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BIS Economist Recommends ‘Technology-Neutral’ Crypto Regulation, Low-Cost Supervision of Decentralized Markets
2.7.2021
An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat currencies or regulated finance, therefore a “technology-neutral regulation to this asset class” is recommended. The economist discussed “embedded...
ETH 2.0 Contract Exceeds 6 Million Ether, Data Shows Ethereum Outperformed BTC in Q1 and Q2
2.7.2021
Statistics show that the Ethereum 2.0 deposit contract has exceeded 6 million ether this week as more than $12.4 billion worth of ethereum is held in the contract today. Onchain metrics show that Ethereum has seen some significant drawdowns in recent times and decentralized finance (defi) activity...
DIA forms JV With Knit Finance
2.7.2021
One of the ways in which the top 200 digital properties create cross-chain wrappers through an exclusive decentralized protocol is called Knit Finance. It allows traders, farmers, developers, and institutions to warrant secure cross-chain uncertainty of assets by building bridges to tap into...
Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin
2.7.2021
The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in startups focused on identification technology, e-commerce, education, fintech and now cryptocurrency solutions. The Softbank Latin America Fund revealed on Thursday that...
3 reasons why analysts are turning bullish on Curve Finance (CRV)
1.7.2021
Attractive yields for stakers, protocol revenue and competition among DeFi protocols have analysts pointing to a bullish long-term view for Curve Finance
George Soros’ Investment Fund Is Reportedly Trading Bitcoin Products
1.7.2021
The Hungarian-born American billionaire investor George Soros’ investment fund is actively trading bitcoin investment products, according to reports. Undisclosed sources reveal that bitcoin trading got the green light from the Soros Fund Management chief investment officer (CIO) Dawn...
Nintendo Investigated Report Of Forced Uighur Labor
1.7.2021
In spring 2020, the BBC reported that tens of thousands from China’s Uighur ethnic minority group were being forced into factory labor, having no choice whether or not to work in the global supply chain for products made by 83 global brands.Read more
C.R.E.A.M. Finance to Serve the Money Markets of Polygon
1.7.2021
C.R.E.A.M. Finance has finally been introduced to Polygon, and now the financial platform is ready to cater to the money markets of Polygon. According to Matic predictions, the integration shall be beneficial for the money markets of Polygon. C.R.E.A.M. Finance is a decentralized finance platform...
Ventup, the IDO Launchpad by Vent, Connects Game-Changers With Investors
1.7.2021
Vent is excited to announce the launch of their IDO on the Ventup platform, nurtured by Vent Finance. This innovative community-driven platform promises to usher in a new era of decentralized funding for vetted projects and help empower entrepreneurs on their journey to success. Vent –...
Payments Giant NCR Bringing Bitcoin Trading to 650 U.S. Banks and Their 24 Million Customers
30.6.2021
Payments giant NCR and New York Digital Investment Group (NYDIG) are collaborating to allow 650 U.S.banks to offer bitcoin trading to their 24 million customers through their mobile applications. 24 Million Customers of 650 Main Street Banks May Soon Have Access to Bitcoin Trading New York Digital...
Sony Charging Devs At Least $25,000 For PlayStation Store Visibility
30.6.2021
In a furious tirade on Twitter, independent games publisher Iain Garner of Neon Doctrine has unleashed his frustrations with trying to publish games on a major games console—one he says that isn’t made by Microsoft. During the spleen-venting, he suggests that getting prominent promotion for a game...
British Bank Natwest Imposes Daily Limit on Transfers to Cryptocurrency Exchanges Over Fraud Concerns
30.6.2021
A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms. Natwest says the two moves are necessary to protect customers....
Relite Finance Now on Reef Chain to Power Cross-Chain Liquidity
30.6.2021
To grow its ecosystem, Reef Finance is soon going to integrate Relite Finance into its network. The official announcement in this regard has just been made by Reef Finance. The primary benefit of this integration will manifest in terms of wider access to facilities that users of Reef Finance will...
Decentralized Exchange Volumes Double Overnight — A Look at the Top 3 Dex Platforms in 2021
30.6.2021
As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since...
Mexico’s Finance Minister: Cryptocurrencies Are Prohibited From Being Used in Financial System
30.6.2021
Mexico’s central bank, finance ministry, and banking regulator have jointly issued a warning about cryptocurrency. Finance Minister Arturo Herrera emphasized that cryptocurrencies are prohibited from being used in Mexico’s financial system. The central bank of Mexico, the finance...
Ark Invest Files for a Bitcoin ETF
29.6.2021
Ark Invest, the investment company founded by Cathie Wood, filed for approval to offer a Bitcoin ETF yesterday. 21Shares, an investment firm with experience launching related products in Europe, will help Ark to launch the product. Ark Invest is the latest of several funds showing interest...
Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG
29.6.2021
On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has acquired a major stake in Crypto Finance AG. The move adds to Deutsche Börse’s extension into the cryptocurrency industry in order to provide custody...
Shield Finance Enters a Strategic Partnership With BSClaunch
29.6.2021
Striking a strategic partnership in cryptocurrency and blockchain domains is very important for the widespread adoption of these new-age technologies. Announcing one such relevant partnership, Shield Finance has joined hands with BSClaunch. This partnership will enable the BSClaunch to protect...
Deutsche Boerse acquires majority ownership of Crypto Finance AG
29.6.2021
The German stock exchange operator plans to expand its regulated crypto-asset ecosystem across the European market
Reef Finance Integrates NFTify on its Blockchain Platform
29.6.2021
In an important collaboration, Reef Finance integrated NFTify on its blockchain ecosystem, Reef Chain. This will pave the way for NFT stores on NFTify to create the store on the blockchain ecosystem of Reef. In other words, this coming together will open up a new world of possibilities as DeFi...