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One of France’s leading banks has turned to decentralized finance pioneer MakerDAO to propose the submission of bond tokens as collateral for a loan of the DAI stablecoin.The historic proposal, called “Security Tokens Refinancing,” was submitted to Maker’s governance forums by the international bank on Friday. It would be the
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South Korea banned virtual asset services providers (VASPs) and their staff from trading tokens they issue, the country’s Financial Services Comission (FSC) said in a Wednesday statement.Crypto services providers must set up internal processes for the conflict of interest rules within a month. Those who don’t will be facing suspension
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Uniswap (UNI) prices staged a solid rebound after crashing last week in the wake of China's decision to intensify its anti-Bitcoin and cryptocurrency rhetoric.UNI price gained 14.90% on Mon to reach an intraday high of $26.26. The pair's climb came a day after it dropped to a monthly low of
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Singapore startup Cyberdyne Tech Exchange (CTE) sold its first tranche of carbon neutrality tokens backed by Chinese carbon credits, according to a Monday press release.The exchange said it would sell the tokens, dubbed Carbon Neutrality Token (CNT), back in July.CTE sold tokens corresponding to 5,000 metric tons of carbon credits
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Launched in 2018 as “Strike” and later relaunched with a new name and the mainnet in December 2020, Perpetual Protocol is a decentralized exchange (DEX) designed for leverage trading, short positions, and low levels of slippage. It uses a virtual automated market maker (vAMM) and collateralization vault to settle trades
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While a number of popular crypto-assets like bitcoin have been consolidating, decentralized finance (defi) tokens have captured significant gains during the last 24 hours. A few defi crypto assets have seen double-digit gains and the leader of the pack is Uniswap which has jumped 20.9% in the last 24 hours. Uniswap’s
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The Forefront round was cobbled together from a group of small firms and investment collectives, including 1kx, MetaCartel Ventures and Scalar Capital, as well as such angel investors as McFedries and Jesse Grushack, formerly of Ethereum software company ConsenSys. Source
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Aave, Compound, Uniswap and Sushi all quickly established themselves as blue chips in the space and in turn gained billions of dollars in total value locked (TVL) and market capitalization. Value quickly accrued to the platforms’ governance tokens, and the assets soared against both the dollar and ether. Original Source
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The Bitcoin.com Team is excited to announce the integration of ERC-20 tokens into the Bitcoin.com Wallet. That means anyone can now buy, sell, receive, store, trade, and send ERC-20 tokens with the convenience and security of the industry’s most user-friendly non-custodial wallet. ERC-20 Tokens? ERC-20 is the standard protocol for creating tokens
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American CryptoFed DAO, a Wyoming-based decentralized autonomous organization, has filed two forms with the United States Securities and Exchange Commission, or SEC, to launch two variants of inter-dependent stablecoins named Locke and Ducat.According to CryptoFed’s Form 10 submission, the tokens are awaiting their registration as utility tokens hosted on the
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