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” Liquidity protocol uses stablecoins to ensure zero impermanent loss “ At a time when the decentralized finance (DeFi) protocols have seen a significant outflow of funds from the market, maintaining liquidity has become even more challenging. Liquidity plays a central role in the DeFi ecosystem, and many protocols over time have come up with…
” Binance fined $3M over illegal operations in the Netherlands “ Major global cryptocurrency exchange Binance is facing a penalty in the Netherlands after failing to obtain regulatory approval to operate in the country. The central bank of the Netherlands (DNB) has fined Binance Holdings 3.3 million euros ($3.3 million) for offering local crypto services…
” Time to accumulate? 5 sectors to watch during crypto winter “ It’s weird to think that anyone could look forward to downturns in the crypto market, but that is precisely the position held by many developers and project creators who enjoy the low-pressure environment that exists during a bear market. As the saying goes,…
” Finance Redefined: DeFi market fell off the cliff in Q2, but there’s hope “ Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week. This past week, the DeFi ecosystem saw several new developments despite a…
” BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams “ BNB Chain has launched a new platform, DappBay, to discover new Web3 projects with a novel feature called Red Alarm. The new alarm assesses project risk levels in real time and alerts users of potentially risky decentralized applications (DApps), according…
” 3 reasons why Bitcoin is struggling to flip $20K to support “ The positive gains recorded in the first ten days of July have all but disappeared on July 13 as Bitcoin (BTC) and the wider market slid back toward new yearly lows. Subdued action in the market can be traced back to a…
” Binance users support 0-fee trading despite CZ’s wash trading concerns “ Both traditional and crypto investors consider trading fees as one of the most significant liabilities when it comes to investing over exchanges. So no wonder when Changpeng “CZ” Zhao, the founder and CEO of Binance, asked investors about their interest in trading on…
” Binance gets crucial license for its Spanish subsidiary from the Bank of Spain “ Crypto exchange Binance has been registered as a virtual asset service provider (VASP) by the Bank of Spain. This allows the exchange to offer custody and crypto exchange services in the country legally. Binance said in an announcement on Friday…
” Policy think tank asks Philippine government to ban Binance over promotions “ Binance responded to the letter saying that they take compliance seriously and are looking to secure licenses in the country. <p>Local think tank Infrawatch PH has sent a letter to the Philippines’ Department of Trade and Industry (DTI), urging the government agency…
” NFTs to authenticate racing car parts: Nifty Newsletter, June 29–July 5 “ In this week’s newsletter, read about Binance’s partnership with the most-followed TikToker Khaby Lame. Check out how Vincenzo Sospiri Racing will use NFTs to authenticate car parts and how NFTs will gradually appear on Facebook and other Meta-owned apps. Meanwhile, an NFT…