ParaFi Capital, an investment firm focused on blockchain and DeFi, has invested in Kyber Network and will work with the project on adoption and governance. Author: Sebastian Sinclair
Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network – which could help explain ether’s outperformance of bitcoin in 2020. Author: Daniel Cawrey
Crypto Card Issuer Wirecard Says It’s Missing $2.1B in ‘German Enron’ Scandal
Wirecard admitted the accounting hole was roughly a quarter of the company’s total balance sheet. Author: Paddy Baker
Bitfinex Granted 2 of 3 Subpoenas in Hunt for Missing Millions
The U.S. District Court of Georgia has denied a subpoena request by the exchange’s parent firm as it tries to track down a missing $850 million. Author: Sebastian Sinclair
Binance Joins Indian Tech Association That Helped Overturn Crypto Banking Ban
Binance and the Internet and Mobile Association of India (IAMAI) say they’ll work to implement industry best practices in the Indian crypto market. Author: Sebastian Sinclair
