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Popular crypto asset management app 3Commas announced its successful raise of $3 million in a Series A financing round led by Alameda Research, as per a release shared with CryptoSlate. What is 3Commas? 3Commas is a non-custodial Order Management System (OMS) and crypto-asset management platform that offers a unified access point and interfaces with the […]

Changing policies and financial regulations in Hong Kong have now targeted the burgeoning crypto space.  As per a statement by the city’s securities watchdog on Tuesday, Hong Kong will now require all cryptocurrency trading platforms to be regulated whether or not they trade securities. Unregulated crypto exchanges may commit an “offense” As per Reuters that […]

A Bloomberg newsletter described Bitcoin as a “way of disintermediating the existing financial system.” It comes as the perception of BTC as a store of value is continuing to strengthen amidst rising institutional demand. Oh yeah, I'm bullish on Bitcoin now.https://t.co/ViCeAp2YCi pic.twitter.com/i15kDeU56j — Tracy Alloway (@tracyalloway) November 3, 2020 Tracy Alloway, a Bloomberg financial journalist […]

Bitcoin has finally begun to correct after a 25 percent rally in the span of two weeks. Altcoins are responding in kind, plunging against the U.S. dollar and against Bitcoin. One of the worst-performing digital assets of the past 24 hours is Chainlink (LINK). The leading altcoin, currently the fifth-largest crypto-asset by market capitalization, is […]

Following the OKEx founder’s arrest that resulted in over 200,000 BTC being caught in limbo due to him being the sole holder of the multi-sig withdraw keys, Bitcoin investors have been wary of holding their coins on centralized exchanges. Huobi – a Chinese-founded cryptocurrency exchange now based in Singapore – has recently been shrouded in […]

According to researchers at Santiment, Bitcoin has been in an “overbought territory.” Merely two hours after the report came out, BTC dropped 4 percent. Possibly due to the uncertainty around the U.S. election on November 4, the cryptocurrency market saw a steep pullback. As Bitcoin declined from $13,750 to $13,200, Ethereum and other major cryptocurrencies […]

Christine Lagarde — the former Managing Director of the International Monetary Fund and the current President of the European Central Bank (ECB) — invited public reactions and commentary on the topic of a potential Euro-backed digital currency via a Twitter post this weekend. Public opinions on the digital Euro  Lagarde’s comments on the possible CBDC, […]

With all institutional attention on Bitcoin as of late, Ethereum has received little love from the corporations and governments of the world. But this is changing. The central bank of Australia recently mentioned the word “Ethereum” in an announcement of a new partnership. Australia’s central bank mentions Ethereum in PR announcing ConsenSys partnership First spotted […]

As the short-term future of decentralized finance (DeFi) coins has become uncertain over recent days, analysts and investors in the space have weighed in on what they think comes next. Many assert that the fundamentals of this space are better than ever. Case in point: the total value locked in DeFi contracts recently hit an […]

Harvest Finance, what used to be a $1 billion yield farming protocol on Ethereum, underwent a brutal attack last week that wiped approximately $30 million from user accounts. The pseudonymous attacker leveraged a flash loan, along with a series of manipulative transactions between Curve, Uniswap, and Harvest, that allowed them to drain millions of dollars […]