Money Leaving Defi Sector As Cryptocurrency Falls And Market Loses Its Gloss
    29 Jun 2021
    367 Views

    Decentralized finance (DeFi) is considered the next big opportunity among blockchain technologies. But money is fleeing the sector amid a cryptocurrency market decline and fears of regulatory scrutiny. Recently, red flags are starting to appear more often in the DeFi sector, one of the most profitable and volatile fields of the crypto world this year….

    Palestinian Monetary Authority looks toward its own digital currency
    29 Jun 2021
    361 Views

    The Palestinian Monetary Authority is researching the possibility of issuance of its own digital currency, which would provide a symbolic move to monetary independence from Israel. PMA plans to use European funds to boost the private sector, but experts are skeptical about this new adventure. This step would include Palestine on the list of other…

    U.K. regulator bars crypto exchange Binance from operating in Britain

    Britain’s financial regulator has ordered Binance Markets Ltd., one of the world’s largest cryptocurrency exchanges, to stop conducting any regulated activity in the U.K. by June 30. But as the exchange pulled its application for the assets register, it will be unable to offer unregulated services too. It appears one of the most significant regulator’s…

    A new crypto winter?
    29 Jun 2021
    319 Views

    The “seasons” on the cryptocurrency market are becoming more and more distinct. If what we witnessed a year ago could be called the “crypto spring”, now everything indicates that the “crypto winter” has begun. BTC went below $ 30 thousand, similar to dropping air temperature that points to the advent of frost. The feeling of…