How should DeFi be regulated? A European approach to decentralization
The question for DeFi regulation: Is there an “owner” of the platform who can be held accountable for complying with the regulations? Go to Source Powered by WPeMatico
Month: January 2022
New Payment System Seeking to Bolster Intra-African Trade Goes Live
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system, the Pan-African Payment and Settlement System (PAPSS), recently went live in … Read more
Finance Redefined: Secret’s $400M fund, and 1inch expanding, Jan. 14–21
Secret Network launched a $400 million DeFi fund and 1inch integrated Avalanche and Gnosis protocols — all coming to you in this week’s Finance Redefined. Go to Source Powered by WPeMatico
Despite the Drop in Crypto Prices, Weekly NFT Sales Reach $4.7 Billion, Increasing 81%
While crypto markets shed billions during the last seven days, non-fungible token asset sales are still up 81% since last week. Statistics indicate $4.7 billion in NFT sales were settled in seven days among 326,733 buyers, and Ethereum saw a continued rise in NFT sales volume. NFT Sales Remain Strong Despite Crypto Market Price Reversal … Read more
Buyback-and-burn: What does it mean in crypto?
When considering price volatility in digital marketplaces, buyback-and-burn strategies in crypto offer long-term price stability and token value growth. Go to Source Powered by WPeMatico
NFTs: Forget apes and penguins — Let’s talk diapers, hardware and museums
Nonfungible tokens represent a seachange of strategic opportunities for brand marketers as they look to engage their prospects and customers. Go to Source Powered by WPeMatico
Bitcoin Price Slips Below $36K, BTC Dominance Increases, Billions Leave Crypto Economy
The price of bitcoin tapped a new low this year hitting $34K per unit at just after 5 a.m. (EST) on Saturday morning. Bitcoin is now down over 48% lower than its all-time high (ATH) reached two months ago on November 10, 2021 — when it jumped above the $69K mark. During the last week … Read more
Introducing Next Earth: The User-Governed Metaverse
2022 is ramping up to a buzzing year for the metaverse. Upcoming projects like Next Earth aim to usher in a new era of user-governed virtual worlds. Next Earth is a metaverse that uses blockchain technology to manage virtual land NFTs on a 1:1 replica with Earth. This allows users to buy, sell, and trade … Read more
Russian Banks Begin Testing Digital Ruble Payments
Banks in Russia are preparing to dive into the pilot phase of the digital ruble project and some are already testing transactions with the currency. Trials have started with customer-to-customer (C2C) payments and Bank of Russia plans to expand the types of operations in the future. Digital Ruble Pilot Launches With 12 Participating Banks The … Read more
BTC price falls to $34K as Bitcoin RSI reaches most ‘oversold’ since March 2020 crash
It’s looking more and more like a capitulation, but so far, open interest remains “unflushed,” analysts warn. Go to Source Powered by WPeMatico