# Collateral damage: DeFi’s ticking time bomb

# Collateral damage: DeFi’s ticking time bomb

“# Collateral damage: DeFi’s ticking time bomb ” As 2021 draws to a close, the premier lineup in the DeFi landscape largely consists of synthetic asset platforms (SAPs). An SAP is any platform that enables users to mint synthetics, which are derivatives whose values are pegged to existing assets in real time. As long as…

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# Polkadot envisions Web3 disruption with multiple parachain launches

# Polkadot envisions Web3 disruption with multiple parachain launches

“# Polkadot envisions Web3 disruption with multiple parachain launches ” Open-source blockchain platform Polkadot announced the launch of its first parachains (or parallelized chain) aimed at improving the interoperability between multiple blockchains.  According to the announcement, the Polkadot team invested five years into the development of the parachains, which were allocated to teams via auctions,…

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# 2021: The dawn of democratized launchpads

# 2021: The dawn of democratized launchpads

“# 2021: The dawn of democratized launchpads ” Those that were around in 2017 likely remember the initial coin offering (ICO) craze, which saw swathes of new projects emerge — many of which generated staggering returns for participants in a matter of weeks or months.  Although many ICO-funded projects turned out to be duds, a…

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# SBI Group launches crypto-asset fund for Japanese investors

# SBI Group launches crypto-asset fund for Japanese investors

“# SBI Group launches crypto-asset fund for Japanese investors ” Tokyo’s biggest finserv firm, SBI Group, will now allow general Japanese investors to purchase cryptocurrencies via its newly launched ‘crypto asset fund’. The fund is composed of seven cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, Bitcoin Cash (BCH), Chainlink (LINK) and Polkadot (DOT). …

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# Bitwise launches NFT index fund for accredited investors

# Bitwise launches NFT index fund for accredited investors

“# Bitwise launches NFT index fund for accredited investors ” In an effort to democratize access to nonfungible tokens, art collections and other digital assets of value for the masses, Bitwise Asset Management launched its new index fund on Dec. 16. As per the announcement, the Bitwise Blue-Chip NFT Index Fund is designed to allow accredited…

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# HSBC and IBM create successful multi-ledger CBDC demo

# HSBC and IBM create successful multi-ledger CBDC demo

“# HSBC and IBM create successful multi-ledger CBDC demo ” On Thursday, HSBC and IBM announced the successful test of an advanced token and digital wallet settlement between two central bank digital currencies, or CBDCs, in a cloud environment. The experiment consisted of transactions between CBDCs, eBonds, and forex. IBM’s Hyperledger Fabric and enterprise technology…

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