Author: Terence Zimwara

Filecoin Founder Accuses Justin Sun of Spreading Lies About FIL Tokens as Fresh Dumping Allegations Emerge | Altcoins Bitcoin News

Bitcoin.com

Juan Benet, a founder at Filecoin, is attacking Justin Sun for spreading completely false accusations about the movement of the FIL tokens soon after listing. In his long Twitter rebuff, Benet accuses Sun of spreading lies with the intention of Read More

Payments Giant Paypal Says Its Customers Can Now Buy and Sell Bitcoin | News Bitcoin News

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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital Read More

European Commission Opposes Crypto Fraud Compensation Fund: Victims Say Commission Cozying up to the Industry | Regulation Bitcoin News

Bitcoin.com

The European Commission (EC) is opposing the creation of the crypto crime victim superfund to be financed with $0.0001 per dollar on all cryptocurrency transactions occurring within the EU. The Commission says that it does not have the competence to Read More

Macro Investor Dan Tapiero on Crypto Adoption: Emerging Economies Ahead of Developed States | News Bitcoin News

Bitcoin.com

Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital Read More

FSB Report Says Stablecoins Promote Financial Inclusion: Urges Regulators to Tighten Laundering Controls | Regulation Bitcoin News

Bitcoin.com

The Financial Stability Board (FSB) says stablecoins have the potential to enhance the efficiency of the provision of financial services. The body adds that the hybrid cryptocurrencies have the potential to bring efficiencies to payments (including cross-border payments) as well Read More

Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack | Altcoins Bitcoin News

Bitcoin.com

Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational actors to jump onto the Read More

Nigeria Protest Group Asks for Bitcoin Donations After Regulators Block Bank Account | News Bitcoin News

Bitcoin.com

A Nigerian protest group called Feminist Coalition is asking well-wishers to make donations via bitcoin after authorities reportedly blocked the organization’s bank account. Feminist Coalition is one of the many groups spearheading protests against alleged police brutality by a Nigerian Read More

Fidelity Digital Assets Touts Bitcoin Credentials, As Publicly Traded Companies Now Hold Over 600,000 BTC | Finance Bitcoin News

Bitcoin.com

Fidelity Digital Assets (FDA) says diversifying an investment portfolio with bitcoin is especially essential now when benchmark interest rates globally are near or below zero. The opportunity cost of not allocating to bitcoin is simply higher explains FDA in its Read More

Centralized Exchange Operators Believe Low Liquidity on DEX Platforms Stops User Migration | Exchanges Bitcoin News

Bitcoin.com

Centralized cryptocurrency exchanges (CEX) operators say they are unfazed by the increasing trading volumes on decentralized exchanges (DEX) because the latter’s liquidity is still too insignificant to cause user mass migration. The majority of CEX operators also insist that it Read More

Grayscale’s Ethereum Trust Attains SEC Reporting Company Status | News Bitcoin News

Bitcoin.com

Grayscale Investments says the registration statement on Form 10 that it filed with the U.S. Securities and Exchange Commission (SEC) on behalf of the Ethereum Trust has become effective. This means Ethereum Trust is now an official SEC reporting company Read More

12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?   | Altcoins Bitcoin News

Bitcoin.com

The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent Read More

Q3 Crypto Volumes up by $155 Billion as Defi Hype Drives DEX Growth by 197% | Exchanges Bitcoin News

Bitcoin.com

The latest data from Coingecko shows that the combined trading volumes of cryptocurrency exchanges went up by $155 billion between July and September, from $175.7 billion to $330.6 billion. The new total volume represents a 88% increase which Coingecko attributes Read More

US Government Moves to Regulate Cryptocurrencies After Attorney General Publishes Enforcement Framework | Regulation Bitcoin News

Bitcoin.com

United States Attorney General (AG) William Barr says the recent publishing of the Cryptocurrency Enforcement Framework will help law enforcement to fight elements using digital currencies for illicit ends. Produced by the AG’s Cyber-Digital Task Force, the framework provides law Read More

Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting | Altcoins Bitcoin News

Bitcoin.com

The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks Read More

SEC Commissioner Peirce Weighs in Defi Token Regulation Debate: Panel Predicts Defi Will Self Correct in Twelve Months | Altcoins Bitcoin News

Bitcoin.com

The U.S. Securities and Exchange Commissioner, Hester Peirce says while defi tokens carry some equity-like benefits, she believes that giving something away is distinct from selling something. As a result of this lack of clarity, Peirce says questions about the Read More

ETH Volumes Top $119.5 Billion in Q3: High-Risk Dapps Dominate Tron Network | Altcoins Bitcoin News

Bitcoin.com

A recent report says total Dapps transaction volumes reached $125 Billion in Q3 2020, a figure which is $113 billion higher than in Q2 2020. From these volumes, the Ethereum blockchain accounts for 96% or $119.5 billion of the total Read More

Zimbabwe’s Stock Exchange Open to Crypto Listing Subject to ‘Regulatory Approval’ | Exchanges Bitcoin News

Bitcoin.com

Zimbabwe Stock Exchange (ZSE) CEO Justin Bgoni says its recently licensed subsidiary, the Victoria Falls Stock Exchange is open to listing bitcoin and other cryptocurrencies. However, according to local media reports, any such listings are still dependent on the digital Read More

Open Interest on Bitmex Drops 16%: Investors Withdraw 37,000 BTC in Less Than 24 Hours | News Bitcoin News

Bitcoin.com

Data from Arcane Research shows that open interest on Bitmex’s bitcoin derivatives market touched a new low of 45,122 BTC on October 1. The figure represents a 16% drop since the CFTC announced charges against Bitmex and its executives for Read More

ICO Aftermath: US Rules in Favour of SEC in $100M KIK Case – SALT to Reimburse Claimants From 2017 ICO | Regulation Bitcoin News

Bitcoin.com

A US court has ruled in favour of the US SEC after the regulator’s filing of a motion seeking summary judgment against Kik for violating the country securities laws. Kik, which raised $100 million from 2017 ICO, had filed its Read More

Onecoin Victims Join Petition Seeking Establishment of European Crypto Fraud Compensation Fund | News Bitcoin News

Bitcoin.com

Onecoin victims have joined a consortium that wants the European Parliament to consider a petition seeking the establishment of a compensation fund. The envisioned EU-administered fund will function as an insurance kitty for current and future victims of all crypto Read More