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Dollars in the Lightning Network
The innovation, dubbed Stablesats, uses derivative contracts to create a synthetic dollar backed by Bitcoin and pegged to the USD.Dollars at the click of a button on the Lightning Network could soon be a reality. An innovation from Galoy, the provider of basic open source banking platforms like the ...
crypto (NFT)
Zipmex gradually resumes withdrawals from its Z Wallet
Zipmex customers can withdraw Solana - SOL from their wallets starting Tuesday and will be able to withdraw XRP and Cardano - ADA from Thursday, August 9, the company said.Fed requires Voyager to withdraw false claims that deposits are FDIC insuredCryptocurrency exchange Zipmex, which operates in Th...
crypto (NFT)
UK FCA cracks down on high risk asset listings
The FCA has finalized stricter rules to help tackle misleading advertisements that encourage investment in high risk products. The regulator's attempt to reduce the number of people who invest in high-risk products is due to concerns that a significant number of people do not understand the risks em...
crypto (NFT)
Binance announces the launch of its crypto card in Argentina
Binance made the announcement for the first time on March 26 this year, however, it first had a test stage during the month of April so it was only available in Malaysia.Now offers its Binance Card to its community in Argentina. This was announced by the company through its account on the social net...
crypto (NFT)
Zipmex resumes withdrawals for trading wallets
Zipmex said its Thailand-based users would be able to make withdrawals from their trading wallet, and the feature is expected to be reactivated this afternoon for customers in other countries. The cryptocurrency exchange had disabled withdrawals since Wednesday, citing a combination of circumstances...
crypto (NFT)
Turkish Cryptocurrency Exchange Joins COPA to Fight Patent Trolls
The non profit organization is in favor of a more community approach when it comes to intellectual property. Its members include prominent cryptocurrency companies such as Coinbase, Block, and Aquarius.Meta Joins Patent Alliance, Promising Free Cryptocurrency Patents for AllCOPA aims to abolish pate...
crypto (NFT)
Vladimir Putin signs a bill banning digital assets as payment
US Diplomats Call on Japan Crypto Exchanges to Cut Ties with RussiaVladimir Putin has signed a bill banning the use of digital financial assets as a payment method, more than a month after it was introduced in the lower house of the country's Parliament.Effectively making it illegal to use cryptocur...
crypto (NFT)
The Bank of Russia opposes private stablecoins in the country
An unnamed central bank representative dismissed talks on Russia based stablecoins, started last week by the director of the finance ministry's financial policy department, Ivan Chebeskov.The Moscow Stock Exchange is a good platform for cryptocurrency trading, according to a Russian lawmakerIn a new...
crypto (NFT)
UK government explores DeFi with a focus on staking and lending
The DeFi ecosystem gained recognition from the UK government as it sought public input on the taxation of the DeFi ecosystem, especially staking and lending.Welcome to Finance Redefined, your weekly dose of key information on decentralized finance DeFi, a newsletter put together to bring you some of...
crypto (NFT)
The Italian government will grant USD 46 million for projects with Blockchain te...
The Italian Ministry of Economic Development has announced that certain blockchain projects will be able to apply for up to $46 million in government grants starting in September.The fund will have an initial budget of 45 million euros - approximately USD 46 million at the time of publication - for ...
crypto (NFT)
Yuga Labs breaks the silence, X2Y2 overtakes OpenSea
The BAYC conspiracy theory was brought to light again on June 20 after YouTuber Philion posted a video exploring alleged evidence artist Ryder Ripps initially collected earlier this year.Yuga Labs has finally broken its silence on the conspiracy theory alleging that the team embedded far-right and N...
crypto (NFT)
Future generations are already adapting to living without physical money
In this context, the Covid-19 pandemic has accelerated the transition to the cashless future, shaking the digital payments industry and bringing a series of changes and challenges for both merchants and consumers.Transforming Amid Turbulent Undercurrents, conducted by McKinsey & Company, shows that ...
crypto (NFT)
