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Blockchain.com Launches Crypto Visa Card With 1% Cashback Crypto Rewards
27.10.2022
Crypto firm Blockchain.com has announced the launch of a new crypto-centric pre-paid Visa card and so far, 50,000 users have registered for the waitlist signup. In addition to launching its crypto Visa card powered by the card issuing platform Marqeta, Blockchain.com Visa users will earn 1% back...
South African crypto landscape primed for TradFi growth after FSCA ruling
25.10.2022
Industry insiders believe South Africa's move to classify cryptocurrencies as financial products could drive the adoption and legitimacy of the sector
Polygon-Based Decentralized Exchange Quickswap Loses $220K in Flash Loan Exploit
24.10.2022
On Monday, the Polygon-based decentralized exchange (dex) Quickswap lost $220K in a flash loan exploit and following the attack, the team detailed the Quickswap Lend platform will be terminated. Quickswap Hacked for $220K, Dex Project Sunsets Lending Platform 2022 has been quite the year...
Struggling Bitcoin Miners Are Flocking to Maple Finance’s $300M Lending Pool
24.10.2022
Bitcoin’s Rising Correlation With Gold Indicates Investors See It as a Safe-Haven, Says Bank of America Market Strategists
24.10.2022
Amid the economic uncertainty affecting a myriad of countries worldwide, Bank of America Securities market strategists explained in a note this week that the leading crypto asset bitcoin has been correlated with the well known precious metal gold. Bank of America analysts Alkesh Shah and Andrew...
SUPER SAPIENSS First Japanese Entertainment DAO Project ‘Movie X Character X Web3’ Expands Globally! White List Applications Now Open
24.10.2022
PRESS RELEASE. It is with much pleasure that Finance Inc announces the launch of its SUPER SAPIENSS NFT website, run by the entertainment DAO project, which is active on FiNANCiE. About SUPER SAPIENSS This project is being spearheaded by the noted and prominent Japanese movie directors Yukihiko...
Hong Kong Presents Digital Currency Prototype, Project Aurum
24.10.2022
Financial authorities in Hong Kong have unveiled a prototype of the Chinese autonomous territory’s own central bank digital currency called Project Aurum. The two-tier platform features a wholesale interbank and a retail e-wallet system, participants revealed. Hong Kong to Issue Retail Tokens...
Analysts Say an Onslaught of Fed Rate Hikes Could Spur a ‘Bond Market Flash Crash’ or ‘Blow up the Treasury’
23.10.2022
The U.S. economy has been struggling with inflation running rampant and investors are eagerly waiting for the U.S. Federal Reserve to announce the next federal funds rate hike next month. Harris Kupperman, the founder of the hedge fund Praetorian Capital, believes the onslaught of Fed rate hikes...
State of Decentralized Finance Remains Lackluster, Value Locked in Defi Slid 67% in 6 Months
22.10.2022
During the last 125 days or roughly four months, the total value locked (TVL) in decentralized finance (defi) has been range bound within the $50 billion to $65 billion region. The TVL in defi has shed significant value during the past six months as it dropped from $161 billion on April 1, down...
3 reasons why DeFi investors should always look before leaping
21.10.2022
DeFi investing is riddled with potholes. Here are a few tips on how to avoid them
Unsung hero saves DeFi protocol from potential exploit: Finance Redefined
21.10.2022
Analytical data reveals that DeFi’s total value registered another dip, with the total value locked (TVL) falling below $50 billion at the time of writing
$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. ...
Read More: $4.5 Trillion Asset Manager Fidelity to Add Ethereum Trading...
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...