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Forex liquidity and currency swaps are hard to access for many in Africa, which limits the use of United States dollar-based services in the continent’s import-dependent economies. This creates a vacuum that decentralized finance (DeFi) could solve, leveraging cryptocurrencies, blockchain networks and services, according to the CEO of Canza Finance, Pascal
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Standard Chartered Bank, for example, launched Zodia Custody, an institution-focused digital asset custodian, backed by SBI and Northern Trust. Its sister company, an institutional digital asset trading and brokerage venue, Zodia Markets, is a fully independent company with a different shareholding structure. Source
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Crypto exchange Kraken neither confirmed nor denied rumors of the company’s plans to potentially release a layer-2 solution similar to what its competitor Coinbase did with the Base network earlier this year.The rumors were fueled by reports citing anonymous sources and a job posting from Kraken highlighting that the organization
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Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis.“I am clear that inflation is a huge problem in Argentina,” the country’s second-leading candidate said in an Oct. 2 presidential debate, before outlining how he plans to
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A group of decentralized finance (DeFi) protocols have teamed up to solve liquidity problems in the Cosmos ecosystem. The teams involved include cross-chain bridging protocol Wormhole, liquidity aggregator Swing, lending protocol Tashi, and Cosmos network Evmos. According to statements from two of the teams involved, Wormhole will register five new bridged
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The flagship cryptocurrency, Bitcoin, was created with the goal of disrupting the traditional financial system. In support of this, Best-selling Author and
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Cultural and regulatory conversation worldwide today show that there is a lot of fear around AI. AI is going to take over the world, it’s coming for everyone’s job, it’s going to destroy Hollywood: choose your own dystopian adventure. I don’t want any of those things to happen, either, but
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The prices of houses are sky-high all around the world, and homebuyers are feeling the pain. While affording a home has never been more difficult for many people, the ability to raise funds to construct new homes has never been easier, thanks to decentralized finance (DeFi). The newly launched Home
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Binance CEO Changpeng Zhao says the firm is unlikely to buy up any banking institutions, despite a growing worry of crypto companies being debanked, including Binance’s own operation in Australia. The collapse of several United States banks this year has prompted concerns that the pool of crypto-friendly banks is shrinking.
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Two Ethereum 2.0 consensus clients, Prysm and Teku, have released new upgrades to address current Beacon Chain finality problems. The Ethereum network encountered finality problems twice in 24 hours, the first lasting 25 minutes and the second
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