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Russia’s Sberbank Denies Involvement in Recently Launched ‘Sbercoin’
6.4.2022
Sberbank, the largest bank in the Russian Federation, has denied connection to a new cryptocurrency called “sbercoin.” The project is offering high returns to buyers of the token, which was launched shortly after Bank of Russia allowed Sberbank to issue digital currencies. Sbercoin...
GameStop Fans Dissect Chairman's Poop Tweet For Meme Stock Clues
6.4.2022
GameStop’s most enthusiastic investors don’t believe in the dying retailer. They believe in Ryan Cohen, its tech-savvy chairman and potential savior. If you want proof of the billionaire backer’s cult of personality, look no further than his post yesterday about poop.Read more
Yearn Finance advocates for the adoption of ERC-4626 tokenized vault standard
6.4.2022
The widely-popular DeFi protocol announced its support for the newly-passed ERC on Wednesday, stating that Yearn V3 plus ERC-4626 equals "Inevitable.”
Flowcarbon-Centrifuge Partnership Will Activate Carbon Finance
6.4.2022
flowcarbon, a climate tech firm based in New York, is partnering with Centrifuge, a well-established DeFi (decentralized finance) platform, to unleash the carbon finance project and scale the voluntary carbon market (VCM). Pools of forwarding contracts will be structured by flowcarbon – (Emission...
Funimation's YouTube Channel Is Now Crunchyroll Dubs
6.4.2022
If you’ve been looking for Funimation’s YouTube channel, you won’t find it. The channel has been rebranded as Crunchyroll Dubs. While the name has changed, what it’s offering, so far, hasn’t. Anime News Network reports that it will still stream trailers, clips, and episodes of English-dubbed anime....
Hundred Finance Is Now Available on Polygon
6.4.2022
Hundred Finance announced the release of the Hundred Finance dApp on Polygon, the chain that undoubtedly started the Eth scaling solution craze! This rollout will bring Hundred Finance to one of the most strong communities in the underlying blockchain DeFi ecosystem, including over a billion...
DeFi Could Rely On CBDC, But More Bridges With Centralized Finance Are Needed - Expert Panel
5.4.2022
As decentralized finance (DeFi) and central banking share a number of objectives, building bridges between decentralized and centralized finance (CeFi) could open up new possibilities for the use of central bank digital currencies (CBDCs) , according to the participants of a debate held by...
DeFi ‘Super App’ Parallel Finance Doubles Valuation, Plans Up to $60M Series B
5.4.2022
The Polkadot-based lending protocol raised $5 million at a $500 million valuation, up from $250 million in November
Digital Finance and DeFi Tokens: Invest in Solana, Aquasis Protocol, and Quitriam Finance
5.4.2022
In the crypto world, the notion of Decentralised Finance (DeFi) is used to describe the sub-sector of crypto that is revolutionizing the internet-native financial system by using Blockchains to replace traditional intermediaries (i.e., Banks). Crypto Investors are strongly convinced this is...
Digital Euro Will Have Privacy Safeguards, European Finance Ministers Say
4.4.2022
Ministers are discussing policy options for the central bank digital currency though no formal decision to issue one has been taken
Frax Finance’s FXS Jumps as Terra Introduces Stablecoin Pool ‘4pool’
4.4.2022
Liquidity from four major protocols would be used to make Curve’s 4pool attractive for users
Weekend Crypto Trading Offers Clues to Stock Investors as Tesla Faces Shanghai Lockdown
4.4.2022
The predictive power of tokenized stocks that are traded 24/7 is finally receiving the attention of Wall Street and the financial media, after Tesla’s stock tokens signalled bullishness among traders despite a difficult weekend for the electric car maker....
Read More: Weekend Crypto Trading...
Indonesian Government Sets Crypto Tax at 0.1% to Be Levied Starting in May
4.4.2022
The Indonesian government has decided to tax capital gains income from crypto investments at 0.1% starting in May. In addition, value-added tax (VAT) of the same rate will be levied on crypto purchases. Indonesia to Start Taxing Crypto Income at 0.1% The Indonesian Directorate General of Taxes,...
Total Value Locked in Defi Nears Lifetime High, Ethereum’s TVL Dominates by 54%
3.4.2022
On Sunday, April 3, the total value locked (TVL) in decentralized finance (defi) has risen to $231 billion. The TVL is nearing the all-time high (ATH) of $256 billion recorded on December 2, 2021, as it’s only 10.82% under the TVL’s ATH. Additionally, while Curve Finance continues...
Russia Will Not Try to Ban Home Crypto Mining, Finance Ministry Official Indicates
3.4.2022
A high-ranking representative of the Ministry of Finance in Moscow sees no point in banning crypto mining in Russian households as it would be hard to restrict the activity. The top official also revealed that the department is currently finalizing regulations for the mining sector as part...
Crypto assets for liquid democracy: The future of public finance
3.4.2022
In the world of Web3, we will participate in collective decision-making through liquid democracy powered by crypto assets and smart contracts
DeFi Lender Inverse Finance Exploited for $15.6 Million
2.4.2022
It is the third multi-million dollar crypto attack to make headlines in recent days
Sanctions Motivate Russia to Create Own Crypto Market Infrastructure, Finance Ministry Says
2.4.2022
With sanctions cutting off Russia from global finances, Moscow’s motivation to establish a domestic market infrastructure for digital assets grows, a top official at the Russian finance ministry has noted. The comment comes as Russians are losing access to foreign crypto platforms. Russia...
Indian Government Consulting With IMF, World Bank on Crypto Policy
2.4.2022
India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional stakeholders within the country and outside. We are taking inputs from the...
Finance Redefined: Axie Infinity’s Ronin bridge faces worst hack, Binance launches Bridge 2.0 and more
1.4.2022
In this week's DeFi newsletter, we discuss Axie Inifnity's Ronin bridge hack, Binance's new Bridge 2.0 launch, the rise in DeFi TVL and more