Get your each day, bite-sized digest of cryptoasset and blockchain-related information – investigating the tales flying below the radar of right now’s crypto information.
- Coinbase has launched a rewards program for purchasers holding Maker‘s DAI stablecoin. To be eligible, customers with a verified id on the trade, who reside in one of many six nations that may obtain DAI rewards, should maintain no less than USD 1 of the stablecoin of their account. Per the web site, Dai Rewards are presently obtainable in the USA (besides Hawaii), the UK, Spain, Netherlands, France, and Australia.
- One of many largest derivatives exchanges on this planet, CME Group, mentioned that the institutional curiosity in bitcoin (BTC) futures is rising. Per their tweet on July 29, a brand new open curiosity document of 13,104 contracts has been set.
Institutional curiosity in #bitcoin futures is rising, setting a brand new open curiosity document of 13,104 contracts. Lear… https://t.co/zkYMDQ4zp0
— CME Group (@CMEGroup)
- OKB, the utility token adopted by crypto trade OKEx, has added 4 new partnerships: buying and selling bot platforms HaasOnline and Cryptohopper, the place OKB holders can earn a one-time passive revenue with 15% curiosity and discounted service charges; good contract platform MyWish, enabling holders to make use of OKB as a fee device on the platform; and the Saturn Community trade, which listed OKB, enabling holders to commerce and swap OKB there. OKB can now be used at greater than 70 designated retailers and repair suppliers, the trade mentioned.
- Dharma customers can now commerce any token within the protocol for automated token trade Uniswap V2, mentioned in an emailed press launch the Ethereum-based crypto lender. To have a good time the occasion, Dharma – which calls itself “‘the Robinhood of crypto / DeFi” – is providing a promotion for one full month till August 30, throughout which the lender pays for person gasoline and can cost no charges for swapping. All tokens (greater than 2,000 belongings) supported by Uniswap V2 are supported in Dharma now as effectively.
- Guangxi, the autonomous area of China that borders Vietnam, has constructed a “blockchain innovation” park, reported the Guanxi Each day (by way of Shanghai Securities Information). The park contains 100,000 sqm of commercial area and value round USD 14.3m to assemble. It is going to be utilized in half as a blockchain accelerator for promising tech companies and startups within the area, mentioned authorities.
- Japanese energy supplier Minna-Denryoku mentioned it should start promoting its blockchain expertise as a service. Per Coin Publish, Minna-Denryoku mentioned it should make its blockchain options obtainable to meals producers who need to enhance traceability of their provide chains. The corporate additionally desires to develop a blockchain-powered answer to assist certify the origin of construction-grade timber.
- Chinese language nationwide vitality supplier the State Grid Company of China (SGCC) has issued a slew of blockchain patents this 12 months, reported Shupeidian. The SGCC has issued extra patents than the likes of Nokia and Sony, the report’s authors added. The grid has lately launched its personal blockchain mainnet, with native energy suppliers now beginning to function nodes on the community.
- Dubai Economic system and Emirates NBD, a banking group within the MENAT area, has introduced that the UAE KYC Blockchain Platform is now dwell. Powered by Norbloc blockchain, this initiative was designed to facilitate digital buyer onboarding, immediate checking account performance, and sharing of verified KYC (Know-Your-Buyer) information between licensing authorities and monetary establishments, mentioned the press launch. The platform, “set to turn out to be a nationwide ecosystem for trade of verified KYC information,” is supported by Sensible Dubai and the Central Financial institution of UAE, whereas Business Financial institution of Dubai, ADCB, HSBC, and RAKBANK are additionally set to go dwell quickly.
- Elrond (ERD), a blockchain designed for worth switch, has introduced that it’s now dwell on mainnet. Per the emailed press launch, the primary software to launch on the Elrond blockchain is Maiar, a monetary software permitting customers to spend, stake, or lend ERD tokens. Customers should buy inside the app instantly with 150 completely different fiat currencies. Elrond mentioned it should additionally utterly remodel its financial mannequin with the purpose “to introduce deflation by shortage” and “a view to creating a brand new digital gold commonplace.”
- SBI Holdings, Ripple’s greatest Asian accomplice and the operator of the SBI Crypto mining agency and the SBI VC Commerce crypto trade, has reported that its internet revenue elevated by 39% in April-June. Per Nikkei, SBI VC Commerce had a “sturdy” first quarter of the present monetary 12 months (FY2020), whereas the agency’s overseas trade margin buying and selling additionally elevated.
- In Ukraine, two operators of an unlawful fiat to crypto trade might withstand six years in jail, reported Pravda Ukraine. The duo, residents of Khmelnytskyi, within the west of the nation, allegedly operated a web based trade, permitting Ukrainians to trade hryvnia for “crypto belongings and digital currencies.” Police say they confiscated PCs, cellphones and financial institution playing cards from the 2 people.
- Hackers are utilizing dogecoin (DOGE) to increase a malware botnet. Safety researchers at Intezer mentioned they detected a brand new malware payload that could be a totally undetected backdoor which they named Doki. Doki is “abusing the Dogecoin cryptocurrency blockchain in a singular manner with a view to dynamically generate its C2 area deal with,” and it “has managed to remain below the radar for over six months regardless of samples being publicly obtainable in VirusTotal,” mentioned the researchers.