A Unique Yield Farming Platform
The cryptocurrency industry has experienced a rapid growth in the past decade since the advent of Bitcoin. The
Read More
Platform
Cred customers demand answers after platform files for bankruptcy
United States-based cryptocurrency lending service Cred filed for Chapter 11 bankruptcy protection on Saturday, leaving many customers searching for solutions to get their funds. According to court documents, the legal team for Cred CEO Daniel Schatt filed bankruptcy papers for the company in the District of Delaware on Nov. 7. Cred listed
Read More
Netherlands registers first consumer-facing crypto platform since AMLD5
Crypto exchange BLOX received the go-ahead to operate in the Netherlands, making it the first platform to do so since the country implemented the European Union's 5th Anti-Money Laundering Directive, or AMLD5."BLOX is the first consumer-focused cryptocurrency company that will be included in the registry of the Dutch Central Bank,"
Read More
Election Bets Drive Fee Spike at Predictions Platform Polymarket
Decentralized predictions platform Polymarket has passed DeFi protocol SushiSwap to become the fourth-highest blockchain project in terms of fees generated.According to Cryptofees, the platform is averaging over $100,000 in daily takings and currently trails behind first-place Bitcoin, Ethereum (second) and DeFi protocol Uniswap (third).The rise is partly due to
Read More
NIFTEX Raises $500K to Build Out NFT Trading Platform
Singapore-based NIFTEX, the platform that allows for the fractional trading of non-fungible tokens (NFTs), announced a $500,000 funding round led by 1kx and joined by CoinFund, MetaCartel Ventures, Sparq and Digital Currency Group (CryptoX’s parent company).The company launched its alpha version five months ago and has generated more than $2
Read More
Alameda Research Invests $3M in 3Commas Crypto Trading Platform
Sam Bankman-Fried’s Alameda Research has invested $3 million in trading platform 3Commas.“We had offers from other bigger names in the space as well,” founder and CEO Yuriy Sorokin told CryptoX in an interview, “but I love Sam because he talks straight to the point compared to these other Western negotiators.”Sorokin’s
Read More
A Flexible, Low-Risk Crypto Collateral Lending DeFi Platform
The cryptocurrency industry has come a long way since its inception, as the underlying technology undergoes constant evolution.
Read More
Spanish Police Arrest Head of Billion-Dollar Crypto Arbitrage Platform on Fraud Allegations
Spanish National Police have arrested the operator of cryptocurrency arbitrage firm Arbistar 2.0 in a crackdown on the platform that researchers and investors allege to be a massive bitcoin Ponzi scheme.The arrest should serve as a reminder to crypto investors of the value bitcoin’s traceable blockchain provides to investigators. While
Read More
Justin Sun’s BitTorrent to Acquire Esports Platform for New Streaming Ecosystem
BitTorrent is going through another transformation. Announced Thursday, the peer-to-peer platform plans to acquire blockchain-based esports streaming service DLive.tv, which will be migrated – along with existing BitTorrent services – into a newly formed entity, BitTorrent X.DLive was selected as part of BitTorrents’ attempt to pivot its core business model
Read More
Crypto Cash Back, Rewards Platform StormX Introduces Referral Program
The new referral program of StormX provides a win-win opportunity for both existing as well as future users. The existing users can earn up to $1000 for each referral. On the other hand, new users will benefit from the platform’s cashback rewards system.On Wednesday, October 21, cryptocurrency rewards platform StormX
Read More