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Value Locked in Defi Sheds $55 Billion in 2 Months, Ethereum’s Defi Dominance Loses 14%
6.3.2022
The crypto-economy has been sliding in value during the last 48 hours as the current market valuation for all 13,000+ crypto assets is $1.83 trillion. Furthermore, the total value locked (TVL) in decentralized finance (defi) protocols has slipped below the $200 billion mark to $196.02 billion...
G7 Countries, EU Taking Measures to Prevent Crypto Use to Evade Sanctions
5.3.2022
G7 countries and the European Union are examining ways to stop the use of cryptocurrency by Russia to evade sanctions. “We should take measures to prevent listed persons and institutions from switching to unregulated crypto assets,” said Germany’s minister of finance. G7 and...
Convex Finance Bug Causes CVX Token to Sink on Forced Token Unlock
4.3.2022
After a smart contract exploit, locked CVX tokens flooded the market, dragging down prices
Altcoin Roundup: JunoSwap, Solidly and VVS Finance give DeFi a much-needed refresh
4.3.2022
DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors
Finance Redefined: Uniswap builds token-swap feature for Ukraine, LUNA surpasses Ether, and more
4.3.2022
In this week's newsletter, we will explore some of the key developments from the DeFi space that had an impact on the Ukraine donations and look at some of the trendsetters in our industry
Charles Schwab Files for ‘Crypto Economy ETF’ With SEC
4.3.2022
Charles Schwab is launching a crypto economy exchange-traded fund (ETF). According to the company’s filing with the U.S. Securities and Exchange Commission (SEC), “Schwab Crypto Economy ETF” will trade on the NYSE Arca. Charles Schwab Registers Crypto Economy ETF With...
Crypto Allows Ukraine to ‘Operate Internationally,’ Official Says
4.3.2022
Amid ongoing hostilities with advancing Russian forces, Ukraine has been increasingly relying on cryptocurrency donations to solve humanitarian problems and finance its defense efforts. Crypto helps the country to receive and quickly distribute money and operate internationally, a high-ranking...
Malaysia’s Deputy Finance Minister: Crypto Not Suitable as Means of Payment or Store of Value
4.3.2022
Malaysia’s deputy finance minister says that cryptocurrencies, such as bitcoin and ethereum, are not suitable as a means of payment or a store of value. While digital assets are not recognized as legal tender in Malaysia, the finance ministry official said that they are an asset class that...
A16z Investing $70M In Ethereum Staking Provider Lido Finance
3.3.2022
The firm also used Lido to stake a portion of a16z Crypto’s ether holdings on the Beacon chain
Auditchain Announces Mainnet Deployment of its Staking Contracts for its Pacioli Validating Nodes
3.3.2022
PRESS RELEASE. Auditchain will deploy its Pacioli validating node staking contracts to Polygon Mainnet on 7 March, 2022 as it prepares to decentralize the $600 Billion global accounting, assurance and reporting services industry. Auditchain Labs AG, (https://auditchain.finance) the developer of...
Yearn Finance Enters Strategic Partnership with Tenderly
3.3.2022
According to the announcement on the 2nd of March, yield aggregator Yearn Finance has partnered with Tenderly. Tenderly is a developer platform built on the Ethereum blockchain and provides tools for monitoring and debugging, and development for growing start-ups. Yearn Finance is one of...
South African Crypto Exchange Valr Raises $50 Million in Series B Funding Round
3.3.2022
South African cryptocurrency exchange Valr announced recently that it has raised $50 million in a Series B round led by Pantera Capital. The capital raise means Valr is now valued at a reported $240 million. Funds Raised to Finance Valr’s Expansion Into Other Markets The South African...
EU is ‘taking measures’ against Russia using crypto to bypass sanctions, say finance ministers
2.3.2022
“When it comes to economic and financial sanctions, we want to remain flexible and mobilized,“ said France’s finance minister, Bruno Le Maire
Bitcoiners Were Right: Weaponized Finance Just Created a Post-Dollar Planet
2.3.2022
Sanctioning Russia is vital in defense of a peaceful world. But it's also exposing the big lie at the heart of the financial status quo
Cambridge Centre for Alternative Finance Launches Digital Assets Research Project With 16 Banks
2.3.2022
On Tuesday, Cambridge Centre for Alternative Finance (CCAF) at Cambridge Judge Business School announced a new research initiative focused on the “growing digital asset ecosystem.” According to CCAF, the newly launched collaborative effort involves 16 financial institutions such...
MENA Islamic Banking & Finance Summit 2022 Going to Take Place This March in Dubai
2.3.2022
The global Islamic finance industry has expanded 10% to 12% in 2021-2022. The expansion of Islamic banking and Islamic financial assets in the Middle East region along with Malaysia and Turkey has been robust. The Islamic finance industry is positioning itself towards more sustainable growth,...
DeFi Platform Thetanuts Finance Raises $18M Seed Funding to Fuel Growth
1.3.2022
The funding round was led by Three Arrows Capital, Deribit, QCP Capital and Jump Crypto
Moledao Kicks off Global NFT Hackathon With Exclusive NFTs
28.2.2022
PRESS RELEASE. Moledao presents MoleHack: NFT 2.0 – a global challenge to discover new innovations in the NFT space. In partnership with Bybit, Polygon, BitDAO, iZUMi Finance, Project Galaxy, thirdweb, buildspace, L2Y, Web 3 Collective and more, the hackathon has over $80,000 grants...
Starlay Finance Finds a Partner in the DIA Platform
28.2.2022
The new commercial and operational partnership will see DIA be in charge of powering the Starlay protocols by crowd-sourced data feeds that are being operationalized on the Astar network. The lending protocols whose primary components are lending protocols will play a flagship role in consolidating...
Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack
28.2.2022
The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium...