Proof-of-Ink to boost Web3 adoption, Fed rate cut could spur DeFi summer: Finance Redefined

After a successful run in Nigeria, Quidax announces global expansion plans and the launch of its native token, QDX. After nearly three years in operation, Nigerian cryptocurrency exchange Quidax has reported more than $3.2 billion in transactions, underscoring the rapid adoption of digital assets in Africa’s largest economy.Since launching in August 2018, Quidax has amassed…

Lately, in the crypto scene, everything related to decentralized finance is being considered a gold mine. While DeFi has brought solid projects to the industry, there’s also a hot new craze, and it’s related to food. Everything from yams to burgers is now being converted to a coin and sold like a tasty meal at…

Japanese social messaging app LINE announced the creation of a $10 million blockchain venture fund Wednesday, August 15, as part of its expansion into the cryptocurrency market. Launched via Hong Kong-based subsidiary unblock corp., the fund contains funds from fellow LINE sister outfit LVC Corporation. “Additionally, unblock ventures’ token fund is expected to expand in…

BitMEX CEO and co-founder Arthur Hayes says traditional traders may lose their lunch breaks and weekends as digital finance is going to change everything, including workplaces.Cryptocurrencies trade 24 hours a day, seven days a weekIn a Sept. 19 article by Bloomberg, Hayes noted that cryptocurrencies trade 24 hours a day, seven days a week, and…

The team behind nonfungible token collection Friendsies has refuted claims they are “abandoning” the NFT project following a tsunami of “rug pull” accusations. On Feb. 21, the founders behind the NFT project told their Twitter followers that they werputting a “pause” on Friendsies and “all future digital goods” for the time being, citing market challenges.Around…

RWA tokenization has become the latest trend in crypto, and early use cases indicate that DeFi protocols are using it for stable collaterals, yield products and more.

The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere. 636 Total views 6 Total shares Own this piece of history Collect this article as an NFTBig Tech firm Meta is scrapping its nonfungible token (NFT) feature across its social media…

Binance CEO Richard Teng and family members have called for action, claiming Tigran Gambaryan has been unjustly detained in Nigeria since February.

Payment processing giant PayPal started crypto payments in March 2020 and since then has been actively involved in the crypto payment sector. 896 Total views 7 Total shares American financial technology company PayPal launched a new crypto stablecoin called PayPal USD (PYUSD) on Aug. 7.  The new US dollar-backed stablecoin will be issued by Paxos Trust…