The Chinese government is supporting a new global DeFi association. Amid the ongoing craze around decentralized finance, or DeFi, a blockchain startup in China is launching a global DeFi initiative. Conflux Network, a permissionless blockchain startup, has launched a new DeFi-focused association focused on international cooperation of major industry players. Called “Open DeFi,” the new […]
Continue Reading
Discussions.app and Telos will collaborate on tools to record Twitter and other social media accounts and contacts to the blockchain enabling migration between platforms. Reddit-inspired social aggregation platform Discussions.app announced its expansion to the Telos network on Sept. 3. The first project to come out of the new collaboration will be a decentralized identity system, […]
Continue Reading
Three Representatives are calling on the Secretary of Commerce to study blockchain for consumer protection. A trio of United States House Representatives — two Democrats and a Republican — have officially introduced a new bill to spur more in-depth analysis of blockchain technology in Congress. On Sept. 1, Rep. Darren Soto (D-FL), Rep. Brett Guthrie […]
Continue Reading
Crypto exchange giant Binance makes another move into DeFi with new token swapping liquidity platform Crypto exchange giant Binance is delving deeper into the world of DeFi-style products with its latest offering, an automated market maker called Binance Liquid Swap. Aimed directly at Uniswap and its clones, Binance will launch an AMM liquidity pool that […]
Continue Reading
Ripple’s Japanese partner wants to lead financial innovation in the country. SBI Holdings, Japanese financial giant and a major blockchain-focused institution, is reportedly planning to set up a blockchain-based digital stock exchange. Yoshitaka Kitao, president and CEO at SBI Holdings, announced the company’s plans to collaborate with Osaka Prefecture to establish a new global financial […]
Continue Reading
Weakness across macro indices draws frightening comparisons to the Wall St. Crash, exactly 91 years to the day that markets began to die. Bitcoin (BTC) may be testing $10,000 but further losses would not be unusual, says an asset manager on the 90th anniversary of the Wall St. Crash. In a tweet on Sep. 4, […]
Continue Reading
Food and wine fraud costs Australians $1.7 billion, but government and industry experts say blockchain could be the solution A supply chain forum featuring local experts and government officials has advocated using blockchain technology to fight the $1.7 billion worth of food fraud annually harming Australia’s primary sector. Blockchain Australia deputy chair Rob Allen moderated […]
Continue Reading
DAML smart contract language is now used for digital bonds. Singapore Exchange (SGX), a major investment holding company in Singapore, has issued its first digital bond powered by blockchain technology. As officially announced on Sept. 1, SGX deployed its digital asset issuance platform to conduct a 400 million Singapore dollar ($294 million) 5.5-year public bond […]
Continue Reading
‘DeFi yields and interest rates are clearly a vacuum sucking in a lot of stablecoins,’ says Coin Metrics’ Nic Carter. The rise of DeFi protocols and the demand for tokens in liquidity pools may be contributing to a huge surge in the supply of stablecoins. According to an Sept. 3 tweet from Coin Metrics co-founder […]
Continue Reading
After four years, ConsySys’ has launched a mobile application for its MetaMask wallet. Popular Ethereum (ETH) browser wallet MetaMask has launched a mobile application for both iOS and Android. MetaMask users can now manage their cryptocurrency wallets, store non-fungible tokens (NFTs), sign messages, and play blockchain-powered games from their mobile devices. Users of the wallet’s […]
Continue Reading