Ethereum reclaims USDT dominance against Tron after 2 years

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem got recognition from the United Kingdom government, as they sought public feedback on taxation of the DeFi ecosystem, especially staking and lending.MakerDAO…

BTC price action is busy making impressive achievements despite staying rangebound below all-time highs — but Bitcoin volatility catalysts are right around the corner.

MicroStrategy has increased its total Bitcoins holdings to 138,955 BTC, purchased for $4.1 billion at an average of $29,817 per coin. 239 Total views 1 Total shares Own this piece of history Collect this article as an NFTMicroStrategy, a business intelligence firm and a major Bitcoin (BTC) investor, is acquiring more BTC amid the recent…

The German Federal Financial Supervisory Authority (BaFin) has issued a cease and desist order to Karatbit Foundation to immediately stop unauthorized business in Germany. BaFin alleges that Karatbit Foundation is issuing the KaratGoldCoin (KBC) without the necessary license, according to a Nov. 11 announcement.Karatbit describes itself as a provider of a blockchain-based payment system that enables…

In a largely celebratory community call devoted in part to commemorating lending protocol Aave’s January 8th “Aaveversary” — a full year of Aave on Ethereum mainnet — there was also a look into Aave’s possible future: a proposal from Delphi Digital seeking to fundamentally alter Aave’s Safety Module and create a new insurance product offering. Currently,…

Roger Ver, commonly known as “Bitcoin Jesus,” has 20 days to answer the summons from Genesis unit GGC International before being required to pay by default. 391 Total views 4 Total shares Own this piece of history Collect this article as an NFTBitcoin Cash (BCH) advocate Roger Ver has sued by a unit of crypto…

The lower house of the French parliament has rejected the amendments to the 2019 finance bill which would ease crypto-related taxation. French monthly business magazine Capital reported this Tuesday, Dec. 18.The amendments that have been declined by the National Assembly referred to a draft of the government finance bill for 2019.As explained by local crypto…

The key objectives of the project are to identify and understand innovative business models, use cases, benefits, risks, and operational models for a CBDC in Australia. 490 Total views 15 Total shares Making it to the list of countries that intend to launch an in-house central bank digital currency (CBDC), the Reserve Bank of Australia…