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Brazil Sees BRICS Bank as Alternative Financial Institution, President Lula Says
27.5.2023
The government of Brazil views the development bank established by the BRICS bloc as an alternative to traditional financial institutions, the country’s head of state told African diplomats. President Lula da Silva also vowed that the bank will improve cooperation with its African counterpart....
A week filled with exploits and uncertainty for DeFi: Finance Redefined
26.5.2023
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control
Atlanta Fed explains Web3 finance, including XRP ‘international payment medium’
26.5.2023
The highly accessible introductory text mentions all the concepts and names a curious reader would need, along with some assessments
Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl
26.5.2023
The crypto bridging service Multichain is coming under the microscope from Binance and other important outposts
Stablecoin Issuer Lybra Finance Nears $100M in TVL
26.5.2023
Lybra Finance was launched last month and uses liquid staking derivatives to offer an interesting-bearing stablecoin
Avalanche’s AVAX Token Remains Flat Ahead of its $130 Million Token Unlock
26.5.2023
More than 9.3 million tokens will be unlocked Sunday, representing 1.2% of AXAX’s total supply
Stablecoins Are the 'Glue' Between the Real Economy and Blockchain: Binance Japan General Manager
26.5.2023
Tsuyoshi Chino added that Binance J.apan may be still "a long way off" its business and activities being properly understood in gaining regulatory acceptance
Putin Believes Decentralization Will Help Global Economy Be More Resilient
26.5.2023
Russian President Vladimir Putin has stated that the decentralization of the finance system might benefit the global economy, allowing it to be more resilient in the long run. At the second Eurasian Economic Forum, Putin explained that building this decentralized system would allow for...
Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
26.5.2023
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....
USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets
26.5.2023
The miner will receive $15 million management fee for the Celsius mining assets, which it will operate exclusively
Venezuela Seeks to Regain Control of More Than $1.8 Billion in Gold After Interim Government Dissolves
25.5.2023
The government of Venezuela is seeking to regain control of more than $1.8 billion in gold deposited in the vaults of the Bank of England. Officials of Maduro’s government appealed to the London Court of Appeals that the destitution of Juan Guaido, the former interim president, could affect...
DCG Sunsets Trade Execution, Prime Brokerage Unit TradeBlock
25.5.2023
The crypto conglomerate suffered a loss of more than $1 billion last year
Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End
25.5.2023
The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy
Nvidia's Blockbuster Outlook Reminds Bitcoin Miners to Give AI a Look
25.5.2023
Bitcoin miners might find non-mining AI applications too tantalizing to pass up
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
If Crypto Is the Future, Advisors Need to Embrace It Now
25.5.2023
Skyrocketing debt, rising inflation and bank runs are contributing to an uncertain financial landscape. Crypto can help FAs navigate this future
Hong Kong Asset Manager Metalpha Secures $5M from Bitmain for Grayscale-Based Fund
25.5.2023
The firm has so far received $20 million out of its $100 million target for the fund
Sam Altman’s Crypto Project Worldcoin Raises $115M Led By Blockchain Capital
25.5.2023
Other investors in the Series C round included Bain Capital Crypto and Distributed Global
Bitcoin's Hot Ordinals Economy is Getting a Dollar-Backed Stablecoin
25.5.2023
Stablecoin issuer Stably is launching a dollar-backed stablecoin for traders of Bitcoin NFTs and BRC-20 tokens
Helium Expands IoT Coverage Through Amazon Sidewalk/Oxit Partnership
25.5.2023
The partnership will enable IoT solution providers to benefit from Amazon Sidewalk’s network and Helium’s network