Ethereum Struggles To Trade Above $1,650 Again, Is $1,750 Possible For Bulls?
ETH’s price needs to stay above $1,500 for the price to have a chance to rally high to a region of $1,700. ETH’s
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JP Morgan executes first DeFi trade on a public blockchain: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The first week of November proved to be the institutionalization of DeFi markets as major international banks and financial institutions executed and completed their first
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SEC Charges Trade Coin Club Founding Members With Operating a $295 Million Ponzi Scheme
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
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JP Morgan executes first DeFi trade on public blockchain
Multinational banking firm JP Morgan has successfully executed its first ever cross-border transaction using decentralized finance (DeFi) on a public blockchain.The trade was facilitated by the Monetary Authority of Singapore’s (MAS) Project Guardian on Nov. 2 — which was established as part of a pilot program to “explore potential decentralized
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Singapore bank DBS uses DeFi to trade FX and state securities
DBS Bank, a major financial services group in Asia, is applying decentralized finance (DeFi) for a project backed by Singapore’s central bank.DBS has started a trading test of foreign exchange (FX) and government securities using permissioned, or private, DeFi liquidity pools, the firm announced on Nov. 2.The development is part
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‘Rick and Morty’ Co-Creator’s NFT Collection Sees $14M in Trade Volume Hours After Mint
Art can be minted using an ERC-20 token called GOO, which is earned by holding Gobblers. The tokenomics get a bit complex – after earning GOO, holders can create “Pages,” which are NFTs that act as blank canvases to either digest, trade or “glaminate” with custom artwork. Source
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Stablecoin HUSD Continues to Trade Below $1 Parity as Token Taps an All-Time Low at $0.72 – Bitcoin News
After Huobi Global announced that it would be delisting the stablecoin HUSD and auto-converting customer balances 1:1 with tether tokens, the stablecoin asset has dropped significantly in value sliding to a low of $0.72 per unit. HUSD Remains Below the $1 Peg Another stablecoin is struggling to maintain parity with the
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New NFT Marketplace Blur Closes in on OpenSea in 24 Hour Trade Volume
According to the dashboard, created by NFT data aggregator Sealaunch, OpenSea still maintains a sizable lead on Blur, although trading on Wednesday topped other Ethereum-based competitors like LooksRare and X2Y2. The platform also had 2,527 unique users on Wednesday and made 10,911 sales. Other data tracking tools, including DappRadar, which
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Robinhood Allows Crypto Customers to Trade Aave and Tezos
Robinhood also recently announced it has launched its beta Web3 wallet and allowed 10,000 waitlisted customers to participate in the testing phase.Popular crypto trading app Robinhood has announced support for Tezos (XTZ) and Aave (AAVE), meaning users can buy and sell them on any of its platforms. The 18.7 million
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Santander Proposes Project to Tokenize and Trade Assets with Brazilian CBDC
The objective of this project is to streamline the processes of transacting with different kinds of property through the platform.Santander, one of the biggest banking institutions in the world, has put out a proposal to broaden the scope of Digital Real’s potential usage as a central bank digital currency (CBDC)
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