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The Singapore-based multinational banking entity DBS and Standard Chartered have completed the proof-of-oncept of their blockchain trade finance platform called the Trade Finance Registry.The two entities developed the PoC in collaboration with 12 other banks on top of the blockchain platform of Singapore-headquartered company dltledgers. dltledgers told Cryptox that the
Read MoreThe decentralized finance (DeFi) community's insatiable appetite for unaudited code has once again ended in tears and the loss of millions.Eminence, an unfinished “economy for a gaming multiverse” being built by Yearn Finance's Andre ‘I test in production’ Cronje, was discovered by DeFi sleuths after the developer posted art teasers
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The failed revolutionThe internet in 2030? To answer, two assumptions: First, we are still alive. Second, things on Earth are improving for more than just a few as we shake off our 20th century monetary systems and our 18th century systems of governance. There has been a radical transformation in these
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Place/Date: Hong Kong - September 21st, 2020 at 11:46 pm UTC · 3 min read Contact: NexChange, Source: NexChange The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the
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Governments have significant discretion over economics and finance today, but decentralized network-driven alternatives threaten that control. Our main discussion: The battle for the soul of finance.In this episode, NLW looks at the power competition between governments on the one hand and the decentralized network-driven finance alternatives that would reshape that power.
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In 2020, as a result of the economic crisis caused by the spread of COVID-19, the world financial system is facing an increasing number of problems. The authorities of large countries have applied monetary policies of quantitative easing, which has led to a decrease in the value of fiat currencies
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The DeFi frenzy has been making the headlines in the last few months, as crypto exchanges rush to list popular tokens within the decentralized finance sphere. However, another concept called “Elastic Finance” has emerged, which could be the next generation of financial platforms that can use unique supply elastic assets,
Read MoreChina’s mining giant Bitmain has entered a new partnership to streamline its operations in North America.As Bitmain officially announced on Sept. 10, the company has officially partnered with Foundry, a wholly-owned crypto mining subsidiary of major cryptocurrency firm, Digital Currency Group, or DCG. Within the partnership, Foundry will provide financing
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NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round. Source
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Yearn.Finance aspires to be the gateway to a bevy of yield-generating products in the Ethereum ecosystem.After a rapid ascent in August 2020, there is now $650 million worth of crypto assets staked in Yearn, seeking the best returns in the booming decentralized finance (DeFi) sector.The prospect of what one observer
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