Search
Terra Collapse Continues to Plague Defi — Value Locked in Cross-Chain Bridges Down 20% This Month
19.5.2022
Following the aftermath of the Terra blockchain fiasco, decentralized finance (defi) continues to feel the impact of the project’s fallout. During the last four days the total value locked (TVL) in defi has dropped 2.61% in value, and cross-chain bridges have lost roughly 20.3% during...
Curve Finance Proposes to End CRV Token Emissions on All UST Pools
19.5.2022
On-chain participants are already voting “yes” to end CRV emissions from any liquidity pools involving UST
Billionaire Investor and Galaxy Digital CEO Mike Novogratz Addresses the Terra LUNA and UST Fallout
18.5.2022
On May 18, the billionaire investor and crypto proponent Mike Novogratz published a post about the recent Terra blockchain fallout. Novogratz and his firm Galaxy Digital were big believers in the Terra project, and the investor even got a LUNA-centric tattoo on his arm. Despite the recent events...
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
‘DeFi in Europe has no lobby,’ says co-founder of Unstoppable Finance
18.5.2022
Peter Grosskopf, co-founder of the DeFi project Unstoppable Finance, tells Cointelegraph auf Deutsch what he thinks about new regulations for DeFi
Saudi Arabia Now Owns 5% Of Nintendo
18.5.2022
Saudi Arabia’s Public Investment Fund, a near-bottomless pit of cash tasked with diversifying the nation’s economy (and whitewashing their human rights record), has acquired a 5.01% stake in Nintendo.Read more
German BaFin official calls for 'innovative' EU-wide DeFi regulation
18.5.2022
Highlighting Germany’s crypto license as an example of attractive regulation, Birgit Rodolphe writes that similar frameworks should be the same throughout the EU to “prevent a fragmented market.”
Study: Amid Mining Bans, China Still Commands World’s Second-Largest Share of Bitcoin Hashrate
17.5.2022
New data stemming from the latest Cambridge Centre for Alternative Finance (CCAF) report on bitcoin mining indicates that China still holds the second position in terms of global hashrate. While China commands close to 22% of Bitcoin’s global hashrate, the United States currently dominates...
Global financial regulators will discuss crypto at G7: Report
17.5.2022
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators
Dutch Finance Official Wants to Ban Retail Investors From Trading Crypto Derivatives
17.5.2022
Regulators think options and futures should only be for professional investors, but the Authority for Financial Markets doesn’t yet have powers for a UK-style ban
Portugal to Tax Cryptocurrency Income According to Minister of Finance
17.5.2022
Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains...
Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF
17.5.2022
Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments,...
BIFI gains 100%+ after Beefy Finance adds new vaults and stablecoin liquidity pools
16.5.2022
12 new vaults, quad-stablecoin liquidity pools and an integration with Oasis Network could be the factors behind BIFI’s current triple digit gain
Deus Finance’s dollar-pegged stablecoin DEI falls below 60 cents
16.5.2022
Following the fall of TerraUSD, DEI, the algorithmic stablecoin by DEUS Finance, takes a nosedive below 60 cents
Trust in Decentralized Finance Rattled After $100 Billion Left the Defi Economy
15.5.2022
The effect of Terra’s demise continues to shine a light on the fragility surrounding the decentralized finance (defi) ecosystem. Things have changed a great deal following Terra’s aftermath, as the total value locked (TVL) in defi has plummeted from $231 billion to today’s...
Germany Declares Crypto Gains Tax-Free After 1 Year — Even if Used for Staking, Lending
14.5.2022
The German Ministry of Finance has published a letter officially confirming that the sale of crypto assets is tax-free after one year even if the coins are used for staking and lending. How Crypto Gains Are Taxed in Germany The German Ministry of Finance announced Wednesday that it has published...
American Financial Infidelity Report: 2 out of 5 Survey Respondents Hid Their Crypto Purchases
14.5.2022
A recent survey study has found that two out of five Americans in committed relationships have admitted to hiding a cryptocurrency purchase from their partner. The crypto-cheating partners believe disclosing the purchase would damage their relationship. Reasons for Not Disclosing Purchases...
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel
14.5.2022
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in the public consultations support the continued development of the project, the regulator said. Bank...
Lido Deploys Additional Curve Pool to Improve Liquidity Around Bonded ETH Peg
13.5.2022
On Friday, the value locked in decentralized finance (defi) protocols dropped to a low of $110.35 billion after there was more than $200 billion total value locked (TVL) eight days ago on May 5. One specific defi protocol called Lido, a liquid staking platform and the second largest defi...
Unlocking Decentralized Trading for the Masses with Peter Kris, CEO of Mangata Finance
13.5.2022
Today, CryptoNewsZ is in conversation with Peter Kris, the visionary behind Mangata Finance, a project that employs novel concepts to protect traders in the Web3 space and paves the way for mass adoption. Hi Kris, it’s a pleasure to have you with us today. We are keen to know about you and your...