DeFi
Decentralized Finance News
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China to Formulate Strategy for NFT, Decentralized App Growth
China’s Ministry of Industry and Information Technology has announced plans to focus on the development of non-fungible tokens (NFTs) and…
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SEC Chair Suggests Possible Review Of Bitcoin Exchange-Traded Fund
In recent crypto news, the chairman of the United States Securities and Exchange Commission, Gary Gensler, indicates a possible change…
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Financial Regulators Demand Legislation To Mitigate Crypto Risks
In a recent report, the Financial Stability Oversight Council (FSCO) which is a financial stability watchdog recently held a meeting…
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SEC Sets To Ban Binance Exchange Operations In Philippines
A recent report revealed that the Philippines Security and Exchange Commission (PSEC) is planning to ban Binance exchange from operating…
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3AC Liquidators Hunt For Three Arrows Capital’s Misplaced Funds
In a recent report, Teneo liquidators and Crumpler & Farmer liquidators, who are jointly in charge of liquidating the collapsed…
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El Salvador Suffers Low Adoption Of Bitcoin Despite Effort
El Salvador, popularly known as the first country to adopt the primary crypto asset, Bitcoin, as legal tender, is currently…
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Taiwan Officials to Investigate Crypto Betting Involving Election Results
Residents from Taiwan are found to use an illegal betting platform called Polymarket. This digital platform reported record-breaking traffic during…
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Australia Records 162.4% Increase In Cryptocurrency-related Scam Rate
In a recent news report, Australia recorded a significant rise in the crime rate related to cryptocurrency. With a massive…
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German Asset Manager DWS Partners with Galaxy to Introduce Euro Stablecoin
DWS is an asset management firm hailing from Germany that has partnered with Galaxy and Flow Traders to create a…
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Asset Manager M&G Invests $20 Million in UK-Based Crypto Derivatives Exchange
M&G, a pension fund based in the UK, has added $20 million to a BTC derivatives exchange. The investment is…
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U.S. Places Binance Under Sweeping Monitorship; John Stark Says
Recently, the United States Department of Justice took a bold step toward meddling with operations in the crypto industry by…
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‘Free Money’: Here Are the Hottest Token Airdrops Right Now
How do blockchain projects reward early contributors and users? They do so through token airdrops. Receiving native tokens of a…
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US Government Eliminates Two Crypto AML Provisions from National Defense Bill
Regulators have removed two Anti-money laundering provisions out of the National Defense Authorization Act. These provisions were related to regulatory…
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Staggering 110% Increase in Crypto Market Capitalization This Year
In a remarkable turnaround from the stagnation following the highs of 2021, the cryptocurrency market has witnessed a significant resurgence,…
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Payment Processor Block Introduces Self-Custody Bitcoin Wallet
Jack Dorsey, founder of Block Inc., recently introduced a self-custodial wallet for Bitcoin investors. He noted that the investors will…
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Composability In DeFi: What Is It And How Does It Work?
Significance Of Composability In DeFi Decentralized finance (DeFi) functions like a digital playground where different apps and protocols can freely…
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