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GoodFi coalition adds 22 industry leaders to help attract 100M to DeFi
14.5.2021
The decentralized finance coalition has onboarded 22 leaders from 19 teams to help further its mission of bringing 100 million people into DeFi by 2025
State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies
14.5.2021
The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets, with a commitment to a level of security...
Here’s why Ethereum, AAVE, ALPHA are unfazed by Bitcoin’s latest ‘Elon candle’
13.5.2021
Several altcoins managed to escape the Bitcoin Tesla FUD
Funding Roundup: Fresh Capital Aims to Advance Blockchain Product and Service Capabilities
13.5.2021
Beyond expanding the reach of blockchains’ functionality, projects are striving to improve upon existing technologies with their capital injections to build a more safe, secure, and seamless user experience that will drive the next generation of products and services. Moma Protocol Receives...
Bank of Israel Drafts Model of a Digital Shekel
13.5.2021
The central bank of Israel has offered a glance at what a digitalized version of the national fiat currency may look like. According to a released “draft model” of the coin, Israelis should be able to use the digital shekel in payments, even offline, and convert it to cash at...
Finance Redefined: Never a dull day in DeFi! May 5-12
13.5.2021
One of the busiest days of the year for DeFi featured exploits, rugpulls, protocol pivots, and more
Hungary to Cut Tax on Crypto Profits in Half, Down to 15%
12.5.2021
The government in Budapest has put forward measures aimed at streamlining taxation and reducing the tax burden on businesses and citizens. As part of the package, Hungary plans to cut the tax levied on capital gains from cryptocurrency transactions, expecting to increase budget revenue with...
Ethereum Options Trade Volume Exceeds Bitcoin’s, Deribit Introduces a $50K ETH Strike for 2022
12.5.2021
Last week, ethereum options volume surpassed bitcoin’s for the first time on the digital currency derivatives exchange Deribit. Further, the trading platform recently introduced a $50k ETH strike for March 2022 and explained the $50k call is “gaining immediate buy traction.”...
Yearn Finance surges 45% as it joins dog pack with WOOFY
12.5.2021
Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI
Market Wrap: Yearn, EOS Rise Over 30% While Ether and Bitcoin Eke Out Small Gains
11.5.2021
The DeFi-related assets have grown by double digits so far this year
Balancer protocol launches version 2 of its automated market maker
11.5.2021
Automated market makers, or AMMs, have become a staple of the rapidly growing DeFi industry
Palantir to Accept Bitcoin for Services, Considers Keeping BTC on Its Balance Sheet
11.5.2021
Palantir Technologies, the Peter Thiel-backed, American software company specializing in big data analytics, announced Tuesday that company plans to accept bitcoin for services. Further, like a variety of corporate entities that are accepting and holding bitcoin, Palantir is considering keeping...
Yearn Finance price nearly hits $70,000 — What's driving the YFI bulls?
11.5.2021
Traders have flocked into the Yearn Finance's YFI markets as their upside opportunities in other top tokens subside
El Corte Ingles Files for a Crypto-Related Trademark to Provide ‘Financial Services’
11.5.2021
El Corte Inglés, the biggest department store group in Spain, seems to be entering into the cryptocurrency sphere. After filing for a related trademark with the Intellectual Property Office of the European Union, they have registered “Bitcor”. Trademark Is a ‘Preventive...
Market Wrap: Stellar, ICP Pop as Altcoin Season Takes Ether to Fresh High
10.5.2021
Jed McCaleb’s stellar token rides the altcoin wave as ether pushes to new levels
Babel Finance raises $40M to expand crypto offerings
10.5.2021
The Series A round underscores growing investor appetite for crypto-focused institutional offerings
Canadian Bitcoin ETF issuer seeks ‘green BTC’
10.5.2021
Ninepoint will allocate part of its management fees to even out the carbon footprint of Bitcoin in its exchange-traded fund product
Sony Expects PS5 Shortages To Continue Into Next Year
10.5.2021
Even though the PlayStation 5 launched in November 2020, the console is still scarce at retail. Sony Chief Financial Officer Hiroki Totoki apparently believes that these shortages will continue, even into 2022.Read more
Former Finance Secretary Urges Indian Government to Encourage Crypto Services, Regulate Cryptocurrencies
10.5.2021
Former Finance Secretary Subhash Chandra Garg, who headed the committee that drafted India’s cryptocurrency bill, says that the government should not ban cryptocurrencies but regulate them instead. He further urges the government to encourage crypto services. Indian Government Should Regulate...
Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH
9.5.2021
Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s...