DeFi isn’t dead, it just needs to fix these 3 critical problems

Binance cited allegations of the mishandling of consumer funds and an investigation from regulators as reasons for exiting the agreement. 1043 Total views 2 Total shares On Nov. 9, less than 48 hours after Changpeng “CZ” Zhao, CEO of cryptocurrency exchange Binance, announced his intentions to bail out troubled competitor FTX, the firm stated that…

"As the adoption of cryptocurrency payments gains momentum, the acquisition of Coinify brings a global payment infrastructure to Voyager's digital asset ecosystem," said Voyager co-founder and CEO Stephen Ehrlich. 408 Total views 5 Total shares Crypto-asset trading firm Voyager Digital has arranged to purchase payments company Coinify in a deal worth $85 million in cash…

Evolution Mining’s executive chairman said gold and Bitcoin could coexist, but the latter is not yet mature enough to deliver the established safe haven assurance of the former. 1663 Total views 8 Total shares Jake Klein, CEO of Australian gold mining establishment Evolution Mining, has said that crypto price volatility will make gold a far…

Ripple applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA) after its partial win against the U.S. SEC. 564 Total views 8 Total shares Payment protocol Ripple has recently applied for a registration as a crypto asset firm with the United Kingdom's Financial Conduct Authority (FCA), a…

Bitcoin price is showing weakness after another sharp rejection from the $11,000 resistance level. As Bitcoin (BTC) enters the fourth quarter, the sentiment around the market remains generally cautious and neutral.Bitcoin might face a larger pullback in the fourth quarter due to several key factors. Throughout the past three years, every September monthly candle has…

“The issues here were foreseeable and actually credit specific, not crypto specific in nature,” said three department heads at Coinbase. 178 Total views 3 Total shares Department heads at Coinbase have weighed in on the market downturn amid solvency concerns around Three Arrows Capital, crypto lending firm Celsius, and Voyager Digital, saying the crypto exchange…

The House Financial Services Committee has raised concerns over the use of cryptocurrencies to fund domestic terrorism in the United States.In a Jan. 15 hearing, the FSC Subcommittee on National Security, International Development and Monetary Policy has examined how U.S. financial institutions can combat domestic terrorism, extremism and acts of hate.Titled “A Persistent and Evolving…

People’s Bank of China clarified that there is still “no timetable” on a formal digital yuan launch, despite the ongoing pilot project. 2283 Total views 49 Total shares People’s Bank of China (PBoC) clarified that there is still “no timetable” on a formal digital yuan launch.In an interview published earlier today on the central bank’s…