The SEC has relaxed rules that once prioritized net worth over financial sophistication. The Securities and Exchange Commission, or SEC, is now amending its definition of an “accredited investor” to relax the purely wealth-based requirements, after announcing such plans in December 2019. Accredited investors in the U.S. enjoy special privileges with the SEC — namely […]
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In addition to the Indian P2P market surging in recent months, the country’s DeFi sector has been gaining momentum. Even as fears of another blanket ban on India’s digital asset market linger on, peer-to-peer Bitcoin trading within the Asian powerhouse is still surging, hitting all-time highs over the first week of August. This immense growth […]
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The Libra association member will enable secure Solana staking. Blockchain infrastructure provider Bison Trails has expanded its integration with Coinbase Custody to allow the staking of Solana tokens. In an Aug. 27 announcement, Bison Trails stated that Coinbase Custody users would be allowed to delegate Solana (SOL) tokens to Bison Trails’ enterprise-grade validators. Bison Trails […]
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How do Compound and Kava differ from other popular DeFi projects, and why did Binance select them as its first DeFi integration protocols? Compound Finance and Kava Labs were chosen as Binance’s two integration partners for the leading cryptocurrency exchange taking its first step into decentralized finance by launching DeFi staking. Time will tell if […]
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Despite DeFi’s meteoric growth, only half a dozen projects represent more than 90% of the capital locked in the sector. The total value of capital locked in decentralized finance (DeFi) protocols has increased 271% in less than two months to surpass $7 billion for the first time, according to DeFi Pulse. If the current rate […]
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Everledger’s partnership with JD.com will allow buyers in China to purchase diamonds knowing their origins. DLT supply chain firm Everledger is partnering with local Chinese diamond sellers to ensure customers only receive genuine gemstones. In an Aug. 25 announcement, Everledger, a global digital registry for diamonds, said it would be working with Chinese e-commerce giant […]
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Delegated price feed oracles are coming to the Tezos ecosystem. Popular staking platform Tezos has taken a step closer to decentralized finance with the integration of Harbinger price oracles. Harbinger is a project that delivers signed price feeds based on real time market data from multiple exchanges. The on-chain data will be fed directly to […]
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Aave (LEND) rallied to a new all-time high at $0.77 after receiving an Electronic Money Institution license from the UK Financial Conduct Authority. In the last 24-hours Aave (LEND) token rallied to a new all-time high after surging 30% from $0.59 to $0.77. The strong upside move comes as Bitcoin (BTC) and most altcoins are […]
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The race for first place in DeFi’s total value locked heats up. The statistics for total value locked, or TVL, in decentralized finance are being rocked by Aave (LEND), a lending protocol that has now taken MakerDAO’s mantle as the most popular destination for Ethereum-based assets. According to data from DeFi Pulse, Aave holds $1.44 […]
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One project’s founder controls 71% of its voting power. Curve Finance is currently the third largest DeFi protocol, with a total value locked, or TVL, of $1.1 billion. Recently the community realized that the project’s founder, Michael Egorov, had leveraged over 71% of the voting power, ultimately leading to backlash from the community. Andre Cronje, the […]
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