American billionaire investor Orlando Bravo: ‘Crypto is here to stay’
    04 Oct 2021
    449 Views

    Orlando Bravo, the co-founder of American private equity firm Thoma Bravo, has batted in favor of cryptocurrencies, predicting a glowing future for digital assets. Bravo revealed his crypto-related projections at CNBC’s Delivering Alpha conference held earlier this week. His private equity company recently participated in a fundraiser for crypto exchange FTX Trading. Bravo firmly believes…

    Corporate Cryptocurrencies: When To Expect A Surprising Contender To CBDC
    04 Oct 2021
    412 Views

    It is something awaiting us right around the corner. Сorporate cryptocurrencies have not yet declared themselves loud enough, but many world-renowned companies are already engaging with the idea. Their emergence is now a matter of time and changes in legislation. It has long been said that modern corporations have more power and authority than nation-states….

    DeFi bug resulted in an $80 million loss for Compound Finance
    03 Oct 2021
    586 Views

    On Wednesday, soon after executing the upgrade, patching minor bugs, Compound Labs reported “unusual activity,” resulting in some users being able to get more COMP tokens than allowable. A bug in the code posed $80 million worth of COMP at risk of unfair distribution. The incident may lead to a COMP price crash. According to…

    Dubai Economy signs deal with UAE licensing authorities to participate in KYC Blockchain Platform
    03 Oct 2021
    536 Views

    Dubai Economy has signed an agreement with leading licensing authorities, such as Dubai Silicon Oasis Authority, Dubai Multi-Commodities Center, and Dubai Airport Free Zone Authority, to participate in the Know Your Customer Blockchain Platform through the Unified Business Registry Platform. It will facilitate faster and more secure customer onboarding and allow sharing of verified e-KYC…

    CDBC across borders
    03 Oct 2021
    491 Views

    There are currently several countries developing state digital currencies for cross-border settlements. And chances are, they will arrive even before the typical “in-country” CDBCs. While market turbulence is throwing prices of cryptocurrencies and DeFi assets up and down, central banks of different countries move forward with creating their own central bank digital currencies (CDBCs) with…

    Europe becomes the world’s largest crypto economy with $1T due to DeFi
    02 Oct 2021
    509 Views

    According to a Chainalysis report, Central, Northern, and Western Europe (CNWE) have become the world’s biggest crypto economy. Over the last year, the region has received over $1 trillion worth of cryptocurrency, reaching 25% of all global activity. The tremendous growth that started in July 2020 pushed Europe from second to first place since last…