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Indian Government’s Chief Economic Adviser Warns of Danger in Crypto, Defi Without Regulation
12.6.2022
The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s...
Defi Platforms and Smart Contract Tokens Suffer the Most During the Crypto Market Rout
11.6.2022
While the crypto economy has dropped lower in value against the U.S. dollar, sliding to just under $1.2 trillion, the value of decentralized finance (defi) protocols and smart contract tokens has suffered a great deal. Statistics show that the total value locked in defi has dropped 7.96% since...
Bitcoin and banking’s differing energy narratives are a matter of perspective
11.6.2022
Bitcoin mining’s climate impact has been heavily criticized, but the emissions of corporate cash and investments have often flown under the radar
Finance Redefined: Number of DAOs surge, Solana launches $100M DeFi fund
10.6.2022
The past week in DeFi saw the launch of another $100M fund by Solana and the number of DAOs surged over 8X with increased protocol activity
Report: God Of War Ragnarök Planned For November
10.6.2022
This is not a drill, boy: God of War Ragnarök is planned for a November release, Bloomberg reports.Read more
Solana Ventures Launches $100 Million Fund Focused on Web3 Projects in South Korea
9.6.2022
Solana Ventures has revealed the launch of a $100 million fund dedicated to Web3 startups in South Korea. According to Solana Labs’ general manager Johnny Lee, the capital will be dedicated to non-fungible tokens (NFTs), decentralized finance (defi), and game finance (gamefi) development....
Microsoft Promises 5 More Xbox Exclusives, Game Pass Demos In The Next Year
9.6.2022
Microsoft laid out some of its big plans for gaming ahead of Sunday’s Xbox and Bethesda showcase, and those plans include a steady stream of more big exclusives, expanded Game Pass perks, and bringing video game cloud streaming directly to smart TVs. Most of the plans are forward-looking,...
The Intellivision Amico Is In Big Trouble
9.6.2022
The last we saw of Intellivision’s Amico console, it was trying to sell some NFTs and was being described as a “car crash” of a device. If you thought that meant things couldn’t get any worse for the beleaguered device, though, you have not been paying attention to its development.Read more
A Black Protagonist Captures The Stories Of A Doomed World In Season
8.6.2022
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While DeFi Total Value Locked Fell by 51% Since the End of Q1, Arrakis Finance Amassed $1 Billion TVL
8.6.2022
PRESS RELEASE. Zug, June 08, 2022 — As markets continue to tumble, Arrakis Finance, a yet relatively unknown & tokenless project, just reached a new milestone — a total value locked of $1 billion. DeFi TVL overall fell from $224B on April 1 to $109B on May 30, dipping by 51%....
Indian Regulator: Crypto’s Decentralized Nature Makes Regulation Challenging
8.6.2022
India’s market regulator, the Securities and Exchange Board of India (SEBI), says the decentralized nature of crypto assets makes consumer protection and regulatory enforcement challenging. SEBI on Crypto Regulation The Securities and Exchange Board of India (SEBI) reportedly told...
LUNA 2.0 Token Loses 56% Since Last Week, Whistleblower Accuses Terraform Labs of Owning Shadow Wallets
6.6.2022
After climbing to $11.33 per unit seven days ago on May 30, Terra’s new LUNA 2.0 token has lost more than 56% in value against the U.S. dollar. Amid the market performance, a number of former Terra-based decentralized finance (defi) projects are transitioning over to the new Phoenix-1...
Crypto 401(k): Sound financial planning or gambling with the future?
6.6.2022
Cryptocurrencies may be coming to Americans’ retirement plans. Some see it as a sound financial strategy, while others remain skeptical
Avalanche Co-Founder Emin Gün Sirer Discusses Macro Conditions and AVAX Sliding in Value
5.6.2022
The price of Avalanche has slid significantly since the crypto asset’s all-time high as the token has dropped 83% in value since then. In a recent interview published on May 31, Avalanche co-founder, Emin Gün Sirer, discussed how bear market conditions have impacted cryptocurrencies...
Defi Educator Says $22 Billion in ETH 2.0 Funds Won’t Be Liquid Immediately After PoS Transition
4.6.2022
As Ethereum’s transition to proof-of-stake (PoS) gets closer and the network’s hashrate taps another all-time high, the Ethereum 2.0 contract is close to nearing 13 million ether worth $22.6 billion using today’s ether exchange rates. Moreover, according to a decentralized...
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT
4.6.2022
Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing the processing of international settlements and storage of digital currency. The blockchain-based platform has been announced as an alternative to SWIFT, which is unavailable for some Russian banks....
Finance Redefined: Maker founder proposes endgame, Singapore explores DeFi and more
3.6.2022
Top DeFi tokens broke out of the month-long bearish pressure to trade in the green and the total value locked in DeFi protocols saw a minor recovery amid continuous price volatility
Which Markets Could Benefit the Most from Crypto?
3.6.2022
Pavel Matveev is the CEO and Co-Founder of the major blockchain-based payments platform Wirex.
__________...
Read More: Which Markets Could Benefit the Most from Crypto?
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold
3.6.2022
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting it. Due to this disruption, Zelaya also stated that it was not feasible to issue the volcano bonds...
Tough Crypto Law Expected in Russia Despite Central Bank’s Softer Stance on Crypto Payments
2.6.2022
The bill “On Digital Currency,” meant to comprehensively regulate crypto transactions in Russia, will be a “tough” law, according to the head of the State Duma Financial Market Committee. The legislation is yet to be finalized and will not be reviewed by lawmakers in...