Crypto Market Analysis: 18th May 2021

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[ad_1] The price of bitcoin has tumbled over 25% in the last seven days, hitting a low of $42,025 over the weekend, as investors took profits en masse. Bitcoin, as well as peers such as Ethereum which have also slumped by similar amounts in the last week, has sold off after a staggering run year-to-date … Read more

Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments

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[ad_1] DeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s biggest venture capital firms, sending a strong signal that demand for DeFi opportunities remains strong.  DeversiFi intends to make DeFi trading more accessible, allowing users to invest, trade and send tokens without having to pay gas fees. … Read more

The First Online Crypto Brokerage SimpleFX, Leader Then, Leader Now

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[ad_1] SimpleFX is one of the leading trading applications that has been around since 2014. The platform holds the distinction for being the first of the online brokers to offer cryptocurrency trading accounts. Simple and Flexible Trading Interface Designed to be an easy-to-use platform with a simple and intuitive user interface, SimpleFX is a mobile-first … Read more

Turkish crypto exchange acknowledges 2018 breach with 500,000 users’ data stolen

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[ad_1] Major Turkish crypto exchange BtcTurk came forward about a data breach from mid-2018 that leaked sensitive information of over 500,000 users.  According to the official announcement, the stolen data set contains BtcTurk users’ names, citizen ID numbers, emails, addresses, birthdates and mobile phone numbers.  The stolen data set first appeared on an online forum … Read more

Revuto Raises $1.7m in Private Round to Deliver Subscription Management Platform on Cardano

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[ad_1] Revuto, a subscriptions management and DeFi micro-lending platform, has concluded a $1.7 million private sale. The round precedes an initial public sale on May 18, the first-ever to take place on the Cardano blockchain. The private round was led by BlackDragon VC alongside a number of leading blockchain and angel investors, with intense demand … Read more