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Cryptocurrencies
DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.United States Federal Reserve chairman Jerome Powell has given…
What is the economic impact of cryptocurrencies?
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Bitcoin profitability for long-term holders decline to 4-year low: Data
The decline in profitability for long-term holders reached a level last seen during the peak of the bear market in 2018. However, the market bottomed and bounced back during the previous cycle. 302 Total views 21 Total shares…
Crypto startup to save iconic fiat money sculpture with 1M euros in funding
The crypto industry is coming to save the troubled “Euro-Skulptur” monument in Frankfurt after traditional banks refused to support the symbol of eurozone decision-making. 865 Total views 12 Total shares The paths of traditional…
Russia unlikely to choose Bitcoin for cross-border crypto payments: Analysis
Despite Russia pushing the idea of using cryptocurrencies for cross-border payments, it still remains unclear what digital asset exactly the government plans to adopt for such transactions.Russian authorities are quite unlikely to approve…
Kazakhstan ready to legalize crypto as Russians flock to the country
A major bank in Kazakhstan has completed its first purchase of crypto for fiat and the president is ready to approve exchange activities. 201 Total views 15 Total shares Kazakhstan is ready to legalize a mechanism for converting…
CertiK says SMS is the ‘most vulnerable’ form of 2FA in use
The level of security provided by SMS pales in comparison to authenticators or physical security keys, CertiK's Jesse Leclere says in an interview. 237 Total views 4 Total shares Using SMS as a form of two-factor authentication has…
Crypto exchange Bitkub targeted by Thai SEC with wash trading claims
2022 has proven to be a regulatory disaster for Thailand’s largest crypto exchange as it has faced multiple enforcement actions and fines worth hundreds of thousands of dollars. 65 Total views 1 Total shares Thailand’s largest crypto…
What is necessary for Web3 to fully replace Web2?
Web3 is the buzzword that's on everyone's lips — but when you put the mania aside for a moment, there's a burning question that needs to be asked: Can these projects fully replace Web2… and what stands in the way of this happening? The…
Russia aims to use CBDC for international settlements with China: Report
Russia is currently in the pilot phase of its CBDC development and is expected to complete the development by early next year. 115 Total views 10 Total shares Russia is in the pilot phase of its central bank digital currency…
