The United States Commodity Futures Trading Commission (CFTC), the body that regulates the U.S. derivatives markets, has released a report outlining its recommendations for mitigating risks associated with decentralized finance (DeFi). The report was compiled by the CFTC’s Digital Assets and Blockchain Technology Subcommittee.While the report acknowledges the “promising opportunities” presented by DeFi, it also […]
Blackrock and Grayscale, two industry giants, are expected to play a pivotal role in the potential introduction of an XRP ETF. Insider sources suggest that an application for this ETF could be submitted as early as April 2024, aligning with the resolution of the SEC v. Ripple legal dispute.Ben Armstrong, a well-known crypto influencer, recently […]
The gaming industry is poised for a significant transformation in 2024, with blockchain games expected to take the lead. Metacade, a key player in this revolution, has recently announced strategic partnerships, aiming to create a unified platform for gamers, developers, and investors.Yat Siu, the executive chairman of Animoca Brands, has predicted a resurgence of blockchain […]
As we continue our exploration of Ethereum apps to watch in 2024, we delve into a diverse range of applications that cater to various user needs. Let’s start with Daylight, the sixth app on our list. Daylight’s main product is an Application Programming Interface (API) that facilitates communication between wallets, tools, and creators. The API […]
Web3 projects are increasingly turning to equity tokens as a more secure and transparent way to raise capital. Brickken, a tokenization solution provider, is simplifying the process of issuing equity tokens, making it easier for projects to tap into the benefits of this innovative approach to fundraising.Asset tokenization, the process by which an issuer creates […]
The gaming industry is poised for a significant transformation in 2024, with blockchain games becoming the main focus. Metacade, a key player in this revolution, has announced partnerships that are shaping a unified platform for gamers, developers, and investors. The company has outlined its roadmap for 2024, which includes substantial upgrades to its main platform, […]
The DeFi community is showing interest in a new project, NuggetRush, which is a mining adventure game. NuggetRush introduces professional entrepreneurs and artisanal miners in the form of NFTs, which are key to building successful mining operations. Players can earn rewards in a variety of ways, including participating in competitions and fights, as well as […]
Sehra emphasizes the importance of integrating compliance into the decentralized infrastructure. He argues that it’s not merely about incorporating Know Your Customer (KYC) and Anti-Money Laundering (AML) measures through a simple flag indicating if a user is whitelisted. Instead, the process requires a more nuanced approach.Several factors need to be considered to match the right […]
PayPal’s PYUSD stablecoin, trailing behind more established stablecoins such as USDT and USDC, is turning to DeFi to boost its liquidity. In December, PYUSD activated the Curve automated market maker and is now seeking deployment on Aave.PayPal’s entry into the stablecoin ecosystem with PYUSD generated significant buzz as it marked the first time a major […]
Shiba Inu’s lead developer, Shytoshi Kusama, has hinted at significant progress in the project’s ambitions. Kusama’s statements, shared on X (formerly Twitter), provide insights into the strategic direction of Shiba Inu and its integration with broader internet infrastructure.Alluding to the fake spot Bitcoin ETF approval news, Kusama stated, “Hey, SHIBARMY! While everyone is focused on […]
