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“# Cover Protocol announces compensation plan following mining contract attack ” Peer-to-peer coverage market Cover Protocol has published a compensation plan for token holders and liquidity providers affected by the recent hack. As part of the process, the Cover Protocol team took a snapshot at block height 11541218, the last transaction block before the exploit began….
“# How DeFi trading is evolving after a whirlwind 2020 ” When the history books are written about cryptocurrency, 2020 will be remembered as the year decentralized finance exploded in popularity. A powerful illustration of how this young, often misunderstood space has grown comes from DeFi Pulse. At the start of January, the total value locked…
“# Binance launches bilateral Bitcoin European options ” Crypto exchange giant Binance is set to expand its cryptocurrency trading catalog with the launch of a European-style Bitcoin (BTC) options contract. Announced on Dec. 28, the launch follows a successful testnet trial carried out back in November. The press statement also revealed that the new options…
“# Binance enables SegWit support for Bitcoin deposits as adoption grows ” Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits. The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. The protocol upgrade was initially enabled…
“# Binance Korea to shut down exchange due to low trading volume ” Binance KR has decided to shutter its operations in South Korea according to an announcement released on Thursday. As part of the press statement, Binance KR attributed the move to declining liquidity and low trading volume of its BKRW trading pairs. BKRW is…
“# Binance launches trading and staking for three more Chiliz fan tokens ” Binance, the world’s largest cryptocurrency exchange by trading volume, is listing another batch of fan tokens by a major sports-focused token platform, Chiliz. According to a Dec. 23 announcement, Binance Launchpool — a platform allowing users to stake tokens for up to…
“# Did Bitcoin price just see a ‘retail FOMO peak signal’? This indicator says yes ” The Bitcoin (BTC) futures funding rate on Binance Futures overtook Deribit on Dec.18, according to data from CryptoQuant. Historically, when this happened, the dominant cryptocurrency saw a local top or consolidation. The funding rate of major cryptocurrencies, including Bitcoin…
“# Binance and Coinbase suffer outages as Bitcoin’s price soars ” Both Binance and Coinbase suffered technological issues on Wednesday — the same day Bitcoin (BTC) crossed the $20,000 price threshold for the first time. Binance related its issues to the number of people surfing the exchange. Changpeng Zhao, or CZ, Binance’s CEO, tweeted on…
“# How did the Turkish crypto ecosystem survive 2020? ” Turkey’s crypto and blockchain ecosystem welcomed 2020 with big ambitions and a strong track record from 2019, which was its best year ever in terms of adoption. Following the release of Statista’s “Global Consumer Survey 2019,” which lists Turkey as a global leader by a…
“# Binance Visa cards are now shipping to European customers ” Binance, the world’s largest cryptocurrency exchange, has started shipping its physical Binance Visa cards in the European Economic Area. According to a Dec. 14 announcement, users in the EEA region will soon receive their physical Binance Visa cards. Customers that already ordered the card…