Multicoin Says ‘Super Apps’ Plan Behind $1.5M DeFi investment

Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralize...
April 23, 2020

Google Removes 49 Phishing Extensions That Steal Cryptocurrency Data

Google recently removed 49 phishing Google Chrome web browser extensions after receiving reports about their activity. Harry De...
April 23, 2020

China’s Internet Finance Association Says Blockchain Is Maturing

A recent survey by China’s National Internet Finance Association of China (NIFA) has found that blockchain technology is gainin...
April 23, 2020

ShapeShift Acquires Non-Custodial Wallet Provider to Expand User Access to DeFi

Cryptocurrency exchange ShapeShift has acquired Israeli non-custodial wallet provider Portis. Founded in 2018, Portis is a non-...
April 22, 2020

Bitcoin Hash Rate Erases March Losses Before ‘Epic’ Difficulty Surge

April 24, 2020
Bitcoin (BTC) has posted a fresh sign of recovery as its hash rate bounces back to levels from before March’s crash. According to data from monitoring resource Blockchain, as of April 15, Bitcoin’s 7-day average hash rate was 114 quintillion hashes per second (h/s). BTC hash rate hits early March levels Th...

China’s Digital Yuan Reportedly to Test in Four Cities

April 24, 2020
Screenshots of a purported pilot version of a wallet app for China’s forthcoming digital yuan are circulating on social media. Ling Zhang, executive director of M&A, Global Fiat, at cryptocurrency exchange Binance first shared the images on April 14, later retweeted by the exchange’s CEO, Changpeng Zha...

Philippine SEC Exposes Fraudulent ‘Abundance-Based’ Crypto Investment Scheme

April 24, 2020
The Philippines Securities and Exchange Commission (SEC) has flagged its third cryptocurrency scam this month, warning investors against a scheme dubbed “The Billion Coin” (TBC). Marketed as a so-called “abundance-based cryptocurrency,” the SEC said in an advisory on April 14 that TBCoin’s promoters presen...

Multicoin Says ‘Super Apps’ Plan Behind $1.5M DeFi investment

April 23, 2020
Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralized finance (DeFi) protocol dForce.  Mable Jiang, the principal of crypto venture capital firm Multicoin Capital, told Cointelegraph that dForce’s plan to launch a “super-app&#...
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