Decentralized Finance or commonly known as DeFi has become one of the most rapidly expanding sectors within the blockchain and crypto ecosystem. According to recent data, the TVL or total value locked in all the DeFi protocols is estimated to be around a staggering amount of $130 billion. TVL is a rather important metric, because …
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We present to you the top headlines from 26/10/21 impacting the blockchain and crypto space so you can stay informed and updated on the latest information. Mastercard to offer crypto payments service for customers through alliance with Bakkt The global payments giant Mastercard has recently revealed that the thousands of fintech forms, US banks and …
Continue reading “DAY LONG NEWS ROUNDUP: LATEST NEWS 26/10/21”
A popular crypto analyst says the memecoin Shiba Inu has more upside potential while predicting rallies for three additional altcoins. Pseudonymous trader Altcoin Sherpa tells his 138,500 Twitter followers that Dogecoin competitor Shiba Inu (SHIB) is gearing up for a rally to a new all-time high at $0.00005. ADVERTISEMENT “SHIB: If I were around …
South Korea’s public pension fund, the Korean Teachers’ Credit Union (KTCU), is reportedly looking to gain exposure to Bitcoin (BTC) via a crypto exchange-traded fund (ETF). KTCU, one of the largest institutional investors in South Korea, is considering investing in a pure Bitcoin ETF or Bitcoin-linked ETFs in the first half of 2022, local news …
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The Stellar Development Foundation (SDF), the non-profit supporting the Stellar network, announced yesterday that Flutterwave, a global payments technology company, has launched two new remittance corridors between Europe and Africa on the Stellar network. Flutterwave would leverage the Stellar network and Stellar-based USD Coin to simplify remittances in Africa. Remittances are currently a multibillion-dollar market …
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Through central banking, the U.S. government has already demonstrated it has access to infinity money printing. If it launches a CBDC – central bank digital currency – what would that mean for the value of crypto assets? Why Would a Digital Dollar Be Useful? Have you ever wondered why you can make bank transfers via …
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Bitcoin development firm Blockstream and the infamous Reddit community WallStreetBets have teamed up to build a new DeFi product that facilitates securities trading on the Bitcoin network, announced WSB founder Jaime Rogozinski in an event yesterday. The day WallStreetBets turned to Bitcoin The WallStreetBets decentralized application (WSBDApp) would launch the novel DeFi products onto the …
Continue reading “WallStreetBets dApp to launch retail funds on Bitcoin’s Liquid Network”
Worldcoin, a new startup founded by OpenAI CEO Sam Altman, theoretical physics student Alex Blania and former investment associate at Bridgewater Associates Max Novendstern, uses iris recognition devices called “Orbs” to scan people’s eyes in exchange for free cryptocurrency. The project claims to be committed to giving Worldcoin to everyone on Earth, but, according to …
The Bank Of Spain has finally opened the mandatory registry for Virtual Asset Service Providers (VASPs) in the country. The bank also dispelled doubts that financial institutions had regarding whether they had to apply for the registry given they already comply with AML legislation. All institutions and persons must apply for the registry if they …
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The budget law for the next year, which was recently approved by the Colombian representative’s chamber, includes a controversial article that allows the state to confiscate a bank customer’s funds to be used for budgetary purposes. Under certain circumstances defined by the law, these could funds may be retrieved if the account holders’ prove their …
press release PRESS RELEASE. A crypto platform Crypto Gaming United (CGU), which has joined the crypto exchange TimeX on the 18th of october, made $2.5 million in a record-breaking six seconds since public token trading began. One of the co-founders of the project is a crypto-currency, DeFi and blockchain app entrepreneur Sergei Sergienko born in …
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An emerging crypto strategist and trader is unveiling a huge price target for Bitcoin in the coming months as he believes the crypto asset is mirroring its 2017 bull market. The crypto analyst, TechDev, tells his 107,500 followers that the current price action of Bitcoin (BTC) looks very similar to its 2017 parabolic run when …
The Dubai Financial Services Authority (DFSA) has established a regulatory framework for investment tokens as part of its efforts to stimulate the digital financial and technological environment while also meeting market players’ demands and requirements. The DFSA is an independent regulatory body in Dubai that is in charge of monitoring and regulating financial services companies …
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British cryptocurrency services provider Crypterium is the latest crypto firm to secure registration from the United Kingdom’s Financial Conduct Authority (FCA). Crypterium officially announced on Oct. 25 that it has recently been registered by the FCA to provide cryptocurrency services to local citizens and companies, becoming one of few companies to have passed the registration process. …
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Bitcoin (BTC) investment vehicle the Grayscale Bitcoin Trust (GBTC) outperformed the newly-launched exchange-traded funds (ETFs) last week, data shows. Figures shared by Grayscale executives among others confirm that GBTC quietly delivered better investor returns since Oct. 19. Grayscale “discount” hits one-month lows While talk continues to revolve around Bitcoin futures ETFs and their market impact, …
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