The role of stablecoins and RWAs in DeFi: HTX Ventures report
In its latest report, HTX Ventures explores how decentralized finance is transformed by emerging crypto regulation, RWA and stablecoin adoption.
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Bitcoin and Ether now less volatile than oil: Report
Technical analysts suggest that months of low volatility is often followed by a big price move. 237 Total views 4 Total shares The Bitcoin (BTC) and Ether (ETH) 90-day price volatility hit a new multi-year low in August as the top two cryptocurrencies continue to trade under their key resistance of $30,000 and $2,000 respectively.According…
Australian competition regulator takes Meta to court over fake crypto ads
The ACCC highlighted unapproved or endorsed “scam” ads featuring prominent Australian figures such as entrepreneur Dick Smith, TV host David Koch and former NSW premier Mike Baird in particular. 65 Total views 2 Total shares The Australian Competition and Consumer Commission (ACCC) is taking Meta Platforms, Inc. (formerly Facebook) to the Federal Court, alleging that…
How to protect against crime in the metaverse
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Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.” 179 Total views 15 Total shares Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations.As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam Commercial…
Bancor updates DEX to try a new approach against impermanent loss
Bancor is updating its protocol once more to defeat the insidious issue of impermanent loss, which it earlier called “DeFi’s dirty little secret.”Impermanent loss, also called divergence loss, affects exchanges based on automated market makers like Bancor or Uniswap. It happens when the prices of two assets in a liquidity pool diverge significantly, with one side…
Azra Games secures $42.7M funding for mobile RPG game
Venture firm Pantera Capital is backing the gaming startup's Series A, with participation from a16z Crypto, a16z GAMES, and NFX.
Blockchain venture capital funding fell to a 12-month low in August
The crypto market downturn continues to impact private funding, but one fund is bullish about the future of Web3. 261 Total views 12 Total shares Data from Cointelegraph Research reveals that in August 2022, the blockchain industry saw $1.36 billion of venture capital invested in the blockchain industry — a 12-month low and the fourth…
DAI Has Been Struggling to Maintain Its $1 Peg, but the MakerDAO Community Believes It Will Soon Be Crypto’s ‘Default’ Stablecoin
Stability has become a holy grail for the crypto market, and right now, one of the biggest stablecoins is MakerDAO's DAI. Launched in December 2017 as an ERC-20 token, it's pegged 1:1 with the United States dollar, with its peg being maintained via over-collateralization with ether (ETH). In other words, users receive the equivalent of…