Binance’s DEX Now Supports AML Compliance Via CipherTrace

Binance Chain transactions are now traceable by CipherTrace. The world’s largest cryptocurrency exchange by trading volume announced Tuesday it would utilize CipherTrace’s intelligence tools, bringing anti-money laundering analysis and support to its self-developed blockchain, which is both the foundation for the Binance DEX (decentralized exchange) and home to the exchange’s BNB token. CipherTrace said in […]

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Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America

Canadian startup Ledn, which offers bitcoin-backed fiat loans, now also offers dollar-pegged DAI loans, connecting bitcoin users with ethereum’s decentralized finance (DeFi) ecosystem. Ledn co-founder Mauricio Di Bartolomeo, a Venezuelan expat, told CoinDesk this new partnership with stablecoin promoter MakerDAO was driven by customer demand. Out of “thousands” of users, more than half of Ledn’s […]

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Zcash Will Get a Gateway Into Ethereum’s DeFi Ecosystem

When cryptocurrency fans gathered in Osaka, Japan, this week for the Devcon developer conference, the halls were filled with buzz about smaller projects seeking access to ethereum’s decentralized finance smorgasbord, especially loans and financial products, via interoperability. “Connecting to other chains doesn’t seem to be an ethereum developer’s priority,” Summa co-founder James Prestwich told CoinDesk. […]

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