Umee and Osmosis to Merge, Creating a Powerful DeFi Hub for Cosmos Ecosystem

Cosmos-based networks Umee and Osmosis have announced their plans to merge through a software upgrade. This merger will involve reimplementing Umee’s UX Chain code on the Osmosis chain, creating a “DeFi Hub” for the Cosmos ecosystem. Umee is a decentralized lending protocol that operates on its own dedicated Cosmos chain, while Osmosis is a prominent […]

Umee and Osmosis to Merge, Creating a Powerful DeFi Hub for Cosmos Ecosystem

Cosmos-based networks Umee and Osmosis have announced their plans to merge through a software upgrade. This merger will involve reimplementing Umee’s UX Chain code on the Osmosis chain, creating a “DeFi Hub” for the Cosmos ecosystem. Umee is a decentralized lending protocol that operates on its own dedicated Cosmos chain, while Osmosis is a prominent […]

UK Treasury Committee Expresses Concerns Over Retail Digital Pound’s Potential Impact on Banks and Economy

The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]

UK Treasury Committee Expresses Concerns Over Retail Digital Pound’s Potential Impact on Banks and Economy

The UK Treasury Committee is expressing concerns about the potential introduction of a retail Central Bank Digital Currency (CBDC), or digital pound, due to the risks it may pose to the economy. Lawmakers are worried that allowing people to quickly switch large amounts of bank deposits into digital pounds during market turmoil could lead to […]

Mantle Introduces mETH Liquid Staking Protocol, Expanding Ethereum DeFi Ecosystem

Mantle, a web3 ecosystem led by a decentralized autonomous organization (DAO), has introduced its Mantle Liquid Staking Protocol (LSP) as a new addition to its Ethereum-based DeFi ecosystem. The LSP is a permissionless and non-custodial protocol that allows Ethereum stakers to receive mETH, a value-accumulating receipt token, in return for their staked ETH. This enables […]

Mantle Introduces mETH Liquid Staking Protocol, Expanding Ethereum DeFi Ecosystem

Mantle, a web3 ecosystem led by a decentralized autonomous organization (DAO), has introduced its Mantle Liquid Staking Protocol (LSP) as a new addition to its Ethereum-based DeFi ecosystem. The LSP is a permissionless and non-custodial protocol that allows Ethereum stakers to receive mETH, a value-accumulating receipt token, in return for their staked ETH. This enables […]

Mantle Introduces Groundbreaking Liquid Staking Protocol on Ethereum Network

Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution […]

Mantle Introduces Groundbreaking Liquid Staking Protocol on Ethereum Network

Decentralized autonomous organization Mantle has launched a liquid staking protocol on the Ethereum blockchain. This protocol allows users to deposit ETH and engage in network staking while receiving Mantle-staked ether (mETH) as a token reflecting their stake. The protocol aims to address the concentration of ether stakes within major providers by offering an alternative solution […]

South Korean Regulators Crack Down on Unlicensed Cryptocurrency Exchanges

South Korean financial regulators have called on consumers to report any unlicensed cryptocurrency exchanges operating in the country. The Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA) are collaborating on this initiative. The largest virtual asset exchanges in South Korea, including Coinone, Korbit, Gopax, Upbit, and Bithumb, are part of DAXA. Reports […]

South Korean Regulators Crack Down on Unlicensed Cryptocurrency Exchanges

South Korean financial regulators have called on consumers to report any unlicensed cryptocurrency exchanges operating in the country. The Financial Intelligence Unit (FIU) and the Digital Asset Exchange Association (DAXA) are collaborating on this initiative. The largest virtual asset exchanges in South Korea, including Coinone, Korbit, Gopax, Upbit, and Bithumb, are part of DAXA. Reports […]