Bitfinex added support for the Cardano cryptocurrencies

Bitfinex added support for the Cardano cryptocurrency

Bitfinex has announced the listing of the active cryptocurrency Cardano ADA. Trading is supported by the ADA / BTC, ADA / USD and ADA / USDT trading pairs.

AFTER Shelley's update, ADA token holders can participate in transactions by Proof-of-Stake and get bonuses.

Now the network is decentralized, also the developers have plans for the implementation of the function of smart contacts.

Pocle detsentpalizatsii ppotokola Cardano c pomoschyu Shelli, Bitfinex ppedlagaet vozmozhnoct ppiobpecti ADA in neckolkix yupicdiktsiyax Po vcemu mipu, pomogaya pealizovat tsel Cardano - ctat pepvoy Po-nactoyaschemu globalnoy financovoy opepatsionnoy cictemoy nA ocnove blokcheyna.

Bitcoin fund Adamant Capital ceased operations

Run by a staunch bitcoin supporter Tur Demeestr, cryptocurrency fund Adamant Capital has closed without much publicity.

Adamant Capital co-founder Mikhil Leskrovet told the publication that Demeestr closed the fund "for personal and family reasons."

Last month, Tour Demeestre posted a video on YouTube in which he said he was "moving slightly away" from the bitcoin world and intended to focus on "natural interests."

In November 2019, Adamant Capital managed about $ 10 million.

The minimum investment in Adamant Fund I per investor was $ 100,000, for Adamant Offshore Fund I - $ 218,897.

Adamant Capital withdrew registration with the US Securities and Exchange Commission (SEC) in March this year, ceasing filing, respectively.

Ethereum price jumped to $ 450 on Uniswap

The actions of one of the market participants led to a rise in the Ethereum rate to almost $ 450 on the Uniswap decentralized exchange. The transaction was carried out through a series of swaps for a total of $ 17.9 million in USDT, and resulted in the purchase of over 40,000 ETH.

With the current ETH price of about $ 400, the cost of the purchased cryptocurrency was $ 16 million. In other words, the buyer lost about $ 2 million due to the difference in exchange rates. He received his USDT assets from a wallet linked to the Huobi exchange. The acquired ETH was then sent to several new addresses and probably partly to Binance.

A similar transaction could be carried out through a centralized exchange without the formation of a large slippage. Nevertheless, the relatively low liquidity of the ETH market on Uniswap led to a rather tangible loss for its initiator.

RealT COO David Hoffman suggests money laundering could be involved, as the sender of the transaction must have had good reasons not to go through a centralized exchange or OTC platform.

“What impressed me most was that the slippage was not that bad. Don't get me wrong, it was big, but none of the decentralized exchanges could offer such a slippage a year ago, ”said Adam Cochran, partner at Cinneamhain Ventures.

BitFlyer and Brave to Launch Cryptocurrency Wallet in November

Japanese exchange bitFlyer and the developers of the privacy-focused browser Brave are planning to introduce a wallet for BAT tokens in November 2020.

The partners announced in early July that they were working together on a solution that will allow Brave users in Japan to receive native Brave tokens paid for viewing ads in a browser.

BitFlyer explained that with the launch of the solution, Brave Rewards members in the country will be credited with the corresponding amount of BAT. The wallet will be linked to the exchange account.

Users will also be able to send tokens to content creators and convert them to yen