# Bitfinex paid a colossal M fee to send 0K of USDT

# Bitfinex paid a colossal $23M fee to send $100K of USDT

“# Bitfinex paid a colossal $23M fee to send $100K of USDT ” Crypto exchange Bitfinex completed a highly consequential transaction today when sending $100,000 of the stablecoin Tether (USDT) to the layer-2 subsidiary platform DeversiFi. For reasons unknown, the exchange paid 7,676 ETH, equivalent to $23.7 million, marking quite possibly the largest gas fee ever-recorded…

Read More
# Cardano to enable new DeFi stablecoin with Coti

# Cardano to enable new DeFi stablecoin with Coti

“# Cardano to enable new DeFi stablecoin with Coti ” A new stablecoin is arriving on the Cardano blockchain to provide a tool for decentralized finance (DeFi) operations and avoid transaction fees. Cardano’s payment gateway provider Coti will be the official issuer of Djed, a new DeFi-focused stablecoin for the Cardano network, Cardano founder Charles…

Read More
# DeFi and Web 3.0: Unleashing creative juices with decentralized finance

# DeFi and Web 3.0: Unleashing creative juices with decentralized finance

“# DeFi and Web 3.0: Unleashing creative juices with decentralized finance ” Decentralized technologies are starting to revolutionize the world of finance, with cryptocurrencies applied in different ways to recreate traditional financial instruments. However, since cryptocurrencies aren’t backed by anything but people’s faith in them, they are extremely volatile. That means, when it comes to…

Read More
# Blockchain will transform government services, and that’s just the beginning

# Blockchain will transform government services, and that’s just the beginning

“# Blockchain will transform government services, and that’s just the beginning ” Governments are tasked with bringing fair and efficient services to the public. Unfortunately, providing transparency and accountability often results in a reduction in efficiency and effectiveness or vice versa. Governments are usually forced to choose to improve one at the cost of the…

Read More
# Charitable sustainable NFTs for the United Nations’ 17 SDGs

# Charitable sustainable NFTs for the United Nations’ 17 SDGs

“# Charitable sustainable NFTs for the United Nations’ 17 SDGs ” In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain. The United Nations General Assembly (UNGA)…

Read More