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Goldman Sachs Files Defi ETF Application
27.7.2021
Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved, would help institutions and retail investors gain exposure to defi...
Reef Finance Introduces Hypersign to its Ecosystem
27.7.2021
Another feather was added to the crown of the ever-expanding ecosystem of Reef Finance, titled Reef Ecosystem when it welcomed Hypersign. This business enterprise specializes in providing solutions for decentralized identities (DID). Hypersign has become the latest name in the long list of solution...
Goldman Sach's new 'DeFi' ETF is anything but
27.7.2021
Goldman Sachs has filed for a “DeFi” ETF that will track major stocks including Nokia, Google, and Fujitsu
Binance Smart Chain Creates a $10 Million Bug Bounty Fund to Tighten Protocol Security
26.7.2021
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug bounty hunters and ethical hackers. Binance Smart Chain Reveals...
Firebird Finance Expands to The KuCoin Community Chain
26.7.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Today Firebird Finance has announced the project will expand to the KuCoin Community Chain (KCC). The protocol, live on Polygon and Binance Smart Chain, is looking to become a first-mover into the new network....
Crudeoil Finance & the Collective Form a Strategic Alliance
26.7.2021
In a partnership of strategic interest, Crudeoil finance has decided to come together with Collective to explore opportunities in the space of global marketing and customer growth. Crudeoil Finance has carved a place for itself in the Decentralized Finance (DeFi) space, thanks to its unique...
DeFi projects face a painful dilemma right now as they seek ‘the holy grail’
26.7.2021
Many DeFi projects face a painful dilemma: Should their protocols be designed for professional traders, or everyday consumers yet to embrace crypto in their masses?
memeunity & BRING.FINANCE Partner for Social Media Privacy
26.7.2021
Considered as a potential-driven decentralized cross-chain network facilitating easy staking of tokens, BRING.FINANCE (bRing) has announced its strategic partnership with memeunity, a friendly social media portal using decentralization as a privacy tool. With this integration, the bRing community...
Analyst Jim Cramer Calls Ethereum the ‘Pied Piper of Crypto’ but Won’t Add to His Position
26.7.2021
CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his ethereum position “but not adding to it.”...
Crypto Companies Establish Presence, Hire Talent in Ireland
25.7.2021
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in the EU member state with some well-known players...
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push
25.7.2021
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit transactions at the union level while calling them...
Strategist Mike McGlone Believes Bitcoin Can Jump to $60K Resistance vs. $20K Support
25.7.2021
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the strategist’s analysis notes that bitcoin prices will likely revert toward the $60K...
Switzerland’s Largest Bank UBS Says Clients Have Crypto FOMO
23.7.2021
UBS, Switzerland’s largest bank, says that clients are looking at different investment alternatives and there is a bit of a fear of missing out (FOMO) when it comes to cryptocurrency investments. UBS Says There Is a Bit of Fear of Missing Out The CEO of UBS Group AG, Ralph Hamers, talked...
Goldman Sachs Survey Shows Family Offices Are Flocking to Crypto Investments
22.7.2021
High net-worth families are turning to cryptocurrency investments, according to a recent Goldman Sachs survey that found close to half of the company’s family office clients are inquisitive about crypto-asset investments. A Goldman Sachs executive further said that a large portion of...
SEC Chairman Outlines Regulation of Crypto Assets Relating to Security-Based Swaps
22.7.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has clarified how cryptocurrencies falling under security-based swaps are regulated. He affirmed that platforms operating in the centralized or decentralized finance space are implicated by the securities laws....
Harvest Finance Integrates With Binance Smart Chain
22.7.2021
Harvest joined the Binance Smart Chain back in April to pursue two objectives – deliver optimal yields to users and minimize the farming cost. Multiple months have passed since the integration, and it is yielding esteemed results. While the process is straightforward, it requires several...
Chainlink Price Feeds integrated on Twin Finance
22.7.2021
The prominent Oracle network that warrants an array of diverse smart contract solutions ‘Chainlink’ has been consolidated with Twin Finance. The online company that originates Synthetic Tokens ‘Twin Finance’ intends to strengthen its capabilities. According to the data, this...
BRING.FINANCE Joins Hands With Ferrum Network
22.7.2021
In one of the developments of strategic interest, BRING.FINANCE has announced that it has struck a partnership agreement with Ferrum. This outcome is particularly relevant for building scalable blockchain solutions in the decentralized finance (DeFi) category. Ferrum has carved a place by offering...
Future of Digital Euro ‘Not Clear Yet,’ Former Eurogroup Official Says
22.7.2021
Europe’s digital currency project has made some progress recently, with the Eurozone’s central bank moving to its next stage. Critics point, however, to the continuing lack of clarity around the design and purpose of the digital euro after a decade-long delay, if cryptocurrency is taken...
NFT Marketplace Opensea Raises $100 Million — Firm Becomes a Blockchain Unicorn
22.7.2021
Opensea has become the latest non-fungible token (NFT)-focused firm to raise funds this year as the company announced raising $100 million in a Series B this week. The venture capital firm Andreessen Horowitz led the Opensea financing round alongside investors like Kevin Durant, Ashton Kutcher,...