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SUSHI is The New DeFi Hit: $350 Million Already Locked in Farming As The Token Dumped 99%

Every day brings something new to the cryptocurrency market as the DeFi craze continues to boom and surprise.Announced on August 26th, the SushiSwap project is attempting to take the concept behind the leading decentralized exchange protocol, Uniswap, and offer an alternative with further incentives to liquidity providers.Enters SushiSwap: What is it?In an announcement from August 26th, a team of developers revealed the SushiSwap project – an initiative attempted to be “an evolution of...

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DeFi Party: OKEx Adds 8 DeFi Tokens At Once

The popular cryptocurrency exchange OKEx has double-down on its DeFi-related endeavors by listing several new assets from the field.Company CEO Jay Hao promised that OKEx will continue to observe and act accordingly to the growing DeFi trend.OKEx Lists 8 DeFi TokensThe Malta-based spot and derivatives cryptocurrency exchange announced the addition of eight “promising” DeFi tokens, thus “reinforcing its commitment to the expanding DeFi economy.” The assets are Band Protocol (BAND), JUST (JST),...

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Bitcoin Reclaims $11.5K, ETH Above $400: The Sushi Farming Tokens Skyrocket (Market Watch)

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts.Bitcoin Back Above $11,500The primary cryptocurrency saw its fair share of price dumps in the past few days. BTC even experienced quite volatile developments following an announcement from the US Federal Reserve...

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U.S. Initiates Lawsuit Against North Korea Over Stolen Digital Currencies

The United States is saying “enough” when it comes to the hacking history of nuclear state North Korea. The country is now suing its rival for control of more than 200 separate bitcoin and Ethereum accounts which allegedly contain crypto funds that were taken illegally from two trading exchanges.North Korea Is Being Taken to CourtNorth Korea has a long history of stealing cryptocurrency to fund its illicit programs. The country is allegedly the home of Lazarus, a hardcore hacking organization...

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US DOJ Goes After 280 Cryptocurrency Accounts Linked to North Korean Hackers

Yesterday, the United States’ Department of Justice filed a complaint to seize 280 cryptocurrency accounts operated by notorious North Korean hackers. They allegedly stole millions of dollars worth of crypto assets from two cryptocurrency exchanges and also sought the help of Chinese OTC traders to launder the funds.US DOJ Moves To Seize Cryptocurrency Accounts of North Korean HackersIn a civil forfeiture complaint, America’s apex house of justice moved to disrupt the nexus between North...

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Bitcoin Wallet Stashes Just Keep Getting Bigger

The number of digital wallets containing more than 1,000 bitcoin units has grown to an all-time high. According to the Bitcoin Rich List, roughly 2,190 separate wallets contain 1,000 units of bitcoin or more each, which makes sense considering the circumstances that have surrounded the world’s most popular – and largest – cryptocurrency by market cap as of late.A High Number of Growing Bitcoin WalletsAs it stands, more and more people are beginning to view bitcoin in a positive light. In...

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Egor Kriuchkov Charged in $1 Million Bitcoin-Computer Crime

Another instance of bitcoin crime is in the books. This time, the culprit is potentially a Russian man named Egor Igorevich Kriuchkov who sought to pay the employee of a Nevada-based company $1 million in bitcoin to install malware onto the company’s network.Kriuchkov Is Currently Being Held to Await TrialKriuchkov entered the United States on a tourist visa and through a Russian passport. He initially met with the employee of the company several times before initiating the plan, according to...

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Polkadot (DOT) Leading the Trending Coins of This Week, YFV and YFL Behind

The last couple of weeks have been nothing short of intense on the cryptocurrency market. For the first time since 2016, an altcoin flipped Bitcoin’s price as YFI traded above 1 BTC.Polkadot (DOT) is currently all the rage as all eyes are turned on the project and its native cryptocurrency. Data from CoinGecko suggests that it’s the most trending coin over the past seven days, followed closely by several DeFi coins such as Mantra DAO, YF Value, and YF Link.Polkadot (DOT) Dominates Recent...

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Crypto Price Analysis & Overview August 28th: Bitcoin, Ethereum, Ripple, Chainlink, and Polkadot

BitcoinBitcoin saw a small 4% price drop this week as it headed into the $11,300 support (downside 1.272 Fib Extension). During the week, the coin broke beneath the August rising trend line. The bulls attempted to recover, but the previous support flipped into resistance and the buyers failed to overcome it.On Tuesday, Bitcoin plummeted by 6% from $11,770 to a low of $11,150 (.382 Fib Retracement). Luckily, the bulls pushed higher to close the daily candle above the $11,300 support (downside...

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Open Banking: Führende Initiativen spannen zusammen

Mehr Klarheit im Schweizer Open Banking: Führende Initiativen spannen zusammen Bereits seit einigen Jahren existieren verschiedene Schweizer Initiativen mit dem Ziel, die Schnittstellen-Thematik zwischen Banken und Drittanbietern zu adressieren. Dabei sollen entsprechende bankfachliche Standards definiert werden, die entscheidend für nachhaltige Innovationen im Finanzsektor sind. Seit diesem Monat haben die beiden führenden Initiativen...

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