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Phemex Is a Rebellion Against Traditional Finance, and It’s Winning
7.10.2021
Wall Street is often touted as the place where dreams come to life, but the world’s economic epicenter can also be an absolute nightmare. From brokers screaming at each other across trading floors to the modern electronic trading systems of today, money talks in Wall Street. However, while...
The Financial System Is In 'An Age of Disruption,' BIS Official Admits
7.10.2021
tion Hub.Speaking at the Geneva Conference on the World Economy in Geneva, Switzerland on Thursday, Cœuré said that “cryptocurrencies, the rapid rise of decentralized finance (DeFi), and
Local Experts Say Zimbabwe Not Softening Its Stance on Cryptocurrency Just Yet
7.10.2021
Zimbabwean crypto and economic experts have suggested Finance Minister Mthuli Ncube’s positive comments about cryptocurrencies do not necessarily mean monetary authorities are about to remove restrictions that were imposed in 2018. The Case for Blockchain Instead, the experts claim...
IMF Head Says Central Bank Digital Currencies Are Reliable, Hard to Think of Bitcoin as Money
6.10.2021
Digital currencies backed by central banks are the most reliable form of digital money, according to IMF managing director Kristalina Georgieva. At the same time, to think of cryptocurrencies such as bitcoin as money is difficult, believes the chief executive of the international financial...
Dot.Finance Launches DAO, Tables $PINK Token Proposal
6.10.2021
Dot.Finance, a DeFi aggregator dedicated to Polkadot, allows investors to vote on proposals for the first time. The platform released its DAO governance framework last week, giving PINK token-holders and stakers the ability to influence its future direction and product development. As with DeFi’s...
Folks Finance to Use Algorand Virtual Machine for DeFi
6.10.2021
Algorand recently updated its Virtual Machine (AVM) that simplifies and reinforces smart contracts to build new dApps. In addition, Folks Finance, the capital market protocol, recently announced using AVM for its DeFI operations. The integration will see Folks Finance using the Algorand Virtual...
Pokémon Is Joining Forces With Universal Studios Japan
6.10.2021
Today in Osaka, Universal Studios Japan announced it’s entering into a creative partnership with The Pokémon Company. “Universal Studios Japan and The Pokémon Company will enter a long-term partnership to jointly explore groundbreaking entertainment that will immerse guests into the world...
ADALend’s Revolutionary GM for an Evolutionary Cardano Based DeFi
6.10.2021
DeFi continues to show the world that the future of finance will forever change from its old and traditional form, developed by solving problems individuals and institutions face with mainstream banks. ADALend continues the string of innovations in DeFi under the guidance of its GM. Javed Khattak...
Wisdom Announces the 2nd Edition of Blockchain Finance Forum -A Platform to Discuss the Emerging Opportunities and Global Best Practices
5.10.2021
Wisdom’s 2nd edition of the Blockchain Finance Forum will be held virtually on December 8–9, 2021, bringing together industry experts and organizations that have remodeled the financial sector in Europe. The event will host the public and private stakeholders for blockchain in banking and financial...
Total Value Locked Across Multiple Defi Chains Nears $200 Billion — Ethereum’s TVL Dominance 69%
5.10.2021
While the crypto economy has seen a decent uptick in performance during the first week of October, a number of decentralized finance (defi) tokens have seen tremendous gains. Furthermore, the total value locked in defi has risen to $195 billion, jumping more than 14% over the last two weeks from...
Kevin O’Leary: ‘My Crypto Exposure Is Greater Than Gold for the First Time Ever’
5.10.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that he has more crypto exposure than gold for the first time. He hopes to increase his crypto allocation to 7% in the next few months, emphasizing: “I don’t see a situation where crypto’s ever going...
Grayscale Adds Solana and Uniswap to Crypto Investment Fund
5.10.2021
Grayscale Investments has added solana and uniswap to its large-cap investment fund. This is the first time solana has been added to a Grayscale fund. The company now offers 15 funds, two of which are diversified portfolios. Solana and Uniswap Added to Grayscale Fund Grayscale Investments,...
Capcom Plans To Make PC Its Main Platform
4.10.2021
Capcom, widely known as one of the most prominent developers of third-party console games dating as far back as the NES, appears poised to shift its focus. The company has noticed its ever-growing PC gaming audience and global sales numbers, and is planning on making the PC its “main platform.”...
DeFi security project 'Lossless' helps recover $16.7M from Cream Finance hack
4.10.2021
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms
Gold Spikes on US Debt Fears — Finance Portal Disowns End-of-Year Gold Price Prediction
4.10.2021
While the price of bitcoin has surged during the first few days of October, the price of the precious metal gold has also increased percentage-wise as the U.S. dollar and the country’s 10-year Treasury yields slid in value this past week. An ounce of fine gold exchanged hands this weekend...
Pandora Papers Expose How World Elite Uses Legacy Finance To Hide Fortunes
4.10.2021
rld’s rich to hide their fortunes, among others 35 current and former world leaders, as well as 300 other public officials in more than 90 countries.The ICIJ
Sunday Comics: No, No, No, No
3.10.2021
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more
The Founder of Wallstreetbets Jaime Rogozinski Discusses Defi, NFTs, and Crypto Regulation
3.10.2021
In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members played a major role in the Gamestop short squeeze escapade. In recent times, the founder of WSB, Jaime Rogozinski has been behind a new decentralized finance project...
6 Ways to Earn Passive Income with Crypto
2.10.2021
m/coins/">other digital assets is to deposit them into a centralized lending platform. While most experienced crypto users recommend avoiding depositing crypto with third-party providers, the user-friendliness of CeFi (centralized finance) lending platform has led to billions of doll
Third-Largest Bank in France Societe Generale Proposes Use of Defi Protocol Makerdao
1.10.2021
French multinational investment bank and financial services company, Societe Generale, has proposed to leverage the decentralized finance (defi) protocol Makerdao. The proposal dubbed “Security Tokens Refinancing” was published on October 1 to Makerdao’s forums and...