Binance to remove prime brokerage loophole
The change came after some Binance Link clients reportedly took advantage of the program’s multi-tiered fee structure through arbitrage.
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How crypto can modernize the world of lending
Lending has been around in some form for thousands of years — dating back to ancient civilizations where farmers would borrow seeds and use crops as repayment.The arrival of fiat currencies transformed the way economies were run back then. Indeed, you could argue that we’re seeing such a seismic shift now as cryptocurrencies become a…

Yield farming fuels 623% growth in DAI supply to nearly $1B
Demand for Ethereum-based stablecoins exploded during the third-quarter DeFi bubble, with DAI’s supply growing by more than 600% and USDC expanding 200%. 962 Total views 4 Total shares Decentralized finance’s (DeFi) explosive third-quarter brought significant growth to Ethereum (ETH)-compatible stablecoins.According to crypto market data aggregator Messari, the supply of MakerDAO’s DAI stablecoin grew by 623%…

Truly decentralized Web3 needs more developers: Animoca co-founder
Animoca Brands' Yat Siu said developers continue to “struggle under the yoke of centralized platforms," urging them to move into the Web3 space. 215 Total views 4 Total shares Animoca Brands co-founder and chairman Yat Siu has urged for more developers to enter the Web3 space, warning that without “choice” there can be no “decentralized…

Taiwan officials launch inquiry into crypto betting on election results: Report
Several Taiwanese residents were reportedly using the decentralized betting platform Polymarket, the same platform that saw record-breaking trading volumes during the 2020 United States election. 149 Total views 2 Total shares With the Taiwan presidential election looming within a month, residents of Taiwan have been reportedly warned against using cryptocurrency betting platforms to wager on

US lagging on CBDCs could spell ‘trouble’ — Crypto Council policy head
Fanusie doesn’t believe the Chinese-led CBDC movement on the global stage will replace the U.S. dollar, but it may cause a series of geopolitical headaches. 23 Total views 1 Total shares Own this piece of history Collect this article as an NFTA cryptocurrency researcher and former CIA analyst believes the United States government’s relatively slow…

JPMorgan forecasts limited downside for crypto markets: Report
JPMorgan's analysts consider Bitcoin's declining open interest to be a sign that the current price trend may be weakening. 292 Total views 2 Total shares The cryptocurrency market's recent downtrend appears to be coming to an end, as JPMorgan's latest research suggests that most long-position liquidations have been completed.According to a Bloomberg report, analysts for…

Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil
The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain.Following a successful test, the blockchain-based system is available in a pilot roll out to local oil palm growers, palm oil processors, plantations and family owned smallholders, according to…

BTC Markets hires former ASX and Tyro executives to advisory board
David Raper and Garry Duursma will be joining the advisory board at Australia’s largest crypto exchange, BTC Markets. 193 Total views 12 Total shares Australia’s largest digital assets exchange, BTC Markets, has announced it will be adding two new senior additions to its Advisory Board, David Raper and Garry Duursma. BTC Markets has 325 thousand…