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California Finance Regulator Revokes BlockFi's Lending License
11.11.2022
California's Department of Financial Protection and Innovation announced Friday it was moving to revoke BlockFi's lending license
Solana TVL drops by almost one-third as FTX turmoil rocks ecosystem: Finance Redefined
11.11.2022
The DeFi market faced the heat of the FTX turmoil as well with majority of tokens and projects registering a blood bath over the past week
Tamadoge, IMPT, Dash 2 Trade, and Toon Finance should all be on your ICO watchlist – Here is why
11.11.2022
The cryptocurrency market has experienced the most terrific year since its creation. The investors have lost millions of dollars. This market crash has badly affected the most promising cryptocurrencies, like Bitcoin and Ethereum. And the situation has not yet completely recovered. So, people...
FTX Showed the Problems of Centralized Finance, and Proved the Need for DeFi
11.11.2022
Mutant Ape Yacht Club NFT holders moving to Toon Finance
11.11.2022
Cartoon NFT sets have become famous and gained popularity as many people want to invest in these unique characters. The Mutant Ape Yacht Club NFT and Toon Finance Protocol are two examples of this. As an investor, you might have heard of the two. However, Toon Finance is the latest addition,...
Shaky USDT Price Stirs Speculation Tied to Alameda Reserves, Tether Freezes 46 Million Tokens
10.11.2022
Amid the market fluctuations on Thursday, data shows the stablecoin tether temporarily tapped a low of $0.961 per unit. Tether’s market fluctuations have affected the decentralized finance (defi) protocol Curve’s 3pool, as the stablecoin pool has become unbalanced Thursday morning....
Big Eyes Coin and Tamadoge investors all flock to Toon Finance Coin drops new DEX
10.11.2022
Toon Finance Hits Home run Toon Finance is the latest crypto and NFT token initiative that has everyone talking. Their ICO project crushed Big Eyes in the first week of the presale. Now Big Eyes struggles as Toon Finance starts its second round of presale, becoming the top searched currency in...
Evercity on Hedera connects to regenerative finance
10.11.2022
Evercity, a platform for green finance and carbon origination, is headquartered in Berlin, Germany. It was also involved in the construction and maintenance of an open-source protocol that could be maintained for financial problems. Presently, it has successfully positioned itself on the Hedera...
EU Lawmakers Vote Stronger Cyber Protection for Crypto, Other Finance
10.11.2022
The crypto world is highly prone to hacks and attacks, but the jury is out on the impact the new measures will have
Egyptian Fintech Raises $31 Million in Series B Funding Round
10.11.2022
Moneyfellows, an Egyptian fintech startup specializing in digitizing money circles, recently announced the close of its Series B funding round that raised $31 million. The funds will be used to finance Moneyfellows’ expansion into other markets as well as accelerate the fintech’s...
Brussels to Put Out Digital Euro Law Shortly, ECB’s Lagarde Says
10.11.2022
The European Commission is going to present a legislative proposal for a digital euro in the near future, President of European Central Bank Christine Lagarde has indicated. EU legislators are expected to define the new currency’s legal tender status and determine its privacy features....
Maple Finance Lending Pool Delegate ‘Identified a Number of Key Weaknesses’ Tied to FTX’s Alameda Research
9.11.2022
According to a report from Orthogonal Credit, a delegate of Maple Finance’s lending pools, the firm decided “earlier this year” not to lend to Alameda Research, FTX’s quantitative trading firm. Orthogonal said through “due diligence” it “identified a number of key weaknesses” associated with...
Crypto Finance Firm Galaxy Digital Reveals $76.8M Exposure Linked to FTX
9.11.2022
The firms also reported net loss of $68.1 million for the third quarter
Middle East, Asia and Africa blockchain association launches in Abu Dhabi
9.11.2022
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com, and the largest crypto exchange in the region
Commodity Strategist Mike McGlone Says BTC, ETH Appear to Have ‘Completed the Bulk of Their Drawdown’
9.11.2022
Bloomberg Intelligence senior commodity analyst, Mike McGlone, recently wrote that “cryptos could regain [an] edge” when he discussed bitcoin and ethereum in a report published on Bloomberg’s terminal on Nov. 3, 2022. McGlone detailed that volatility in bitcoin and ethereum...
Crypto no more in top 10 most-cited potential risks: US central bank report
7.11.2022
The U.S.-China tensions, the Russia-Ukraine war, higher energy prices, rising inflation, the COVID-19 pandemic and cyberattacks came out as some of the most pressing financial risk concerns
Goldman Sachs Launches Data Service to Help Investors Analyze Crypto Markets
6.11.2022
Global investment bank Goldman Sachs has launched a new data service in collaboration with MSCI and Coin Metrics to help investors analyze crypto markets. The new system is “designed to provide a consistent, standardized way to help market participants view and analyze the digital assets...
Automation opens up pathway to a simplified, more user-friendly DeFi
5.11.2022
Hunting for the best opportunities in the world of DeFi is often time consuming. But automation is changing that
JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined
4.11.2022
MakerDAO co-founder's death opened a new pandora box of conspiracy theories, based on some of his recent tweets
JPMorgan, DBS Bank, SBI Complete Live Defi Trades on Public Blockchain
4.11.2022
JPMorgan, DBS Bank, and SBI Digital Asset Holdings have completed their first lives trades on a public blockchain using decentralized finance (defi), tokenized deposits, and verifiable credentials under the supervision of the Monetary Authority of Singapore (MAS). Singapore’s central bank...