Bitcoin DeFi takes center stage

At the request of the People’s Bank of China, Beijing could soon probe its digital payments monopolies, sources claim. 2538 Total views 22 Total shares Days after the CEOs of the world’s top tech firms faced antitrust hearings in the United States Congress, sources are alleging that Beijing too could soon probe its own digital…

The CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, said that he doesn’t think Exchange Traded Funds (ETFs) “are core to our industry's growth,” during a live stream via Periscope, Feb. 6.Zhao — also known in the community as CZ — declared that the cryptocurrency industry will grow with or without the launch of a…

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On June 18, Brazil’s National Bank for Economic and Social Development (BNDES) announced the election of Finance Director José Flavio Ferreira Ramos as its interim president. Ramos will serve as the BNDES head until the inauguration of 38-year-old Gustavo Henrique Moreira Montezano, a former economist and the current deputy secretary of privatization and disinvestment. Montezano’s appointment followed…

The Federal Financial Supervisory Authority (BaFin), Germany's financial regulator, has issued a public warning about cryptocurrency exchange CoinBene on May 28.The watchdog says that CoinBene has been recruiting freelance crypto traders who get paid on commission. BaFin states that since crypto assets are financial instruments, trading them requires authorization under Germany’s Banking Act, or Kreditwesengesetz…

The concept of yield farming has gained a lot of traction over the past year or so particularly because it enables crypto owners to stake their assets in return for tangible returns within short time windows. And while the thought of earning a profit on one’s investment may not be new at all, the idea…

The loss occurred while Alameda Research liquidators were attempting to close a borrow position on Aave, but instead, removed the extra collateral used for the position. Own this piece of history Collect this article as an NFTThe liquidators of Alameda Research continue to encounter obstacles in their efforts to recover funds for creditors. Crypto analytics firm…

A lot was said about the metaverse when the Microsoft deal to acquire Activision Blizzard was announced in January 2022. The attention mainly was on business communications, rather than gaming. If public statements and leaked documents are any guide, the Activision deal could promise more for the future of crypto than the metaverse.The metaverse had

The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region. 346 Total views 9 Total shares The Hong Kong Monetary Authority presented its completed Aurum retail central bank digital currency (CBDC) prototype on Oct. 21. The system,…