Finance

OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian

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Binance, Other Crypto Players Shun Multichain as Bridging Rumors Swirl

Like most bridges, Multichain uses a mint-and-lock mechanism to move assets between the 92 blockchains it interacts with. For example, if a holder of...

Stablecoin Issuer Lybra Finance Nears $100M in TVL

Decentralized exchanges hold 9.61% of the total LBR supply, a steady decline from 23% two weeks ago, according to blockchain data firm Nansen. Nansen...

USBTC Aims to Become Bitcoin Mining Giant After Deal to Buy Celsius Assets

Under the Celsius deal, USBTC will enter into one or more operating and services agreements to be the "exclusive operator" of the Celsius mining...

Ivendi offers step-by-step guide to Consumer Duty regulations

Ivendi has taken the experience of 8,000 retailers, manufacturers and finance partners to create a free step-by-step guide to the new Consumer Duty regulations. The...

Percent Raises $29.7M for its Private Debt Marketplace That Brings Enhanced Liquidity Options

Private credit historically has offered premium yields above the run-of-the-mill public market fixed incomes offerings for investors. As traditional credit markets pull back on...

Russia and Islamic World Discuss De-Dollarization, Creation of Independent Financial System: Report – The Daily Hodl

Russia and Islamic nations are discussing de-dollarization and the state of the global financial system, according to a new report. Russia’s Deputy Prime Minister Alexey...

The South African Rand Gets Wobbly

“We sound woefully unprepared for the storm ahead,” an editorial in South Africa’s Mail and Guardian says while criticizing the statement of Defence Minister,...

Crypto Perpetuals Exchange DYdX Considering the Launch of More SubDAOs

Moreover, according to a different governance post by the dYdX Foundation, an independent not-for-profit organization aimed at fostering decentralized governance, the operations subDAO is...

Bitcoin a Top Three Asset if US Defaults

Bitcoin is among the top safe haven assets according to a poll for traditional finance by Bloomberg. In case of default, gold is the...

Argentina Hikes Interest Rates to Nearly 100%

Argentina may have entered a doom loop as inflation gets out of control while the central bank implements another emergency hike. Interest rates...

Bankrupt Crypto Lender Celsius Transfers $75M of Ether to Staking Service Figment

According to data by crypto intelligence firm Arkham Intelligence, Celsius transferred some 40,928 ETH to a crypto wallet spread through fourteen transactions between May...

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