In crypto winter, DeFi needs an overhaul to mature and grow
For DeFi to make a major comeback, projects must focus on enhancing consumer experience while utilizing sustainable incentive schemes, experts...
Day: March 7, 2023
Thailand to offer tax breaks for investment token issuers
The government of Thailand expects that investment token offerings could generate more than $3.7 billion in the next two years....
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
DeFi lending platform Tender.fi sees $1.59 million of assets drained by alleged white hat hacker taking advantage of a misconfigured...
WeChat integrates digital yuan into its payment platform
Chinese social media platform WeChat has incorporated the digital yuan in its payment app to boost the CBDC’s popularity. WeChat,...
China announces plans for new national financial regulator
The new administration will replace the current banking and insurance watchdog, which coincides with a more extensive government overhaul. The...
South Korea saw over $4B in unregistered crypto transactions in 2022
The money was aimed primarily at buying foreign crypto assets with the intention of selling them on the domestic market....
Hong Kong’s losses to crypto scams doubled to $217M last year: Report
Crypto-related scams in Hong Kong reportedly accounted for over 50% of the total $407 million stolen from city residents in...
Russian Court Sends 3 Crypto Robbers to Strict-Regime Prison
Three Russians are going to spend time in high-security prison for stealing over a million U.S. dollars’ worth of cryptocurrency...
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid...
White House ‘aware’ of the Silvergate situation, says spokeswoman
The spokeswoman said that she wouldn’t be commenting specifically on Silvergate, but the White House will be actively monitoring the...
9 essential finance terms you must know
Boost your financial literacy with nine essential terms. From interest to assets, improve your money management skills. Financial literacy is...
BTC may need to dip to $19.3K to cool Bitcoin profit-taking — new data
Bitcoin short-term holders have been getting active, and their profitability may be underscoring current support and resistance levels, Glassnode reveals....
DAO gets legal recognition in the US as Utah DAO Act passes
The Utah State Legislature passed the Utah DAO Act, granting DAOs legal recognition and limited liability protections. The Utah State...
Argo increases Bitcoin production despite BTC difficulty growth
Argo’s daily Bitcoin production rate in February surged 7% despite a 10% month-over-month increase in average network difficulty. Publicly-listed Bitcoin...
Algodex reveals wallet infiltrated by ‘malicious’ actor as MyAlgo renews warning: Withdraw now
Crypto exchange Algodex and wallet provider MyAlgo have both suffered security breaches in the last few weeks. Algorand-based wallet provider...
