The Cyprus Securities and Exchange Commission (CySEC) announced on Friday that Depaho Ltd, an investment firm, is allowed until the end of the month to proceed with the necessary actions to comply with the provisions asked by the regulator. In fact, the CySEC further extended the suspension imposed on the […]

Welcome to the latest edition of Cointelegraph’s decentralized finance, or DeFi, newsletter. In a week where the crypto market bears returned for blood, DeFi enlisted an army of lobsters to fight its feuds. While we ponder a feasible battleground for that mammalian–invertebrate combat, feel free to scroll on and read […]

Key Takeaways Benoit Coeuré, the head of the BIS’ innovation hub, has called on central banks to act quickly in response to the rise of cryptocurrencies. Coeuré warned that “stablecoins and DeFi will challenge banks’ models.” The BIS is now more actively encouraging CBDC development by central banks. The head […]

Algorand Foundation has announced a $300 million fund called to accelerate its DeFi ecosystem. Algorand Unveils DeFi Fund  Algorand Foundation, the group behind the Layer 1 blockchain Algorand, has launched a $300 million DeFi Fund called Viridis, it was announced today. Algorand Foundation has allocated 150 million ALGO tokens valued […]

CoinGeek Chief Bitcoin Historian and host Kurt Wuckert Jr. opens the show with a shoutout to Gorilla DAO, the first decentralized autonomous organization (DAO) created on the BSV enterprise blockchain. Kurt, one of the main drivers of the platform, happily announced on this episode of CoinGeek Weekly Livestream, that the […]

Argo Blockchain has secured another loan agreement from Galaxy Digital LP with the mining firm’s Bitcoin (BTC) as collateral. According to an announcement by the London Stock Exchange on Friday, the new Bitcoin-backed loan agreement is to the tune of 18.05 million pounds (about $25 million). As previously reported by […]

Dubai, UAE, 10th September, 2021, The collaboration between Graviton and Bonded opens up new opportunities in DeFi for a variety of tokenized projects and allows for the expansive growth of their tokens’ liquidity and utility.  Graviton is happy to announce the partership with Bonded Finance, a leading platform with smart […]

SIX Digital Exchange (SDX) announced today that it has secured regulatory approval from FINMA, the Swiss Financial Market Supervisory Authority, to operate a stock exchange and a central securities depository for digital assets in Switzerland. In an official announcement, SIX mentioned that the new approval from FINMA has enabled SDX […]

The governor of the Bank of Mexico, Alejandro Díaz de León, dismissed Bitcoin’s (BTC) position as a reliable legal tender, citing price volatility as a major roadblock towards full-fledged adoption.  Governor Díaz de León said in a Reuters interview that Bitcoin’s position in today’s financial system resembles “a dimension of […]

Singapore Exchange (SGX) today reported its market statistics for August 2021. The exchange posted a jump of nearly 12% y-o-y in the volume of USD/CNH Futures. According to the official numbers shared with Finance Magnates, the total volume of SGX INR/USD Futures reached 1.1 million contracts in August 2021, which […]