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Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls
7.9.2022
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin...
Russia Explores Stablecoins for Settlements With Friendly Nations
7.9.2022
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face...
DeFi Platform Curve Finance Takes First Steps Toward crvUSD Stablecoin
7.9.2022
Details on the actual usage of crvUSD are scanty at writing time, and Curve developers denied sharing more information about the tokens with CoinDesk
Degens borrowing ETH to get fork tokens create headaches for DeFi platforms
7.9.2022
Aave has halted ETH lending until the Merge has gone through, while Compound Finance has opted to cap the number of loans and introduce a “jump” interest rate model
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
7.9.2022
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...
New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
6.9.2022
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021
UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister
6.9.2022
Kwasi Kwarteng is currently the U.K.'s secretary of state for business, energy and industrial strategy
Can Celphish Finance Be As Influential As Dogecoin and ApeCoin?
6.9.2022
Cryptocurrencies have been gaining a lot of attention in the past few years. Many people are curious about them and want to know more about them. In this post, we will compare Celphish Finance (CELP) to other well-known cryptocurrencies, Dogecoin (DOGE) and ApeCoin (APE). We will discuss and...
Russia’s Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments
6.9.2022
Ending a long-term dispute, Russia’s Ministry of Finance has announced it has reached an understanding with the Bank of Russia, the country’s central bank, over the legalization of cross-border payments in cryptocurrencies....
Read More: Russia’s Finance Ministry, Central Bank Agree To Legalize...
Pandora Finance Announces Its Partnership With H-Hedz
6.9.2022
Pandora Finance takes immense pride in forming a mutually beneficial partnership with H-Hedz and successfully using the Express Protocol as a platform to create and launch their exclusive NFT Staking Dapp, an NFT project. By themselves, Pandora Finance uses the Web3 space to create and introduce...
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
5.9.2022
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi)...
DeFi Crypto Assets To Watch Out For Before the End of 2022: Immunicorn Finance, Uniswap, and Chainlink
5.9.2022
Many crypto projects in the DeFi space were launched to improve the decentralized finance system’s adoption, making it accessible and sensitizing users on its benefits over the traditional finance system. This has caused an increased growth in the decentralized finance (DeFi) sector’s...
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles
3.9.2022
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...
Experts weigh in on the Ethereum vulnerabilities after Merge: Finance Redefined
2.9.2022
The top100 DeFi tokens recorded a bearish price action over the past week, with the majority of them trading in the red, barring a few tokens that have shown even double-digit growth
Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker Argues
2.9.2022
Digital assets could become “a permanent feature of the financial landscape,” although decentralized cryptoassets like bitcoin (BTC) “fail as money,” Singapore’s central bank director has argued....
Read More: Digital Assets Could Become ‘Permanent Feature’ of Finance, Singapore Central Banker...
Immunicorn Finance Sets Higher Standard in the Crypto World, Making Comparisons to Avalanche and Uniswap
2.9.2022
Over the years, there has been a constant evolution in the cryptocurrency market. Many cryptocurrencies are being created, and some are revolutionizing the crypto space. A good example is Immunicorn Finance (IMU). Immunicorn Finance (IMU) is a new cryptocurrency aiming to provide a secure digital...
TEN Finance Partners USM Metaverse to Launch Virtual HQ
2.9.2022
TEN Finance recently announced a partnership with Radio Caca. The collaboration will allow TENizens to interact with the TEN ecosystem in the Metaverse. Currently, USM Metaverse possesses 630,000 Twitter followers, 100,000 Discord members, and 300,000 Telegram members. It is also the largest...
Kenyan Fintech Pezesha Raises $11 Million in Pre-Series a Round Backed by Cardano Blockchain Builder
2.9.2022
Pezesha, a Kenyan fintech focused on providing bridging finance to small and medium-sized enterprises, recently raised $11 million in pre-Series A debt-equity funding round. The Women’s World Banking Capital Partners II led the round in which the Cardano blockchain builder Input Output...
Bitfinex CTO Paolo Ardoino States Salvadoran Bitcoin Bonds to Be Further Delayed
1.9.2022
The launch of El Salvador’s bitcoin bonds, issued to finance part of the construction of the Bitcoin City in the country, will be delayed again. In a recent interview Paolo Ardoino, CTO at Bitfinex, the exchange in which these bonds will be offered, stated that the law framework needed...
DeFi can take a hint from traditional finance to lower risks, says ex-Morgan Stanley exec
1.9.2022
Infinity Exchange CEO Kevin Lepsoe says if DeFi wants more institutional adoption in crypto, it must first nail the fixed income markets