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DeFi News
Crypto-News-Flash
58m
67
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Crypto and DeFi Hit Critical Mass, BIS Sounds the Alarm
- The Bank for International Settlements (BIS) has warned that the crypto and DeFi sector has reached a critical mass and poses risks to global financial stability.
- The BIS report highlights concerns about widening wealth gap due to crypto, as retail investors are more active during market downturns compared to big players.
- The report identifies four main pathways through which crypto and DeFi could affect the global financial system, including direct exposure of financial institutions to crypto assets and bypassing traditional systems for transactions with digital assets.
- The BIS recommends that the DeFi sector comply with regulations, such as implementing Know Your Customer (KYC), data transparency, and stricter risk management.
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TronWeekly
13h
359
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BIS Report: Crypto Now Big Enough to Threaten Financial Stability
- The Bank for International Settlements (BIS) has warned that cryptocurrencies and decentralized finance (DeFi) have reached a critical mass, posing a threat to financial stability.
- The integration of crypto with traditional finance is growing, driven by the introduction of spot Bitcoin ETFs and the tokenization of real-world assets.
- The BIS report highlights four transmission channels that could amplify future financial risks: direct exposure of traditional finance to crypto, market confidence shocks, wealth volatility due to price swings, and the use of crypto for payments and settlements.
- The report suggests containing and regulating DeFi rather than prohibiting it, advocating for compliance measures like KYC requirements, transparency obligations, and licensing to mitigate potential spillover risks to the broader economy.
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Medium
22h
112
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Say Hello to WOW CHAT: The Wallet-Based Messaging Revolution Empowering 3M+ Users
- WOW CHAT is a wallet-based messaging app that prioritizes privacy and has over 3 million users.
- With WOW CHAT, your wallet is your identity, providing no unnecessary data, surveillance, or compromise.
- The app offers end-to-end encrypted messaging, wallet integration, and group chats built around Web3 identities.
- Join the presale to not just use the app, but also own a part of the empowering infrastructure.
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Bitcoinist
1d
203
Image Credit: Bitcoinist
Ripple-Backed Hidden Road Achieves Broker-Dealer License Approval
- Ripple Labs-owned Hidden Road subsidiary, Hidden Road Partners CIV US LLC, obtains broker-dealer license approval from FINRA.
- Approval allows Hidden Road to enhance its fixed income prime brokerage platform and offer comprehensive regulatory-compliant services.
- Hidden Road aims to provide technology-driven services to institutional clients and position itself as one of the largest non-bank prime brokers globally.
- Ripple's acquisition of Hidden Road for $1.25 billion enhances the utility of Ripple USD stablecoin and plans to streamline operations through XRPL.
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TronWeekly
1d
1
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Cardano Dominates DeFi? ChatGPT Sees ADA at $20 If Bitcoin Joins In
- Cardano's market capitalization could potentially reach $1 trillion if it becomes Bitcoin's primary DeFi layer by 2030.
- With a circulating supply of 50 billion ADA, the token's price could rise to the $10–$20 range.
- Cardano could rival Ethereum in Total Value Locked (TVL), smart contracts, and deliver a superior DeFi user experience.
- ADA price is currently at $0.6166, showing signs of whale accumulation and preparing for its next significant move.
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Changelly
1d
169
Image Credit: Changelly
DeFi vs CeFi: A Beginner’s Guide to Digital Finance Differences
- CeFi (Centralized Finance) relies on central authorities like exchanges to manage financial transactions, offering familiar structures and customer support.
- Examples of CeFi platforms include Binance, Coinbase, Kraken, Crypto.com, and Nexo, providing services comparable to traditional banks.
- Key features of CeFi include centralized control, KYC requirements, custodial services, customer support, and a wide service range.
- Pros of CeFi include ease of entry for newcomers, services like lending and borrowing, and customer support, but it comes with risks like hacks and limited transparency.
- DeFi (Decentralized Finance) operates on public blockchains using smart contracts, allowing users to have full control over their funds and interact directly with protocols.
- Leading DeFi examples include Uniswap, Aave, Curve Finance, Lido Finance, and PancakeSwap, offering services without intermediaries and enhanced transparency.
- Key features of DeFi include permissionless access, smart contract automation, user control, open-source code, and innovation in financial tools.
- Pros of DeFi include control and direct access to financial tools, lower transaction fees, 24/7 market availability, transparency, and ongoing innovation.
- Cons of DeFi include risks of internet connectivity, smart contract bugs, lack of customer support, complex interfaces, and vulnerabilities to errors and hacks.
- CeFi and DeFi differ in ownership of assets, development transparency, arbitrage risks, trading methods, custody, atomicity, access, transparency, fees, innovation speed, risk, security, cross-chain services, fiat conversion, and regulation.
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TronWeekly
2d
94
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OKX Re-enters the U.S. Market with Fresh Leadership After $505M DOJ Resolution
- OKX has re-entered the U.S. market with a new CEO and a new crypto wallet that supports over 130 blockchains.
- The company settled with the DOJ for $505 million and agreed to comply with U.S. regulations, including implementing KYC checks and fraud detection.
- Roshan Robert, a former director at Barclays, is the new CEO of OKX in the U.S.
- The relaunch includes a transparent monthly reserve reporting system, verified by an external firm like Hacken.
