DeFi

Asia, led by the proactive initiatives of Singapore and Hong Kong, is swiftly becoming a hub for well-defined cryptocurrency regulations. Ong Chengyi, the Head of APAC Policy at Chainalysis, emphasized the similarity in both jurisdictions’ commitment to upholding rigorous regulatory standards and fostering a conducive atmosphere for digital asset enterprises. In sharp contrast, the...

In an exclusive announcement, OKX Group’s Commercial Director, Jimmy Lai, discloses that the company stands on the brink of securing a coveted cryptocurrency license in Hong Kong. With ambitious plans in mind, OKX Group is poised to draw a substantial wave of retail investors, targeting a range of 100,000 to 200,000 individuals in Hong Kong. […]

Welcome to the world of decentralized finance (DeFi), where financial services and tools, such as investments, lending, borrowing, trading, tokenized real estate, and insurance, are made available through decentralized websites. In contrast to traditional centralized finance, where banks and financial institutions typically act as intermediaries, DeFi operates on a peer-to-peer basis...

PayPal’s entry into the world of cryptocurrencies highlights two key points. Firstly, it underscores the urgency for major financial firms to embrace the crypto revolution. By introducing its own stablecoin, PayPal now provides over 400 million users with seamless access to digital assets, enhancing their ability to invest. Unlike opting for established stablecoins like Tether […]

In the landscape of cryptocurrency adoption, El Salvador stands witness to widespread awareness of Bitcoin; however, its practical utilization remains relatively modest, barring some exceptions seen in popular tourist destinations. On a parallel note, Argentina’s economy grapples with escalating inflation rates, a backdrop that amplifies the surge in Bitcoin adoption within the nation...

A new social application based on cryptocurrency was launched on August 10, and since then it has gained rapid traction within the crypto Twitter community. The social application was named ‘Friend.Tech’, and it is exclusively available on mobile devices. It is built on or established on the recently introduced Layer 2 blockchain, known as Base. […]

During a court appearance on Tuesday, Sam Bankman-Fried reaffirmed his not-guilty plea in relation to fraud and money laundering charges connected to the downfall of his cryptocurrency enterprise, FTX, the previous year. In the Southern District of New York courthouse, the FTX founder was formally presented with the charges contained in a new indictment. The […]

Aptos, a dynamically scalable Proof-of-Stake Layer 1 blockchain, stands as the brainchild of Aptos Labs, a visionary blockchain startup guided by the expertise of two former Meta Engineers. Notably, on October 17, 2022, the Aptos mainnet, affectionately known as “Aptos Autumn,” embarked on its remarkable journey. This cutting-edge blockchain introduces an array of groundbreaking...

Savings accounts have traditionally served as secure repositories for long-term wealth. Yet, the emergence of crypto savings introduces a new avenue for investors to consider. Tailoring your decision to your financial objectives and risk tolerance, opting for a crypto savings account could present an enticing alternative. Crypto Savings vs. Traditional Savings A conventional savings account...

Discovering the year’s most promising crypto investments is a quest every investor seeks. Here’s a quick snapshot of 2023’s standout performers: Bitcoin, Ethereum, Solana, Bitcoin Cash, Ripple, and Stellar. These cryptocurrencies present distinct advantages, spanning Bitcoin’s rarity and liquidity, Ethereum’s smart contracts, Solana’s swift transactions...