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Malaysian deputy finance minister responds to proposal to legalize Bitcoin
24.3.2022
Similar to countries like Indonesia, Malaysia has not banned crypto trading but the government doesn't want to adopt crypto for payments
IOSCO says DeFi is quickly evolving and 'cloning financial markets'
24.3.2022
IOSCO Chair Ashley Alder recognizes that “DeFi is a novel and fast-growing area of financial services.”
Stargate Finance attracts $1.9B in six days
24.3.2022
Cross-chain protocol Stargate Finance has generated over $1.9 billion TVL in just six days following an Alameda Research buying spree
First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water
23.3.2022
The expected passage of a finance bill will include a steep crypto tax the industry says will discourage innovation and cost the country some of its technology talent
Blockbank Integrates Orion․Money
23.3.2022
PRESS RELEASE. Blockbank is proud to announce that the existing partnership with Orion Money has extended to include a number of new developments. Ana Plotnikova, blockbank CEO and Co-Founder, stated “We are extremely excited about the partnership with Orion.Money. It has been imperative...
The Future of Mining Finance: Time to Get Creative
23.3.2022
To finance equipment in a down market, firms will have to look beyond stock issuance. They may have to borrow against their machines or mined crypto or put themselves up for sale
Solana-Based Cashio App Hit With an ‘Infinite Mint Glitch,’ CASH Stablecoin Drops to Zero
23.3.2022
A decentralized finance (defi) protocol called Cashio was attacked by an “infinite glitch” exploit around 9:00 a.m. (UTC), the team said on Wednesday. Following the hack, statistics show the protocol’s total value locked (TVL) dropped from over $28 million to $579,701 and...
4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
23.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: 4 Qualities of Digital Dollar, Crypto Mortgages, Polkadot's Fund, Solana ETP + More News
Sheesha Finance Joins Hands with Yield Optimizer Alluo
23.3.2022
The blog post shared by Sheesha Finance on March 22 announced its partnership with the fintech firm Alluo. Now, the money users invest in Alluo will be able to utilize the diversification protocols of Sheesha to land bigger rewards and profits. This partnership intends to expand the community...
El Salvador’s Bitcoin Bonds May Be Delayed Until September, Says Finance Chief
23.3.2022
El Salvador could push its bitcoin (BTC) bond issuance back as far as September, the nation’s Finance Minister Alejandro Zelaya has admitted – but a more imminent issuance is still on the table....
Read More: El Salvador’s Bitcoin Bonds May Be Delayed Until September, Says Finance Chief
Grayscale Investments Launches Smart Contract-Focused Diversified Fund
22.3.2022
The largest digital currency asset manager in terms of assets under management (AUM), Grayscale Investments, has announced the launch of a smart contract fund that is compiled of ethereum competitors. The fund called “GSCPxE” holds seven different smart contract coins and it’s...
Paradigm Invests $8.75M in DeFi’s Ribbon Finance
22.3.2022
The protocol automates crypto derivatives strategies for the lay DeFi trader
Crypto Assets Conference 2022 | April 4 till April 6, 2022 | Frankfurt School of Finance & Management
22.3.2022
Organized by the Frankfurt School Blockchain Center, the sixth Crypto Assets Conference (CAC) will take place from April 4 until April 6, 2022. Digital assets have been experiencing a significant boost in popularity on both private and institutional levels in recent years. This comprises a wide...
Indian Government Reveals How It Plans to Tax Cryptocurrency Transactions
22.3.2022
India’s ministry of finance has clarified in parliament how the government plans to tax cryptocurrency transactions. A proposed new section to the Income Tax Act states that gains from crypto transactions will be taxed at 30% while losses cannot be deducted. Indian Government Reveals...
Goldman Sachs Executes Bank’s First OTC Crypto Transaction Trading a Bitcoin Non-Deliverable Option
21.3.2022
On Monday, the multinational investment bank and financial services company Goldman Sachs disclosed it has conducted an over-the-counter (OTC) crypto transaction with the digital currency firm Galaxy Digital. Following the OTC settlement, the head of digital assets for Goldman Sachs’ Asia...
Biggest Movers: DASH, CVX and ALGO Lead Monday’s Gainers, APE Falls Further
21.3.2022
CVX was the biggest crypto gainer to start the week, as both DASH and ALGO also climbed higher. Despite ALGO rising to its highest level in over three weeks, gains in DASH and CVX were more noticeable. This came as APE once again traded in the red. Convex Finance (CVX) Convex finance (CVX)...
Malaysian Ministry Suggests Making Crypto Legal Tender To Promote It Among Youth
21.3.2022
In a bid to enhance the financial inclusion of young people, the Malaysian Ministry of Communications and Multimedia has proposed to the country’s authorities to designate cryptoassets as Malaysia’s legal tender.
Datuk Zahidi Zainul Abidin, Malaysia’s Deputy Communications and Multimedia...
Vince Chain and Subx Finance Lab are Now Strategic Partners
21.3.2022
Vince Chain and Subx Finance Lab have entered into a strategic partnership with the aim of building the best NFT marketplace. Vince Chain was the one to announce the news. This opens a door of opportunity for both of them to leave a mark in the industry. Through this strategic partnership, Subx...
Li Finance protocol loses $600,000 in latest DeFi exploit
21.3.2022
Li Finance (LiFi) protocol users suffered losses amounting to around $600,000, some of them have been reimbursed after a hacker exploited a bug in the project’s smart contract
US Treasury Official: We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions
20.3.2022
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted. Treasury Department’s View...