DeFi News – Decentralized Finance & Crypto
Key Insights: Shinhan Bank of Korea and SCB Tech X, a subsidiary of Siam Commercial Bank, have completed a proof of concept (PoC). This PoC focuses on applying stablecoins on Continue Reading →
Key Insights: In an unprecedented move, Tether, the world’s leading stablecoin, has embraced a higher standard of transparency. The company recently announced its decision to end resistance to a Freedom Continue Reading →
On Thursday, the United States House Financial Services Committee turned its focus on stablecoins months after Republicans disapproved a bill (the Stablecoin Trust Act) that aimed to regulate this class Continue Reading →
Ever since the failure of Silicon Valley Bank, the price of Bitcoin has seen a bullish trend. Just before the failure of SVB, Bitcoin was trading at $19,600. As soon Continue Reading →
In the last seven days, MakerDAO has recorded a decline in its annualized fee income, total value locked (TVL), and the supply of its stablecoin DAI, suggesting possible troubles for Continue Reading →
The collapse of Silicon Valley Bank (SVB) sent shockwaves through the financial world, and the subsequent weekend was marked by chaos and uncertainty. However, amidst the chaos, new details have Continue Reading →
