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The many layers of crypto staking in the DeFi ecosystem
20.4.2022
The term staking receives many meanings in crypto, each of them presents its own set of opportunities and challenges
Decentraland (MANA) Enters a Make-or-Break Level
20.4.2022
Decentraland MANA ranks at 34th position in terms of market capitalization with a net market value of $4 billion. The price trend remains negative, but the negative aspect is put forth by its declining transaction volumes at frequent intervals. Such repeated price trends could project MANA as...
Kyoko Lands Nine DAO Partnerships as It Gears Up for Blockchain Lending Product Launch
20.4.2022
The DAO-to-DAO credit provider and cross-chain GameFi NFT lending market Kyoko.finance (“Kyoko”) has announced strategic partnerships with nine new DAOs and play-to-earn (“P2E”) games, including DoubleDice, Doragon Land, Cowboy Snake, Salad Ventures, Virtue Alliance, BabyMoon Gaming House,...
Coinbase announces beta of NFT marketplace with social engagement
20.4.2022
More than 8.4 million email addresses were on the waitlist for Coinbase NFT, with the project saying it would be available to everyone over 18 years old “in the coming weeks.”
Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets
20.4.2022
Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such...
Binance Integrates Elrond and UTK to Become First ESDT on the Exchange
20.4.2022
The latest blog post from Elrond confirmed that the network had completed the integration with the largest cryptocurrency exchange in the world, Binance. This new move will allow the exchange to list ESDT tokens for trading. The Elrond Standard Digital Token (ESDT) is the standard used for...
ECORISE Launches RISE Governance Token on TrustSwap
20.4.2022
ECORISE is a revolutionary blockchain project that has directed the attention of decentralization towards ecological sustainability. The project has developed a land-based stablecoin known as the ECO token to incentivize the value of natural ecosystems of our world. The project changes to...
Financial Stability Board, IMF Warn of ‘Cryptoization’ Risks in Wake of Russia-Ukraine War
20.4.2022
The Basel-based Financial Stability Board (FSB) has echoed sentiments expressed by the International Monetary Fund (IMF), with both bodies warning that in the wake of the war in Ukraine, an “acceleration of cryptoization in emerging markets” could be on the cards....
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Brain drain: India’s crypto tax forces budding crypto projects to move
20.4.2022
Several Indian cryptocurrency projects are planning to move their bases to more crypto-friendly jurisdictions
Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players
20.4.2022
Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto industry, financial institutions should not use a Nigerian...
Three Crypto Tokens to Invest in Now: NEAR Protocol (NEAR), Terra (LUNA), and Seesaw Protocol (SSW)
20.4.2022
A good investor is always on the move, looking for where they can get themselves in a project that can make potentially good returns on capital investments. One of these projects that have been popular amongst investors is simply crypto. Cryptocurrency is a sea of a lot of things, and in that...
How Are DeFi Protocols Revolutionizing Passive Income Earning?
20.4.2022
It is no surprise that the decentralized finance (DeFi) ecosystem is as large as today. With over $75 billion locked in DeFi protocols, the ecosystem has shown explosive growth, and innovation is at an all-time high in the space. DeFi is building and creating solutions more than the mere swapping...
Republic of Ireland to Prohibit Political Cryptocurrency Donations
20.4.2022
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the backdrop of a clash between the West and Moscow over the...
US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases
20.4.2022
The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said the assistant director of the Secret Service’s Office...
US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade Sanctions
20.4.2022
A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications like humanitarian relief, but the administration has...
More Big-hitting South Korean Non-crypto Firms Eyeing Token Launches
20.4.2022
Yet more big-hitting South Korean companies from outside the crypto sector are beginning to branch out into crypto-related business – with the e-commerce giant TMon and the KOSDAQ-listed hotel chain Ananti making moves on the token issuance front....
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Gensokishi Online Project Announces Decision to List MV Token on KuCoin and Campaign
20.4.2022
PRESS RELEASE. GensoKishi are excited to announce that $MV ( MV(Polygon)/USDT trading pair) will list on KuCoin at 2022-04-20 18:00 (UTC), a leading cryptocurrency exchange in the world. GensoKishi are going to have various campaigns to celebrate the trading pair listing. Know more details. Please...
IMF global financial stability report sees complex roles for cryptocurrency, DeFi
19.4.2022
Decentralized finance offers a mix of risks and benefits as it forms interconnections with traditional finance, the International Monetary Fund finds in a new report
Quantum Simulations Predict that Merchant Crypto Adoption Could Spread in 'Cliques'
19.4.2022
Quantum computer simulations conducted by researchers at quantum computing startup Multiverse Computing and the Bank of Canada have shown that crypto adoption among merchants can spread in “cliques of firms”, as individual firms generally base decisions on what their partners do....
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Half of assessed jurisdictions don't have 'adequate laws and regulatory structures' — FATF
19.4.2022
The organization reported that only 9% of countries were “substantially effective” in areas including having banks and VASPs verify users’ information