Circle’s USD Coin Redemption Outpacing Purchases Despite Recovery
Stablecoin issuer Circle is experiencing a significant redemption of its USD Coin (USDC). Customers redeemed $738.6 million on March 20, while the firm issued less...
Category : Defi news
Nissan Accelerates into the Future with Web3 and Metaverse Technologies!
Nissan, a leading Japanese automotive brand, has recently announced its foray into Web3. Sources indicate that Nissan has registered four new trademarks associated with Web3...
JPMorgan Chase & Co executed its first DeFi live trade on a Public Blockchain
JPMorgan took participation in Singapore’s first-ever decentralized financing (DeFi) transaction with the country’s central bank. The Monetary Authority of Singapore (MAS) has said that this...
Top Cryptocurrency Prices Today, Bitcoin in red, XRP biggest loser
The market value of all cryptocurrencies stood at $918.85 billion as of the early hours of October 22, an increase of 0.62 percent when compared...
Thailand’s SEC Warns Investors Against DeFi Transactions with High Risks
The Securities and Exchange Commission of Thailand has warned against DeFi transactions and alerted investors within the state about the potential risks these platforms possess....
A Digital Awards Ceremony Will Be Held in the Metaverse by Spain’s Largest Bank, Santander
As blockchain and cryptocurrency industries flourish, major financial organisations have become increasingly interested, with Santander preparing a metaverse awards ceremony. What’s Happening? The company announced...
Monetary Authority of Singapore partnered with JP Morgan to explore the use of asset tokenization and DeFi
The Monetary Authority of Singapore (MAS), Singapore’s central bank, has joined forces with some of the country’s largest banks and financial services organizations to study...
Innovative DeFi Platform MappedSwap Introduces Back to Back Two Campaigns. Free MST and USDM for Participants
MappedSwap, the decentralized DeFi platform that offers highly liquid cross-margin trading, is launching not one, but two promotional campaigns. Users can take advantage of the...
Ola Finance’s DeFi Lending Protocol Gets Exploited for $3.6 Million
An open-source, decentralised financial system called Ola Finance has been the victim of a re-entry assault that resulted in the loss of $3.6 million in...