Earlier today, the US Department of Treasury posted a report on DeFi entitled “2023 DeFi Illicit Finance Risk Assessment.” For the first time, Treasury addressed the concept of DeFi – a sector of digital assets that engenders challenges for regulators. Treasury noted that DeFi is… Read More
Facebook’s recent rebranding to Meta (NASD:FB) provides some interesting lessons for cryptocurrency investors, an industry analyst suggests. Genesis’ head of markets Noelle Acheson said Facebook’s pivot to acting as a metaverse company produced an immediate spike in the value of some metaverse platform tokens. MANA,… Read More
While finance may be the first killer app for blockchain, the technology has spawned many other concepts pertaining to decentralization. The IOUR Foundation is seeking to utilize blockchain to re-think and redefine the internet. In brief, IOUR wants to merge TCP/IP and blockchain, launching a… Read More
Waves.Exchange, a global cryptocurrency exchange, announced on Tuesday the launch of Decentralized Forex (DeFo) a new trading model powered by stablecoins. The platform will support seven currency-pegged digital assets at launch, which are USDN, EURN, JPYN, CNYN, RUBN, UAHN, and NGNN. Waves.Exchange also revealed all… Read More
Kira, a Singapore-based decentralized fintech, announced on Wednesday it secured $2.2 million through its latest investment round, which was led by BTC12 Capital. Founded in 2019, Kira describes itself as a next-generation hyperscale decentralized exchange engineered for cross-chain transfer and frictionless trading experience. “We… Read More
IDEX, a decentralized cryptocurrency exchange (DEX), announced on Thursday it secured $2.5 million through its seed investment round, which was led by G1 Ventures and Borderless Capital with participation from Collider Ventures, and Gnosis. IDEX claims it operates the world’s most technically advanced cryptocurrency… Read More
Klaytn, a blockchain project led by the South Korean Internet platform Kakao, announced on Wednesday it has formed a new partnership with Chainlink, a decentralized open-source oracle network that gives smart contracts secure and reliable access to data providers, web APIs, IoT devices, and payment… Read More
Celsius Network, a cryptocurrency lending, and borrowing platform, announced on Monday it has formed a new long-term partnership with Chainlink, a decentralized oracle network. According to Celsius Network, the partnership serves as a key way to further Celsius’ overall decentralization through the use of Chainlink’s… Read More
Tide Foundation just launched a data marketplace aimed at making privacy profitable. Tide’s blockchain protocol seeks to address costly GDPR compliance, compensation and data accuracy issues to drive a new consensual data economy. “While we all deserve a human right to privacy, we’re witnessing the disastrous results of… Read More
Canadian cryptocurrency platform Coinsquare announced on Thursday it has acquired global decentralized cryptocurrency exchange, StellarX. The acquisition of StellarX reportedly comes on the heels of Coinsquare’s December 2018 acquisition of BlockEQ, which will be rebranded to become the anchor wallet for the StellarX platform. According to Coinsquare, StellarX… Read More
BitTorrent, Inc., the company behind P2P communications protocol and products, BitTorrent and µTorrent, announced on Thursday the launch of its new token, which aims to expand upon its vision of a decentralized internet. According to BitTorrent, the new token, also called BitTorrent (BTT), will enable… Read More
The ICON Foundation, a decentralized network of blockchain communities, announced on Friday its sponsorship of a new accelerator program called ICX Station. According to ICON, ICX Station is designed to expand the power of the underlying ICON infrastructure, which is a scalable interoperable blockchain, as well as provide… Read More
Codex, a decentralized title registry for the $2 trillion arts and collectibles (A&C) asset class, announced on Monday it has welcomed new members of its Codex Ecosystem, which is described as a group of A&C stakeholders spanning the complete spectrum of all industry partnerships, including collectors,… Read More
On Thursday, tech startup Blockmason announced the launch of its new multi-currency expense sharing app, Lndr v1.1. The company previously revealed details about the app earlier this year. Lndr was notably developed as one of the fastest product deliveries on the blockchain and it is built… Read More
What goes around, comes around, seems to be one concept behind the UK-based MoneyCircles.com, a decentralized peer-to-peer lending app that allows circles of people to get together and mimic a credit union to save and lend with one another, based on a “common bond.” The company is the… Read More
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