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Stablecoins and Crosschain Loans: 2 Projects Attempt to Bring Defi Solutions to Bitcoin
22.4.2020
While decentralized finance (defi) solutions have grown popular on the Ethereum blockchain, developers have recently created similar systems by leveraging BTC’s network. A project called Atomic Loans claims to offer a noncustodial bitcoin-backed stablecoin solution, while Money on chain a...
After Pundits Predicted Bitcoin’s Death for 11 Years, Barrels of Crude Oil Trade Below Zero
21.4.2020
Global markets had a historical day on Monday, as the price of oil dropped below zero and closed the day at -$36 per barrel of crude. The oil crash below zero has never happened in anyone’s lifetime and economists worldwide are uncertain about the future of the world’s financial system...
Japan STO Association Releases New Regulatory Guidelines
21.4.2020
At the center of the new guidelines issued by Japan’s STO Association is electronic record transfer rights and separating customer assets
Oxford Law Says World Needs Crypto Regulation to Prevent Financial Meltdown
20.4.2020
Oxford law researchers say crypto regulation is needed for preventing traditional financial markets from systemic risk
Trustology CEO Says DeFi Will Become 'Predominant Mechanism' for Finance
20.4.2020
The founder of crypto custody provider Trustology believes that DeFi will become “the predominant mechanism by which we do finance”
DYdX’s Generates $1B in DeFi Loans Over One Year
20.4.2020
DeFi lending protocol dYdX has processed more than $1.1 billion in loans in its first year of operation
XRP Army Shrinks as Liquidations Passed $263M in 2019
20.4.2020
Analytics firm The Tie issued a quarterly report stating members of the XRP Army had declined 82% since January 2018
Investments in Grayscale Bitcoin Trust Hit Record High Amid Economic Crisis
17.4.2020
Grayscale Investments has announced the strongest quarter in its history. Investments into the company’s cryptocurrency products, including the flagship Grayscale Bitcoin Trust (GBTC), hit a record high in the first quarter. Of the total investment, 88% comes from institutional investors....
Bitcoin is Risky, but Uncorrelated With Stocks: Scott Melker
17.4.2020
“The Wolf Of All Streets” took to Twitter on April 16 to explain that while investing in BTC is risky, it is not correlated with stocks
Looming US Real Estate Crisis – Freddie Mac Warns of Housing Market Uncertainty, Homebuilder sentiment Drops 58%
16.4.2020
U.S. real estate agents and lenders are bracing for the biggest housing crash in over a decade. Since the coronavirus spread and the American government shut down the nation’s economy, Freddie Mac’s quarterly real estate report is grim and says the U.S. housing market faces considerable...
Alibaba Subsidiary Ant Financial Launches New Consortium Blockchain Platform for SMEs
16.4.2020
Ant Financial’s new consortium blockchain platform may push blockchain technology to the masses
$2,000 a Month: US Lawmakers Propose Basic Income for Americans to Cope With Covid-19 Economy
16.4.2020
Democrats from the House of Representatives have introduced legislation that would pay eligible Americans $2,000 a month until U.S. unemployment numbers return to pre-covid-19 levels. Under the proposal, any American citizen 16-years or older making less than $130K per year would receive monthly...
Crypto Finance AG Raises $14.5M from Big Name Swiss and Asia Pacific Investors
16.4.2020
The Series B was led by prominent Swiss investor Rainer-Marc Frey and major Beijing-based private equity fund Lingfeng Capital
Swiss Crypto Firm Closes $14.5M Series B to Help Secure Brokerage License
16.4.2020
Crypto Finance AG's $14.5 million funding round will go toward international expansion and courting institutional investors
Blockchain Acceptance Could Revolutionize Finance in Abu Dhabi
15.4.2020
While a local bank is using blockchain to execute cross-border transactions, Abu Dhabi Global Markets is preparing to launch this quarter
‘Black Thursday’ Liquidations Sparks $28M Lawsuit Against Maker Foundation
15.4.2020
The Maker Foundation is being sued in a class-action lawsuit for $28 million over the March 12 event that caused over $2 million in liquidations. The lawsuit alleges that the team behind the Makerdao project did not explain the extreme risk of loss to investors. Also read: ETH Price Strains Defi...
China’s Internet Finance Association Says Blockchain Is Maturing
15.4.2020
The National Internet Finance Association of China says blockchain is headed towards maturity
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
14.4.2020
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
How Zero Interest Rates in the US Will Impact Stablecoin Adoption
14.4.2020
Financial measures to fight the COVID-19 pandemic might force the adoption of stablecoins worldwide
Crypto Long & Short: DeFi and Traditional Finance Are Forming an Unlikely Friendship
13.4.2020
Many believe DeFi is the future of finance, unleashing efficiencies and creating a more transparent framework. Others find the idea terrifying