Lido launches institutional-grade liquidity staking solution

The central bank of central banks says CBDCs are necessary for maintaining the status quo of the legacy financial system. 538 Total views 2 Total shares The Bank for International Settlements (BIS) has reaffirmed its support for central bank digital currencies (CBDCs).In a report titled “CBDCs: an opportunity for the monetary system,” BIS researchers argued…

The world's largest cryptocurrency asset management firm could be set to dip its toes into DeFi after filing five new coin trust registrations. 1468 Total views 9 Total shares The largest Bitcoin (BTC) and cryptocurrency asset manager in the world, Grayscale, could be set to move into the decentralized finance space after filings for several…

In advance of its coming annual report, on June 24 the Bank for International Settlements released a special chapter from that report on digital payments — especially central bank digital currencies, a topic that’s attracted tremendous interest in recent months.The report encourages central banks to treat CBDCs as their future, saying: “One option at the…

Dogecoin users can now swap their favorite memecoin for native BTC, ETH, BNB and stablecoins using THORSwap. 1046 Total views 8 Total shares Cross-chain liquidity network THORChain has enabled support for Dogecoin (DOGE) — bringing a new suite of decentralized finance (DeFi) capabilities to the popular memecoin.Beginning this week, users have the ability to swap…

Falling below $9,000, Bitcoin (BTC) has seen another dip today and its price dropped over $200 in an hour.Alongside Bitcoin, the top 20 cryptocurrencies by market capitalization are seeing major losses of nearly 10% over the past 24 hours, according to data from Coin360.Market visualization. Source: Coin360Following a fresh price decline, Bitcoin is trading down…

Ethereum is a decentralized finance giant that has seen significant growth over the past few years, spurred on by events like “DeFi Summer” and the rise of nonfungible tokens (NFTs). Ethereum’s popularity, however, may be leading to its downfall, as other protocols look to eat away at or completely consume its market position. Bitcoin and the…

The US Securities and Exchange Commission and federal prosecutors have charged a man they allege created a crypto scheme that swindled 90,000 people out of $200 million in the hopes of earning returns from Bitcoin and forex trading. The SEC said on April 22 that it had charged Ramil Palafox, a dual citizen of the