Binance has announced a new DeFi Index line of perpetual contracts that will be listed on Binance Futures. The contracts will be denominated in Tether Dollars (USDT) and have leverage of up to 50x. The Index, which represents a composite of DeFi protocol tokens, will be compromised of Band Protofol (BAND), Compound (COMP), Kava.io (KAVA), Kyber Network (KNC), Aave (LEND), Chainlink (LINK), Maker (MKR), Synthetic Network Token (SNX), Swipe (SXP), and 0x (ZRX). The Most Diverse Audience to Date...

The security of custody measures on digital assets platforms has been a huge matter of concern for the last several years, and rightfully so. These days, large-scale cryptocurrency exchange hacks are a relatively rare occurrence; however, as recently as last ago, exchange hacks were almost commonplace. In 2018, $875 million was stolen in six major hacks; in 2019, $282 million was stolen in 11 hacks. The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation While the year...

The price of Bitcoin this week steadily declined from $11,800 to $11,500, a downward shift of roughly three percent. At press time, Bitcoin appeared to be moving back up. The Most Diverse Audience to Date at FMLS 2020 – Where Finance Meets Innovation In other words, there wasn’t a lot going on this week for Bitcoin–however, that could be a good thing. After Bitcoin’s big push from roughly $9000 to levels above $11,000 at the end of July, there has been a month of relative calm as Bitcoin has...

Ex-Bitsonar employee Yaroslav Stadchenko, a former employee of alleged Bitcoin ponzi scheme Bitsonar, appears to have been kidnapped in Ukraine. The kidnappers likely targeted Stadchenko because of his intentions to file complaints about Bitsonar internationally. Local news sources have circulated a blurry video of a group of people shoving a man inside a gray minivan on a darkened street. The man screamed for help; passers-by ordered the people to let the man how. In the end, though, the...

A new report claims that transactions on the Ethereum blockchain network may be vulnerable to “frontrunners,” or certain kinds of arbitrage bots that attempt to exploit pending transactions. Dan Robinson, the Paradigm research partner who authored the report, said that the problem could become worse. These “frontrunner” arbitrage bots monitor Ethereum’s “mempool”, which is the set of transactions that have yet to be confirmed on the network. Once the bots identify a vulnerable transaction,...