Majority of the DeFi tokens in the top-100 traded in green along with rest of the market in the wake of new CPI data release and several tokens registered doubled digit gains. Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over...Continue Reading

The 2022 Blockchain Futurist conference in Toronto, Canada wrapped up this week. DeFi and institutional adoption of crypto were high on the agenda. You might not know it, but Canada is quietly becoming a major player in the blockchain and crypto scene: Ethereum has strong Canadian roots, Toronto-based 3iQ launched North America’s first physically-settled Bitcoin (BTC)...Continue Reading

Bitcoin and many altcoins are carving out bottoming patterns as sentiment across the crypto and equities markets continues to improve. Bitcoin (BTC) could not overcome the barrier at $25,000 on Aug. 11 even though it had two catalysts in the form of a “favorable” Consumer Price Index print and news that BlackRock — the world’s...Continue Reading

The national regulator urges the industry players to comply with the local legislation. The government of Uzbekistan, which has previously made significant steps toward a moderate approach to crypto, announced Wednesday that it has restricted access to a number of large international crypto exchanges due to accusations of unlicensed activity.  In a statement from Aug....Continue Reading

The total crypto market capitalization is rising toward $1.25 trillion, but an assortment of metrics show retail and institutions are not ready to “ape.” An ascending triangle formation has driven the total crypto market capitalization toward the $1.2 trillion level. The issue with this seven-week-long setup is the diminishing volatility, which could last until late...Continue Reading

Github, Circle, dYdX, Alchemy, and Infura… All platforms have taken action against Tornado Cash or individuals connected to the mixer following U.S. sanctions. The Tornado Cash DAO went offline after many social media users reported the community discussing ways to challenge sanctions recently imposed by the United States Treasury Department’s Office of Foreign Asset Control....Continue Reading

With some areas of the blockchain space showing signs of a potential bottom, July showed that the market remains in a cautionary state. The blockchain industry showed some surprising resilience in July, which may point to a period of greater fundamental support for the crypto space overall in the short term. In looking at a...Continue Reading

The email marketing service provider temporarily suspended crypto-related accounts due to alleged terms of service violations. The email marketing platform Mailchimp appears to have suspended its services to crypto content creators. Platforms associated with crypto news, content, or related-services started to have issues logging into accounts, followed by notices of service interruptions which began surfacing...Continue Reading

The global exchange will provide “guaranteed atomic execution and clearing of both legs” for the futures trades on eight cryptocurrencies. Digital asset investment firm Paradigm has announced the launch of spreads trading in partnership with crypto exchange FTX. In a Friday blog post, Paradigm said under the FTX partnership users would be able to utilize...Continue Reading

Bank of Russia started CBDC testing in 2022 and expects to implement an official banking rollout in the year of presidential elections in 2024. The Bank of Russia continues working towards the upcoming adoption of the central bank digital currency (CBDC), planning an official digital ruble rollout in a few years. According to the Bank...Continue Reading