Antonio Juliano steps down as CEO of dYdX
The decentralized exchange is now led by Ivo Crnkovic-Rubsamen, a former trader and dYdX chief strategy officer.
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1inch Network adds a P2P feature to facilitate secure crypto swaps
Users can now make a swap of any token on 1inch supported chains without intermediaries. 351 Total views 39 Total shares The decentralized exchange aggregator 1inch Network introduced peer-to-peer, or P2P, order functionality within the 1inch decentralized application, or DApp. This feature allows users to specify the person or wallet that will fill the other side of…
2020’s 5 countries friendliest to crypto and blockchain
As the use of cryptocurrencies continues to spread around the world, a number of countries have established themselves as leaders in adoption.COVID-19 has dominated 2020, and the effects of the ongoing pandemic have stifled many economies. However, the cryptocurrency space has enjoyed a year of resurgence that has seen decentralized finance become a major trend,…
Standard Chartered Signs MoU With Chinese Blockchain Finance Platform Linklogis
London-headquartered multinational banking and financial services firm Standard Chartered has signed a memorandum of understanding (MoU) with Tencent-backed Chinese fintech firm Linklogis. The agreement, reported by financial technology news site Finextra on Feb. 12, will allow Standard Chartered to use Linklogis’ blockchain-powered supply chain financing platform.Linklogis, based in Shenzhen, China, is a business to business…
Nigerian Banking Regulator Warns Bitcoin’s Disintermediation Is a ‘Critical Concern’
The director and chief executive of the Nigeria Deposit Insurance Corporation (NDIC) has expressed concerns about cryptocurrencies and disintermediation, English-language Nigerian news outlet The Sun reported Dec. 12.Disintermediation is when consumers begin investing directly in markets, rather than through intermediates like banks.The NDIC was established in 1988 to ensure safety in the just-liberalized banking sector.…
Volvo Adopts Oracle’s Blockchain for Its Supply Chain — Here’s Why
Volvo Cars announced last week that it is using Oracle’s blockchain platform to trace cobalt, one of the main components in electric car batteries. Following the unveiling of the company’s first fully electric car, the XC40 Recharge, Volvo has come up with a new business strategy that includes introducing an electric vehicle every year through…
US CFTC Chair Says Agency Has Resisted Calls to Suppress Development of Crypto Sector
United States Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo has emphasized the agency’s commitment is to monitor, but not impede, the development of the crypto asset sector.Giancarlo made his remarks during a speech devoted to EU-U.S. regulatory cooperation for derivatives markets, delivered at the Eurofi Financial Forum in Bucharest, Romania on April 4.The…
Is Illuvium the first fun crypto RPG video game?
Blockchain games have been quite popular among crypto enthusiasts for a long time because they use cryptocurrency as an in-game tool.In these kinds of games, blockchain technology is used to secure the absolute ownership of game items, represented by tokens.For example, by purchasing an in-game nonfungible token (NFT), a player can be sure that he…
Hundreds of thousands watch as AOC takes on Robinhood on Twitch
AOC and guests explored the conditions that led to the GameStop short squeeze and the ramifications of the institutional response to it. 1049 Total views 6 Total shares Hundreds of thousands tuned in to a Twitch stream today as U.S. congresswoman Alexandra Ocasio-Cortez discussed Robinhood’s controversial decision to suspend trading in GameStop after the short…