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$4.5 Trillion Asset Manager Fidelity to Add Ethereum Trading For Institutional Clients
20.10.2022
In a bid to increase its institutional clients’ exposure to crypto, Canadian asset manager Fidelity has decided to enable Ethereum (ETH) trading starting October 28, according to a memo sent out by the company. ...
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Finance Can Never be Fully Decentralized, Says UK Central Banker
20.10.2022
The Bank of England’s Carolyn Wilkins cited issues of transparency, concentration and unpredictable events
Defi Platform Moola Exploited for $8.4 Million in Incident Described as ‘Incredibly Simple Attack’
19.10.2022
Moola, a decentralized finance (defi) lending and borrowing platform, was recently exploited for $8.4 million in what has been described as an “incredibly simple attack.” Moola responded to the attack by pausing all activity on the platform. The defi platform also told the attacker(s)...
French Lawmakers Approve New Boss for Finance Watchdog
19.10.2022
Former bank lobbyist Marie-Anne Barbat-Layani’s hearings contained a warning for the likes of Binance and Crypto.com setting up in the budding crypto hub
While ETHW Has Lost 35% in 2 Weeks, PoW Network’s Defi TVL Swelled by More Than 1,200%
18.10.2022
Since the cryptocurrency launched ethereumpow (ETHW) has seen spot market prices decline by close to 12% during the last seven days. Despite the fact that during the last two weeks ETHW has shed 35% in USD value, the network’s token economy and decentralized finance (defi) ecosystem...
What's in a Name? Apricot Finance's Token Surges on Similarity to Aptos Token's Ticker
18.10.2022
Trading volumes of the tokens jumped from under $70,000 on Monday to over $2.2 million
India to Discuss Crypto During G20 Presidency to Establish Tech-Driven Regulatory Framework, Says Finance Minister
18.10.2022
India plans to discuss crypto regulations during its G20 presidency with member countries. Finance Minister Nirmala Sitharaman has revealed that the Indian government hopes to arrive at a framework or standard operating procedure (SOP) so that countries globally “can have a technology-driven...
Mastercard to Help Banks Offer Crypto Trading — Executive Says Crypto Is on the ‘Cusp of Really Going Mainstream’
18.10.2022
Payments giant Mastercard has introduced a new program called Crypto Source to enable financial institutions to offer crypto trading and other related services to their customers. Mastercard has partnered with Paxos Trust Company to support this program. A Mastercard executive says that crypto...
Timeless Finance’s Bunni protocol makes Uniswap v3 liquidity composable
17.10.2022
The tokens have encouraged integrating Uniswap liquidity into different apps. Using former staking contracts, it aims to replace bespoke contracts to incentivize Uniswap v3 liquidity. The new venture also made borrowing collateral easy by using Uniswap liquidity. This protocol has made the...
While Its Lost 94% in Value Since the Collapse, Terra’s Fractured Ecosystem Is Still Worth $2.5 Billion
16.10.2022
It’s been five months since the Terra ecosystem collapsed as tens of billions of dollars in value disappeared from the crypto economy in a matter of days after May 7. Terra’s new Phoenix blockchain managed to restart the ecosystem to some degree and since the end of June...
India aims to develop crypto SOPs during G20 presidency, says finance minister
16.10.2022
Sitharaman has previously called for global collaboration to decide on crypto's future and has been cautious against mainstream crypto adoption citing risks to financial stability
Chinese Researchers Propose Asian Digital Currency to Reduce Reliance on US Dollar
15.10.2022
Experts from an economic institute in China have circulated the idea of creating a blockchain-powered digital currency that could lower Asia’s reliance on the greenback. The initiative comes against the backdrop of an expanding digital yuan pilot, and after recent trials of cross-border payments...
Crypto Hackers Gross Over $3 Billion From 125 Hacks so Far This Year
15.10.2022
Data from blockchain analytics firm Chainalysis shows that October is “the biggest month in the biggest year ever for hacking activity.” The firm added that crypto hackers have grossed over $3 billion across 125 hacks so far this year. Crypto-Hacking Activity Soars in October...
Barely halfway and October already the biggest month in crypto hacks: Finance Redefined
14.10.2022
Blockchain analytics firm Chainalysis has labeled October 2022 as “the biggest month in the biggest year ever for hacking activity."
Finder’s Experts Expect XRP to Spike to $3.81 by 2025 if Ripple Wins SEC Lawsuit
14.10.2022
Following the recent ethereum price predictions report, 55 crypto and fintech experts chosen by the product comparison web portal, finder.com, shared their forecasts associated with the crypto asset xrp, often referred to as ripple. Finder’s experts believe xrp could spike to $3.81 per unit...
UK Finance Minister Kwarteng Fired
14.10.2022
Kwarteng's departure leaves the future of the country's stablecoin laws uncertain
Chinese Digital Currency Transactions Exceed 100 Billion Yuan, Central Bank Says
14.10.2022
Spending with China’s state-issued digital currency has surpassed 100 billion yuan, close to $14 billion, by the end of August, the country’s monetary authority revealed. More than 5 million merchants now accept the digital yuan in 15 Chinese regions as Beijing continues to expand the pilot areas....
SupraOracles forms a partnership with UniLend Finance
12.10.2022
SupraOracles takes immense pride and pleasure in successfully making their official declaration of them and gainfully forming a partnership with UniLend Finance. This entity happens to be a multichain protocol. Its unique feature stems from the very fact that one and all viable and interested users...
Solana-Based Decentralized Finance Platform Mango Hit by Potential $100 Million Exploit
12.10.2022
The apparent exploit of Mango Markets stemmed from the ability of an attacker to manipulate the value of their posted collateral
‘Comprehensive’ International Crypto Rules Proposed by Influential Finance Watchdog
11.10.2022
Financial Stability Board plans could see stablecoins forced to centralize and crypto conglomerates broken up