The famous gap in cryptocurrency prices in South Korean crypto exchanges and overseas ones known as “kimchi premium” raises some concerns among the nation’s government. The latest reports suggest that the country is planning to regulate international remittances tied to…
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Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers
The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African…
Baillie Gifford Invests $100 Million In Blockchain.com
110-year-old asset management firm Baillie Gifford has invested $100 million in bitcoin wallet, exchange and explorer tool Blockchain.com. The CEO and cofounder of cryptocurrency wallet and exchange service provider Blockchain.com, Peter Smith, has announced that investment management company Baillie Gifford…
First Foundation Partners With NYDIG To Provide Bitcoin Access To Clients
Financial services company First Foundation has announced a strategic investment in NYDIG to grant its customers access to bitcoin. In a new partnership, regional bank and financial services company First Foundation announced a strategic investment in institutional bitcoin solutions provider…
Finance Redefined: Puff, puff, pump on 4/20! April 16-21st
A new generation of crypto investors get taken for a ride as Aave makes some puzzling moves. Loyal Finance Redefined readers: Hi, I’m Andrew. My inestimable colleague Andrey, the previous compiler of this newsletter, is stepping away from Cointelegraph in…
Coinbase allocating 10% to innovation plays
The cryptocurrency exchange is looking to create a “culture of repeatable innovation” following the successful launch of its public offering last week. United States cryptocurrency exchange Coinbase has announced a new project aimed at increasing innovation in the nascent blockchain…
PancakeSwap eclipses Ethereum network in 24-hour transactions
Transactions on Binance Smart Chain are exploding, with PancakeSwap leading the way. PancakeSwap, a syrupy rabbit-themed decentralized exchange that calls the Binance Smart Chain its home, has surpassed the entire Ethereum network in terms of transaction volume over a 24-hour…
Ampleforth launches FORTH governance token as adoption grows
The FORTH governance token will give community members the ability to propose and vote on changes to the Ampleforth protocol. Base-money protocol Ampleforth announced the launch of a new governance token Wednesday, setting the stage for further expansion and community…
Beyond Finance Listing On Ascendex
PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the Beyond Finance Token (BYN) under the pair USDT/BYN on April 20 at 1:00 p.m. UTC. Beyond…
Weekly Decentralized Exchange Volumes Near $20B, Uniswap Captures Lion’s Share, Pancakeswap Trading Climbs
On Tuesday, the founder of the decentralized exchange (dex) Uniswap tweeted about the trading platform passing $10 billion in weekly trade volume for the first time. Decentralized trading volumes have grown massively, as dex platforms built on Ethereum have seen…
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