Crypto

Trump family’s upcoming DeFi project aims to cement US dollar dominance via stablecoin revolution

World Liberty Financial (WLFI) — a DeFi project tied to members of former President Donald Trump’s family — responded to a wave of speculation on Sept. 4 with a series of tweets clarifying its DeFi strategy and confirming its collaboration with Aave. In the posts, WLFI announced the partnership aims to develop a platform that will […]
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Cryptocurrency

CFTC’s $175,000 fine on Uniswap Labs sparks dissent over stifling DeFi innovation

Commissioner Summer K. Mersinger voiced strong opposition to the Commodity Futures Trading Commission’s (CFTC) decision to impose a $175,000 fine on Uniswap Labs for its illegal digital asset derivatives trading. In her dissent, Mersinger criticized the agency’s reliance on “regulation through enforcement,” arguing that the approach risks stifling innovation in DeFi and driving developers out […]
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Cryptocurrency

Siemens and Samsung ramp up Web3 moves with digital bonds and startup investments

Two major technology companies—Siemens and Samsung—have made significant strides in the crypto sector, each advancing their involvement in different ways. Siemens issues €300 million digital bond. German technology giant Siemens launched its second digital bond, valued at €300 million, on a public blockchain, according to a Sept. 4 statement. The bond, set to mature in […]
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Cryptocurrency

Low exchange stablecoin ratio hints at strong Bitcoin demand

The exchange stablecoin ratio measures the balance between stablecoins held on exchanges and Bitcoin. When this ratio drops sharply, it usually signals a reduction in the amount of stablecoins available on exchanges compared to Bitcoin reserves. It often reflects growing demand for Bitcoin, as traders either convert stablecoins into BTC or withdraw them from exchanges […]
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Cryptocurrency