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Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid
27.6.2022
According to reports, the Russian Federation has defaulted on its foreign debt for the first time since 1918. Bondholders told the press that they had not received payments from the transcontinental country. However, Russia’s finance ministry denies the allegations and says the country made...
How Pionex’s Trading Bots Can Help Manage Risk
27.6.2022
Last month was a crypto rollercoaster. Bill Gates said crypto is based on greater fool theory. The market has lost more than $1 trillion dollars since November, and there are still signs of further damage, including Celsius’ pause on withdrawals. The wild west of finance is clearly...
RIP Bernie Stolar, Who Helped Launch Both The PlayStation And Dreamcast
27.6.2022
Bernie Stolar, one of the most important video game executives of the 1990s, has passed away at the age of 75, GamesBeat reports.Read more
Harmony’s $100M Hack Was Due to a Compromised Multi-Sig Scheme, Says Analyst
26.6.2022
On June 23, 2022, the Harmony development team announced that $100 million was siphoned from the Horizon bridge, and the organization explained it was working with national authorities and forensic specialists. According to an account published Polygon’s chief information security officer...
Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months
26.6.2022
The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months. Crypto Rial to Be Different From...
Bank of Russia Accelerates Schedule for Digital Ruble Project
26.6.2022
The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than...
Value Locked in Defi Jumped 7% in 5 Days — Harmony’s Horizon Bridge Siphoned for $100M
25.6.2022
While crypto prices have seen some healing during the last few days, the total value locked (TVL) across the entire decentralized finance (defi) ecosystem has also improved. The TVL in defi has seen an increase of 7.19% since June 20, and the defi protocol Makerdao’s TVL dominates by 10.37%...
Saddle․Finance Creates New Standards for DeFi Trading
25.6.2022
DeFi is a sub-sector in the crypto industry that has witnessed significant innovation since its inception. However, the narrative has struggled to stay consistent, affecting the domain overall. The current bear market has wiped out more than half of DeFi Total Value Locked (TVL), hampering...
Finance Redefined: Uniswap goes against the bearish trends, overtakes Ethereum
24.6.2022
The top 100 DeFi tokens showed signs of recovery after last week’s mayhem, and many of the these tokens registered double-digit gains
Here’s how pro traders could use Bitcoin options to buy the $20K BTC dip
24.6.2022
Predicting a market bottom is pretty much impossible, but clever traders use options strategies like the Iron Condor setup to target a particular trading price range
Convex Finance Sets Up New URLs After Website Address Is Hijacked
24.6.2022
At least five addresses were affected in the front-end exploit last night. No funds on verified contracts were exploited
ECB Chief Lagarde: Crypto and Defi Could Pose ‘Real Risks’ to Financial Stability
24.6.2022
The president of the European Central Bank (ECB), Christine Lagarde, says crypto assets and decentralized finance (defi) have the potential to pose “real risks” to financial stability. She has some regulatory suggestions to supplement Europe’s Markets in Crypto Assets...
Ubisoft CEO Takes $300,000 Pay Cut After Company’s Poor Performance
24.6.2022
The latest Ubisoft earnings reports shared that longtime chief executive Yves Guillemot will voluntarily take a sizable pay cut totaling €310,607 (around $327,000 USD).Read more
Nonfungible airdrops: Could NFA become the next big acronym in the crypto space?
23.6.2022
Airdrops are a great marketing tool, but they can have downsides for crypto projects and investors alike. Is there a way around this?
YOP Finance Uses Chainlink Price Feeds for Price Displays
23.6.2022
YOP Finance recently announced integrating Chainlink Price Feeds to access precise, decentralized on-chain data. The integration will help the yield aggregator propose better price display conversions and secure vault strategies. YOP Finance’s current objective is to simplify DeFi yield for...
Russian Ministry of Finance Says There’s No Place for Crypto in Oil Trading
23.6.2022
The Russian finance ministry has cast doubt on talk of the nation selling oil for crypto – but claims that blockchain-powered tokens could play an “alternative” role in the business dealings of smaller-scale exporters....
Read More: Russian Ministry of Finance Says There’s No Place for Crypto...
This is what's standing in the way of DeFi's 'NFTification'
22.6.2022
NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides. Bringing them together could be a force for good
Voyager Digital Secures Credit Line from Alameda, May Send Three Arrows a Notice of Default
22.6.2022
Voyager Digital Holdings, an owner of a crypto platform, announced today that they entered into a multi-million credit line agreement with Alameda Ventures, but also that they may issue a notice of default to major crypto hedge fund Three Arrows Capital (3AC) for failure to repay...
Crypto.com scores approval from Singapore finance regulators
22.6.2022
The cryptocurrency exchange will get a Major Payment Institution License from the country’s top financial regulator
Crypto Industry Is Still 'Embryonic,' WEF Finance Lead Says
21.6.2022
CoinDesk has written before about the sheer presence crypto had during the World Economic Forum’s annual meeting this past May. This past week, I sat down with Matthew Blake, WEF’s head of the Future of Financial and Monetary Systems, to discuss the role the crypto industry might play in future...