DeFi News – Decentralized Finance & Crypto
Key Insights: In a move closely monitored by economic experts and analysts, the Bank of England has decided to end its consecutive series of 14 interest rate hikes, firmly holding Continue Reading →
Key Insights: SkyBridge Capital, led by Anthony Scaramucci, has emerged at the forefront of bidders for SVB Capital, Silicon Valley Bank’s venture capital arm. SVB Financial Group, once the overseeing Continue Reading →
Key Insights: The Australia and New Zealand Banking Group (ANZ), a formidable player in the financial sector, is poised to launch its Australian dollar-pegged stablecoin, A$DC. The bank’s recent successful Continue Reading →
Key Insights Mike McGlone, a strategist at Bloomberg Intelligence, recently shed light on a concerning trend in the crypto world. The leading cryptocurrency, Bitcoin, witnessed a 15% decline in the Continue Reading →
Key Insights: In collaboration with payment processors Worldpay and Nuvei, Visa has launched pilot projects. These are geared towards refining cross-border payment systems. The projects focus on expanding stablecoin settlements, Continue Reading →
Key Insights: Anatoly Aksakov, chair of Russia’s parliamentary financial committee, has declared that the role of traditional banks is expected to diminish as central bank digital currencies (CBDCs) and blockchain Continue Reading →
Key Insights: The European Central Bank (ECB) has given a nod of approval to the European Commission’s (EC) recent legislative suggestions concerning the digital euro. These proposals could place Europe Continue Reading →
Key Insights: Canada, in its distinctive stride within the digital finance realm, offers a perspective few might expect. According to a fresh report from the Bank of Canada, the majority Continue Reading →
Key Insights: The digital age has seen the banking industry unlock the Internet of Things (IoT) capabilities, leading to a service revolution. IoT’s emergence has empowered smart banking, creating avenues Continue Reading →
Key Insights: Shinhan Bank of Korea and SCB Tech X, a subsidiary of Siam Commercial Bank, have completed a proof of concept (PoC). This PoC focuses on applying stablecoins on Continue Reading →
Key Insights: As the crypto market thrives in South Asia, Gibraltar-based Xapo Bank is joining the race, bringing its unique blend of traditional banking and cryptocurrency services to the region. Continue Reading →
Key Insights: In an unexpected twist, the European Investment Bank (EIB), the world’s largest multilateral lender, has been hit by a significant cyber attack. On June 19, the EIB acknowledged Continue Reading →
Key Insights: In a significant development, Custodia Bank has achieved a pivotal victory in its litigation against the Federal Reserve and the Federal Reserve Bank of Kansas City. Dismissal requests Continue Reading →
Key Insights: Binance, a renowned player in the cryptocurrency exchange realm, is actively exploring avenues to meet the rising demand for enhanced security measures following the recent downfall of FTX. Continue Reading →
Ever since the failure of Silicon Valley Bank, the price of Bitcoin has seen a bullish trend. Just before the failure of SVB, Bitcoin was trading at $19,600. As soon Continue Reading →
When it comes to the financial crisis, the banks in the USA are taking some lessons from historical occurrences. The governments and Central Banks are not the only institutions that Continue Reading →
Bitcoin prices are increasing and crossing one crucial threshold after another. Bitcoin is currently trading at around $28K. It is important to mention that Bitcoin prices have kept increasing since Continue Reading →
Credit Suisse was shrouded in management issues and controversies since 2022. The recent fall of three US banking lenders increased the concerns around the demise of this institution. Increasing concerns Continue Reading →
There is some strain between crypto and traditional financial sectors about the matter of the latest banking collapses. It has been established that the three traditional banking enterprises that faced Continue Reading →
All deals come with a bargain, and in the world of business, there is no such thing as freebies and charitable giveaways. Invoking such ideas, Reuters has published a new Continue Reading →
Thus far, three major banking enterprises in the USA have been shut down. However, government agencies have come forward to take stock of the situation and offer bailouts for the Continue Reading →
In an interview on Tuesday, Circle’s boss Jeremy Allaire pointed out the irony of the traditional banking system disrupting the broader crypto industry. Allaire said there had been talks about Continue Reading →
The failure of Silicon Valley Bank and Silvergate Bank has jolted the US financial industry into the midst of economic turmoil. According to Robert Kiyosaki, author of “Rich Dad, Poor Continue Reading →
In the past few years, blockchain technology initiated a peer-to-peer electronic cash system that became the guide for the remaining digital assets in the crypto space. The masses are largely Continue Reading →
A standard version of applications operated by the Ethereum network mainly, powered by smart contracts and essentially based on the blockchain network, is known as decentralized applications or DApps. The Continue Reading →
