Sunday, September 20, 2020
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New Binance-Backed DeFi Site Lets You Earn Yield on Bitcoin, Other Non-Ethereum Assets

Kava Labs has launched its first application: a yield-generating decentralized finance (DeFi) platform for bitcoin and other non-Ethereum assets. The product, called Harvest and built on the Kava blockchain, allows users to stake their crypto so it can be lent out to other users. Harvest will initially support deposits of BTC,

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Binance-Backed Blockchain Auditing Firm Partners With Hyundai Subsidiary to Track Internet of Things Devices

Auditing firm CertiK and Hyundai subsidiary Hdac are teaming up to bring Internet of Things (IoT) devices onto a blockchain. Hdac’s blockchain platform attempts to combine secure authentication, seamless mapping and machine-to-machine transactions in a blockchain network with IoT devices. CertiK’s team of blockchain engineers worked closely with Hdac to audit

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Binance-Backed Crypto Bank Appoints Deutsche Bank Executive as New CEO

Malta-based cryptocurrency bank Founders Bank has appointed former executive of Deutsche Bank as its new CEO, according to a Bloomberg report on May 9.Backed by major global crypto exchange Binance, Founders Bank plans to assist blockchain and crypto-related firms in securing financial services from traditional banking institutions, the report

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Binance-Backed OTC Firm Releases Anti-Money Laundering Compliance-as-a-Service Product

Binance-backed over-the-counter (OTC) desk Koi Trading has partnered with IdentityMind, a platform for online risk management, to develop an Anti-Money Laundering (AML) compliance-as-a-service product. The development was announced in a press release published on March 12.The parties have reportedly released an AML compliance-as-a-service product dubbed “Koi Compliance,” supporting digital

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