Search
Israel Prohibits Cash Deals for Amounts Starting as Low as $1,700
30.7.2022
New legislation introducing tighter restrictions on payments with large sums of cash will enter into force in Israel on Monday. The goal, as stated by the country’s tax authority, is to improve the fight against organized crime, money laundering, and tax evasion. Critics doubt the law will...
ECB Economists Suggest Limiting Access to Digital Euro to Protect Banks
30.7.2022
A group of economists evaluating the potential effects of a digital euro have insisted that restricting access to the upcoming currency is necessary to preserve the current financial system. Their study follows an earlier proposal to limit digital euro deposits at the European Central Bank (ECB)...
El Salvador's Finance Minister Says Bitcoin Adoption is 'Gaining Ground': Report
29.7.2022
El Salvador's adoption of bitcoin as legal tender is working despite the losses of over 50% the government has incurred on its purchases, according to the country's finance minister
Babel Finance Lost $280M Trading Customer Funds: Report
29.7.2022
Babel Finance, the Hong Kong crypto lender that suspended withdrawals in June, reportedly lost $280 million in proprietary trades with customer funds
Solana-based stablecoin NIRV drops 85% following $3.5M exploit
29.7.2022
The $3.5 million flash loan attack Solana-based Nirvana Finance saw the price of its stablecoin NIRV and native token ANA fall around 85% apiece
Step Finance Acquires SolanaFloor to Provide DeFi, NFT Data Insights
28.7.2022
Once a customer of SolanaFloor's, Step Finance is expanding from a focus on DeFi to also include NFTs
‘Cryptojacking’ rises 30% to record highs despite crypto slump: Report
27.7.2022
Cryptojacking has become a lucrative choice for cybercriminals as many victims are unaware they have been compromised
This little-known DeFi crypto token has rallied over 800% in a month
26.7.2022
While an ongoing technical divergence between BOND's price and volumes suggests upside exhaustion
Investors shifting toward lower-risk crypto yields: Block Earner GM
26.7.2022
The Australian fintech company has seen a surge in investors wanting a “less risky version” of double-digit crypto returns
Stablecoin projects need collaboration, not competition: Frax founder
25.7.2022
As long as stablecoin “liquidity is growing proportionally with each other," there won’t ever be true competition between stablecoins, says Frax Finance's Sam Kazemian
Finland Sells 1,889 Seized Bitcoins for $47 Million — Proceeds Going to Ukraine
24.7.2022
Finland has sold 1,889 bitcoins seized in narcotic cases for 46.5 million euros ($47.4 million). The country’s finance minister previously said that the bitcoin sale proceeds will go to Ukraine for humanitarian aid and reconstruction as its war with Russia continues. Finland Sells Bitcoin...
Q2 2022 Cryptocurrency Report Highlights Terra’s Collapse and Capital Exiting the Crypto Ecosystem
23.7.2022
On July 13, the dedicated crypto price tracking, volume, and market capitalization web portal Coingecko published the company’s “Q2 2022 Cryptocurrency Report” which discusses the last quarter’s crypto market action and insights. The 46-page report explains how the Terra...
Bank Indonesia Prepares to Issue Digital Rupiah as Legal Tender for Digital Payments
23.7.2022
The central bank of Indonesia is working to issue a wholesale digital rupiah. The new currency is meant to be the only legal tender for digital transactions in the country while the regulator also wants to ensure that it will be exchangeable across borders. Digital Rupiah Concept Expected by Year...
Finance Redefined: DeFi’s downturn deepens, but protocols with revenue could thrive
22.7.2022
The majority of the top 100 DeFi tokens traded in green, with many registering double-digit gains over the past week
Why DeFi Might Be Safer Than Traditional Finance
22.7.2022
Transparency, overcollateralization and automation in DeFi could reduce financial risks
Defi TVL and Smart Contract Platform Tokens Swell in Value With ETH, ETC Leading the Pack
22.7.2022
The top smart contract platform tokens by market capitalization and the total value locked (TVL) in decentralized finance (defi) have swelled significantly in value during the last few days. Since the value locked in defi reached a 2022 low of $70 billion on June 19, the defi ecosystem’s...
Stablecoin Market Cap Slides, BUSD and DAI Valuations Jump, Fiat Tokens Represent 70% of All Crypto Trades
21.7.2022
During the last month, the stablecoin economy’s market valuation dropped from $155.23 billion to $153.34 billion on July 20, sliding roughly 1.21%. The top two stablecoins by valuation, tether and usd coin, have seen their market caps slide over the last 30 days, while BUSD and DAI have seen...
Gamers plug into DeFi through the new Razer rewards partnership
21.7.2022
Razer’s rewards program is partnering with Cake DeFi to allow gamers and customers to redeem points for DeFi tokens
Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch
20.7.2022
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s...
Lido co-founder discusses the future of Ethereum at EthCC
20.7.2022
For Vasily Shapovalov, the magnitude of the proof-of-stake transition could cause unforeseeable problems