BIS study questions decentralization in DeFi liquidity provision

Switzerland-based online bank Dukascopy is developing its own Ethereum blockchain-based stablecoin, according to the white paper published on June 27Per the document, Dukascopy intends to issue ERC-20 stablecoins dubbed “Dukascash” pegged to the euro, Swiss franc, and U.S. dollar, and gradually increasing the list of Dukascash tokens’ base currencies depending upon customer demand. The bank…

The Solana-based automated market maker Orca opened up fiat purchases and fiat-to-crypto transactions through a new integration with Stripe’s onramp. Own this piece of crypto history Collect this article as NFTAs the Solana ecosystem comes back from the aftershocks of the FTX liquidity earthquake, one of its leading automated market makers (AMM), Orca, announced a…

According to the Chinese government, 1,391 individuals have been prosecuted on money laundering-related charges in the first half of 2024.

CoinShares reports that Spot-based Ether ETFs debut with a significant $2.2B inflow, offset by Grayscale’s $285M net outflows.

Roland Guirdonan came to believe that cryptocurrencies are genuinely the "future of money" despite an unpleasant experience at his first job in the industry. 82 Total views 2 Total shares Crypto startups have a significant role to play in the development of the entire blockchain industry. However, while many business owners have big ideas that…

Two of the founders of crypto options platform Opyn are stepping down from leadership roles to pursue other aims, but Opyn will continue under new leadership. 106 Total views 2 Total shares Zubin Koticha and Alexis Gauba, two founders of the Opyn decentralized finance (DeFi) protocol, are stepping down from the project and “leaving crypto,”

U.S. President Joe Biden expressed opposition to a debt ceiling deal that would allegedly benefit crypto traders. 333 Total views 1 Total shares United States President Joe Biden expressed opposition to a debt ceiling agreement with Republican leaders that would allegedly benefit crypto traders. Attending the Group of Seven (G7) Summit, Biden reportedly classified Republicans'…

One of the hottest topics in cryptocurrency right now is the potential ability for distributed ledger technology to transform the borrow and lending activities in traditional banking. This helps banks solve two major issues: application of legal actions and liquidity.But “on-chain” technology could solve another essential, but less recognized, problem: credit.  In theory all the…