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US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
16.12.2021
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and...
More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
15.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
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Read More: More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
Force Bridge Will Now Be Utilized by the Cardano Lending Platform
15.12.2021
Background MELD is Cardano DeFi banking protocol. Its operations aim to empower the users through tools and services, enabling them to enjoy the independence of managing their finances. The management of finance covers earning interest through investments, creating collateralized debt positions...
Bitcoin 'Should Hold' USD 40K, Says Novogratz. If Not - It's a ‘Buying Opportunity,’ Argues Kraken CEO
15.12.2021
A bitcoin (BTC) price of under USD 40,000 would be a “buying opportunity,” and the US dollar is “going to zero,” Jesse Powell, CEO of crypto exchange Kraken said in a new interview. Meanwhile, Galaxy Digital CEO Mike Novogratz said the market is in a “healthy” correction, and that a BTC price...
Even This Hydraulics Firm Takes Crypto, DeFi, NFT & Metaverse Plunge
14.12.2021
The Korean Stock Exchange-listed South Korean hydraulics firm Sewon E&C is in the final stages of sealing a deal with a major decentralized finance (DeFi) player over proposed crypto, non-fungible token (NFT), and metaverse collaboration....
Read More: Even This Hydraulics Firm Takes Crypto...
'DeFi is the most dangerous part of the crypto world,' says Senator Elizabeth Warren
14.12.2021
The U.S. lawmaker claimed that the value of stablecoins would "take a nosedive," with small investors largely feeling the effects of a potential downturn
Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News
14.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________
...
Read More: Bitcoin-focused NYDIG Raises USD 1B, Golden State FTX, Bitfinex Recovers 6 BTC + More News
ICON’s P-Reps Approves Funding for the KarmaDAO
14.12.2021
ICON’s P-Reps will now accept financing for KarmaDAO, a DeFi 2.0 project backed by protokol7. The goal of KarmaDAO is to “assist protocols in establishing protocol-owned liquidity along with offering advantages to network members — users. OlympusDAO pioneered Protocol Owned Liquidity,...
Small Ethereum investors increase exposure as ETH loses $4K level
13.12.2021
The number of Ethereum addresses holding less than 0.01 ETH and 0.1 ETH has been climbing since early November against an ongoing price correction
Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News
13.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News
TrustFi and PlayPad Announce Partnership for Cross-Marketing
13.12.2021
TrustFi works hard to link with firms sharing a similar vision of assisting projects in achieving long-term success through on-chain asset liquidity management. As a result, TrustFi is ecstatic to announce the collaboration with PlayPad, which is supported by a multi-chain, fully decentralized...
SUSHI Jumps 10% as New Takeover Proposal is Met with Mixed Reactions
13.12.2021
The price of SUSHI, the governance token of the SushiSwap decentralized exchange, appreciated on Monday after a new proposal for the restructuring of the Sushi Decentralized Autonomous Organization (DAO) emerged.
At 13:02 UTC on Monday, SUSHI traded at USD 6.05, up 10.6% over the past 24 hours...
Polygon Acquires Mir Protocol in $400M Deal in Order to Bolster ‘Groundbreaking ZK Rollup Tech’
12.12.2021
On December 9, Polygon co-founder Mihailo Bjelic announced that the project has acquired the Ethereum scaling startup Mir in a $400 million deal. The Mir team of cryptographers and engineers are joining Polygon in order to create a “highly-scalable, Ethereum-compatible ZK rollup”...
DeFi resolving the five flaws of traditional finance, book review
11.12.2021
The book describes how DeFi improves upon traditional finance’s failings by raising up “marginalized groups,” including the unbanked
FATF guidance on virtual assets: NFTs win, DeFi loses, rest remains unchanged
11.12.2021
The Financial Action Task Force has laid out its perspective on crypto, including its views of nonfungible tokens and decentralized finance
Altcoin Roundup: 3 metrics that traders can use to effectively analyze DeFi tokens
11.12.2021
DeFi presents a wealth of opportunity for investors, but there are also risks. Here are three metrics investors use to analyze decentralized finance tokens and their associated protocols
Finance Redefined: AWS turns crypto exchanges offline, and Sushi CTO resigns, Dec. 3–10
10.12.2021
An AWS outage sent shockwaves around the crypto industry, Delong left his role as Sushi CTO, and Coinbase opened a cryptography library — all coming to you in this week’s Finance Redefined
Coinbase Launches Defi Yield Earning Service to Over 70 Countries, United States Not Included
10.12.2021
The cryptocurrency exchange Coinbase has revealed that it has made decentralized finance (defi) more accessible by giving Coinbase customers from over 70 countries access to earning yield on the stablecoin DAI. Coinbase claims the process is simple with “no fees, lockups, or set-up...
ECB Should Learn From Florida, Solana's Opera, IOTA Assembles USD 100M, Gemini Down + More News
10.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: ECB Should Learn From Florida, Solana's Opera, IOTA Assembles USD 100M, Gemini Down + More News
Optimism Enters Partnership with Across
10.12.2021
Optimism recently treated its users by partnering with Across, the bridging venture. The latest integration allows Optimism Ethereum users to bridge finances back to Layer 1 Ethereum. Currently, users can access UMA, USDC, and ETH via the bridge, with the ventures planning to add more assets...