• 27 November, 2024

Tag: DeFi News

A subset of the bitcoin and blockchain businesses called “decentralized finance,” or “DeFi,” is devoted to offering a decentralized version of traditional financial possibilities. In the modern world, financial institutions give their clients access to options like loans and cash storage. These services are, however, controlled by centralized organizations.

DeFi solutions frequently give customers greater flexibility in terms of how they store and manage their own assets.In addition, DEXs, as opposed to trading on centralized digital asset platforms, further decentralize the trade of digital assets. We bring the latest and most transparent DeFi news to our readers out there. Our writers review and write about the best DeFi projects out there, bringing out the pros and cons and the potential impact of DeFi.

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Apple Removes Jack Dorsey-Backed Damus Over Bitcoin Tipping

Apple Removes Jack Dorsey-Backed Damus Over Bitcoin Tipping

Damus, a decentralized social media platform known for its support of payments over the blockchain‘s lightning network, has been removed

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Hong Kong Virtual Asset Consortium’s New Index Includes ADA, DOGE & BNB

Hong Kong Virtual Asset Consortium’s New Index Includes ADA, DOGE & BNB

The Hong Kong Virtual Asset Consortium recently unveiled a new index called the Crypto Large Market Cap Index, which tracks

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Deaton Highlights SEC’s Impact on Ripple and XRP’s Progress

Deaton Highlights SEC’s Impact on Ripple and XRP’s Progress

John E. Deaton, a renowned legal expert and advocate for Ripple and its native cryptocurrency XRP, recently brought attention to

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Global X Blockchain & Bitcoin Strategy ETF (BITS) Surges to New 52-Week High

Global X Blockchain & Bitcoin Strategy ETF (BITS) Surges to New 52-Week High

In a notable development for cryptocurrency enthusiasts and investors, the actively managed fund, Global X Blockchain & Bitcoin Strategy ETF

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HSBC Hong Kong To Allow Customers To Invest In Crypto ETFs

HSBC Hong Kong To Allow Customers To Invest In Crypto ETFs

The HongKong and Shanghai Banking Corporation (HSBC) enabled crypto investments for its customers in Hong Kong earlier today. Customers of

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Binance Abandons Registration Plans in Austria Amid Regulatory Scrutiny

Binance Abandons Registration Plans in Austria Amid Regulatory Scrutiny

Amid rising tensions from a US SEC lawsuit, Binance has abandoned its registration plans in Austria. According to a German

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Crypto Analyst Uncovers WETH-Related Scam, Warns Crypto Investors

Crypto Analyst Uncovers WETH-Related Scam, Warns Crypto Investors

Blockchain analytics firm Lookonchain has issued a warning about a new type of scam that manipulates the perception of cryptocurrency

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Cardano Founder Hoskinson Denies Past Ripple Internship, Clarifies Confusion

Cardano Founder Hoskinson Denies Past Ripple Internship, Clarifies Confusion

In a surprising turn of events, Charles Hoskinson, the founder of Cardano, has addressed rumors regarding his alleged past internship

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XRP Lawyer Criticizes Gary Gensler: Calls for Regulatory Clarity Crypto Market

XRP Lawyer Criticizes Gary Gensler: Calls for Regulatory Clarity Crypto Market

John Deaton, an XRP lawyer described Gensler as a “bad faith regulator” and suggested that the Biden administration might eventually

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Euro-Denominated Transactions Go Live With JPMorgan’s JPM Coin

Euro-Denominated Transactions Go Live With JPMorgan’s JPM Coin

Wall Street’s JPMorgan expanded its flagship crypto offering, the JPM Coin, to include Euro-denominated payments earlier today. The traditional finance

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Cosmos, dYdX V4 Set to Redefine the DeFi Derivatives Landscape

Cosmos, dYdX V4 Set to Redefine the DeFi Derivatives Landscape

As per the best-in-class research report producer Nansen Research, Cosmos, and dYdX v4 are set to redefine the DeFi derivatives

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DeFi’s Institutional Adoption is ‘Many Years Away:’ BlackRock Inc. Executive

DeFi’s Institutional Adoption is ‘Many Years Away:’ BlackRock Inc. Executive

Global investment manager BlackRock Inc.’s head of strategic partnerships Joseph Chalom reportedly said on Thursday at the State of Crypto