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“We want to attract builders organically who are convinced by TON's fundamentals," Nan Wang, TON Foundation investment associate, told CoinDesk. "We are not necessarily buying out distressed assets ... However, we are willing to support top founders and projects slightly impacted by recent events." Original Source
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Decentralized finance (DeFi), one of the fastest growing ecosystems in the cryptocurrency market, has long been a dilemma for regulators, given the decentralized nature of the space. In 2022, United States regulators paid special focus to the nascent area with significant attention to ending the anonymous nature of the ecosystem.DeFi protocols
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U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading. Source
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Some $180 million flowed into digital asset funds in the week through April 1, CoinShares reported on Monday. Original Source
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press release PRESS RELEASE. Silta Finance, a new DeFi lending solution, challenges traditional banking sector’s predominance in project finance by announcing a partnership with the Singapore headquartered development company WEnergy Global. WEnergy Global has agreed to explore cryptocurrency lending solutions to access project finance. The company is partnering with Silta, a
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Digital asset investment products attracted $90 million in new money in the seven days last Friday, the seventh straight week of inflows.Bitcoin-focused funds took in $69 million, according to a report published Monday by CoinShares. It was the third straight week of inflows for bitcoin funds, pushing the cumulative intake
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Bitcoin (BTC) returned to $46,000 after a brief consolidation on Tuesday amid continued surprise at the strength of BTC’s price comeback.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView3 days to Bitcoin golden crossData from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering around the $46,000 mark o Tuesday.The pair had spent the night
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Women looking for a way to enter a male-dominated space like crypto and blockchain may be drawn in by nonfungible tokens, according to Women in Blockchain Talks founder and host Lavinia Osbourne. Though the ongoing pandemic has left people in many countries in financial trouble — whether by losing their jobs,
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Lottery entrants can apply to win 200 digital yuan each. Source
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Microsoft’s Bitcoin-based decentralized identity tool, ION, went live with a beta version on mainnet Wednesday as one of many efforts by members of the Decentralized Identity Foundation (DIF) to fast-track tools anyone can use for COVID-19 crisis response programs. Microsoft and ConsenSys’s uPort project are both leading DIF members. Separately, Microsoft
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