Decentralized Finance
-
How Celsius Network’s Legal Troubles Could Impact the Company and Customers
According to reports, developer Cam Crews has compiled an online chart detailing the lawyer and consultant fees Celsius will need to pay in bankruptcy proceedings. According to dat
-
XanPool, a Cryptopayment Platform, Reduces Staff and Closes Offices in Singapore and Malaysia
According to reports, XanPool, a cryptopayment platform, has reduced its staff to less than 40 and closed offices in Singapore and Malaysia. It is reported that XanPool has current
-
Australian Venture Capital Firm Raises $1400 to Expand Southeast Asian Market and Increase Investment in Web3 and Blockchain Sectors
On March 21, it was reported that Australian venture capital firm VentureCrowd is raising $1400 to expand the Southeast Asian market and increase investment in the Web3 and blockch
-
Balancer Protocol Launches on Gnosis Chain: A Boost for Decentralized Transactions
On March 20th, it was reported that the decentralized transaction protocol Balancer had been launched on the Gnosis Chain of the Ethereum side chain. Balancer will provide liquidit
-
MakerDAO’s Endgame: A Governance Reform Proposal by Rune Christensen
According to reports, Maker founder Rune Christensen released a governance reform proposal called Endgame at the governance forum, which includes implementing the Maker Constitutio
-
A Reflection on the TrueUSD and Ark Invest SEC Filing Situation and the Role of Uniswap
21:00-7:00 Keywords: TrueUSD, Ark Invest, SEC, Uniswap Overview of important developments overnight on March 16th Analysis based on this information:TrueUSD, a stablecoin backed by US dollars, has recently gained the attention of the Securities and Exchange Commission (SEC) and the popular investment management firm Ark Invest. In a recent filing with the SEC, Ark Invest disclosed that it holds TrueUSD as a potential investment option for its exchange traded funds (ETFs). This move by Ark Invest highlights the growing acceptance and use of stablecoins as investment options. However, this move has not been without its challenges. The SEC has been scrutinizing the use of stablecoins and their compliance with regulatory frameworks. The use of TrueUSD by Ark Invest raises a number of questions regarding the regulatory status of stablecoins. To add to the uncertainty, Uniswap, the decentralized exchange that allows users to trade cryptocurrencies without the need for a centralized exchange, has also come under the scrutiny of the SEC….
-
Kava 13 Upgrade: The Future of Decentralized Finance
On March 15th, Kava posted a blog post stating that the Kava 13 upgrade is imminent, including: Kava 13 upgrade is coming soon, and Kava EVM 2.0 will be launched to improve performance support. New protocol is launched Analysis based on this information:Kava, the blockchain-based platform that provides interoperability and modular customization for decentralized finance (DeFi) applications, recently announced on their blog that the Kava 13 upgrade is near at hand. This upgrade is a significant step for Kava in becoming the premier blockchain platform for DeFi, providing users with more robust features than ever before. The Kava 13 upgrade consists of several major improvements that will benefit its users. Firstly, the Kava 13 upgrade includes a new governance module designed to enable users to vote on proposals that may affect the platform’s overall progress. This new governance module is a critical component of the Kava ecosystem, as it ensures the continued growth and evolution of the platform. Another significant…
-
Alex Secures $2.5 Million in Funding to Expand Decentralized Finance Services
It is reported that Alex, the decentralized exchange of Bitcoin, completed a strategic round of financing of US $2.5 million, with the participation of Trust Machines and Gossamer Capital. In addition to decentralized exchanges, Alex also provides pledge, income agriculture and start-up board services. The funds raised this time will be used to continue to establish decentralized finance in the Bitcoin ecosystem and expand user communities. Alex, the Bitcoin Decentralized Exchange, completed the financing of US $2.5 million Analysis based on this information:Alex, the decentralized exchange of Bitcoin, has completed a strategic round of financing of US $2.5 million, with the participation of Trust Machines and Gossamer Capital. This funding will be used to continue to establish decentralized finance in the Bitcoin ecosystem and expand user communities. This announcement is significant because it highlights the growing popularity of decentralized finance and its potential to reshape the financial industry. As a decentralized exchange, Alex allows users to trade cryptocurrencies without the…
-
StaFi halves commission fees to promote adoption and growth of DeFi platform
According to reports, the Decentralized Finance (DeFi) agreement StaFi announced on its blog on Wednesday that it had halved the commission fees of its liquid …
-
Aave Founder Considers Splitting and Launching Aave Swap on Goerli
According to reports, Stani Kulechov, founder and CEO of Aave, said on social media that it might split and launch Aave Swap on Goerli.
Founder of Aave…
-
The Price of Financial Opacity in Decentralized Finance
It is reported that Karel Kubat, chief technology officer of Composable Finance, said that he would leave Composable Finance, and criticized the lack of financ…
-
The Enigmatic Platypus and Its Connection to the Axis Infinity, LianGo Protocol, and Circle USDC
7:00-12:00 Keyword: Platypus, Axis Infinity, LianGo Protocol, Circle USDC
Summary of important developments at noon on February 19
Interpretation …
-
Financial Stability Board to Address Regulatory Concerns in Decentralized Finance
It is reported that the Financial Stability Board (FSB) issued a report saying that it would work with other international standard-setters to determine how to…