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Russia Considers Legalizing Defi DAOs to Draw Liquidity to Its Digital Assets Market
15.9.2023
The Finance Ministry in Moscow is pushing to legalize decentralized financial organizations to attract capital to Russia’s regulated market for digital assets. The department hopes this would allow some of the liquidity in the decentralized finance (defi) and crypto space to be invested in Russian...
Decentralized stablecoins could dominate crypto: MakerDAO founder
15.9.2023
MakerDAO’s Rune Christensen says appropriate regulation will see stablecoins become mainstream, but the real opportunity is in decentralized stablecoins
BNB Chain Layer 2 Goes Live
15.9.2023
BNB Chain, the Binance-backed decentralized blockchain network, has announced the launch of Opbnb, its expansion layer built using the Optimism OP stack. The new network allows users to enjoy low-fee transactions in a high-throughput, high-speed transactional layer optimized for interactive...
Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court
15.9.2023
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...
World Blockchain Summit Dubai: Empowering Visions, Uniting Realties, and Redefining the Decentralized Frontier
14.9.2023
World Blockchain Summit, an event by Trescon, returns to Dubai on 1-2 November 2023 at the Address Dubai Marina, with strategic partners like Dubai AI & Web3 Campus by DIFC, the largest cluster of Artificial Intelligence and Web3 companies in MENA. World Blockchain Summit serves as the nucleus...
Violet’s Decentralized Exchange Mauve Goes Live for Trading Compliant and Real World Assets
14.9.2023
The DEX was developed in a direct response to the fallout from the collapse of crypto exchange FTX
Paypal Offers More Crypto Payment Options for Web3 Merchants in US
13.9.2023
Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...
Defining Oracles: Enablers of the Decentralized Finance World
13.9.2023
Oracles are entities that enable various functions in blockchain structures by providing access to legacy or offchain information systems, acting as data ports for decentralized finance applications. These oracles act as information providers for tasks that require either the posting of data...
What Is XRP? A Brief History of the Real-Time Gross Settlement System
13.9.2023
While Ripple has its critics, there exists a passionate ‘army’ of XRP advocates who firmly believe it represents the future of decentralized finance and cross-border settlement. In this Learning and Insights guide, our objective is to walk you through a brief history of Ripple and...
Decentralized exchanges a magnet for crypto wash traders: Solidus Labs
13.9.2023
Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims
Is It Too Late to Buy Render? RNDR Price Turns Green and Launchpad XYZ Uses AI Data to Find Out When to Buy the Dip
12.9.2023
Joining the broader cryptocurrency market uptrend today, Render Token (RNDR) has exhibited bullish price action for most of the day. The RNDR price touched its 50-day moving average for the first time in almost two months earlier today.
However, selling pressure has once again pushed...
Decentralized Exchange Sushi Ventures Beyond Ethereum by Expanding to Aptos
12.9.2023
The decentralized crypto exchange Sushi is expanding to the Aptos blockchain. The team noted that the move marks Sushi’s first expansion onto a non-EVM blockchain. From Ethereum to Aptos Sushi is a decentralized exchange (dex) and automated market maker (AMM) built on the Ethereum blockchain....
Coinbase Cloud and Kiln ‘Unlock’ Native Ethereum Staking: No More 32 ETH Minimum
12.9.2023
Coinbase Cloud and blockchain infrastructure company Kiln are now allowing ethereum (ETH) users to stake any amount of ether natively. The new offering removes the previous 32 ETH minimum staking requirement. Staking for All: Coinbase Cloud and Kiln Break Down Minimum Barriers With the integration...
Decentralized Exchange Sushi Expands to Aptos Blockchain
11.9.2023
Sushi, the decentralized exchange (DEX) that has $350 million in locked value, has expanded its services to a layer-1 blockchain Aptos
Friend.tech TVL tops $20M weeks after being declared ‘dead’
11.9.2023
User activity on friend.tech has witnessed a major resurgence after briefly fizzling last week
What Are Smart Contracts? Unpacking Today’s Digital Agreements
10.9.2023
In the digital currency realm, smart contracts have enhanced the financial industry through tokenization, decentralized finance (defi) and other agreements in the form of self-executing code. But how exactly do they work? What benefits do they offer? Here’s a concise overview of smart...
CFTC Cracks Down on 3 Defi Platforms for Offering Illegal Derivatives
9.9.2023
The U.S. Commodity Futures Trading Commission (CFTC) has issued orders against the operators of three decentralized finance (defi) protocols. The regulator accused them of committing various violations of commodity laws including illegal trading of digital asset derivatives. U.S. Commodities...
Decentralized Infura launch within months, Web2 cloud giants may join: Consensys
8.9.2023
Decentralized Infura will consist of Infura and a decentralized market of other third-party data providers
dYdX to launch decentralized order books exchange on Cosmos: KBW 2023
6.9.2023
dYdX Foundation CEO Charles d'Haussy said that the dYdX exchange is taking a "new step forward" by decentralizing the order book
AI to reinvent DAOs while tokenized models will become valuable: VC firm
6.9.2023
Framework Ventures co-founder Vance Spencer sees AI as being the missing piece for DAOs and shared his outlook for the tokenization of AI models