Search
Rebranded Libra Still a ‘Wolf in Sheep’s Clothing’: German Finance Minister
7.12.2020
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns
Bequant, Global Digital Finance Look to Create Best Practices for DeFi
7.12.2020
A working group wants to create some best practices for decentralized finance in an effort to improve adoption while warding off potential regulations
Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 3 Is Now Live
5.12.2020
PRESS RELEASE. Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), and improve upon them. Yearnify aims to bring the true value of yield farming finance accessible to all users, yearnify offers the most secure and simple way to earn...
It’s time to mature: We need compliant decentralized finance
5.12.2020
It’s up to the community to educate regulators and help them build a framework that achieves and maintains both sides’ goals
Unbanked Hong Kong Chief Carrie Lam: “I Have Piles of Cash at Home”
4.12.2020
Hong Kong Chief Executive Carrie Lam says she is currently unbanked and keeps piles of cash stashed at her home courtesy of US sanctions. Alongside 14 Chinese and Hong Kong officials, Lam has been slapped with punitive measures that effectively cut her off from the banking system. The US government...
Financial Analysts Expect US Dollar to Soften Further, 2021 Could Be the Greenback’s ‘Worst Year Ever’
4.12.2020
Well before the coronavirus pandemic, global economists expected a grim-looking American economy and during the last ten months of the Covid-19 outbreak, the U.S. financial system looks even worse. Economists and analysts say the biggest concern is the U.S. dollar faltering into the unknown, as...
Cryptocurrency Indexes Are Set to Launch in 2021 by S&P Dow Jones Indices
3.12.2020
S&P Dow Jones Indices has made it official: they will launch cryptocurrency indexes in 2021, becoming the latest major finance company to make its inception into the digital asset industry. More than 550 of the top traded coins to be included in the indexes As Reuters reported initially...
Yearn.finance mergers and sideways Bitcoin price propel DeFi tokens higher
3.12.2020
Select DeFi tokens have outperformed Bitcoin and altcoins as investors cheer the news of mutually beneficial partnerships
DeFi project Aave unlocks collateral with version 2 release
3.12.2020
Users can now trade assets while they are locked up as decentralized finance collateral
Finance Redefined: What’s a DeFi merger, anyway? Nov. 25–Dec. 2
3.12.2020
Yearn “acquisitions” dominated headlines this week
Visa, Blockfi Launching Credit Card With Bitcoin Rewards — Get BTC Back on All Transactions
2.12.2020
Blockfi has unveiled a credit card with bitcoin rewards in collaboration with Visa. This is “the first credit card that lets you earn bitcoin back with every purchase,” Blockfi detailed. Visa Credit Card Offering Cash Back in Bitcoin Crypto financial services provider Blockfi announced...
$10.8M Stolen, Developers Implicated in Alleged Smart Contract ‘Rug Pull’
2.12.2020
Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors
Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger
1.12.2020
Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself
Guggenheim Investment Fund to Invest $497 Million in Grayscale’s GBTC Seeking Bitcoin Exposure
30.11.2020
Guggenheim’s billion-dollar Marco Opportunities Fund (MOF) may seek indirect exposure to BTC through the investment of 10% of its net asset value into Grayscale’s BTC Trust (GBTC). The investment (when complete) means MOF will have committed as much as $497 million into the GBTC. In...
Introducing MoonDeFi, a New Part of Decentralized Finance
29.11.2020
PRESS RELEASE. Centralized exchanges have been the backbone of the cryptocurrency market for years. They offer fast settlement times, high trading volume, and continually improving liquidity. However, there’s a parallel world being built in the form of trustless protocols. Decentralized...
Yield farming is a fad, but DeFi promises to change the way we interact with money
29.11.2020
The sector has a long way to go in terms of accessibility if DeFi really wants to challenge traditional financial institutions
CME Group Outpaces Competition Becoming the World’s Largest Bitcoin Futures Market
29.11.2020
Financial derivatives products for bitcoin have grown massively during the last few months. On Friday evening (EST), Arcane Research explained that the Chicago Mercantile Exchange has surpassed Okex as the largest bitcoin futures provider. The regulated derivatives market at CME has doubled month...
Yearn Finance continues acquisition spree with Cover
28.11.2020
"That's how shit gets done here," says one team member
KP2R Network: A Decentralized Marketplace for Developers
27.11.2020
PRESS RELEASE. The past decade has witnessed a revolution in traditional finance led by the utilization of blockchain technology. Blockchain technology has shown greater use cases since the development of leading coin Bitcoin. It has been used in different sectors of world economics including...
Curve Finance Votes to Disperse $3M in Fees to Governance Token Holders
27.11.2020
The community vote was an exercise in decentralized governance for a protocol not unfamiliar with meeting community demands