The prominent decentralized finance (DeFi) system Lido has revealed that it intends to integrate non-fungible tokens (NFTs) into the process of unstaking. Yesterday, during its Node Operator Community Call #5, the DeFi protocol with the biggest total value provided a hint about its future ambitions. According to Lido (1), users will be given a tradable … Read more
Irene Zhao, a prominent figure in the cryptocurrency space, is credited with launching a new social platform on web3 called So-Col (Social Collectibles), which just announced receiving $4.5 million in fresh funding throughout two rounds. According to statements (1) made by DWF on Tuesday, the web3 investment firm was the sole sponsor of the most … Read more
The European Banking Federation (EBF) has just produced a report in which it discusses its perspectives on the digital euro as well as those of the digital money ecosystem in Europe as a whole. The report, published (1) on the 28th of March, examined the digital euro from the perspective of stability and privacy, both … Read more
An announcement was recently made regarding strategic cooperation between the Kraken cryptocurrency exchange and the English Formula One team Williams Racing. As a result of the cooperation, Kraken’s emblem will be displayed on the halo and rear wing of the FW45 race vehicle that Williams Racing will enter in the Formula 1 Rolex Australian Grand … Read more
The European Union (EU) is about to approve a fresh set of anti-money laundering (AML) legislation, which may put some major limits on transactions involving the cryptocurrency market if they are enacted as written. Recent clarifications (1) provided by Damien Carême, a French senator affiliated with the Green party, indicate that the new limits will … Read more
The cryptocurrency market was jolted earlier this month by a massive hack using decentralized finance (DeFi), which resulted in the hacker’s theft of approximately $200 million by compromising the Euler Finance protocol. But, according to the most recent information (1) available, the hacker has now been releasing portions of the monies. https://twitter.com/dcfgod/status/1640419007823003673 According to data … Read more
As a direct consequence of the recent regulatory crackdown on Coinbase and Binance, the cryptocurrency market, dominated by Bitcoin and Ethereum prices, has lost some of its upward impetus in the short term. A Wells warning has already been delivered to Coinbase Global by the SEC in relation to the company’s staking & token listing … Read more
Trade in cryptocurrencies Coinbase has been hard at work on a number of important projects, one of which is the development of inflation-pegged flatcoins that will be built on its recently released Layer-2 network Base. Flat coins are one of the four most important developments that Coinbase believes (1) will shape the future of cryptocurrency. … Read more
A brand new trading platform known as wpNex has been introduced by Deutsche WertpapierService Bank (Dwpbank). The massive securities processing company issued a press release (1) not long ago in which it announced the launch of the new platform. According to the press release, wpNex by Dwpbank will support its more than 1,200 connected banks … Read more
Fujitsu, a leading information technology (IT) company in Japan that produces computer hardware and accessories, has made a decisive step to strengthen its presence in the cryptocurrency ecosystem. This move was made in order to broaden the company’s customer base. According to a report (1), which cites a recently filed patent by the business with … Read more