What is Hadron? Exploring Tether’s asset tokenization platform
Learn how Tether’s Hadron platform revolutionizes asset tokenization with features like security, scalability and interoperability.
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Traders remain bullish even as DeFi’s TVL falls to $54.4 billion
The total value locked in decentralized finance platforms dropped 16% to $54.4 billion this week, but the quick rebound in DeFi token prices shows traders are not dismayed. 2131 Total views 12 Total shares Decentralized finance and the numerous platforms offering investment services have been the talk of the cryptocurrency sector for several months, and…
Textbook publisher wants to use NFTs to skim the used-textbook market
The academic textbook publisher hopes to capture a portion of secondary market sales on digital textbook sales by assigning an NFT to each title. 155 Total views 7 Total shares Textbook publisher Pearson has revealed its plans to use non-fungible tokens (NFTs) to keep track of digital textbook sales and effectively “diminish the secondary market"…
Libra Association Holds Inaugural Meeting, Forms Board
The Libra Association, the governing body of Facebook’s proposed stablecoin, held its inaugural meeting today in Geneva, Switzerland. According to a report from Reuters on Oct. 14, the consortium reaffirmed their interest in creating a payments-oriented stablecoin that would be balanced by a basked of various, purportedly stable fiat currencies. Libra Association sets rules for governanceIn addition…
UMA overtakes Yearn.Finance as the biggest ‘DeFi’ protocol on Ethereum
The decentralized finance (DeFi) landscape is rapidly changing day after day. On Sept. 1, UMA overtook yearn.finance as the biggest “DeFi” protocol on Ethereum with a $1.3 billion market cap.Data from CoinMarketCap shows six DeFi projects are now above $500 million in valuation. The six projects are UMA, yearn.finance, Aave, Maker, Synthetix and Compound.DeFi tokens…
Crypto for foreign trade: What do we know about Iran’s new strategy
With the Trade Ministry officially approving the use of cryptocurrencies for foreign trade, Iran will become the first-of-a-kind adopter in the world. The obvious problem with the news is that the country’s innovative policy obviously aims at circumventing financial sanctions that have been hampering its participation in the global economy for many years. These circumstances set…
Chinese city seeks to power urban governance and more using blockchain tech
30 new blockchain adoption applications will be considered as part of the city's two-year plan. 1684 Total views 24 Total shares Authorities in Chengdu, China plan to adopt blockchain for several use cases throughout the city, including urban governance, cross-border trade, smart manufacturing, and agriculture.During the 2020 Chengdu Global Innovation and Entrepreneurship Fair, the city's…
Mt. Gox Bitcoin Stays Put: Claims Deadline Pushed Back to Spring 2020
The trustee in charge of refunding users who lost money in the implosion of Bitcoin (BTC) exchange Mt. Gox has again extended the submission deadline for claims. New claims deadline March 31, 2020In a statement released on Oct. 28, Nobuaki Kobayashi said that the high volume of problematic requests for money meant that a five-month extension…
Crypto Biz: A peek into BlockFi’s secret financials (it’s not pretty)
Crypto lender BlockFi has had a highly tumultuous 12 months. After getting caught up in the Terra fiasco, which resulted in one of the most prolific asset death spirals of all time, the company managed to avoid bankruptcy after receiving a $400 million lifeline in July 2022. The problem? Its lender was FTX US, and…