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Decentralized Finance Protocol Coin98 Unveils Native Stablecoin CUSD
21.9.2022
DeFi platforms race to craft their own stablecoins to attract users and boost growth, including Curve and Aave
Nasdaq Establishes Crypto Unit — Sees Increased Demand for Digital Assets Among Institutional Investors
20.9.2022
Nasdaq has announced the launch of “Nasdaq Digital Assets” citing increased demand for digital assets among institutional investors in recent years. Initially, the new crypto unit will offer custody solutions for bitcoin and ether to institutional investors. Nasdaq Establishes Crypto...
Maple Finance launches $300M lending pool for Bitcoin mining firms
20.9.2022
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021
DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool
20.9.2022
The DeFi platform is launching its first fully-collateralized industry-specific lending pool as bitcoin miners are struggling to raise capital
DeFi platform sees strong interest in halal-approved crypto products
20.9.2022
Navigating crypto is made more difficult for those with religious considerations and the founder of an Islamic law compliant DeFi platform has thousands of users seeking approved cryptocurrencies
GameStop Stonk Bros Are So Mad About The Netflix Doc Trailer, They’re Rallying To Unsub
20.9.2022
Back in January of 2021 GameStop’s stock price exploded as Reddit trolls went to war with old-school investors after the latter bet on the company failing. Reddit et al called their bluff, and well, it’s now the stuff of documentary films. Speaking of, Netflix just released a new trailer for...
US Treasury Wants Public to Comment on Crypto’s Role in Illicit Finance
19.9.2022
The U.S. Treasury Department listed a number of questions, asking the general public to weigh in on how it’s approaching cryptocurrencies and their possible role in illegal activities
Menthol Protocol Announces Partnership With LandX Finance
19.9.2022
Menthol Protocol is extremely pleased and takes great pride in announcing their partnership with LandX Finance, in the form of a real win-win situation partnership, to continue on the path of their combined vision and breathe life into it. This will enable them to push successfully ahead with their...
Study: Samsung Named Most Active Investor in Crypto and Blockchain Startups
19.9.2022
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated...
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
16.9.2022
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says...
Zircon Finance launches mainnet to mitigate impermanent loss on Moonriver
15.9.2022
Impermanent loss relates to a condition wherein investors end up losing assets they had previously dedicated to providing liquidity to a liquidity pool
Russian Prime Minister Orders Finance Ministry, Central Bank to Agree on Crypto by December
15.9.2022
The central bank and the finance ministry in Moscow have been asked by the head of the Russian government to agree on a vision for the development of the country’s digital asset market by Dec 1. Working with other regulators, they should also present a common position on the legislation...
Norway Releases Source Code for Digital Krone Sandbox, Utilizes Ethereum Technology
14.9.2022
A crypto company working with the central bank of Norway has published the source code for the sandbox created to trial the digital version of the Nordic nation’s fiat currency. The prototype digital krone is being built on the Ethereum network and the regulator wants to test various...
Crypto’s correlation with mainstream finance could bring more bleeding soon
13.9.2022
Since the start of the year, the crypto market’s performance has been considerably poorer than the S&P 500 and other popular indexes
Curve Finance Debuts on Kava
13.9.2022
Kava has experienced the quickest growth among protocol blockchains since the Ethereum co-chain was introduced. With the greatest APY pools ever beginning the week after next, DeFi powerhouse Curve debuts on Kava today. The first programmed rewards program in the globe, Kava Rise, which is expected...
Nifty News: Shitposters set for $DRAMA rewards, Zuck’s little league card tokenize and more…
13.9.2022
Mark Zuckerberg’s little league baseball card has been tokenized and will be put up for auction, and Lamborghini has introduced a new utility for its second round of NFTs
Financial Giant State Street Sees Unwaning Crypto Demand From Institutional Investors
13.9.2022
Investment management firm State Street says that institutional clients are not deterred from investing in crypto assets despite price declines. “There is a belief that the asset class is here to stay,” a State Street executive said. State Street on Institutional Demand for Crypto...
Cream Finance Exploiter Converts $1.75M in Stolen Funds to Bitcoin
12.9.2022
The decentralized finance application has been exploited three times since going live in 2020
Zone Joins Hands With Folks Finance
12.9.2022
Based on the Algorand network, Folks Finance is a permissionless algorithmic financial market protocol that facilitates borrowing and lending services. The loan feature enables Folks and customers to deposit funds and start to earn an economic return. The borrowing function lets people make...
Central Bank of China Calls for Increasing Use of Digital Yuan
12.9.2022
The People’s Bank of China has urged for widening of the array of use-case scenarios for its central bank digital currency. The monetary authority believes that deeper interconnection with traditional e-payment platforms will make the digital yuan more convenient for consumers....