Struggling Swiss Crypto Valley Seeks Gov Aid

Switzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail […]

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Bitcoin Smart Contract Solution RSK Sees New Stablecoin and Leveraged Token

A startup launched a leveraged token and a decentralized stablecoin on Rootstock, a smart contract solution based on Bitcoin’s blockchain. A startup has launched a leveraged token and a decentralized stablecoin on Rootstock (RIF), a smart contract solution based on Bitcoin (BTC)’s blockchain. According to an announcement shared with Cointelegraph on April 21, Bitcoin-based decentralized […]

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DYdX’s Generates $1B in DeFi Loans Over One Year

DYdX’s billion-dollar milestone comes amid a challenging period for DeFi, with MakerDAO recently completing its debt auction and dForce suffering a 99.95% loss to hackers. Decentralized finance — of DeFi — lending protocol dYdX has produced more than $1 billion in loans since launching one year ago. The milestone was driven by consecutive monthly all-time […]

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