Aave DAO and Trident launch $100M onchain fixed-yield loan

The recent FATF updated guidance made it easy for regulators to pass on issuing new rules for NFTs. 60 Total views 3 Total shares The Financial Services Commission (FSC) in South Korea reaffirmed in a public statement today that nonfungible tokens (NFT) are not virtual assets, and will not be regulated.The confirmation of the decision…

Bitcoin (BTC) starts a new week in a precarious place — below $45,000 and below some key moving averages. What's next?Almost a week after a cascade of leveraged position unwinding forced the market to $42,800, Bitcoin has erased most of its subsequent recovery.The weekend produced little by way of a paradigm shift, and now, downside…

Ronin Network’s native token RON recorded 5x gains since the start of the year thanks to its plans to shift to a Delegated Proof-of-Stake (DPoS) consensus mechanism and expand its gaming portfolio beyond Axie Infinity.The gaming-focused layer-2 Ethereum blockchain will change its current Proof-of-Authority to the DPoS consensus mechanism on April 12.The previous mechanism had…

Chinese Anhui province gov launches its first blockchain platform. 1305 Total views 43 Total shares The government of Anhui, a province in eastern China and a part of “Yangtze River Delta Economy Region”, has officially launched its first blockchain platform for providing government services. The launch occurred on April 30, according to local news reports.Starts…

Telecoms giant NTT Corporation’s Thai subsidiary plans to launch a major innovation lab focused on blockchain, artificial intelligence and internet of things technology. Thai English-language newspaper the Bangkok Post reported on the development on April 23.NTT Communications (NTT Com) Thailand is the local operating unit of NTT Com Group, a subsidiary of Nippon Telegraph and…

The Twitter exchange between WazirX co-founder Nischal Shetty and Binance CEO Changpeng “CZ” Zhao over the ownership of the Indian crypto exchange grabbed a lot of headlines in the first week of August. WazirX was reportedly acquired by Binance in 2019, and ever since then, the Indian crypto exchange has been referred to as “Binance-owned”; however,…

A gang of four robbers has reportedly stolen about $450,000 from a crypto trader in Hong Kong. 1920 Total views 7 Total shares Robbers posing as cryptocurrency buyers have stolen about 3.5 million Hong Kong dollars ($450,000) from a woman in Hong Kong.According to a report by the South China Morning Post on Tuesday, the…

United States-based asset management firm Fidelity Investments released the results of a survey showing that 22% of institutional investors already own digital assets, in a press release published on May 2.The release claims that the firm surveyed 411 U.S. institutional investors among which 40% of respondents said that they are open to future investments in…

The Millennial influencer, who was offered $10M by a billionaire to start a crypto fund, says Bitcoin will rip if Trump looks like winning.