The European Securities and Markets Authority (ESMA) has released a report on the risks associated with Decentralized Finance (DeFi) in the EU market. While acknowledging the potential benefits of DeFi, such as financial inclusion and innovative financial products, the report also highlights significant risks. One of the main risks identified is the liquidity risk due […]
Visa’s recent investment in generative AI has sparked a transformative shift in the world of commerce and payments. This move has had a significant impact on startups like InQubeta and The Graph, revolutionizing the way they operate and paving the way for future growth.The Graph, a popular blockchain and DApp development community, relies on The […]
Visa’s recent investment in generative AI has sparked a transformative shift in the world of commerce and payments. This move has had a significant impact on startups like InQubeta and The Graph, revolutionizing the way they operate and paving the way for future growth.The Graph, a popular blockchain and DApp development community, relies on The […]
Cryptocurrency exchange Bitstamp plans to halt its operations in Canada starting from January 8, 2024. The exchange has advised its Canadian customers to withdraw their funds and deactivate their accounts before the deadline. Bitstamp’s decision to exit the Canadian market is primarily due to timing issues and the need to focus on regions where it […]
In a recent blog post by Placeholder VC, the firm compares Ethereum and Solana to Android and iOS, respectively. The post highlights Ethereum’s modularity and widespread adoption, likening it to Android’s open and diverse ecosystem. Ethereum is becoming more of a platform for third-party networks, with layer-2 networks already processing more transactions than Ethereum mainnet. […]
In a recent motion filed by Sam “SBF” Bankman-Fried’s lawyers, they have requested the court’s permission to introduce evidence supporting positive investment outcomes, specifically mentioning an investment in the AI startup Anthropic. This request comes after US prosecutors filed a motion to prevent SBF’s legal team from discussing the recovery of FTX customer funds through […]
De.Fi, a decentralized finance (DeFi) platform, has launched De.Fi 2.0, a suite of products and services aimed at improving security, usability, and connectivity in the DeFi ecosystem. The platform, which started in 2020 and now has over 3 million users, aims to onboard the next billion crypto users by providing tools for developers, marketers, traders, […]
Cryptocurrency exchange Binance is introducing a new feature called self-transaction prevention (STP) to prevent users from incurring unnecessary trading fees. Starting from October 26th, the STP function will be available for all spot and margin trading users. The default mode for all trading pairs and orders will be the “expire maker” STP mode. Users will […]
Taiwan-based liquidity provider, WOO Network, has reached a significant agreement with Three Arrows Capital (3AC) liquidators, taking a crucial step towards regaining control of its financial future. 3AC filed for bankruptcy in July 2021 due to a financial crisis caused by excessive leverage and the collapse of the $60 billion Terra Luna ecosystem, in which […]
The BRICS Bank, also known as the New Development Bank (NDB), has announced a three-year plan to move away from the US dollar and adopt a common currency for trade among member countries. This initiative aims to reduce the demand for the USD by lending loans in local currencies. Iraq has recently joined the de-dollarization […]
