Search
The Post-Terra Era: Incentivising Innovation and Longevity Through Regulation
2.10.2022
Vincent Chok is the CEO of First Digital Trust, a Hong Kong-based technology-driven financial institution powering the digital asset industry and servicing financial technology innovators including blockchain clients, payments companies, and virtual banks.__________...
Read More: The Post-Terra...
US Tennis Player Serena Williams’ VC Firm Leads Ugandan Fintech’s $12.3 Million Pre-Series A Funding Round
2.10.2022
The Uganda-based digital lending fintech startup, Numida, has said it will start offering its services to micro, small, and medium-sized enterprises in other African countries. Numida’s plans to offer its services to businesses beyond Uganda’s borders came shortly after it...
NEXO risks 50% drop due to regulatory pressure and investor concerns
30.9.2022
Analysts fear NEXO price could come under pressure if regulatory action in the United States begins to intensify
Celsius Creditors Move to Subpoena Lending Firm Equities First for $439M Collateral Repayment
30.9.2022
Celsius said that Equities First still owes its $439 million
Nexo ‘surprised’ by state regulators' actions, says co-founder
29.9.2022
Kalin Metodiev emphasized that Nexo has been navigating through conversations with regulators for the past couple of years to ensure compliance, and was surprised that this news was “thrown out there in public.”
Maple Finance CEO: Separating risk from lending saved DeFi from market crash
29.9.2022
DeFi crypto lending has operated as intended through the crypto winter because transparency kept it in line and business activities were siloed, according to Maple Finance’s Sid Powell
Genesis director to step down and move into advisory role
28.9.2022
"My line is always open and I can’t wait to continue building and learning with all of you," says Ballensweig
FTX reportedly considers bailing out Celsius via asset bid
28.9.2022
Acquiring the assets of Celsius would imply FTX's intent to save the lending firm, similar to what FTX US did for Voyager by securing the winning bid of approximately $1.4 billion
Celsius CEO Alex Mashinsky resigns
27.9.2022
"I am very sorry about the difficult financial circumstances members of our community are facing," writes Mashinsky
Nexo acquires stake in US chartered bank
27.9.2022
By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States
DeFi Hub Umee Targets TradFi With Institutional Lending DAO
27.9.2022
The cross-chain lending protocol has raised almost $40 million since June 2021
DeFi lending protocol created by ex-QuadrigaCX co-founder surpassed $50M in TVL
26.9.2022
Michael Patryn was doxed earlier this year to be the co-founder behind DeFi project Wonderland, which collapsed shortly after
Merchant Crypto Payments: Clever Marketing or Signs of Real Adoption?
24.9.2022
Andrey Diyakonov is the Chief Commercial Officer at Choise.com, a MetaFi (CeFi/DeFi) ecosystem based on Crypterium CeFi solutions and Charism DeFi protocol.__________
Earlier this year, all the news about digital assets was about the ongoing crypto winter, the bankruptcy of lenders and other...
Crypto Biz: DID you see what Africa is doing with Web3?
23.9.2022
Decentralized identity services could play a vital role in promoting Web3 payments in emerging markets like Africa. This week's Crypto Biz has the latest
First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
23.9.2022
First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%
Maple Finance launches $300M lending pool for Bitcoin mining firms
20.9.2022
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021
DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool
20.9.2022
The DeFi platform is launching its first fully-collateralized industry-specific lending pool as bitcoin miners are struggling to raise capital
Alameda Research ‘happy to return’ $200M loan to Voyager Digital
20.9.2022
The trading company will pay back the debt, which has fallen almost twice in dollar estimate, by the end of September
Thai SEC Proposes Banning Crypto Businesses From Staking and Lending Activities
17.9.2022
The Thai Securities and Exchange Commission (SEC) has proposed banning businesses from engaging in crypto staking and lending activities. The regulator is seeking public comments on the proposal, noting that the purpose of this prohibition is “to provide greater protection to investors...
Celsius requests permission to sell off its stablecoins
16.9.2022
The crypto lending firm intends to get the liquidity and support its operations with the funds from the sell-off