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Financial Guru Dave Ramsey Says Crypto Is ‘Fun,’ Here to Stay, Can Be Part of Portfolios
13.1.2022
Financial guru Dave Ramsey says crypto is “fun” and can be a small part of investment portfolios. “It’s a commodity. Is it going to be around? Sure, it’s going to be around,” Ramsey said. Dave Ramsey Now Considers Cryptocurrency a Commodity That Is Here...
Centralization Caused Most Decentralized Finance Hacks in 2021
12.1.2022
Centralization issues have emerged as the main attack vector in decentralized finance (DeFi), facilitating the largest share of the hacks -- with USD 1.3bn worth of user funds stolen in 44 DeFi attacks last year, according to a recent report by security-focused ranking platform CertiK.
CertiK’s...
UniLend Finance & Mobius Finance Collaborate to Disrupt Money Markets in DeFi
12.1.2022
The collaboration of UniLend Finance with Mobius Finance will help the UFT token holders to mint moUSD by using UFT as the collateral. This collaboration will help both parties. Following are its benefits: Once it gets integrated with Mobius Finance, the systems will enable the traders to trade...
Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode
11.1.2022
On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos...
Estonia Offers to Share Crypto Experience With US to Identify Best Practices for Digital Assets
11.1.2022
Estonian Finance Minister Keit Pentus-Rosimannus has offered to share her country’s experience in regulating cryptocurrencies with the U.S. in a discussion with Treasury Secretary Janet Yellen. Estonia Offers to Share Crypto Experience With the US U.S. Treasury Secretary Janet Yellen...
Direct Fiat On-Ramps Come to Algorand (ALGO) via Alchemy Pay (ACH)
10.1.2022
PRESS RELEASE. Singapore, 10 January, 2022: Algorand (ALGO), the layer-1 blockchain for decentralized and traditional finance, has added direct fiat payment channels into their network, thanks to a new integration with Alchemy Pay (ACH). Alchemy Pay, is a payment solutions provider that connects...
GTA Publisher To Buy Farmville Maker Zynga For $12.7 Billion
10.1.2022
Take-Two, the publisher behind some of the biggest names in gaming like Grand Theft Auto and NBA 2K, today announced a deal to buy mobile game company Zynga for $12.7 billion. If the acquisition of the FarmVille creator goes through, it will mark the biggest sale in video game history.Read more
Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols
10.1.2022
On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster...
Moviecoin․com to Transform Movie Financing on Blockchain
10.1.2022
PRESS RELEASE. London, England, January 10, 2022: Moviecoin.com brings movie funding and decentralized finance (defi) to both independent movie-makers and larger budget movies. Moviecoin.com will allow any budding movie producer, director, or writer to finance their own script and movie....
Indian Crypto Industry Seeks Tax Clarity in Union Budget 2022-23
10.1.2022
An Indian industry association has written to the country’s finance minister seeking clarity on cryptocurrency taxation in Union Budget 2022-23. “The budget should ideally offer coherent rules on direct taxation and the GST Council should detail the applicability of taxation, else...
JPMorgan Shares Predictions on Crypto Markets, Ethereum’s Upgrades, Defi, NFTs
10.1.2022
Global investment bank JPMorgan has published a report on the future outlook of crypto markets, including Ethereum’s upgrades, decentralized finance (defi), and non-fungible tokens (NFTs). The bank sees “the cryptocurrency markets as increasingly relevant to financial...
Value Locked in Defi Slips 10% in 4 Days, Ethereum TVL Dominates at 58%
8.1.2022
Four days ago, the total value locked (TVL) in decentralized finance (defi) was coasting along at $255.84 billion and since then, the TVL has dropped ​​8.55% in value. During the last 24 hours, the TVL has slid 2.80%, and Curve’s $23 billion locked today represents 9.84%...
Finance Redefined: Terra expanding UST and LUNA, and Aave Arc seeks institutional adoption, Dec. 31–Jan. 7
7.1.2022
Terra Research presented a governance proposal to expand the influence of UST and LUNA, Aave Arc launched a DeFi pool for whitelisted projects, and WonderFi Tech purchased First Ledger Corp for $162 million — all coming to you in this week’s Finance Redefined
Crypto Investors in Thailand to Pay 15% Capital Gains Tax, Report Unveils
7.1.2022
Crypto-related profits, such as those resulting from the trading of digital currencies, will be taxed at a rate of 15%, a finance ministry official has revealed to the local press in Thailand. After last year’s significant market growth, the department intends to improve surveillance...
Report: GameStop Is Going Into Crypto And NFTs
7.1.2022
It’s not only game companies like Square Enix and Ubisoft who are getting into NFTs, game retailer GameStop is reportedly doing so, too. According to The Wall Street Journal reports, the Texas-based company is launching its own crypto division with plans to create an online NFT marketplace...
Bividend: Nasdaq-Listed Company to Pay Dividends in Bitcoin at the Option of Shareholders
7.1.2022
A Nasdaq-listed company has announced that shareholders can receive dividends in bitcoin. The company claims to be the first one to pay dividends in the cryptocurrency. ‘First-Ever Dividend Payable in Bitcoin by a Nasdaq-Listed Company’ Blockchain company BTCS Inc. (Nasdaq: BTCS)...
Revest Finance Integrates Chainlink Price
7.1.2022
The integration of Revest Finance with Chainlink Price Feeds was announced by Revest Finance. Its team published a blog post to make the announcement. Revest Finance is looking to leverage the variety of features that Chainlink provides. It additionally considered the infrastructure of Chainlink...
NFT Analytics Platform Cryptoslam Raises $9M From Animoca Brands, Mark Cuban, Sound Ventures
7.1.2022
On Wednesday, the non-fungible token (NFT) data and analytics platform Cryptoslam raised $9 million in a capital funding round led by Animoca Brands. Cryptoslam detailed that Mark Cuban participated in the financing and Ashton Kutcher’s and Guy Oseary’s Sound Ventures joined in...
During April BTC Peak, 61% of Surveyed Financial Institutions Said Crypto Access 'Extremely' Important
6.1.2022
In the first half of last year, a robust 61% share of surveyed financial institutions considered access to cryptocurrencies “very” or “extremely” important to their corporate customers. This made crypto access the most cited financial services after payment acceptance, according to a survey...
Coinbase Shares Predictions on Future of Ethereum Scalability, Metaverse, Defi, NFTs
6.1.2022
Coinbase’s chief product officer has shared some predictions for 2022 regarding Ethereum’s scalability, the metaverse, decentralized finance (defi), non-fungible tokens (NFTs), and more. 2022 Predictions by Coinbase’s Executive Coinbase’s chief product officer, Surojit...