Osato Avan-Nomayo, BeInCrypto

Osato Avan-Nomayo

BeInCrypto

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Past:
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Past articles by Osato:

$865M in Bitcoin Shorts Obliterated as BTC Sets New All-Time High

Bitcoin setting a new all-time (ATH) above $20,000 has seen about 74,000 traders with short positions liquidated across the crypto market. → Read More

SBI Financial Acquires UK Crypto Trading Desk B2C2

Japanese financial services giant SBI has acquired yet another crypto exchange, this time, the UK-based B2C2 cryptocurrency dealing desk. → Read More

Motorcycle Maker Soriano Motori Partners with Coinbase to Accept Crypto Payments

Italian motorcycle company Soriano Motori will accept crypto payments for its bikes, becoming the first motorbike firm to do so. → Read More

Russian Govt Officials Must Declare Crypto Holdings by June 2021

Russia’s insistence on crypto asset declaration will see government officials required to disclose their cryptocurrency holdings beginning... → Read More

Coinbase Pro to Add Bitcoin Trading Pairs for Blue Chip DeFi Tokens

Coinbase Pro is set to offer more traders the ability to trade popular DeFi tokens against Bitcoin (BTC) as part of its latest order book... → Read More

Bitcoin Worth $97M from 2016 Bitfinex Hack on the Move

In the latest round of fund distribution, about $97 million worth of Bitcoin (BTC) from the 2016 Bitfinex hack have been moved to new... → Read More

Breaking: Akropolis Reportedly Hacked for $2M in DAI Stablecoins

Decentralized finance (DeFi) protocol Akropolis has reportedly been hacked with the attacker making off with $2 million in DAI tokens. → Read More

$31.5M Satoshi-Era Bitcoin Could Be up for Sale –

A couple of consolidated bulk bitcoin (BTC) sums worth $31.5 million, untouched for ten years, may soon be sold on the market as the... → Read More

Australia Doesn't Need a Retail CBDC, Says Central Bank –

Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). → Read More

MKR Holders Vote Against Compensating Vault Owners Liquidated on Black Thursday –

After kicking the can down the road, the MakerDAO compensation vote finally happened with the majority voting against compensating vault owners liquidated on Black Thursday. Some reactions to the news say the development constitutes bad precedence with vault owners left holding the short end of the stick. No Compensation for MakerDAO Vault Owners On Sept. … → Read More

Major Iranian Power Company to Sell Electricity to Crypto Miners –

After obtaining clearance to begin crypto mining operations, some power companies in Iran are planning to also sell electricity to cryptocurrency miners in the country. Iran is apparently becoming one of the major cryptocurrency mining hubs outside China. Favorable government regulations based on licensing rather than prohibition is seeing the country account for a larger … → Read More

Skeptics Argue US Stocks Correlation a Major Problem for Bitcoin in 2020

The continued correlation between Bitcoin (BTC) and U.S. stocks in 2020 is calling into question crypto’s place as a hedge against market uncertainties. → Read More

China's DCEP Trials Restricted to Micro-Transactions, Says Central Bank

China's central bank has denied rumors of its planned digital currency electronic payment (DCEP) system being used for large value transactions. → Read More

Canadian Restaurant Tahinis Converts Entire Cash Reserves to Bitcoin

In another testament to the growing popularity of Bitcoin (BTC), Canadian restaurant Tahinis recently swapped its entire cash reserves for BTC. → Read More

Yam Finance Proposes Migration Plan After Rebase Failure Fiasco

Fresh from the failure of an attempted rebasing, Yam Finance is looking to engineer a migration to a new version of the protocol. → Read More

China CBDC Trials Coming to Beijing and 27 Other Cities

China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. → Read More

Kazakhstan Set to Impose Taxes on Crypto Mining

Bitcoin miners in Kazakhstan will soon be paying taxes to the state as the government looks to raise funds for COVID-19 recovery plans. Outside China, Kazakhstan controls the third-largest share of the global Bitcoin (BTC) mining hash rate. Recently, governments in West and Central Asia have begun to draft policies targeted at getting the most … → Read More

DEX Trading Volume Tops $4 Billion in July 2020

The meteoric growth in the trading activity for decentralized exchanges (DEX) is not slowing down as the total volume for July exceeds $4 billion. → Read More

Russian Bitcoin Ban: Putin Outlaws Crypto as a Payment Means

Crypto as a payment means will become illegal in Russia as from 2021, following the signing of a bill into law by President Vladimir Putin. → Read More

Austrian Telecoms Leader A1 Adopts Crypto for Cashless Payments

Crypto payments are coming to over 5M Austrians following a recent partnership between A1 Telekom Austria & local fintech startup Salamantex. → Read More