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The recent news of a $5 million loan default on Goldfinch made to an African robotaxi company has raised eyebrows in the financial community. This default serves as a reminder of the risks associated with lending to emerging markets and the challenges faced by innovative startups in these regions. Goldfinch, a prominent financial institution, had … Read more
XRP, the cryptocurrency associated with Ripple, has recently been attracting attention due to its price dynamics. Despite the volatile nature of the crypto market, XRP appears to be trending towards a notable upswing. However, it has repeatedly faced resistance at the $0.55 level, which has proven to be a tough barrier for XRP enthusiasts. In … Read more
Komainu, a cryptocurrency custody firm co-created by CoinShares, Ledger, and Nomura, has received major regulatory approval in the United Kingdom. The company announced on October 6th that it has been approved by the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist Financing and Transfer of Funds … Read more
Keto Recipe: Chicken and Avocado Salad This Keto Recipe of Chicken and Avocado Salad is not only low in carbs but also packed with healthy fats and protein, making it a satisfying and nutritious lunch option. Get a FREE Keto Meal plan for 21-day challenge Ingredients: For the Salad: 2 cups of cooked and shredded … Read more
The FTX exchange has fallen victim to one of the biggest hacks in the crypto space, resulting in a loss of over $600 million. In a recent development, Spot On Chain, a blockchain data tracker, has revealed that the FTX exploiter has moved more than $17 million worth of Ether tokens in the past 24 … Read more
The Tron (TRX) DeFi ecosystem has experienced significant growth and development, indicating an increase in interest and participation from users and investors. This growth is not limited to decentralized finance alone, as the Tron ecosystem’s TRX token staking has also seen an upward trajectory. This correlation suggests a more robust and dynamic Tron ecosystem. One … Read more
Cosmos, a blockchain platform aiming to compete with Ethereum, has unveiled its roadmap for 2024. The roadmap focuses on increasing modularity, enhancing the developer experience, addressing technical debt, and driving user adoption. Cosmos plans to attract developers from other platforms as they work to repay the technical debt and make the Cosmos SDK more modular. … Read more
The journey towards the public Ethereum mainnet has always been a sensitive matter, primarily due to banks’ cautious perception of public blockchains. These financial institutions have long viewed them as reputational and compliance risks. Tyrone Lobban, JPMorgan’s head of Onyx Digital Assets, acknowledged the significant evolution of the public Ethereum chain from the proof-of-work consensus … Read more
In a recent development, the Uniswap Foundation (UF) has submitted a proposal to secure the second tranche of funding, aiming to advance their vision of creating a self-sovereign Internet with a permissionless alternative to traditional finance. The desired funding amount is $62.37 million, and it will be put to an on-chain vote, scheduled for October … Read more
Bitcoin has been outperforming Ethereum (ETH) in 2023, with a 30% increase in its price compared to ETH. The bullish trend for BTC can be observed in the weekly chart, where it is on the verge of pushing ETH to lower spot rates, reaching new lows for this year. Analyzing the Downtrend and Bitcoin’s Potential … Read more
