Interactive Brokers, one of the largest online brokerage firms, has announced today it is offering cryptocurrency trading services in alliance with Paxos. Users of the platform now have a complete suite of cryptocurrency trading options, along with traditional trading offerings like stocks and bonds. The company recognized the importance of digital assets for traders to help them achieve their financial objectives. Interactive Brokers Debuts Crypto Trading Interactive Brokers, an online brokerage with more than one million customers, has introduced cryptocurrency to its suite of trading options, plans for which its…
Read MoreDay: September 15, 2021
Zabu Finance Suffers First Big Exploit in Avalanche Defi, Loses $3.2 Million
Zabu Finance, a decentralized yield farming protocol on Avalanche, suffered the first big hack related to the chain. The protocol was the victim of an exploit that allowed an attacker to steal $3.2 million in tokens, according to reports. The core of the exploit happened due to a vulnerability in the design of the Spore token, which allowed the minting of 4.5 billion zabu that were successfully withdrawn from the platform, taking the value of the currency to 0. Zabu Finance Suffers First Big Avalanche Hack Zabu Finance, a yield…
Read MoreDigital Ruble to Help Curb Use of ‘Money Surrogates,’ Russia Says in Financial Strategy Document
The launch of a digital ruble will be among Russia’s key priorities of digitalization this decade, the country’s financial market development strategy has confirmed. The document claims the issuance of a digital national fiat will help the central bank to prevent Russians from using “money surrogates” as officials have previously called cryptocurrencies. Bank of Russia to Issue Digital Ruble by 2030, According to Financial Market Development Plan The Strategy for the Development of the Financial Market of the Russian Federation by 2030 was released this week by the Ministry of…
Read MoreKICK.IO’s Token Will Be Available on ExMarkets LaunchPad, 15th September
As the $ADA bull market continues to gather steam – with new price records set each month – many within the Cardano community are asking, what’s next? The limitless possibilities within the Cardano ecosystem offer many opportunities for both project creators and their investors. But financial and informational asymmetries have always been a major limiting factor. That’s why KICK.IO, a non-custodial crowdfunding protocol, was created to make sure that this immense potential is utilized to its fullest. The platform will ensure projects have access to the most advanced kickstarting and…
Read MoreDapper Labs and Flow Blockchain to Get a Boost From Big Tech as Studio Partners With Google
Google is joining forces with the blockchain firm Dapper Labs in order to help bolster Web3 development, blockchain gaming, and non-fungible token (NFT) technology. The blockchain company’s CEO Roham Gharegozlou tweeted about the deal on Tuesday noting that the firm was “amped to welcome Google to the Flow blockchain.” Google to Collaborate With Dapper Labs Various reports indicate that the American multinational technology company that specializes in Internet-related services, Google, has partnered with Dapper Labs. The Google collaboration announcement follows Dapper Labs’ recent partnership with Filecoin. Speaking with Forbes’ contributor…
Read MoreArk Invest’s Cathie Wood Doubles Down on $500K Bitcoin Prediction, Discusses Crypto Regulation
Ark Investment Management CEO Cathie Wood expects the price of bitcoin to be more than $500,000 in five years’ time, which is over 10 times what it is today. She also shared her view on cryptocurrency regulation and Coinbase’s trouble with the U.S. Securities and Exchange Commission (SEC). Cathie Wood’s Ark Invest Predicts $500K Bitcoin Cathie Wood, the CEO of Ark Investment Management (Ark Invest), discussed bitcoin and crypto regulation in an interview at the SALT conference Monday. Wood is also the firm’s founder and CIO. She was asked what…
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