Rumble boss ‘departed’ from Europe after Telegram CEO arrest

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 saw several new developments despite a bearish phase brought on by the lending crisis in the crypto market. Another crypto lender, Celsius,…

Bitcoin (BTC) regained $8,000 on Oct. 23 after a fresh bearish move canceled out progress towards the top of its trading range. Cryptocurrency market daily overview. Source: Coin360Bitcoin rejected at $8.3KData from Coin360 showed another frustrating 24 hours for BTC investors, who on Tuesday watched as markets briefly passed $8,300 before tumbling to a low of…

Almost 23% of Digital Currency Group (DCG)'s portfolio firms think asset tokenization will be the next major use case for blockchain. According to DCG’s 2019 annual survey, close to a quarter of 60 polled portfolio companies believe blockchain will be mainly deployed in asset tokenization, while 30% of respondents see the technology’s future use cases in payments.Other…

Chinese holding company Wuhan General Group (China), Inc. has entered negotiations to transform a U.S. Defense Department facility into a crypto mining farm, according to a press release published September 11.Per the press release, in case of a successful outcome to the negotiation, the company will receive the first order of rigs in late October,…

Blockchain analytics firm Elliptic didn’t rule out the possibility of the $477 million hack being an FTX inside job. 76 Total views 1 Total shares Anonymous hackers of the now-defunct exchange FTX have been moving large amounts of assets stolen from the platform, with new transactions occurring just as the ongoing trial of FTX founder

Scott Melker, better known as The Wolf of All Streets, is a trader and crypto advocate who is far more approachable than his online handle might suggest. A former DJ, Melker operates a small crypto advocacy empire spanning YouTube videos, podcasts and a popular newsletter.Scott Melker is open about his initial intentions in the crypto…

The S&P 500 Index (SPX) continued its march toward its all-time high with a 3% gain in July. Signs of receding inflationary pressures and expectations of an end to the Federal Reserve’s tightening cycle are the factors that boosted risk-on sentiment.However, this bullish mood did not benefit Bitcoin (BTC) as it largely remained range-bound in…

Major United States stock exchange Nasdaq has unveiled a blockchain decentralized finance (DeFi) index Defix (DEFX). According to a Defix press release published on Sept. 9, brokerage firm Exante streamlined the launch of the Defix index.A disparate group of crypto assetsThe index includes crypto assets of projects such as the one of Proof-of-Work blockchain Amoveo…

The global blockchain technology market size is projected to reach $72 billion in the next five years. In order to ensure this growth, however, blockchain solution providers must continue to advance and innovate. For example, public enterprise blockchain use has become an ongoing trend this year as companies like ConsenSys aim to drive adoption for open, permissionless…