total views 15 Total shares U.S.-based corporate travel firm CWT paid $4.5 million in a Bitcoin ransom to hackers who stole sensitive files from the company.According to a July 31 report from Reuters, representatives from…

Reduced network activity is resulting in lower fees for Bitcoin and Ethereum as both recede heavily from their all-time highs. 3888 Total views 8 Total shares The cost of using the Bitcoin and Ethereum blockchains is on the rapid decline, as evidenced by a 93%–95% reduction in average transaction fees over the past couple of months.Fees…

The Cardano Foundation's coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date. Apart from the macro trends in the cryptocurrency industry driving up the price of flagship assets, such as Bitcoin (BTC) and Ether (ETH) translating to other altcoins,…

Cryptocurrency is becoming increasingly mainstream. Between the entrance en masse of traditional financial institutions — from investment funds, to banks, to insurance companies — to the multitrillion-dollar market capitalization, crypto is truly unignorable. As such, it is also increasingly on the radar of regulators around the world, particularly in the United States. How can this industry…

On Thursday, ZachXBT, a cyber detective in the decentralized finance, or DeFi, realm, accused prominent Taiwanese musician and blockchain personality Jeff Huang, also known as Machi Big Brother, of misconduct in 10 different cryptocurrency projects. Machi Big Brother is known outside of Taiwan as an avid collector of Bored Ape Yacht Club nonfungible tokens (NFTs)…

Since the 2017 mania, every year in the crypto and blockchain space has been increasingly eventful. 2019 was no exception: Along with Facebook’s Libra project and China’s digital yuan endeavors, Intercontinental Exchange’s digital assets platform Bakkt was finally launched. Its CEO, Kelly Loeffler, ensured a smooth start for the exchange, then swiftly left her business…

Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted. The Canadian Securities Administrators (CSA) — Canada’s chief financial authority — has confirmed its trust in the regulated futures market for crypto, which “promotes greater price discovery.” Apart from the United States, the Canadian market hosts several…

This week was quite eventful for crypto and traditional markets and investors will note that as central banks introduce new monetary expansion policy, Bitcoin (BTC) and altcoins have begun to forge their own path. Before reading the rundown, catch up on the most-read stories centered around the price of Bitcoin, the macroeconomic picture, and the DeFi…