Crypto lending rates are low and DeFi is not competition says Nexo co-founder
It’s all about location and perception. Read More
Why the Stock Market is Poised for Its Worst September Since 2011
Last week saw the third-biggest outflow from stock funds in history, and the dollar is the strongest it
The One-Way ETH
US SEC issues no-action letter on compressed digital asset settlement process
In issuing a no-action letter, the SEC took a more nuanced position on virtual assets. Read More
A minster’s look at regulation and innovation: A necessity to strike a balance
Without constant nurturing through communication and collaborative efforts, the pursuits of legislators and businesses would be fruitless. Read More
Hackers Breach KuCoin
U.S. Federal Reserve Continues CBDC Research
Staff members from different branches have been contributing to the bank’s continued CBDC research.Although CBDC has been considered even before the pandemic, it is still unknown if the Federal Reserve will ever release such a currency. Read More
Binance Blacklisted By Russian Telecom Censor
Though Binance made the announcement on Friday, it appears that the Russian web censor blacklisted the website back in June.The exchange has now engaged its legal counsel for further advice on the situation, while still providing services in the country. Read More
Ethereum Reaches a Fate-Determining Level as Analysts Watch for Volatility
Ethereum
Ethereum still not ready for DeFi, say some critics
Ethereum needs to fix its problems. Read More