DeFi

Russian Central Bank Eyes Digital Asset Rules
Russian Central Bank Eyes Digital Asset Rules
November 08, 2022  |  Regulation

Russia’s central bank is reportedly considering new regulations and rules for taxing non-fungible tokens (NFTs), smart contracts and trading digital assets.  The Bank of Russia...

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$2 Billion Self-Hack Highlights DeFi’s Slow Crisis Reaction Problem
$2 Billion Self-Hack Highlights DeFi’s Slow Crisis Reaction Problem
November 04, 2022  |  Cryptocurrency

Decentralized finance has a control problem it must solve if it is to become the economic force supporters believe — and opponents fear — that...

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France, Singapore and Switzerland Test Cross-Border CBDC Payments
France, Singapore and Switzerland Test Cross-Border CBDC Payments
November 02, 2022  |  CBDC

In a pilot project that is said to be the first of its kind, the central banks of France, Singapore and Switzerland are collaborating in...

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90% Decline in Ethereum 2.0 Fees May Not Last
90% Decline in Ethereum 2.0 Fees May Not Last
November 02, 2022  |  Blockchain

The two biggest hurdles to greater use of Ethereum blockchain transactions have historically been high transaction fees and the enormous environmental cost. Alongside the merge...

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Crypto and the Circle of Disintermediation
Crypto and the Circle of Disintermediation
November 01, 2022  |  Cryptocurrency

Banks have been getting louder and louder about their opposition to central bank digital currencies (CBDCs) like the digital dollar over the course of 2022,...

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Chainalysis Says ‘Crypto Winter’ Hasn’t Discouraged Developing Nations
Chainalysis Says ‘Crypto Winter’ Hasn’t Discouraged Developing Nations
October 31, 2022  |  Cryptocurrency

China put in a mighty showing in blockchain data firm Chainalysis’ annual Global Crypto Adoption Index, landing a 10th place ranking despite the country’s total...

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Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
Chainalysis Sees Growing Push for Crypto Regulation Amid Record Hacks
October 31, 2022  |  Cryptocurrency

Crypto, which was born during the 2008-2009 financial crisis, is about to see how it handles the next one. That is something Michael Gronager, CEO...

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Hacktober’s $718M Losses Are an Existential Threat to DeFi
Hacktober’s $718M Losses Are an Existential Threat to DeFi
October 26, 2022  |  Cryptocurrency

October hasn’t been kind to crypto, with $730 million lost to 18 hacks this month alone, driving the 2022 total loss to $3 billion. With...

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Korean Regulators to Probe Stablecoin, Money Laundering Link
Korean Regulators to Probe Stablecoin, Money Laundering Link
October 24, 2022  |  AML

In a bid to stop money launderers, South Korea’s Financial Services Commission (FSC) is planning a probe into the amount of stablecoins being used on...

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