Fragmentation in DeFi: DeFi’s liquidity challenge
Yet, as with any transformational shift, growing pains are inevitable. Among these, fragmentation, particularly in terms of liquidity, casts a...
Month: October 2023
Circle to phase out consumer accounts, but business and Mint will remain
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out. Stablecoin issuer Circle will...
Tether attestation shows cash and cash equivalents of 86% as loans decline
Tether’s newest reserve attestation shows the highest-ever percentage of cash equivalents, with most reserves consisting of U.S. T-bills and repurchase...
NFT projects: Keep your community engaged with these 12 tips
An engaged, loyal community is an essential ingredient in the long-term success of an NFT project. The members of a...
‘Sodl’ too soon: US gov’t missed Bitcoin gains now total $6B
The second-biggest BTC “investor” in the world after Satoshi Nakamoto is staring down 10-figure losses. Bitcoin (BTC), worth over $7.2...
SBF says spending FTX customers’ money was part of ‘risk management’: Report
At the time of bankruptcy, FTX faced a shortfall of $8 billion owed to its customers. Sam “SBF” Bankman-Fried, the...
Ethereum layer 2s will continue to have diverse approaches to scaling — Vitalik Buterin
Ethereum co-founder Vitalik Buterin pens an analysis of Ethereum’s layer-2 ecosystem, highlighting diverse approaches to scaling the smart contract blockchain....
Slumdog billionaire: Incredible rags-to-riches tale of Polygon’s Sandeep Nailwal
Growing up in poverty in a Dehli ghetto, with an alcoholic father, Sandeep Nailwal went on to found the $6B...
From payments to DeFi: A closer look at the evolving stablecoin ecosystem
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape. The rise of...
Crypto startup Bastion secures money transmitter licenses in US
Launched in September by two former Andreessen Horowitz executives, Bastion has acquired its first two money transmitter licenses in New...
Crypto’s phoenix moment: Rising stronger amidst scandals and volatility
Despite the remaining challenges and uncertainties, there emerges a guarded optimism enveloping the sector, symbolizing its resilience and adaptive nature....
Sam Bankman-Fried lawyers pitch for changes to judge’s jury instruction
Bankman-Fried’s attorneys have made several requests in the past few months, ranging from early bail to vegan food and prescription...
Web3 wallet Backpack to launch VASP-licensed crypto exchange in Dubai
The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the...
TikTok, Snapchat, OnlyFans and others to combat AI-generated child abuse content
Major social platforms, AI companies, governments and NGOs issued a joint statement pledging to combat AI-generated abusive content, such as...
Bulgaria’s oldest football club adopts Bitcoin and Lightning, joins Nostr
Football meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC. Bitcoin (BTC) has netted another adoption...
