• Huobi targets money laundering
    Huobi hopes its new Star Atlas tool will ferret out fraudsters and money launderers (Photo: Piqsels)
    Regulation,  Technology

    Huobi targets money laundering, fraud

    New Star Atlas analytics tool will allow the cryptocurrency exchange to automatically detect and trace fraudulent or illegal transactions

    April 13, 2020 /

    Huobi Group announced today that it has launched Star Atlas, a new analytics tool designed to monitor on-chain transactions and activities “in real time to identify and flag suspicious or problematic transactions" such as money laundering, fraud, illegal dark web sales, and even price manipulation.

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  • Maker Foundation to dissolve
    The Maker Foundation may not be around in a few years, founder Rune Christensen hopes (Photo: MakerDAO/YouTube at DevconV)
    Alt coins

    ‘Completely pointless’ Maker Foundation to dissolve

    New proposals seek to turn MakerDAO into a truly decentralized, self-sustaining organization, ending a vicious cycle of ‘urgency, apathy, distraction, and denial’

    April 3, 2020 /

    MakerDAO founder Rune Christensen unveiled proposals yesterday that will effectively cause what he believes has become a “completely pointless” Maker Foundation to dissolve over the next few years, allowing the decentralized autonomous organization live up to its name.

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  • Huobi Perpetual swaps ‘exploit market volatility’
    A volatile market can be lucrative or very, very risky (Photo: Wikimedia Commons)
    Bitcoin

    Huobi perpetual swaps ‘exploit market volatility’

    Huobi DM pitches new perpetual swaps futures contracts as a way to profit from extreme price swings

    March 30, 2020 /

    In the wake of Black Thursday, Huobi Group’s derivatives platform launched a perpetual swaps product it says can help cryptocurrency traders profit from market volatility, and also hedge against it.

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  • Full MakerDAO decentralization
    The Maker Foundation is turning over the reins to MKR governance tokens (Photo: PXFuel).
    Ethereum,  People,  Technology

    Full MakerDAO decentralization moves closer

    The Maker Foundation took a big step toward relinquishing authority over the DeFi lending platform by turning full control of the MKR governance token over to holders

    March 26, 2020 /

    The Maker Foundation's decentralization announcement came hot on the heels of a post-Black Thursday debt crisis that threatened to force an emergency shutdown of the MakerDAO decentralized lending platform. That was resolved a day earlier by a reverse auction following a series of votes by MKR token holders.

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