• Binance launches staking service
    Alt coins

    Binance launches staking service amid DeFi Craze

    Binance will distribute 5% of the total supply of decentralized finance ecosystem Bella Protocol (BEL) to users who stake Binance Coin, Binance USD or Arpa Chain tokens on its exchange

    On Sept. 9, Binance’s new “Launchpool” service will allow users to earn newly launched tokens by staking the exchange’s crypto asset Binance Coin (BNB), its stablecoin Binance USD (BUSD) or the token of data renting protocol Arpa Chain (ARPA).

  • PornHub Now Accepts Bitcoin Litecoin
    Alt coins,  Bitcoin,  Litecoin,  Tether

    PornHub embraces Bitcoin, Litecoin

    The world’s largest porn site now supports Bitcoin and four altcoins as a payment method

    The announcement follows the April 2018 PornHub partnership with privacy-oriented cryptocurrency Verge, which resulted in the coins being accepted by the website as a payment option. In November 2019, PayPal cut off payments to PornHub’s 100,000 webcam models, which resulted in the price of Verge rising by 33%.

  • Tezos settles class action
    Alt coins,  Regulation

    Tezos pays $25M to settle securities law class action suit

    The funds will be distributed among “all persons and entities” who have participated in the 2017 Tezos’ initial coin offering

    The legal fight in question concerns the $232 million initial coin offering (ICO) that the Tezos team held in 2017, during the ICO craze. The lawsuit alleges that the coin distribution was an unregistered securities offering.

  • OKEx bets on DeFi
    Alt coins

    As yearn.finance skyrockets, OKEx bets on DeFi

    The cryptocurrency exchange listed eight tokens from the decentralized finance space in one day, including Yearn’s YFI

    While many DeFi tokens have been spiking over what is being called DeFi summer, none has matched YFI. It is the governance token of the yearn.finance ecosystem, which began as an automation tool for finding and moving funds to the DeFi lending platform offering the best interest rate, or yield aggregation. automated marketing making.

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