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IOST Blockchain Will Support Stablecoin HUSD to Boom DeFi Ecosystem

China,Beijing, Jan. 13, 2021, IOST is thrilled to announce our plan to support HUSD- a U.S. dollar-pegged stablecoin by Stable Universal Limited. Notably, IOST is the first batch of public blockchains to support HUSD & the second blockchain outside Ethereum to complete the technnical deployment of HUSD. This significant milestone powers IOST towards building influence… Read More

UK Financial Regulator Warns Crypto Investors Can “Lose All Their Money” In Defi

The U.K.’s Financial Conduct Authority (FCA) has warned that investments and lending products related to crypto come with “very high risks,” CNBC reported. The FCA has issued previous warnings in the past but the latest comes after Bitcoin reached new highs of over $42,000 last week. The digital asset has since crashed to $33,000 after… Read More

Kylin Network + PlasmaPay Partnership Announcement

Kylin Network is proud to announce a partnership with PlasmaPay, which is actively building decentralized financial services and infrastructure for the global digital economy. In-kind, Kylin is building the data infrastructural components to power this new global digital economy by providing a context for validate and decentralized data feeds. Above and beyond oracle services with… Read More

U.S. Treasury Releases Proposed Rules; Hiring Crypto Policy Officers

The  U.S. Treasury has released its proposal to restrict money services businesses pertaining to dealing with self-hosted wallets. In the announcement, published by the U.S. Treasury’s Financial Crimes Enforcement Network, or FinCEN arm, the regulator announced recommended rules demanding enrolled crypto exchanges to verify the “identity of their customers, if a counterparty uses an unhosted… Read More

French Ministry Of Finance Releases Strict KYC Requirements For Crypto As U.S. Plans Similar Actions

The French Ministry of Finance has revealed rigorous know-your-customer (KYC) requirements for all crypto transactions. According to a new document released by French Minister Bruno Le Maire, all virtual asset providers (VASPs) in France will now have to prohibit anonymous crypto accounts and cryptocurrencies. The order allegedly inspired by the recent terror attack in France… Read More

IOST x RampDeFi Update | rStake Live on 9 Dec 2020!

IOST’s latest node RampDeFi is launching- rStake, the first ecosystem product of RAMP’s core liquidity unlocking solution on IOST on 9 December 2020. The on-going phase 2 focuses on the minting of native stablecoins on the various blockchains, which will then be bridged over to Ethereum as rUSD for exchange into USDT or USDC. RampDeFi… Read More

RampDeFi Node is Now Live on IOST!

Following up from the partnership with IOST announced in August, RAMP has launched RAMP IOST Node ahead of Phase 1 Solution Integration. width=”680″ height=”740″ frameborder=”0″ scrolling=”auto” allowfullscreen=”allowfullscreen” data-mce-fragment=”1″> Partnership Recap & Update In August, IOST & RAMP DEFI announced our partnership for stake farming and cross-chain liquidity unlocking. RAMP DEFI focuses on unlocking liquid capital… Read More

Brian Armstrong Warns Game-Changing Crypto Regulation Coming Under Trump Admin Echoing Bitboy Crypto’s Warnings

Brian Armstrong has warned about a rumored Trump Administration plan to crackdown on cryptocurrency. The Coinbase CEO tweeted a thread criticizing the U.S. Treasury Department’s purported scheme to attempt to track owners of self-hosted non-custodial cryptocurrency wallets with data collection including know your customer laws. Last week we heard rumors that the U.S. Treasury and… Read More

Bitsquad AMAs: DEXKIT

Today, the Bitsquad hosted an AMA (ask me anything) with Dexkit’s lead developer João Campos and his team. We also gave away $200 in ETH and 5,000 BITT tokens. to some lucky winners. If you missed the AMA but want to recap what questions were asked by Catoshi Nakamoto and the responses of the team,… Read More

Defi Community Wants To Sue Yearn Finance Creator Andre Cronje and Fork YFI

The decentralized finance (defi) community is upset with Yearn Finance founder Andre Cronje over Cronje’s secret Eminence (EMN) project after catastrophic losses due to an incomplete unaudited smart contract, and they want to sue him. According to a recent blog post published on Medium, a group of defi community members plans to sue Yearn Finance… Read More

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