Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

If the market is so fragile it can be brought down by the fall of a single stablecoin, then it should happen sooner rather than later. Most of you have too much invested to be unbiased.

Of course I don't want the whole crypto market to crash and for many of the exchanges to possibly go bankrupt, but where's the benefit in just ignoring the problem until it explodes even more further down the line? Many say that load-bearing stablecoins should just "slowly lose relevance" but that's just not reasonable at…
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BitcoinUSD․com Launches a Market Watch Site

PRESS RELEASE. BitcoinUSD.com, a website developed to educate the public on crypto exchanges and current prices, launched its new website. The new site provides more information on current cryptocurrency prices, live market cap, news and educational articles through its crypto blog. The new site offers a variety of features. These include information on various coins, […]

Why decentralized messaging apps will replace today’s social media platforms

Centralized communication platforms prove to be an easily identifiable weakness in activist movements.

Major Korean law firm decides to sue Do Kwon after UST collapse

submitted by /u/Far-Scholar9028 [link] [comments]

U.S. court rejects Tether’s bid to conceal reserve records from the public

submitted by /u/pyritejet [link] [comments]

Unizen Grows Its CeDeFi Exchange, Adding ZCX/USDT Trading Pair Into The Mix

CeDeFi exchange platform Unizen is adding new options for holders of its utility token with the addition of the ZCX/USDT trading pair on its platform. Unizen is the operator of a smart exchange platform that’s focused on marrying centralized and decentralized exchanges, a concept known as CeDeFi. Its platform operates under customary financial regulations yet also plays nicely with modern innovations within the world of decentralized finance. Through Unizen, traders get to access the liquidity of centralized exchanges and the unique functionality of various DeFi apps, along with the best possible rates when trading different assets. Besides its advanced trading options, Unizen offers Dynamic Multi-Asset Staking functionality where users can stake their ZCX tokens in an array of liquidity pools to earn rewards in multiple kinds of crypto assets. ZCX also enables governance, with holders able to vote on various issues affecting the platform that require the community’s consensus. In addition, ZCX holders get to participate in crowdfunding on ZenX Labs, which is Unizen’s accelerator for emerging crypto projects. Given the versatility of the ZCX token it has seen big demand from Unizen’s community. There will likely be a lot of interest in the ZCX/USDT trading pair, which gives holders the ability to easily swap their tokens with Tether stablecoins. There is more to come as well, as Unizen has promised that this is the first of many new listings to emerge on its platform. Over the coming weeks and months, Unizen said plans to launch multiple new trading pairs that will provide additional options and opportunities for its users. As to what those new pairs will be, that hasn’t been revealed. However, Unizen said the forthcoming pairs will include a number of “partner projects” as well as the winners of its “Tournament of the Alt” competition. With so much to look forward too, Unizen believes its platform is all set to become the “destination of choice” for retail and institutional investors looking to explore the emerging world of CeDeFi.   Image source: Unizen

Australian Taxation Office to Focus on Capital Gains From Crypto Assets

The Australian tax agency has listed crypto-related profits among several priority areas where more efforts are needed to ensure correct reporting. The authority has reminded taxpayers they need to calculate any capital gain or loss from the sale of digital coins and tokens and record it in their tax returns. Australian Taxpayers Warned They Should […]

Layer 2 (zkSync) Swaps and Fiat On-Ramp are Now Live on Numio

Hello /r/ethereum, Our timing for this release couldn’t be much worse but bears haven’t stopped us building before and they won’t stop us now. If you didn't know, Numio is a non-custodial, Layer 2 Ethereum, mobile app available on Android and iOS. First released in 2020, we were the first app to be built on…
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