Author: News Room
The behaviour of borrowers in decentralized finance (DeFi) is important in considering the design of collateralized borrowing platforms with emerging tokenized assets, a BIS study has found. The study’s authors claim to be the first to document individual DeFi wallets’ leverage, relevant to understanding financial stability concerns. The behaviors of borrowers in the decentralized finance space and DeFi market dynamics are important considerations when designing and managing platforms involving tokenized assets, a study by the Bank for International Settlements (BIS) has concluded. Financial institutions worldwide are increasingly experimenting with tokenizing traditional assets such as bonds and securities. The workings of…
NFT Staking — A unique and innovative way crypto investors use not only to buy non-fungible tokens but earn rewards and other privileges by locking them on a platform or protocol — has just gone better. Enterprise DAO-powered by Terra Money has now enabled cross-chain NFT staking for Cosmos chains including Terra, Stargaze, Juno, and soon Terra Classic. Read the full article here
Dune, a prominent data analysis platform, has integrated with Colorful Notion, introducing Polkadot’s (DOT) comprehensive analytics to the Dune ecosystem, according to the information shared with Finbold on March 19. This partnership marks a significant milestone in bringing Polkadot and Kusama (KSM) relay chain data to Dune for the first time. Dune users now have access to information from AssetHub for Polkadot, Astar, Bifrost, Hydradx, Interlay, and Centrifuge parachains, all within the Dune environment. Making Polkadot more accessible This collaboration not only expands the range of data available on Dune but also improves accessibility. Robert Habermeier, Polkadot co-founder and a…
Shiba Inu is steadfast in its pursuit of exceeding Dogecoin in valuation, with the development team asserting that Dogecoin’s reign as the leading meme coin is counting down. Dogecoin Days Are Numbered The Shiba Inu team reiterated their conviction about surpassing Dogecoin in a recent post on X. It comes amid trading platform CryptoCom spotlighting SHIB as the second most valuable meme-inspired project. Reacting to CryptoCom’s highlight, the Shiba Inu team noted that SHIB merely occupies position two today but is on track to be number one. In particular, the team remarked, “[Number] 2 today, but the Doge days are…
Binance, one of the leading cryptocurrency exchanges, has confirmed its support for the upcoming network upgrades and Hard Forks of Polygon (MATIC) and Cosmos (ATOM). Binance Announces Support for Polygon (MATIC) and Cosmos (ATOM) Network Upgrades and Hard Forks The decision aims to ensure the best possible user experience during these important developments in blockchain ecosystems. The Polygon (MATIC) network upgrade and Hard Fork is scheduled to occur at block height 54,876,000, which is estimated to occur on March 20, 2024 at 09:00. To facilitate this process, Binance will temporarily suspend token deposits and withdrawals from the Polygon (MATIC) network…
The top crypto prices today continued crashing as the Bitcoin (BTC) price extended lower to the $61,000 level again. In addition, the Ethereum price fell below the $3,200 mark. Meanwhile, other top altcoins, such as Solana (SOL), XRP, and Cardano (ADA) dropped significantly. Read the full article here
Several allies joined Coinbase Inc. (COIN) in its court fight against the U.S. Securities and Exchange Commission (SEC) to force the agency to rethink its refusal to write specific rules to govern the crypto industry, with Paradigm, the Crypto Council for Innovation and others filing outside arguments with the circuit court. A lawyer for Paradigm argued in a friend-of-the-court filing on Monday that the SEC is trying to treat crypto as if it comes from the old financial system the agency is accustomed to, in which a firm issues a security and should be responsible for informing the public about…
In a startling turn of events, the Remilia project, which was spearheaded by its founder Krishna Okhandiar, known in the digital realm as Charlotte Fang, has become the latest victim of a significant security breach. The incident, which has led to the unauthorized transfer of substantial amounts of ether and various NFTs, has sent shockwaves through the cryptocurrency and NFT communities, highlighting the persistent vulnerabilities within the blockchain ecosystem. The Incident at Remilia Unfolds The breach was first brought to public attention by Dumpster DAO, a user on the social platform X, who shared a screenshot purportedly from Okhandiar himself.…
MadWorld, a post-apocalyptic shooter game for iOS and Android, opened up registration for its early access playtest on Thursday, giving players an opportunity to test out its NFT-based territory control elements. And the studio behind the title, Carbonated, also shared that it has raised $13 million in fresh funding from prominent backers. Carbonated Inc, founded in 2015 by video game industry veterans from firms like PlayStation and Electronic Arts, revealed exclusively to Decrypt’s GG that it has raised a $13 million Series A round led by Com2uS, the South Korean gaming giant behind the XPLA blockchain network that MadWorld uses…
CCData has released the March 2024 edition of its “Stablecoins & CBDCs Report.” CCData is a leading company specializing in digital asset data and index solutions. They collect and aggregate vast amounts of pricing data on cryptocurrencies from various exchanges and sources, meticulously cleaning and standardizing it for use by institutions and retail investors. CCData also develops and calculates cryptocurrency indices that track the performance of specific segments of the digital asset market, often used as benchmarks for financial products like ETFs. They provide an API that allows developers and institutions to access accurate, real-time cryptocurrency market data, enabling the…