Cryptocurrency Analysis and News Portal
The pressure induced by the ongoing economic crisis, obsolete trade finance systems and mounting geopolitical tensions is pushing the international trade finance industry down a rabbit hole. To add to the already critical situation, recent trade finance scandals involving major players such as Hin Leong, ZenRock, Agritrade and Hontop Energy amounted
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A group of VC heavyweights and crypto entrepreneurs, including Blockfolio founder Ed Moncada, are backing a new risk management tool for the exploding decentralized finance (DeFi) space. Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow
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The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said. Source
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Yearn Finance is now allowing people to stake their Ethereum holdings to earn higher yields via its new
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In summary:Yearn Finance (YFI) has eclipsed Bitcoin’s value and posted a new all-time high of $16,700.The popularity of DeFi is one reason YFI is gaining in the market.YFI has a very low circulating supply of 29,962 making it very responsive to demand.YFI is the sole governance token of Yearn Finance
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Projects like MakerDAO, Compound, dYdX and Dharma realized in 2018 they were a distinct group with shared interests within the cryptocurrency industry.Finance has been part of Ethereum from the beginning, but the first attempt to do finance on the "world computer" ended in disaster in 2016: The DAO.A unit of
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The decentralized finance sector has been steadily growing and has begun to see the fruits of its labor. But while there is much hype surrounding DeFi projects and applications, particularly during Bitcoin’s (BTC) uncharacteristic lack of volatility, there is still a long way to go. The technology is still in its
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During a webinar on July 17, the former Finance Secretary of India, Subhash Chandra Garg, discussed cryptocurrencies with Indian industry leaders including Nischal Shetty, the CEO of Indian crypto exchange WazirX, and Siddharth Sogani, the founder of blockchain research company Crebaco.In 2019, Garg along with his secretariat drafted a bill
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Among the many disruptions to daily life we’ve experienced over the past few months, cancelled events comprise a large number. One such event that we at Forkast.News had been looking forward to bringing you to was the DC Blockchain Summit, in what was supposed to be its fifth year of
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In 1996, there were over 8,000 public companies listed on exchanges in the United States. Fast forward to 2020 and there are only approximately 4,400 — a drop of 46% despite the fact that the S&P 500 quadrupled in value. Conventional wisdom would lead readers to think they are looking
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