The Non-Fungible Token (NFT) space has evolved beyond the point where users hold the tokens for speculative purposes, trade them, or use them in native ecosystems. NFTs are typically used in their native ecosystems. For example, NFTs can be...
Web3 is altering the concept of the internet as we know it and the projects that are built on it. With Web3 Technology, users can benefit from a decentralized internet that gives them complete control over their data. They...
The latest issue of the Macroprudential Bulletin, published by the European Central Bank (ECB), focuses on financial risks associated with cryptocurrencies, particularly those linked to stablecoins and DeFi platforms, as well as the threat posed to goals for the...
The troubled cryptocurrency lending company, Celsius, has paid off its final significant debt. Data from Etherscan shows that Celsius returned $50 million to decentralized finance (DeFi) lending platform Compound in the form of DAI, MakerDAO's stablecoin tied to the...
The governor of the French central bank, François Villeroy de Galhau, announced on July 12th that the French central bank, Banque de France, has begun the second phase of testing for a wholesale CBDC, which may be used to...
The UK government is seeking public opinion on how to tax loans and staking for crypto assets in the context of decentralized finance (DeFi). The government is particularly keen on learning more about the taxes on crypto-asset loans and...
Despite warning against cryptocurrencies, the International Monetary Fund (IMF) has pointed out that digital assets could be useful replacements for traditional financial instruments. According to a blog post, some cryptocurrencies and central bank digital currencies (CBDCs) may be more...
As we eagerly await the transition to a more secure and censorship-resistant website that gives users complete control over their data, it is critical to understand how we can profit from this new decentralized internet. The fantastic thing about...
The issuer of the largest US dollar-pegged stablecoin, Tether, announced in a press statement that it plans to expand its services by introducing GBPT, a stablecoin pegged to the British pound. The token, scheduled for launch in July, will...
Circle Internet Financial, the company behind USD Coin (USDC), announced the introduction of Euro Coin (EUROC) on June 16. Euro Coin is a stable coin tied to the euro that will be available to the general public starting June...
