Frax Finance, the DeFi project, will soon launch Frax Price Index (FPI): the new inflation-pegged stablecoin. The new token tracks the US Consumer Price Index (or CPI), using oracle data from Chainlin...
Tag: Finance
Money Laundering and Terror Financing Biggest Risk of Crypto as per Indian Finance Minister
13 mins ago | 2 mins read Editors News As a result of the COVID-19 epidemic, India’s digital adoption rate increased. Reserve Bank of India (RBI) is working on introducing India’s own digital currency...
Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing – Finance Bitcoin News
The Central Bank of Russia has emphasized the importance of moving forward with its digital ruble project. According to a statement by a top representative, the monetary authority has no intention to ...
How Net Zero Became Our Global Climate Goal And Why We Need It
The latest IPCC report is a grave warning from scientists about the health of the planet in the face … [+] of climate change. Future Publishing via Getty Images 2021 was the year net-zero commit...
Inflation-linked stablecoin from Frax Finance is a big deal, here’s why
Frax Finance will soon launch the Frax Price Index (FPI) token, expanding the firm’s suite of protocol offerings. FPI is unique in that it’s the first stablecoin to track the U.S Consumer Price Index ...
Are these the most versatile blockchains on the market: Caprice Finance (CFT), Solana (SOL), Polkadot (DOT)
Versatile and efficient blockchains are the way of the future. Slow transaction fees and high gas fees will become a thing of the past and Ethereum’s upgrade to Ethereum 2.0 will make a significant im...
Can You Earn Real Money with Fantasy Finance Tournaments Every Week?
Advertisement     It’s hard not to notice the explosion in the popularity of fantasy tournaments. But why are more players giving these competitions a chance? Can you ...
75% Among New Stakers on Lido Finance Joined Through Staking Protocol
The growth of staking on Beacon Chain is increasing because of the Ethereum Merge. Many stakers on the consensus layer have done so through Lido Finance. The project in its recent blog post disc...
Nigeria’s Xend finance celebrates one-year mainnet launch
TL;DR Breakdown Xend Finance celebrates one year anniversary. Adds several innovative, unique features to its platform. Xend Finance, a Nigerian crypto bank for those in underserved regions, announced...
3 Most Promising Tokens to Look Out: Bitcoin (BTC), Dogecoin (DOGE) and Qutiram Finance (QTM)
When the first quarter ended, what did you do as an investor? Evaluate your strategy? Cut your loss? Or look for the next ×10 for your portfolio? The Russian-Ukrainian crisis made many people know tha...
75% of New Stakers on Lido Finance Joined via Staking Project in Past Month
Staking on Beacon Chain has been booming due to the much-awaited Ethereum Merge despite delays. A major chunk of new stakers on the consensus layer have done so using Lido Finance. In the latest blog ...
Warren Tells IRS to Focus Audits on the Rich, Not Low-Income Taxpayers
Lawmakers are calling on the IRS to stop disproportionately auditing low-income taxpayers, who they say are far more likely than other taxpayers to face IRS scrutiny, with audit rates for poorer filer...
Bank of England’s Opinion on Cryptoassets and Decentralized Finance
HodlX Guest Post Submit Your Post My take on the UK apex bank’s opinion on crypto assets and DeFi and its move to regulate the crypto industry. Following the recent release of a 40-page report by t...
Russian Finance Ministry Lively Acting On Final Crypto Regulation Bill
Ongoing issue of circulation of virtual currencies and mining of such assets in Russia remains a talking point for quite some time now. The document on “virtual currency” initiates the notion of profe...
You Made $700 From an Online Side Hustle. Now the IRS Will Know.
Now that your 2021 taxes are done—or at least under way—it’s time to focus on a key tax change for 2022 affecting millions of Americans making money through platforms like eBay , Etsy , Airbnb , Venmo...
FLUID Finance Raises $10 Million in Round Led By GSR & Ghaf Capital
The appetite for decentralized finance has grown as major players continue to invest in the area. FLUID, a one-stop solution for liquidity aggregation, said Wednesday it has raised $10 million in a fu...
Algorand founder Silvio Micali wants to usher in the democratization of finance
Cointelegraph’s Joseph Hall sat down with Silvio Micali, founder of Algorand, as part of its on-the-ground coverage of Paris Blockchain Week Summit. Algorand is a blockchain that uses a pure proof-of-...
Truffle Finance unveils its new financial protocol that rewards users using a sustainable compound interest model
With an innovative proposal in the cryptocurrency market, Truffle Finance innovates in its DEFI protocol and exploits the maximum of its APY with 980,990.50% for the first 12 months. Always prioritizi...
Global Finance SD Announces Private Sale and Roadmap for 2022/2023
Advertisement     Since the advent of cryptocurrencies, there has been a contention between the industry and the traditional monetary system. This doesn’t have to be t...
Recession is `the most likely’ outcome for U.S. economy, says Larry Summers
Former Treasury Secretary Larry Summers, whose out-of-consensus views about the risks of persistent inflation have come true, is reiterating his concerns about a potential U.S. downturn: He now says a...
DeFi Protocol Notional Finance Integrantes Chainlink Price Feeds
DeFi is short for Decentralized Finance. It takes inspiration from the blockchain technology and its emerging nature of connecting two individuals directly without involving any third party. Technical...
Oz Finance invites Ukrainian companies to the Philippines through govt partnership, token staking –
Manila, April 2022 – Oz Finance (Oz), an open-zone, digital-assets project with the aim of connecting a network of special economic zones (ecozones) around the world, helping them to connect to the di...
Cryptocurrencies Carry Systemic Risks, Threaten Ruble, Bank of Russia Insists – Finance Bitcoin News
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed i...
Logarithmic Finance (LOG), NEAR Protocol (NEAR) and Monero (XMR)
Many people have been amazed by the ongoing expansion of the crypto market cap, while others have seen it as unavoidable. The indisputable reality is that this unique financial sector has proceeded to...
Blackrock, Fidelity to Invest in Crypto Firm Circle’s $400 Million Funding Round – Finance Bitcoin News
Blackrock, Fidelity, Marshall Wace, and Fin Capital are investing in crypto firm Circle. In addition, Blackrock, the world’s largest asset manager, has entered into a broader strategic partnership wit...
New York Lt. Gov. Benjamin Resigns After Arrest For Alleged Campaign Finance Fraud
Topline Brian Benjamin has resigned as lieutenant governor of New York, Gov. Kathy Hochul (D) said Tuesday afternoon, just hours after he was arrested and charged with fraudulently siphoning thousands...
Earn Passive Income in Decentralized Finance
Liquid staking: If you’re looking for a relatively safe way to earn passive income in decentralized finance (DeFi), there’s nothing better than staking your tokens to validate the network, says Alexan...
The Safe Investment That Will Soon Yield Almost 10%
There’s no such thing as a free lunch in finance. Except maybe this: The interest rate on inflation-adjusted U.S. savings bonds will approach 10% beginning in May. U.S. Treasury Series I Bonds, or I B...
New York Lt. Gov. Benjamin Arrested For Campaign Finance Fraud
Topline New York Lt. Gov. Brian A. Benjamin, the second highest-ranking official in the state, was arrested Tuesday by federal authorities on bribery and fraud charges involving alleged illegal donati...