Perhaps most importantly, the financial landscape is experiencing a major revolution, thanks to advances in crypto banking. EIP-7702, a new standard that will have major implications for smart contract wallets, and Bitcoin ETFs are the vanguard of this evolution. These innovations are set to disrupt established financial markets, presenting exciting...
The international decentralized finance (DeFi) market is growing at an extremely high rate. This growth continues because of the ever-increasing demand for more transparent, accessible, and permissionless financial services. Revenue of the market in 2024 is forecast to an extraordinary USD 21.04 billion. According to recent market research, experts predict...
On April 10, US President Donald Trump signed a joint congressional resolution. This new law would largely accomplish the goal of reversing the IRS’s wildly unpopular DeFi broker rule. This move, if made permanent, would commensurately prevent the Treasury Department from implementing expansive reporting requirements for DeFi platforms and services....
Frax Finance, a decentralized stablecoin protocol, recently made headlines with the appointment of Vince Dowdle, who most recently worked with Mastercard. This decision foreshadows a future merger between the worlds of decentralized finance (DeFi) and old Wall Street. Dowdle’s arrival is a significant hire for Frax. With this blue-chip background...
DPI Capital has dedicated millions in resources to support early-stage decentralized finance (DeFi) projects joining Arch’s Keystone accelerator program. Venture capital firm Andreessen Horowitz is particularly focused on Arch. They think it has a legitimate chance of surpassing Ethereum in the decentralized finance (DeFi) arena. DPI Capital's investment signals strong...
As for ZENMEV, it’s a decentralized finance (DeFi) platform that transforms Maximal extractable Value (MEV) opportunities into rewards for its users. Recently, it raised $140 million in funding led by VC VentureX. This investment is a powerful affirmation of confidence in ZENMEV’s innovative approach to redistributing MEV profits to poS...
THORWallet is emerging as the paradigm shift leader in the fast-growing world of decentralized finance (DeFi). It intentionally connects the great unknowns of crypto with the familiar comforts of traditional finance. The company’s mission now hones in on making the user experience simple while respecting decentralization’s foundational tenets. At the...
Frax, a decentralized stablecoin protocol that’s been stirring up quite the ruckus within the DeFi world, has brought on Vince Dowdle, former head of product at Mastercard. This 180-degree turn marks the increasing trend of traditional finance executives joining the decentralized finance space. It’s a sign that the long-anticipated connection...