Decentralized finance is growing up, how DeFi is becoming 'NewFi'

Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21.Tangem, which began issuing its first wallets in June 2018, aims to increase cryptocurrency adoption by making assets spendable in a manner similar to conventional smart cards often…

Citing the increase in illicit crypto-related activities, the provincial government of Sichuan moves to stamp out 10% of the global Bitcoin hashrate. 3091 Total views 40 Total shares The government of China’s Sichuan province moves to stamp out Bitcoin (BTC) mining activity, citing that growing cryptocurrency prices have led to the escalation of illegal activity…

A study from August 2023 suggested there were more than 50 UK-based quantum technology startups.

Crypto market data reporting needs global standards to enable proper risk assessment, the FSB declared. 320 Total views 15 Total shares The Financial Stability Board (FSB), a global financial authority funded by the Bank for International Settlements, has released a new report on the financial stability risks associated with cryptocurrencies.Published on Wednesday, the 30-page study…

China has released its latest government-sponsored rankings of major cryptocurrencies, placing Bitcoin (BTC) in 18th while awarding the top spot to domestic blockchain platform EOS (EOS). The rankings were released in a press release on Dec. 21.China’s Center for Information and Industry Development (CCID) under the Country's Ministry of Industry and Information Technology creates the…

The co-founder and CEO of Ava Labs spoke with Cointelegraph at the World Economic Forum in Davos, Switzerland, on the future of DeFi and TradFi as two industries with merging value systems. 354 Total views 3 Total shares Own this piece of history Collect this article as an NFTDecentralized finance (DeFi) is on its way…

The credential wallet will be provided as a browser extension and customers will be able to set it up without any prior knowledge of blockchain. 56 Total views 1 Total shares Own this piece of history Collect this article as an NFTBig Four accounting firm Deloitte has integrated blockchain technology to enable its customers to…

Bitcoin (BTC) rebounded from overnight lows on July 13 as markets nervously waited for United States inflation data.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewCountdown to “highly elevated” inflation revealData from Cointelegraph Markets Pro and TradingView showed BTC/USD climbing from $19,250 to $19,900 at the time of writing, up 3.3% on the day.With three hours to…