Increased demand for CVX during the recovery attempt of the market in March stabilized Convex Finance TVL which has surpassed Aave (AAVE) TVL at the beginning of May 2022. Convex Finance (CVX) has seen its total value locked (TVL) beat out major competitors such as Aave, Uniswap (UNI), Compound (COMP), PancakeSwap (CAKE), Instadapp, SushiSwap (SUSHI), …
Convex Finance (CVX) Surpasses Aave in Total Value Locked Read More »
Earning opportunities in decentralized finance are still plentiful despite the broader crypto market slump. This platform is offering more than 60% returns for staking certain tokens. DeFi earnings platform PowerPool has announced a new vault for the Tornado Cash token, TORN. The protocol made the announcement that the ppTORN pool was live on May 10. …
Decentralized finance (defi) protocols are having a hard time weathering the storm, as the total value locked in defi today is down 39.26% since April 3, from $230.18 billion to the current $139.81 billion. The sudden value drop stemming from Terra’s native assets, LUNA and UST, has pushed Lido down to the third-largest TVL position …
Terra Fiasco Stirs Value Locked in Defi — Lido, Anchor Plummet to Lower Positions Read More »
Talos has raised $105 million from its Series B funding round led by General Atlantic, with participation from notable names in the traditional finance & digital assets industry, including Andreessen Horowitz, BNY Mellon, Citi, Wells Fargo, and more. The firm says the funds will be used to expand its enterprise-grade digital assets infrastructure amidst increased …
Talos Crypto Trading Infrastructure Provider Secures $105 Million Funding Read More »
Finance Minister Grant Robertson is making a pre-Budget speech to the Wellington Chamber of Commerce, further pushing along Labour’s fiscal agenda for the year. The speech comes ahead of both the Budget, and the country’s first emission reduction plan which will be unveiled by James Shaw next Monday. Before then, we will have inflation expectations …
NZ Finmin Robertson: New Zealand’s short-term inflation challenge is significant Read More »
Increased demand for CVX during the recovery attempt of the market in March stabilized Convex Finance TVL which has surpassed Aave (AAVE) TVL at the beginning of May 2022. Convex Finance (CVX) has seen its total value locked (TVL) beat out major competitors such as Aave, Uniswap (UNI), Compound (COMP), PancakeSwap (CAKE), Instadapp, SushiSwap (SUSHI), …
Convex Finance (CVX) Surpasses Aave in Total Value Locked Read More »
Regulators in five American states have issued cease-and-desist orders to a digital casino with links to Russia marketing NFTs to Americans. The Flamingo Casino Club, a virtual casino offering with supposed ties to Yahoo and MarketWatch, was issued emergency orders from five state securities regulators to stop selling NFTs. NFTs are digital certificates of authenticity …
Five State Regulators Issue Emergency Orders to Shut Down Metaverse Casino Read More »
Following the de-pegging debacle overtaking TerraUSD, several other stablecoins appear to have lost their peg to the dollar as well. Earlier this week, stablecoin TerraUSD (UST) very noticeably lost its peg to the dollar, causing developer Terraforms Labs Terra (LUNA) cryptocurrency to plummet in value. While The Singapore-based non-profit that supports the Terra network, the …
Series of Stablecoins Lose Pegging Following TerraUSD (UST) Read More »
To bring the Future of Payments and Fraud Conference to life, BusinessDay will provide experts and thought leaders in the National Payments System, as well as views from global industry leaders at the Four Points Hotel by Sheraton, May 12, 2022. According to a report by KPMG, the payments landscape has gone through significant transformation in recent years. …
BusinessDay to Host Future of Payments and Fraud Conference 2022 Read More »
On Tuesday, a Hong Kong man was arrested for stealing HK$1.5M from a female trader in Tsim Sha Tsui, an urban district in southern Kowloon, Hong Kong. A 24-year-old man was arrested by Hong Kong police Tuesday for allegedly stealing funds from a Hong Kong citizen, an offense punishable by up to ten years in …
Suspect Arrested in Hong Kong for Scamming Crypto Trader out of HK$1.5M Read More »