Research from Bloomberg Intelligence argues that liquidity conditions still do not favor a continuation of the Bitcoin rally. Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warned. In its latest research, Bloomberg Intelligence revealed a cool stance on the ongoing 2023 crypto market rally. Bloomberg:...Continue Reading

The collaboration is set to allow users to build decentralized autonomous organizations quickly and securely, for less than 50 cents, with no coding required. Aragon, an open-source framework designed to launch decentralized autonomous organizations (DAOs), has revealed that its infrastructure is now available on the Polygon network.  The collaboration between Aragon and Polygon Labs will...Continue Reading

Balancing cost-cutting efforts with smart efficiency strategies can help crypto companies weather current macroeconomic conditions. Crypto winter has been challenging enough for the industry; it doesn’t help that the broader macroeconomic environment is uncertain as well. With ongoing talk of a potential recession, tightening access to investor capital and rising interest rates, some crypto and...Continue Reading

Ava Labs has introduced its new Evergreen subnets, aiming to help institutions improve control and intercompany communication on the blockchain. Ava Labs, the developer of the Avalanche layer-1 blockchain platform, is introducing new institutional deployments to improve the blockchain environment. On April 6, Ava Labs introduced Avalanche Evergreen Subnets, a suite of institutional blockchain tooling and...Continue Reading

Despite the warnings on DeFi, Treasury noted that “most money laundering, terrorist financing, and proliferation financing” occurred using fiat or outside the crypto ecosystem. A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit...Continue Reading

Tether supply across cryptocurrency exchanges has dropped 28% in 2023, however, hinting at an overall decline in demand for stablecoins. Tether (USDT) continues to benefit from the ongoing turmoil in the U.S. dollar-backed stablecoin industry with its market capitalization growing significantly in Q1 2023 at other stablecoins’ expense. Tether market cap reaches $80 billion On...Continue Reading

Discover how artificial intelligence is transforming the financial sector with nine examples of AI in finance. Artificial Intelligence (AI) is transforming the financial sector, revolutionizing how banks, financial institutions and investors operate. Here are nine examples of AI in finance, and how they are changing the industry: Fraud detection AI algorithms can analyze transactions in...Continue Reading

Japan’s Web3 project team released a white paper suggesting ways to expand the country’s crypto industry to establish a welcoming atmosphere for crypto. The Web3 project team of Japan’s ruling Liberal Democratic Party has released a white paper containing suggestions for expanding the nation’s industry, which has been incorporated into the national strategy by Prime...Continue Reading

A look at cryptocurrency’s role in the world of Islamic banking and finance. Islamic banking and finance is a system based on the principles of Shariah, or Islamic law, which, among many other things, prohibits the charging or paying of interest on loans and emphasizes ethical and equitable financial transactions.  One of the more notable...Continue Reading

Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don’t pay out bug bounties? Blockchain exploits can be extremely costly; with poorly designed smart contracts, decentralized apps and bridges are attacked time and time again. For example, the Ronin Network experienced a $625-million breach in...Continue Reading