Celsius, one of the largest crypto lenders, shut its doors to the public over the weekend, citing the dangers of market volatility and defi scams.
Financial arm of the major Brazilian retailer now facilitates cryptocurrency trading for millions of users of its digital wallet, MagaluPay.
In this conversation, we go through the essentials of Decentralized Finance with Kerman Kohli, who is a serial entrepreneur and the writer of the DeFi Weekly newsletter. We discuss the mechanics of issuing stablecoins, decentralized lending, decentralized exchange, automated market makers, and the increasing complexity of synthetic assets that have grown the sector to nearly $7 billion in August of 2020.
Offering a segregated bitcoin custody model, the bank provides institutional customers with SPDI-driven protections.
Agreena has partnered with ZTLment to facilitate increased incentives for carbon sequestration in the agricultural sector
As the crypto wave continues to sweep Latin America, both banks and fintechs are crafting an expanding crypto offering in Brazil.
Messari calls itself the Bloomberg of Web3; we dig into that statement to see if it rings true
For incumbents, changing existing financial infrastructure systems is like taking the engine out of the plane in mid-air.
Along the companies trying to soften the crisis impact on their business was Mexico's Bitso, one of the largest crypto exchanges in LatAm.
The Securities and Exchange Comission punted again on allowing a passive Bitcoin ETF to enter the market. It failed to approve the VanEck SolidX Bitcoin Trust, instead opting to open a commentary period to address several questions around Bitcoin price formation and the health of the exchanges. A similar outcome faces the Bitwise Bitcoin ETF. You can tell I am not a fan of this waffling, and there are two core reasons: (1) the years-long delay and uncertainty is responsible for financial damage to both traditional and crypto investors, and (2) the premise of the objections misunderstand the environment of the Internet and the way our world is shaping up in the 21st century.