DeFi

BIS Study Urges Vigilance as DeFi and Crypto Approach "Critical Mass"

BIS Study Urges Vigilance as DeFi and Crypto Approach "Critical Mass"

Well, our friends at the Bank for International Settlements (BIS) just published an interesting long read. It looks at potential financial stability risks resulting from the crypto ecosystem’s growing links to the traditional financial system, including banks and nonbank financial companies. The study further underscores the immediate need for proactive...

Trump Repeals DeFi Tax Reporting Rules

Trump Repeals DeFi Tax Reporting Rules

Congress has repealed digital asset regulations concerning tax reporting requirements for certain decentralized finance (DeFi) platforms functioning as noncustodial brokers. On April 10, President Donald Trump signed House Joint Resolution 25, terminating the guidance. This move was a big step toward preventing the implementation of harmful regulations that would apply...

Ethena's Converge Blockchain Set to Merge DeFi with Real-World Assets

Ethena's Converge Blockchain Set to Merge DeFi with Real-World Assets

Ethena today announced the launch of Converge, a new educational Layer-1 blockchain. This new platform would be a significant new infrastructure to bridge decentralized finance (DeFi) with real-world assets (RWAs). As far as development, Converge is preparing for a mainnet launch in Q2 of this year. They are excited to...

Flare Set to Ignite XRP DeFi Capabilities with FXRP Launch

Flare Set to Ignite XRP DeFi Capabilities with FXRP Launch

The future Impact Flare is bound to change the XRP-digital asset landscape. They’re about to launch FXRP, a new world of decentralized finance (DeFi) possibilities. On April 10, the company shared a major development in creating the opportunity for yields on more than $116 billion of XRP. This joint effort...

XenDex to Revolutionize XRP DeFi with Comprehensive Decentralized Exchange

XenDex to Revolutionize XRP DeFi with Comprehensive Decentralized Exchange

XenDex, an all-in-one DEX launching on the XRP Ledger. For starters, it’s set to introduce a host of proprietary features that promise to redefine how users interact with decentralized finance (DeFi) on the platform. Such a non-custodial platform brings to market a rich, decentralized ecosystem. It combines lending and borrowing,...

AAVE Surges as Whale Activity and Bullish Indicators Point to Potential Breakout

AAVE Surges as Whale Activity and Bullish Indicators Point to Potential Breakout

AAVE, one of the biggest decentralized finance (DeFi) protocols, has seen a significant pump — up almost 16% in the last week alone. Here’s why that upward momentum continues to be propelled by some significant headwinds. Strong whale accumulation, bullish technical formation, and broader crypto market rally fueled by Bitcoin...

BIS Calls for Crypto Regulation Amid Stablecoin Legislation

BIS Calls for Crypto Regulation Amid Stablecoin Legislation

The release from the Bank for International Settlements (BIS) has called for regulators to take swift, aggressive action to regulatory protect against damage in the crypto sector. This call to regulate isn’t happening in a vacuum, as U.S. Congress is debating proposed legislation to regulate stablecoins. We are glad to...

Qubetics Presale Gains Momentum, Eyes Mainnet Launch Amidst RWA Tokenization Push

Qubetics Presale Gains Momentum, Eyes Mainnet Launch Amidst RWA Tokenization Push

In this vein of significance, Qubetics is quickly picking up steam as it heads towards its mainnet launch. This blockchain platform excels at the tokenization of real-world assets (RWAs). The platform’s presale has already passed its 29th stage, raising more than $16 million from over 24,600 holders. Qubetics has already...

TermMax Launches Mainnet, Aims to Transform DeFi Lending and Borrowing

TermMax Launches Mainnet, Aims to Transform DeFi Lending and Borrowing

TermMax has officially launched its mainnet, and it is already becoming a pioneer in the mainstream decentralized finance (DeFi) ecosystem. By lowering many of the barriers to entry of traditional fixed-rate borrowing and lending, the platform provides users an innovative way to borrow and lend efficiently. TermMax is on a...