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Indian Finance Minister Urges IMF to Lead in Regulating Crypto — Georgieva Says IMF Ready to Work With India
10.9.2022
India’s finance minister, Nirmala Sitharaman, has urged the International Monetary Fund (IMF) to take “a lead role” in regulating crypto assets. IMF Managing Director Kristalina Georgieva says the global organization stands ready to work with India on climate change, crypto...
Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option
10.9.2022
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months,...
DApp activity rises 3.7% in August for the first time since May: Finance Redefined
9.9.2022
DeFi token finally broke out of two-week-long bearish price dominance to trade in the green, where several tokens in the top 100 registered double-digit gains over the past week
With $2․4M Fundraising in Seed Round, KNN3 Network Races to Provide a Multi-Chain Relationship Aggregating Protocol for d/App and Smart Contract
9.9.2022
PRESS RELEASE. Web3 relationship aggregator KNN3 Network announced it had raised $2.4M in a seed round led by HashGlobal and Liang Xinjun, former co-founder of Fosun International. Mask Network, MetaWeb Venture, Eniac Venture, Tess Venture, Stratified Capital, Fundamental lab, Incuba Alpha, Zeuth...
Bitcoin Interest-Bearing Accounts Were Conceived Over Ten Years Ago, but the Idea Took 8 Years to Catch On
8.9.2022
While decentralized finance (defi) has created a plethora of protocols that make it so crypto assets can gather a yield, ten and a half years ago a bitcoin exchange called Bitcoinica introduced the first interest accruing system for bitcoin deposits. Despite being the first to test the waters...
Bitpanda aims to entice crypto investors to TradFi by adding commodities
8.9.2022
The exchange now allows crypto investors access to traditional investments such as natural resource commodities like precious metals
Zeus Finance to Integrate Chainlink Keepers, Price Feeds, and VRF
8.9.2022
Zeus Finance has announced triple integration, where it has added all three major Chainlink services to the network, making it the first DeFi protocol on the Avalanche network to do so. The integration includes the addition of Chainlink Keepers, Price Feeds, and VRF. Every service will have...
Despite the Historical Blunders of Price Fixing, European Commission and G7 Pledge to Impose Price Controls
7.9.2022
With the global economy looking gloomy and financial trade more restricted than ever before in history, government-mandated prices are seemingly coming back with a vengeance. Europe is suffering from significant financial hardships stemming from the Ukraine-Russia war, and just recently the Kremlin...
Russia Explores Stablecoins for Settlements With Friendly Nations
7.9.2022
Russia is cooperating with friendly countries on the potential employment of stablecoins in international payments, a top government official unveiled. The news comes after key institutions in Moscow agreed that the Russian Federation needs to legalize cross-border crypto payments in the face...
DeFi Platform Curve Finance Takes First Steps Toward crvUSD Stablecoin
7.9.2022
Details on the actual usage of crvUSD are scanty at writing time, and Curve developers denied sharing more information about the tokens with CoinDesk
Degens borrowing ETH to get fork tokens create headaches for DeFi platforms
7.9.2022
Aave has halted ETH lending until the Merge has gone through, while Compound Finance has opted to cap the number of loans and introduce a “jump” interest rate model
Russia Can’t Do Without Cross-Border Crypto Payments, Consensus Reached
7.9.2022
Key government institutions have agreed that Russia needs to legalize crypto payments for international settlements. The proposal has been gaining support in the past few months since Moscow’s decision to invade Ukraine was met with wave after wave of Western sanctions. Financial Authorities...
New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
6.9.2022
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021
UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister
6.9.2022
Kwasi Kwarteng is currently the U.K.'s secretary of state for business, energy and industrial strategy
Can Celphish Finance Be As Influential As Dogecoin and ApeCoin?
6.9.2022
Cryptocurrencies have been gaining a lot of attention in the past few years. Many people are curious about them and want to know more about them. In this post, we will compare Celphish Finance (CELP) to other well-known cryptocurrencies, Dogecoin (DOGE) and ApeCoin (APE). We will discuss and...
Russia’s Finance Ministry, Central Bank Agree To Legalize Cross-Border Crypto Payments
6.9.2022
Ending a long-term dispute, Russia’s Ministry of Finance has announced it has reached an understanding with the Bank of Russia, the country’s central bank, over the legalization of cross-border payments in cryptocurrencies....
Read More: Russia’s Finance Ministry, Central Bank Agree To Legalize...
Pandora Finance Announces Its Partnership With H-Hedz
6.9.2022
Pandora Finance takes immense pride in forming a mutually beneficial partnership with H-Hedz and successfully using the Express Protocol as a platform to create and launch their exclusive NFT Staking Dapp, an NFT project. By themselves, Pandora Finance uses the Web3 space to create and introduce...
Value Locked in Lido Rises Prior to Ethereum’s Merge, LDO Token Jumps 23% Higher in 7 Days
5.9.2022
In eight days Ethereum is planning to undergo one of the most intensive upgrades since the DAO hard fork in 2016, as The Merge aims to change the network’s consensus mechanism from proof-of-work (PoW) to proof-of-stake (PoS). Amid the lead-up to The Merge, the decentralized finance (defi)...
DeFi Crypto Assets To Watch Out For Before the End of 2022: Immunicorn Finance, Uniswap, and Chainlink
5.9.2022
Many crypto projects in the DeFi space were launched to improve the decentralized finance system’s adoption, making it accessible and sensitizing users on its benefits over the traditional finance system. This has caused an increased growth in the decentralized finance (DeFi) sector’s...
Sanctioned Russian Bank Tests In-app Operations With Digital Rubles
3.9.2022
A Russian bank, one of the country’s largest by assets, has conducted a successful trial with digital ruble transactions processed through its mobile app. The state-owned Promsvyazbank was one the institutions placed under Western sanctions earlier this year in connection with...