Day: July 24, 2020

US Federal Court: According to Washington DC law, Bitcoin can be defined as “currency”

According to a Bloomberg report, the U.S. Federal Court stated in an underground Bitcoin trading platform operator’s case that Bitcoin can be defined as currency under the laws of Washington, DC. Judge Beryl A. Howell stated that “currency is usually a medium of exchange, payment method or store of value, including Bitcoin”.

Polkadot officially opened the third round of financing and sold 300,000 DOTs through website registration

The third round of financing of Polkadot, originally scheduled to be held at 12 noon on the 24th, Beijing time, has officially started after a 12-hour delay. This financing will sell 300,000 DOTs through website registration. The price of each DOT in the first 100 hours is $125, and the unit price will be changed to $150. This sale can only be paid in Bitcoin. The DOT purchased this time needs to be locked for 5 months, but during the…

DeFi aggregate revenue agreement yearn.finance will launch a V2 version of customizable revenue mining strategy

Andre Cronje’s DeFi aggregation revenue agreement yearn.finance will be released in V2 within 3 to 4 days. yearn.finance said that this new version designs a new method to solve the problems of “yield farming” and other problems such as overcomplexity, and realizes automated process operations. The new system will consist of three parts: yVaults, Controller, and Strategies. The system is designed to reduce Gas costs. Even in the case of 100 gwei, the cost of deposits and withdrawals is as…

The former president of Nissan who fled Japan used Bitcoin to pay his associates, and Coinbase provided evidence of the transfer

Carlos Ghosn, the former president of Nissan and Renault Motors of France, who had been caught in the corruption scandal before, was revealed that his son used Coinbase to pay about $600,000 in Bitcoin to two men who helped him escape to help Carlos Ghosn escape from Japan and return to Lebanon. U.S. prosecutors stated that the Coinbase exchange has provided evidence of the transfer to Japanese investigators, showing that a transaction of 63 bitcoins between January and May 2020…

Digital banking infrastructure provider Banxa and trading platform Zero Hash collaborate to expand the North American market

Australia-based digital banking infrastructure provider Banxa announced that it will use the custody and settlement infrastructure of the trading platform Zero Hash to provide supervision and technical means for its expansion, and plans to expand to the North American market through the fiat currency gateway API solution. Chain Wen previously reported that Banxa announced the completion of a US$2 million pre-IPO round of financing at the beginning of this month. This round of financing was led by OK Group with…

Binance supports Polkadot DOT mainnet mapping and will open transactions when the recharge amount is met

Binance announced that it has supported Polkadot (DOT) mainnet mapping. Users who hold DOT can recharge to Binance through mapping. Binance also stated that only users who have not yet mapped DOT to their DOT mainnet wallet can map DOT to Binance. It is expected that DOT withdrawals will be available from the end of August to early September (the DOT network is required to support transfers). At the same time, regarding transactions, DOT will only consider opening transactions when…

Encrypted hardware wallet BC Vault integrates Crypto.com Pay as a purchase channel

Encrypted hardware wallet BC Vault announced the integration of Crypto.com Pay as a purchase channel, while supporting Crypto.com tokens CRO, BTC, LTC, XRP and other tokens as payment assets. At the same time, the company said that using Crypto.com Pay to buy hardware wallets in BC Vault, the maximum discount is up to 20%.

Binance will list THORChain token RUNE on July 24th

Binance will launch THORChain (RUNE) on July 24 at 19:00 (Hong Kong time), and open the RUNE/BNB, RUNE/BTC, RUNE/BUSD trading markets. Binance also stated that the RUNE recharge channel is now open, and the RUNE listing fee is 0 BNB.

Opera browser: The monthly activity of the encrypted wallet is about 170,000, and it will cooperate with Dapp.com to support the Web 3 application store service

The Norwegian-based web browser company Opera announced the usage of its built-in cryptocurrency wallets on the Internet, and said that nearly 170,000 users use its built-in Ethereum, Tron, and Bitcoin wallets each month, but the total number of monthly active users of Opera browser Is 360 million. Charles Hamel, head of Opera’s browser encrypted wallet, said that the Ethereum wallet is the most popular wallet type for users. Opera also said that it will cooperate with Dapp.com to provide support…

CoinMarketCap: The ranking of BNB as the first DeFi token is caused by “human error”

According to a report by Cointelegraph, the cryptocurrency data platform CoinMarketCap stated in the announcement that the previous listing of BNB on its newly added “DeFi Token Ranking” page was caused by “human error”. The error has been corrected and it emphasized that CoinMarketCap has always remain neutral. Chain News previously reported that CoinMarketCap said last month that it added a “DeFi Token Ranking” page on the website, allowing you to view the market value, price, supply and other information…