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New FATF Guidance Applies Regulatory Standards to Decentralized Exchanges, Defi and NFTs
24.3.2021
On March 19, the Financial Action Task Force (FATF) published draft guidance on the risk-based approach to virtual assets. The newly updated guidance now applies anti-money laundering and know-your-customer rules to stablecoins, decentralized finance (defi), and non-fungible token (NFT) assets....
Jeff Garzik’s DeFi protocol Vesper Finance tops $1B TVL in six weeks
24.3.2021
Within six weeks of launching, Vesper Finance, a DeFi yield platform co-founded by former Bitcoin Core developer Jeff Garzik, has amassed a $1 billion TVL
Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
24.3.2021
Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid...
GameStop's Most Popular Earnings Call Ever Is A Bust
23.3.2021
After weeks of record-breaking days on Wall Street thanks to a meme stock frenzy engineered by Reddit, people were hoping for some answers from GameStop’s executives during today’s call with investors. They got none.Read more
Tidal Finance and Elrond Network Form a Strategic Alliance
23.3.2021
Tidal Finance announced its strategic partnership with Elrond Network via their respective Twitter handles. Tidal Finance is a high-yield insurance platform dedicated to offering a safe and secured DeFi (Decentralized Finance) network powered by Polkadot technology to provide personalized insurance...
Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
23.3.2021
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak....
Report: Microsoft Wants To Buy Discord For "Over $10 Billion"
23.3.2021
Bloomberg is reporting that Microsoft is one of several companies “in talks” to purchase chat and community platform Discord, for a price said to be in excess of $10 billion.Read more
Global Chip Shortage, Affecting Everything From PS5s To Graphics Cards, Is Becoming A "Crisis"
23.3.2021
While anyone reading this will know it has been hard finding a PS5 lately, loads of other markets are experiencing shortages as well, thanks to a global “crisis” affecting the supply of semiconductor chips to, well, anything that uses them. And that’s a lot of stuff.Read more
DeFi Goes Mainstream: B26 Finance Becomes Official Sponsor for the Falcons, Dubai’s Basketball Team
22.3.2021
PRESS RELEASE. B26 Finance, the world’s first blockchain-based self-banking service, has recently been released to the world. Being a relatively new project, developed and worked on for years, but officially launched 2 weeks ago (8/03/2021), B26 Finance has seen massive growth and adoption...
Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen
22.3.2021
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged...
Scaramucci’s Skybridge Capital Registers With SEC to Launch a Bitcoin ETF
22.3.2021
Anthony Scaramucci’s Skybridge Capital has filed an S-1 registration form with the Securities and Exchange Commission (SEC) for a bitcoin exchange-traded fund (ETF). The prospectus for the “First Trust Skybridge Bitcoin ETF Trust” notes that the ETF aims to list common shares...
Default auditing for DeFi projects is a must for growing the industry
21.3.2021
There has been a shift that has taken auditing from being seen as an unnecessary burden to an absolute essential for any serious project
Report: More Layoffs Loom As Activision Blizzard Moves To Close European Publishing Offices
19.3.2021
Activision Blizzard is planning to close its publishing offices in Europe and lay off even more employees in the process, according to a new report by GamesIndustry.biz.Read more
Sony Buys Evo
18.3.2021
Premier fighting game competition the Evolution Championship
Series (colloquially known as Evo) has been purchased by Sony Interactive Entertainment,
the Japanese corporation announced
today. Evo co-founders Tom and Tony Cannon plan to stay on as key advisors.Read more
Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
18.3.2021
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible...
Finance Redefined: The crypto renaissance is finally here, March 3–17
18.3.2021
DeFi and crypto have weathered the storm, looking poised for a fiery 2021
Morgan Stanley Making 3 Bitcoin Funds Available to Clients
18.3.2021
One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not currently allow their advisors to offer direct investment in bitcoin funds....
Volatility derivatives project Volmex Finance attracts backing from VC giants
18.3.2021
Volatility derivatives are coming to DeFi with backing from several VC giants
Visa Anticipates Cryptocurrency Becoming ‘Extremely Mainstream’ — Working to Allow Bitcoin Use at 70 Million Stores
18.3.2021
Visa CEO Al Kelly anticipates that cryptocurrency could become “extremely mainstream” within five years. He is working to position Visa in the middle of it should cryptocurrency take off. He further confirmed that Visa is working to allow bitcoin purchases, in addition to enabling...
Grayscale Launches 5 New Crypto Investment Products as Investor Demand for Cryptocurrencies Soars
17.3.2021
Grayscale Investments has launched five new cryptocurrency investment products, which are now available for subscription by eligible individual and institutional accredited investors. The company now offers a total of 14 crypto investment products. The new products are the Basic Attention Token...