Asset management firm Icosa has commenced operations, with a primary focus on investments in catastrophe bonds. Icosa, based in the canton of Schwyz, has recently launched. In its initial phase, the financial company has established a UCITS strategy in partnership with MRB Fund Partners, providing access to investments in catastrophe bonds. These ‘Cat Bonds’ allow […]
The DeFi community is showing interest in a new project, NuggetRush, which is a mining adventure game. NuggetRush introduces professional entrepreneurs and artisanal miners in the form of NFTs, which are key to building successful mining operations. Players can earn rewards in a variety of ways, including participating in competitions and fights, as well as […]
Sehra emphasizes the importance of integrating compliance into the decentralized infrastructure. He argues that it’s not merely about incorporating Know Your Customer (KYC) and Anti-Money Laundering (AML) measures through a simple flag indicating if a user is whitelisted. Instead, the process requires a more nuanced approach.Several factors need to be considered to match the right […]
Turkey’s Minister of Treasury and Finance, Mehmet Şimşek, has unveiled some details of the forthcoming cryptocurrency regulation in the country. The government plans to provide legal definitions to key concepts in cryptocurrency, adhere to the Financial Action Task Force (FATF) standards, and license trading platforms.On January 10, Şimşek confirmed to the Anadolu Agency that the […]
PayPal’s PYUSD stablecoin, trailing behind more established stablecoins such as USDT and USDC, is turning to DeFi to boost its liquidity. In December, PYUSD activated the Curve automated market maker and is now seeking deployment on Aave.PayPal’s entry into the stablecoin ecosystem with PYUSD generated significant buzz as it marked the first time a major […]
The U.S. Securities and Exchange Commission (SEC) is currently under the microscope of Congress following a security breach of its social media account. The incident has raised questions about the robustness of the SEC’s security protocols.The breach was reported by social media platform X, which revealed that the SEC’s account was compromised due to a […]
Shiba Inu’s lead developer, Shytoshi Kusama, has hinted at significant progress in the project’s ambitions. Kusama’s statements, shared on X (formerly Twitter), provide insights into the strategic direction of Shiba Inu and its integration with broader internet infrastructure.Alluding to the fake spot Bitcoin ETF approval news, Kusama stated, “Hey, SHIBARMY! While everyone is focused on […]
Despite the spread of false news about Bitcoin ETF approval, Bitcoin’s price surged to $47,800, demonstrating the market’s resilience and readiness for integration with mainstream financial systems. This incident, however, raised security concerns and skepticism within the crypto community, particularly about the SEC’s internal security measures.The SEC’s decision on the much-anticipated Bitcoin ETF was unexpectedly […]
The competition among EVM chains to provide the best DeFi experience is intensifying. EOS Network Ventures (ENV) has recently announced a significant investment in decentralized finance with the aim of enhancing the EOS EVM chain. NoahArk Tech Group, a DeFi developer with an existing presence on the EOS EVM, has been granted $2.4M. The EOS […]
The crypto community is abuzz with anticipation over the approval of the first spot Bitcoin ETF, an event that has the potential to significantly influence Bitcoin’s value. However, another significant event, the Bitcoin halving set for April, is being overlooked despite its historical impact on the digital asset’s value. Following previous halvings, Bitcoin has consistently […]