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Coin Telegraph
2d
344
Image Credit: Coin Telegraph
Why is Solana (SOL) price up today?
- Solana (SOL) has seen a remarkable price surge, climbing 40% in the last 10 days.
- Several factors are driving the SOL price up today, including the launch of the first spot Solana ETF in Canada.
- Solana's network deposits and growing institutional adoption are also contributing to the price surge.
- SOL price's technical analysis indicates a bullish momentum, targeting $200.
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TronWeekly
3d
127
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Bitcoin Dominates Crypto Market in Q1 2025 as Ethereum and Altcoins Struggle
- Bitcoin dominance reached 59.1% in Q1 2025, marking a significant market shift.
- Ethereum fell 45.3% in Q1 2025, erasing all 2024 gains amid market turmoil.
- Q1 2025 saw $633.5B wiped from total crypto market cap, down 18.6% from January.
- Meme coins and DeFi sector experienced sharp decline in Q1 2025.
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Bitcoinist
14h
87
Image Credit: Bitcoinist
MoonPay CEO Champions Inclusion Of State-Level Stablecoin Issuers In Federal Legislation
- MoonPay CEO Ivan Soto-Wright supports pro-stablecoin legislation.
- Soto-Wright advocates for a balanced approach that includes state-regulated stablecoin issuers.
- He raises concerns that current drafts of legislation favor federal Payment Stablecoin Issuers (PSIs) over state-regulated entities.
- The House Financial Services Committee will discuss the STABLE Act, aiming to create a regulatory framework for stablecoins.
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Medium
1d
30
Image Credit: Medium
NAIL ART COMMUNITY SPOTLIGHT : CELEBRATING CREATIVITY IN MUMU NAILMASTER.
- The Mumu NailMaster community is flourishing with artistic talent and vibrant ideas.
- Each week, standout artists are featured in special showcases, highlighting their stunning nail art and creative minds.
- One player, known as "NailWhiz," recently created a design inspired by stained glass windows, capturing the community's attention.
- The Mumu NailMaster community welcomes newcomers, offering constructive feedback, inspiration, and mentoring to nurture creativity.
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Medium
1d
7
Image Credit: Medium
HOW MUMUBIT TYCOON AND NAILMASTER WORK TOGETHER
- Mumubit Tycoon and NailMaster have joined forces to provide a powerful combination of tools for entrepreneurs and nail professionals.
- Mumubit Tycoon offers robust business tools for analytics and marketing strategies, while NailMaster focuses on nail design tutorials and resources.
- By combining the two platforms, users can improve their nail design skills while effectively marketing their creations to a wider audience.
- This partnership is beneficial for aspiring nail professionals and hobbyists who want to monetize their passion.
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Crypto-News-Flash
2d
334
Image Credit: Crypto-News-Flash
Converge Sets the Stage for Scalable Cross-Chain DeFi
- Converge integrates Arbitrum, Celestia, and G2 sequencer to deliver high-speed, scalable DeFi infrastructure for institutions.
- Ethena and Securitize plan to migrate over $7 billion in assets to the Converge network for cross-chain DeFi access.
- Converge aims to achieve block times as low as 100 milliseconds, with a goal of 50 milliseconds by the end of the year.
- Converge utilizes stablecoin gas fees and enables account abstraction with ERC-7702, allowing for batch transactions and programmable session keys.
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NullTX
2d
350
Image Credit: NullTX
Smart Money Wallets Show Targeted Accumulation in AI, DeFi, and Meme Sectors
- Smart money wallets have been actively accumulating assets in sectors like AI and robotics, DeFi and staking, and meme tokens in the past 24 hours.
- 19 identified 'smart money' wallets made significant accumulations across these three sectors, with varying numbers of wallets focusing on AI, DeFi, and memes.
- AI and robotics projects, such as AGiXT, are attracting attention for their real-world AI capabilities and context-aware technology, with institutional interest evident.
- DeFi sector interest was noted with Maple Finance's SYRUP token, adding to the growing allure of decentralized finance and staking mechanisms.
- Meme tokens like Italianrot also saw multiple smart money wallets accumulating, showcasing the ongoing appeal of community-driven speculative assets.
- Investors' strategic positioning across these narratives indicates a diverse investment approach, blending technology-focused plays and high-risk meme coin bets.
- The continued traction of these sectors raises questions about whether retail traders will be able to keep up with the moves made by early smart money investors.
- The accumulation patterns suggest a wider shift towards varied high-upside narratives in the crypto space, reflecting a blend of technological faith and momentum strategies.
- As smart money flows into these sectors, retail traders may find themselves chasing the trends set by more informed early movers.
- Disclaimer: The article provides insights into recent smart money wallet activities in the crypto market and is not intended as trading or investment advice.
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TronWeekly
2d
317
Image Credit: TronWeekly
Ethena and Securitize Set Q2 2025 Launch for Converge Blockchain, Merging DeFi and Finance
- Ethena and Securitize have announced the upcoming launch of Converge blockchain, merging DeFi with institutional finance.
- Converge is set to launch in Q2 2025 and aims to support permissionless DeFi applications and permissioned institutional products.
- Arbitrum and Celestia technologies will be used for high performance and low latency on the Converge network.
- By leveraging Ethena's stablecoins, Converge will streamline accounting procedures and attract major institutional players in DeFi.
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