Videos

Decentralized lending protocols are surging in total value and set to capitalize on the growing institutional adoption of stablecoins and tokenized assets, according to Binance Research. Decentralized finance (DeFi) lending protocols are automated systems that facilitate lending and borrowing for investors via smart contracts, eliminating the need for financial intermediaries like banks. DeFi lending protocols have…

Ethereum scaling solution Starknet suffered another mainnet outage, causing investor concerns over the reliability of the blockchain network. The Starknet layer-2 (L2) blockchain suffered an outage on Tuesday, affecting the mainnet for two hours and 44 minutes, leading to slow block creation and stagnating transactions on the network. The outage was caused by the network’s sequencer, which,…

The US Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) issued a joint staff statement on Tuesday announcing a coordinated effort to oversee and enable spot crypto trading in the United States. The agencies clarified that existing law does not prevent regulated US or foreign exchanges, such as national securities exchanges (NSEs), designated contract…

RAK Properties, one of the largest publicly traded real estate company in the Ras Al Khaimah emirate of the United Arab Emirates (UAE), will start accepting cryptocurrency for international property transactions. According to a Monday announcement, RAK Properties will begin accepting payments in Bitcoin, Ether and Tether’s USDt, among others. The move underscores the growing adoption…

Crypto projects are set to unlock about $4.5 billion in vested tokens in September, according to data tracker Tokenomist. Tokenomist data shows that about $1.17 billion will come from cliff unlocks, while $3.36 billion will be released through linear unlocks. About $4.5 billion in tokens will become available to investors, project teams and other stakeholders as vesting agreements expire….

Circle has unveiled two partnerships to embed stablecoins settlement into mainstream finance. New deals with Mastercard and Finastra aim to expand USD Coin’s role to merchants and banks worldwide. Mastercard said on Wednesday that it will enable acquirers and merchants in Eastern Europe, the Middle East and Africa (EEMEA) to settle transactions in USDC and Euro…