Trouble in Defi Paradise: Compound-Issued DAI Surpasses DAI in Circulation

A number of cryptocurrency proponents have been discussing the stablecoin DAI this week, as the DAI allegedly held on the Compound platform is much...

UK Court Denies Maduro Access to $1 Billion of Venezuela’s Gold

The UK is denying Nicolas Maduro access to Venezuela’s gold worth about $1 billion, stored at the Bank of England. The UK High Court...

Bad Ravencoin Code Allows Attackers to Generate Coins Without Mining

“The vulnerability does not allow the stealing of RVN or assets that you own and control, but the minting did create RVN that should...

Irish Charity Receives $1.1M Grant to Build Blockchain Platform for Aid Distribution

The grant will also allow Oxfam to scale the project across the Pacific region and explore its potential in sub-Saharan Africa and the Caribbean.

Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition

Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29.6 million from $27 million a year ago. For the year, operating...

$11 Trillion Offshore Assets Uncovered After 100 Countries Share Information on 84 Million Bank...

Governments in nearly 100 countries have been sharing offshore bank account information in an effort to crack down on tax evasion. Their “Automatic exchange...

There Are More DAI on Compound Now Than There Are DAI in the World

The amount of DAI deposited on Compound skyrocketed by more than $140 million on Thursday – somehow exceeding the total amount of DAI in...

Alt-Right Activist Stefan Molyneux Banned from Youtube, Raises $100K in Crypto Donations

The founder of Freedomain, philosopher and alt-right activist, Stefan Molyneux, received more than $100,000 in cryptocurrency donations after he was banned from Youtube on...

Brewdog Tokyo Accepts Bitcoin Cash Payments: Local BCH Meetup Gathers to Celebrate

On July 1, 2020, the popular eatery and bar in Japan, Brewdog Tokyo, started accepting bitcoin cash payments for products and services. The establishment...

Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2...

The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans...

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