Chainalysis ranks BitMEX as a high-risk exchange
Due to the allegations made by the US government against the cryptocurrency derivatives exchange BitMEX, the analytical company Chainalysis has ranked it as a high-risk platform. On October 5, Chainalysis contacted its clients, which include government agencies, banks and marketplaces. According to the Chainalysis notice, from October 1, 2020, all trades using this exchange will be considered high risk. Customers using the Chainalysis KYT solution to track suspicious transactions will see alerts in the system.…
DAI stablecoin support added to Bitcoin RSK sidechain
The developers of IOV Labs, who launched the RSK Bitcoin sidechain, announced the possibility of using the DAI stablecoin from the Ethereum blockchain. The integration will allow the transfer of DAI coins from Ethereum to the RSK sidechain so that they can be used in the Bitcoin-based decentralized financial ecosystem. For this, a mechanism developed by the RSK Infrastructure Framework (RIF) team is used, which serves as a “bridge” for the transfer of Ethereum-based tokens.…
