Search
No Truth in Reports that Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’
18.4.2022
Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark.
A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as...
Finance Redefined: MetaMask institutional offering, Polygon to go carbon neutral, and more
18.4.2022
In this week's DeFi newsletter we look at the growing market of Metamask, Polygon's pledge to go carbon neutral and more
Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
18.4.2022
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict...
Fidelity Investments Launches Crypto, Metaverse ETFs — Says ‘We Continue to See Demand’
18.4.2022
Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. “We continue to see demand, particularly from young investors, for access to...
Decentralized finance: The best ways to participate and operate
17.4.2022
Breaking down the concept of DeFi and its ecosystem, as well as strategies and the risks for private and professional investors who plan to allocate capital to decentralized space
Rebase Token Carnage: OHM, TIME, KLIMA Down More Than 98% From All-Time Highs
16.4.2022
About four months ago, four of the top rebase tokens by market valuation were worth close to $8 billion in USD value and today, the entire lot of rebase tokens collectively are valued at $1.14 billion. The largest rebase crypto by market capitalization, olympus (OHM), had a $4.3 billion market...
Report: Future Xbox Games Might Have Ads, Tech's Being Developed
16.4.2022
Raise your hand if you’re excited to see more ads inside your favorite video games? I don’t see any hands. Well, bad news: A new report claims that Microsoft is building an advertising program to give “select brands” the ability to buy ads that will then appear in free-to-play Xbox games. And while...
Uniswap Launches Swap Widget — Devs Can Embed the Dex With ‘One Line of Code’
15.4.2022
On Thursday, Uniswap Labs, the company behind the popular decentralized finance (defi) protocol, Uniswap, launched a tool called the Swap Widget. Essentially, the widget allows developers and decentralized app (dapp) operators to embed the Uniswap decentralized exchange (dex) app with “one...
Robinhood CEO outlines how DOGE could become 'currency of the internet"
15.4.2022
Robinhood CEO Vladimir Tenev took to Twitter to explain how DOGE could become the future currency of the internet just hours after Dogecoin’s creator criticized Elon Musk for his Twitter antics
Regulatory Arm of UAE Financial Centre Releases Defi Discussion Paper
15.4.2022
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding...
Algorand founder Silvio Micali wants to usher in the democratization of finance
14.4.2022
Cointelegraph conducted an exclusive interview with Silvio Micali at the Paris Blockchain Week Summit
Notional Finance Will Now Support Its Fixed Rate Collateralization Calculation With Chainlink Price Feeds
14.4.2022
DeFi is short for Decentralized Finance. It takes inspiration from the blockchain technology and its emerging nature of connecting two individuals directly without involving any third party. Technically speaking, DeFi is a peer-to-peer financial service. Functions of DeFi involve enabling users...
Guy Buys NFT For $2.9 Million, Asks for $48 Million, Is Offered $3600
14.4.2022
Sina Estavi is a “crypto entrepreneur”, who last year bought a digital token representing Twitter founder Jack Dorsey’s first ever tweet. He paid $2.9 million for it, and this month sought to make good on his “investment”, putting it up for auction with an expectation it could net him $48 million....
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists
13.4.2022
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as...
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round
13.4.2022
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership with the crypto firm. Blackrock, Fidelity, Marshall Wace, Fin Capital to Invest in Circle...
Fast, Secure and Interoperable, Parex Is the New Decentralized Exchange to Look Out For
12.4.2022
PRESS RELEASE. We are hugely excited to announce the official launch of Parex, a new decentralized exchange with an in-built PRX token unique to the mining production mechanism. Developed in response to the costly and often ethically dubious state of centralized finance, Parex promises to offer...
While Sony And Microsoft Acquire Studios, Nintendo Buys Land
12.4.2022
While the rest of the video game industry is consolidating, Nintendo is spreading out. The Switch manufacturer has finally responded to massive moves by competitors Sony and Microsoft by announcing a $39.8 million land deal to break ground on a new R&D office. Whatever it takes to finally port...
Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial
12.4.2022
Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,”...
Sony Goes Big On Epic Games With Whopping $1 Billion Investment
11.4.2022
Epic Games recently announced an epic new wave of fundraising, notable both for the $2 billion it’s pulled in and for an eye-raising firm present among the leading partners: Sony. The makers of PlayStation VR have invested a cool $1 billion in Epic to further “the development of new digital...
Total Value Locked in Defi Takes a Hit Losing $21 Billion in 6 Days
11.4.2022
Over the last six days, the total value locked (TVL) in decentralized finance (defi) has dropped 9.21% from a high of $232.88 billion on April 5, to today’s $211.43 billion. The value locked in defi protocols shed 4.40% of that value during the last 24 hours. Value Locked in Defi Shudders...