CryptoCurrency News: DeFi Aggregator Bella Protocol Announces $4M Seed Round

Beijing-based decentralized finance (DeFi) aggregator Bella Protocol announced Monday a $4 million seed round led by Arrington XRP Capital.

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CryptoCurrency News: Binance.US Expands Into Florida, Eyeing Millions of Potential New Traders

Florida's financial regulators granted Binance.US a money transmitters license in July.

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CryptoCurrency News: DeFi Is Just Like the ICO Boom and Regulators Are Circling

DeFi needs to self-regulate or, as happened with ICOs, regulators will punish irrational exuberance in the crypto markets.

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CryptoCurrency News: FTX Launches Uniswap Index Futures to Meet Surging Demand for DeFi Access

FTX said customers are demanding access to DeFi products.

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CryptoCurrency News: Huawei Builds Blockchain Platform So Beijing Govt Can Help Manage People’s Data

Huawei’s cloud services arm is helping the Beijing government set up a blockchain platform that would better track and manage people’s data ranging from medical records, real estate registration and real time parking updates.

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CryptoCurrency News: Moscow May Sell Footage From Public Security Cameras: Report

Moscow authorities can sell and broadcast in the internet video from surveillance cameras in the city, media report

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CryptoCurrency News: Blockchain Bites: Aave’s Advance, BitMEX’s Block, Turkey’s Bitcoin Trot

Turkey is in a bitcoin bull run, a Fed branch is studying blockchains to possibly support a "digital dollar" and Aave unleashed unsecured borrowing on DeFi.

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CryptoCurrency News: Brazil’s Central Bank Tasks Group With Laying Out Road Map to Digital Currency Issuance

The 12-member team will submit their findings – and propose a CBDC issuance model – to the central bank in 180 days.

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CryptoCurrency News: Canadian Software Startup Puts 40% of Cash Reserves Into Bitcoin

Graphic-design software firm Snappa described Bitcoin as "a far superior savings technology."

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CryptoCurrency News: Bitcoin Miner Layer1 Overstated Industry Vet’s Involvement in $50M Series A Pitch

Peter Thiel-backed Layer1 told potential investors in a recent pitch deck that bitcoin miner maker Canaan’s co-founder Liu Xiangfu joined its team as a key executive – except that’s not what Liu says.

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CryptoCurrency News: Bitcoin News Roundup for Aug. 24, 2020

With Turkey getting bullish on bitcoin and BitMex blocking users in part of Canada, CoinDesk's Markets Daily is back for your latest crypto news roundup!

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CryptoCurrency News: Ether Volatility Now Highest in Six Months Compared With Bitcoin’s

Investors are pricing more volatility in ether compared to bitcoin. It's yet another consequence of this year's boom in decentralized finance, or DeFi.

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CryptoCurrency News: Over $1M in Ryuk Ransomware Bitcoin Was ‘Cashed Out’ on Binance: Report

Researchers reportedly traced bitcoin sent as payments to Ryuk ransomware controllers and found a good portion passed through Binance.

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CryptoCurrency News: Marathon Brings New Rigs Online, Sees Becoming Cash Flow Positive

The company expects 1,000 more S19 machines by December.

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CryptoCurrency News: Boston Fed Is Looking at ’30 to 40′ Blockchain Networks for Digital Dollar Experiments

The Federal Reserve Bank of Boston is evaluating more than 30 different blockchain networks to determine if they would support a digital dollar

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CryptoCurrency News: Binance Taps DeFi Excitement to ‘Fuel’ Expansion Strategy in India

Binance is looking to accelerate business development in India during the local 2020 bull run – with an acute focus on decentralized finance.

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CryptoCurrency News: First Mover: Anything-Goes Token Market Repudiates Rich-Only Venture Capital Club

Venture capital is no longer just for the rich, as crypto markets let traders bet on early-stage digital-asset startups, risks included.

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CryptoCurrency News: Ethereum’s Fees Mean Choosing Between a World Computer and a Financial Network

Large public blockchains are destined to privilege the largest, most fee-tolerant transactions at the expense of non-financial uses.

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CryptoCurrency News: Leveraged Funds Take Record Bearish Positions in Bitcoin Futures

The funds likely boosted short positions to take advantage of attractive "cash and carry" yields.

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CryptoCurrency News: PBoC Says Digital Yuan Tests Focus on Small Transactions After Rumored Property Sale

The People's Bank of China has apparently played down rumors of a house sale settled with its in-the-works digital currency.

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CryptoCurrency News: No Collateral Required: How Aave Brought Unsecured Borrowing to DeFi

Aave’s “credit delegation” service makes unsecured borrowing possible in DeFi for the first time. But it’s a long way from replacing your credit card.

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CryptoCurrency News: Istanbul or ‘Coinstantinople’? Inside Turkey’s Bitcoin Bull Market

The relationship between economic crisis and crypto exchange activity in Turkey appears to have changed, with bitcoin coming out on the winning end.

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CryptoCurrency News: Crypto Derivatives Exchange BitMEX to Block Ontario Traders

The veteran cryptocurrency derivatives exchange is to block users in Ontario, apparently at the behest of the local securities regulator.

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