Think of the XRP Ledger as a long lost, dusty, run down saloon in the worldwide digital Wild West. Tumbleweeds of code roll across the screen, and brushy figures in low-res ten-gallon hats hang out on the periphery. Then, BAM! A bank robbery. Only instead of gold, they’re stealing your...
Binance, a leading cryptocurrency exchange founded in 2017 by Changpeng Zhao, has become a prominent platform for trading various digital assets. For instance, Binance was originally founded in China before moving to Malta to escape Chinese government regulations. Today, it provides trading on more than 350 different cryptocurrencies, including popular...
Our friends at the Bank for International Settlements (BIS) have managed to generate quite the kerfuffle. Their new report argues for separating digital asset markets from traditional finance. Released on April 15, the report urges policymakers to adopt a "containment" strategy, effectively walling off digital assets and decentralized finance (DeFi)...
The Bank for International Settlements (BIS), often referred to as the bank for central banks, has been ringing alarm bells. They explain that crypto and DeFi have achieved a “critical mass,” creating the potential for financial instability. The BIS report highlights the increasingly merger of crypto with TradFi. Specifically, it...
Trump's love affair with crypto is...complicated. After years of denouncing it, now he’s promoting it, now he’s cashing in on NFTs, now he’s taking Bitcoin donations. This time, this flip-flop is more than just political theater. It’s a massive, high-stakes gamble that could remake the future of decentralized finance (DeFi)...
What the SEC’s recent move to regulate the entire crypto space has been making headlines, and for good reason. Case dropping against power players such as Yuga Labs and OpenSea represents a true seismic shift. Further, regulators appear to be letting up on their war against centralized exchanges (CEXs) like...
The FBI's pursuit of $35 million in stolen Bitcoin, linked to the Bybit hack and allegedly laundered through eXch, isn't just another crypto crime story. This predicament puts the toxic side of DeFi in the spotlight. It is all an important intervention for an industry confused about itself and its...
Doubt about the sustainability of BRICS currencies Even the Bank for International Settlements (BIS) has recently sounded the alarm. Crypto, they claim, has finally hit a “critical mass,” suggesting a danger of systemic financial contagion. Their report, while highlighting legitimate concerns, risks triggering a knee-jerk reaction – a regulatory crackdown...