Bank on change: DeFi’s challenge to traditional finance and fintech
As mainstream finance embraces decentralized finance, neither it nor its younger challengers are likely to escape the evolutionary forces at work.
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U.S. SEC chair Gary Gensler says regulator will enforce crypto rules ‘aggressively and consistently’
U.S. SEC chair Gary Gensler says as technology and markets evolve, regulators should be ready to bring cases involving crypto.
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Chainlink joins Hedera council in push to link DeFi with traditional finance
Chainlink, a data oracle, has joined the Hedera Governing Council, which oversees the distributed governance of the Hedera network, an enterprise-grade public network for the decentralized economy.
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NEM’s Symbol blockchain launching NFT footballer collectibles
NEM Group is launching NFTs with former Liverpool footballer and manager Sir Kenny Dalglish and current Manchester City player Riyad Mahrez.
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China’s BIT Mining inks deal for U.S. data center joint venture
Chinese cryptocurrency miner BIT Mining has signed a deal to build a data center in Texas.
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Rejecting traditional finance, some firms now turn to DeFi for growth capital
DeFi project Maple Finance is launching a $17 million lending pool to provide crypto startups with capital. Is this the start of a DeFi credit underwriting trend?
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Bitcoin appears to stabilize after dramatic correction
The world’s biggest cryptocurrency may have found a new trading range after being battered yesterday following an apparent Chinese clampdown on cryptos, partly reversing losses of around 30% seen when investors dumped their coins on Wednesday.
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Bitcoin’s rollercoaster ride leaves market players unfazed as upside beckons
Professional crypto traders appear to be taking the recent plunge in the price of Bitcoin in their stride as they look ahead to an upswing in the cryptocurrency’s fortunes.
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XRP whale moves coins worth US$93M to unknown wallet, price dips
XRP’s price has slumped almost 7% in the past 24 hours after a so-called whale transferred US$93 million of the cryptocurrency to an unknown wallet on May 18, according to blockchain analytics platform WhaleAlert.