J.P. Morgan Conducts the First-Ever Defi Deal Using A Public Blockchain

Kavon Hyatt | November 4, 2022 | Leave a comment

J.P. Morgan has closed the first international transaction to use distributed financing (DeFi). A public blockchain served as a means to complete the transaction. Project Guardian enabled the transaction to take place on November 2 .The Monetary Authority of...

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Mastercard Expands Its Blockchain Accelerator to Include Seven Startups

Kavon Hyatt | November 3, 2022 | Leave a comment

Mastercard, as a leader in global payments, is still supporting blockchain and cryptocurrency firms. It’s doing this through the Mastercard Start initiative. This Project Serves as Mastercard’s Financial Technology Accelerator For its Start Path program, Mastercard has chosen seven...

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Approval Has Been Granted in Singapore for Both Circle and Paxos

Kavon Hyatt | November 3, 2022 | Leave a comment

Circle and Paxos, two stablecoin issuers, have each been given license clearance in Singapore. In addition, the central bank of Singapore, known as the Monetary Authority of Singapore (MAS), gave its approval. Circle’s application for a license to operate...

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Increased Whale Activity Drives Chainlink’s (LINK) Price To $8

Kavon Hyatt | November 1, 2022 | Leave a comment

Chainlink (LINK), an Oracle service provider, experienced a significant spike over the previous weekend. As a result, the price of Chainlink (LINK) increased to $8.  The cost of LINK is now $7.89 as of the time of publication. The...

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FTX Exchange Extends Crypto Services In The UAE 

Kavon Hyatt | October 31, 2022 | Leave a comment

FTX, a US-based crypto exchange, has expanded its crypto services in the United Arab Emirates. The company announced the news on its Twitter account. Meanwhile, it noted that its FTX’s services are now available only for accredited institutions and...

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Thailand And Hungary Partners To Explore The Blockchain Industry 

Kavon Hyatt | October 31, 2022 | Leave a comment

According to multiple media reports, Thailand and Hungary’s fintech organizations have signed a deal agreed to help introduce blockchain technology to their respective financial systems. This partnership will allow both parties to identify possible areas that will benefit both...

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White Hat Hacker Returns Over 50% Off Stolen Funds

Kavon Hyatt | October 31, 2022 | Leave a comment

A SlowMist report has revealed that over $7 million has been returned from an attack on the DeFi platform, Team Finance, in late October. The hacker who stole $14.5 million from Team Finance began returning the stolen assets to...

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Scam Allegation: UK Dissolves Crypto Trading Firm

Kavon Hyatt | October 31, 2022 | Leave a comment

The digital currency industry has been hit by scams and ripoffs, the latest being PGI Global UK. The country’s High Court dissolved the digital currency firm after allegedly defrauding investors of $709,000. The company promised its investors that they...

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Ethereum Exchange Inflows Surge Signals A Profit Taking

Kavon Hyatt | October 31, 2022 | Leave a comment

Ethereum recently experienced a bullish movement causing its price to soar by nearly 25%. Notably, the price of ETH was observed to have surged following the bullish trend in the Ethereum trading exchange. ETH price spiked from $1,300 to...

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The Number of Bitcoin ATMs In Russia Moscow Is Rising

Kavon Hyatt | October 30, 2022 | Leave a comment

Crypto ATMs are all over the place in Russia, despite the obvious lack of regulation. The demand for the service is expanding since it offers easy access to cryptocurrency. Even if the conversion rates are not the best, the...

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