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Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam

25.8.2023
Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam. Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams. Blockchain analyst ZachXBT also warned of...

BRICS Leaders Declare Importance of Using Local Currencies in International Trade

25.8.2023
The BRICS leaders stress “the importance of encouraging the use of local currencies in international trade and financial transactions” in their declaration released at the conclusion of their 15th annual summit. In addition, the BRICS nations have tasked their finance ministers and central...

Num Finance launches Colombian peso stablecoin on Polygon

25.8.2023
Num Finance received $1.5 million in a pre-seed funding round in May and is now issuing stablecoins in the local currencies of Argentina, Peru and Colombia

Colombian Peso Stablecoin Goes Live on Polygon, Aiming for $10B Remittances Market

24.8.2023
Num Finance already issues stablecoins pegged to the Argentine and Peruvian local currencies

Coinbase Is Talking With Canadian Banking Giants to Promote Crypto

24.8.2023
U.S.-based crypto exchange Coinbase is in talks with Canadian banking giants, trying to convince them to support the crypto ecosystem in that nation, which the company recently entered as it grapples with regulatory uncertainty in its home country

Binance to Withdraw Debit Card in Latin America, Middle East

24.8.2023
The cryptocurrency exchange said the card service will terminate Sept. 21

Binance Labs merge with Pendle Finance: Scaling DeFi Yield & LSDfi

24.8.2023
Pendle Finance, a DeFi protocol that specializes in tokenizing and trading yield-generating assets, has been acquired by Binance Labs, its venture capital and incubation group. This further shows how serious Binance Labs is in pushing forward projects that seem to be very promising and have...

BRICS Discussing Single Unit of Account, Alternative to Dollar, Russian Finance Minister Says

24.8.2023
The BRICS members are mulling over the possible launch of a common unit of account, Russia’s Minister of Finance Anton Siluanov unveiled. This would be an alternative to the U.S. dollar that can be used to denote the cost of some commodities, for example, but not a single currency like the euro...

Pendle Finance Users Can Now Profit From Real World Assets

24.8.2023
Pendle will use MakerDao’s boosted Savings (sDA) and Flux Finance’s fUSDC in its first real-world assets (RWA) based product

Membrane Finance launches EUROe on Solana

24.8.2023
Membrane Finance has announced the launch of the Euro stablecoin, EUROe, on Solana. The reason for choosing the Solana network is its advantage of high performance and low fees. Not just EUROe, Membrane Finance has also made available an option for card payment on the blockchain. The Euro...

SBI-Owned B2C2 Eyes European Expansion With Acquisition of Rival Trading Firm Woorton

24.8.2023
London-based liquidity provider B2C2 has acquired French market making firm Woorton in a deal that will grants B2C2 access to licenses, allowing it to operate in the EU

AI-Related Tokens Hold Gains After Nvidia's Big Beat Solidifies Bullish Outlook

23.8.2023
The tokens such as FET, GRT, AGIX rose/fell tktk

Local Currencies Are Not Alternatives to the Dollar but the System, BRICS Bank Chair Says

23.8.2023
The development bank founded by the BRICS bloc of emerging economies aims to promote a multipolar financial system, its head, Dilma Rousseff, has indicated. As part of these efforts, the institution seeks to expand lending in local currencies, those of member states in particular, such the South...

Hacked Crypto Exchange Cypher Plans to Hold Public Token Sale

23.8.2023
Cypher's IDO will test whether it can recapture momentum

Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens

23.8.2023

DeFi Shrinks to Multiyear Low as the Crypto-Fueled Future of Finance Falters

23.8.2023
The decentralized finance (DeFi) market slumped to its lowest point since February 2021 in terms of total value locked (TVL) on Wednesday

Maple secures $5 million in its recent funding round

23.8.2023
Maple has announced that it has secured $5 million in the recent funding round that was led by Blocktower Capital and Tioga Capital. It has now paved the way for Maple to utilize this fund for realizing its roadmap that leads to the achievement of long-term and short-term goals. Maple aims to...