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Jump Trading started accumulating tokens from DeFi projects

Analytics platform LookOnChain reported that trading company Jump Trading has started a large-scale purchase of tokens of DeFi projects. The investment began after bitcoin rose to $30,000. According to LookOnChain, Jump Trading bought a significant ...

Binance refuses to delist anonymous coins in Europe

Cryptocurrency exchange Binance announced that it has decided to cancel its plan to delist a number of digital coins in the EU. The company explained that in this way it follows the EU laws. Previously, Binance was going to exclude from the listing ...

Japan allowed token issuers not to pay tax on unrealized profits

National Tax Agency of Japan revised the law on taxation of cryptocurrencies. Now companies issuing tokens don't have to pay 30% tax on unrealized profits. Japan's parliament has been debating new tax rules for cryptocurrencies since last August, b ...

One trader bet $4 million on the fall of the TUSD stablecoin

One of the Aave protocol users opened a large position on the fall of TUSD. It's related to the problems of stabelcoin - the trader expects its rate to be detached from the U.S. dollar.. Earlier, the developers of TrueUSD stopped issuing their toke ...

Celsius creditors accused market maker Wintermute of falsifying trading volume

Investors in bankrupt cryptocurrency lender Celsius accused market maker Wintermute of helping CEO Alex Mashinsky "inflate" the price of the CEL token by falsifying trading volumes.. The plaintiffs, who filed suit against Alex Mashinsky and other t ...

SAP is testing Circle Stablecoins for international payments

Large German software developer SAP has launched a pilot project of international payments with the use of Stablecoins Circle USDC and EUROC. Tokens are used on the Etherium network. SAP executives try to solve problems of sending money quickly ove ...

JPMorgan launches euro payments via JPM Coin blockchain platform

Large investment bank JPMorgan said it has begun processing euro-denominated payments through its blockchain platform JPM Coin. The JPM Coin project appeared in 2019, and in 2020 the system began to be used for commercial payments. The platform all ...

Paolo Ardoino: “Tether does not compete with the U.S. banking system

The chief technology officer of Tether said that the company, which issues the largest steblecoin, is not competing with U.S. banks, but rather is making the U.S. dollar even more in demand. In an interview with The Wolf of All Streets podcast, Pao ...

German intelligence releases NFT collection with dog theme

The German Intelligence Agency (BND) has released an NFT collection with a dog theme. Tokens can only be obtained by solving the code, and the lucky ones will be offered a job in intelligence. There are a total of 999 NFTs in the collection called ...

MUFG is in talks to launch stabelcoins on its platform

Japan's largest bank, Mitsubishi UFJ Financial Group (MUFG), is set to launch the world's largest steblecoins on its blockchain platform and is in talks with leading companies. This intention is related to the law on stabelcoins in Japan, which pro ...