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Paid Millions to Hide Trillions: Meet Crime Enablers In Traditional Finance


llicit wealth. The people who don’t get mentioned as much in the media coverage of the Pandora Papers, however, are the enablers devoted to helping the richest people in the world get richer and to pass on their wealth while avoiding or evading taxes. These enablers help criminals and kleptoc

Genesis CEO Michael Moro Thinks Mistakes Keep Institutions Away From Defi


CEO of trading firm Genesis, Michael Moro, stated that according to his views the decentralized finance (defi) space is still too risky for institutions to step in. Moro explained that there have been some important mistakes made by high-profile defi protocols that are putting customers’...

C.R.E.A.M. Finance and Yearn Finance Launch Iron Bank on Fantom


C.R.E.A.M. and Yearn Finance will now collaborate to develop multi-chain solutions and transition to new networks as a group. C.R.E.A.M. and Yearn extended their partnership in November 2020 to work together and establish the Iron Bank. The Iron Bank is a more versatile version of C.R.E.A.M. v1....

Georgia to Pilot Digital Currency in Retail Commerce Next Year


The central bank of Georgia is advancing its digital currency project. The monetary authority is preparing to launch the CBDC as early as next year and plans to use the blockchain-based version of the national fiat, the Georgian lari, to facilitate retail sales. Georgia to Introduce Digital Lari...

Phemex Is a Rebellion Against Traditional Finance, and It’s Winning


Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute nightmare. From brokers screaming at each other across trading floors to the modern electronic trading systems of today, money talks in Wall Street. However, while...

Dot.Finance Launches DAO, Tables $PINK Token Proposal


Dot.Finance, a DeFi aggregator dedicated to Polkadot, allows investors to vote on proposals for the first time. The platform released its DAO governance framework last week, giving PINK token-holders and stakers the ability to influence its future direction and product development. As with DeFi’s...

Folks Finance to Use Algorand Virtual Machine for DeFi


Algorand recently updated its Virtual Machine (AVM) that simplifies and reinforces smart contracts to build new dApps. In addition, Folks Finance, the capital market protocol, recently announced using AVM for its DeFI operations. The integration will see Folks Finance using the Algorand Virtual...

Pokémon Is Joining Forces With Universal Studios Japan


Today in Osaka, Universal Studios Japan announced it’s entering into a creative partnership with The Pokémon Company. “Universal Studios Japan and The Pokémon Company will enter a long-term partnership to jointly explore groundbreaking entertainment that will immerse guests into the world...

ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi


DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak...

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