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” Global financial regulators will discuss crypto at G7: Report “ Central bank governors and finance ministers from the Group of Seven, or G7, are reportedly planning to discuss the regulation of cryptocurrencies. According to a Tuesday report from Reuters, Bank of France Governor François Villeroy de Galhau said representatives from the United States, Canada,…
” Goldman Sachs and Barclays invest in UK crypto trading platform Elwood “ Banking giants Goldman Sachs and Britain’s Barclays have joined a $70 million Series A funding round for the institutional crypto trading platform Elwood Technologies, founded by billionaire British hedge fund manager Alan Howard. Joining the round was crypto-friendly German bank Commerzbank, crypto…
” VeChain Foundation reports $1.2B crypto treasury… but spent just $4M in Q1 “ The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter. VeChain (VET) is a blockchain project designed to enhance supply…
” Analyst claims that exchanges sell your Bitcoin, crypto trading platforms respond “ Security breaches and hacks often highlight the risks of storing Bitcoin (BTC) on centralized exchanges. One analyst even claims that keeping your BTC on exchanges is also a factor for price dips. Rufas Kamau, research and markets analyst at Scope Markets Kenya,…
” Crypto Bahamas: Regulations enter critical stage as gov’t shows interest “ The crypto community and Wall Street converged last week in Nassau, Bahamas, to discuss the future of digital assets during SALT’s Crypto Bahamas conference. The SkyBridge Alternatives Conference (SALT) was also co-hosted this year by FTX, Sam Bankman-Fried’s cryptocurrency exchange. Anthony Scaramucci, founder…
” EU Commission report suggests rethink of regulatory approach to DeFi “ Analysts from the European Commission showed an unexpected understanding of how decentralized finance (DeFi) actually functions, having defined it as something different from the traditional financial system and acknowledging that it would require rethinking the approach to regulation. On Monday, May 2, crypto…
“What to expect – good and bad – for your zodiac sign in May 2022” Prepare to watch as your life shifts before your eyes! May could be one of the most intense—and meaningful—months for you in 2022. As the planets shift, eclipses roar and we start to experience more planetary retrogrades, you’ll be feeling…
” Avalanche (AVAX) loses 30%+ in April, but its DeFi footprint leaves room to be bullish “ Avalanche (AVAX) price is down more than 30% in April, but despite the negative price move, the smart contract platform remains a top contender for decentralized applications due to its scalability, low-cost transactions and its large footprint in…
” Decentralized credit scores: How can blockchain tech change ratings “ The concept of lending and borrowing is as old as time itself. Regarding finances, while some individuals have more than enough for themselves, others barely have enough to get by. As long as there is this imbalance in finance distribution, there will always be…
” Looking to take out a crypto loan? Here’s what you need to know “ Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain that scaled the smart contract functionality,…