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Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology
14.9.2022
A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various...
Crypto’s correlation with mainstream finance could bring more bleeding soon
13.9.2022
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes
Curve Finance Debuts on Kava
13.9.2022
Kava has experienced the quickest growth among protocol blockchains since the Ethereum co-chain was introduced. With the greatest APY pools ever beginning the week after next, DeFi powerhouse Curve debuts on Kava today. The first programmed rewards program in the globe, Kava Rise, which is expected...
Nifty News: Shitposters set for $DRAMA rewards, Zuck’s little league card tokenize and more…
13.9.2022
Mark Zuckerberg’s little league baseball card has been tokenized and will be put up for auction, and Lamborghini has introduced a new utility for its second round of NFTs
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...
Cream Finance Exploiter Converts $1.75M in Stolen Funds to Bitcoin
12.9.2022
The decentralized finance application has been exploited three times since going live in 2020
Zone Joins Hands With Folks Finance
12.9.2022
Based on the Algorand network, Folks Finance is a permissionless algorithmic financial market protocol that facilitates borrowing and lending services. The loan feature enables Folks and customers to deposit funds and start to earn an economic return. The borrowing function lets people make...
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....
In 2 Months the Top Smart Contract Tokens Gained 44% Against the Greenback Ahead of Ethereum’s Merge
12.9.2022
With The Merge coming next week and Cardano’s Vasil hard fork commencing soon after, the market capitalization of the top smart contract tokens by valuation increased 1.19% during the past 24 hours to $316 billion on September 11, 2022. Moreover, the market capitalization of the top smart...
30% of Today’s Staked Ethereum Is Tied to Lido’s Liquid Staking, 8 ETH 2.0 Pools Command $8.1 Billion in Value
11.9.2022
In roughly three days Ethereum is expected to transition from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) version via The Merge. Ahead of the transition, the liquid staking project Lido has seen a lot more activity as the value locked in the protocol increased by more than...
Blockchain Gaming Publisher and Web3 Firm Animoca Brands Secures $110 Million
10.9.2022
Blockchain gaming publisher Animoca Brands announced the company has raised $110 million in a funding round led by Temasek, Boyu Capital, and GGV Capital. The company raised the funds by issuing convertible notes to a handful of institutional investors. Animoca Brands Raises $110 Million From...
ETC Group Says It Will List an Exchange-Traded Product Based on Anticipated ETH Hard Fork
10.9.2022
Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated hard fork of the Ethereum blockchain on September 15. Current holders of Etc Group’s ethereum ETP (ZETH) will be issued with “units of the new security...
Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India
10.9.2022
India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the global organization stands ready to work with India on climate change, crypto...
Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option
10.9.2022
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months,...
DApp activity rises 3.7% in August for the first time since May: Finance Redefined
9.9.2022
DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week
With $2․4M Fundraising in Seed Round, KNN3 Network Races to Provide a Multi-Chain Relationship Aggregating Protocol for d/App and Smart Contract
9.9.2022
PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth...
Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On
8.9.2022
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters...
Bitpanda aims to entice crypto investors to TradFi by adding commodities
8.9.2022
The exchange now allows crypto investors access to traditional investments such as natural resource commodities like precious metals
Zeus Finance to Integrate Chainlink Keepers, Price Feeds, and VRF
8.9.2022
Zeus Finance has announced triple integration, where it has added all three major Chainlink services to the network, making it the first DeFi protocol on the Avalanche network to do so. The integration includes the addition of Chainlink Keepers, Price Feeds, and VRF. Every service will have...