Tag: finance

Why institutions are hesitant about decentralized finance — Shibtoshi

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Shibtoshi, the founder of the SilentSwap privacy-preserving trading platform, outlined several concerns that make institutions hesitant to adopt decentralized finance (DeFi) solutions, including privacy, a lack of standardized compliance regulations, and legal accountability. The DeFi founder told Cointelegraph that the high transparency of onchain transactions presents a problem for companies that must conceal sensitive information, including trading strategies, payroll information, and business-to-business agreements. Shibtoshi said: “The main concerns — regulatory uncertainty, privacy limitations, and complex user experience — are real, but solvable. Innovations in privacy-preserving protocols are making DeFi increasingly…

The future of finance is built on Bitcoin — Ethereum was just the testnet

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Opinion by: Alisia Painter, chief operating officer of Botanix Labs Without Ethereum, the industry wouldn’t be where it is today in terms of bringing decentralized finance (DeFi) to life, making programmability a key feature of blockchains and proving the value of smart contracts at scale. The Ethereum Virtual Machine has become the go-to platform for developers, with the largest ecosystem and tooling. As DeFi matures, however, it’s worth asking: Is Ethereum the best foundation for the future of financial innovation? Well, the answer might just be Bitcoin. With nearly $6…

BRICS Watch: Russian Finance Minister Highlights Digital Assets’ Role for Bloc’s Future

Russian Finance Minister Anton Siluanov specified that digital financial assets were among the options that BRICS was considering for securing independence from third-party nations in the economic trade arena. BRICS Profiles Digital Financial Assets as Part of Future’s Financial Settlements Arsenal Digital assets have become a relevant actor in international trade, and now even BRICS, […] Source CryptoX Portal

Bitcoin to $110K next, Hyperliquid whale bags $6.2M ‘short’ exploit: Finance Redefined

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Bitcoin price is poised to hit $110,000 before retesting the $76,500 range, according to Arthur Hayes, pointing to easing inflationary concerns and more favorable monetary policy conditions in the US that are set to bolster risk assets, including the world’s first cryptocurrency. Still, the decentralized finance (DeFi) industry took another hit after an unknown whale exploited Hyperliquid’s algorithms to generate over $6 million in profit on a memecoin short position. Bitcoin “more likely” to hit $110,000 before $76,500 — Arthur Hayes Bitcoin may reach a new all-time high of $110,000…

US DOJ says it seized Hamas crypto meant to finance terrorism

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The US Justice Department (DOJ) seized more than $200,000 in cryptocurrency intended to benefit the militant group Hamas it said in a statement on March 27. The cryptocurrency with a total value of $201,400 was traced to fundraising addresses allegedly controlled by Hamas and used to launder more than $1.5 million in digital assets since October 2024. The laundering occurred through a series of “virtual currency exchanges and transactions by leveraging suspected financiers and over-the-counter brokers,” the DOJ said. The funds are currently held in a combination of at least…

IMF now officially tracks Bitcoin in cross-border finance — just weeks after warning El Salvador to scale back

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With Bitcoin now in the IMF’s books and U.S. reserves, is global crypto reporting entering a new phase — despite official resistance? IMF wakes up to crypto On Mar. 20, the International Monetary Fund (IMF) published the seventh edition of its Balance of Payments Manual (BPM7), marking the first time cryptocurrencies like Bitcoin (BTC) have been integrated into global standards for tracking cross-border economic activity. Developed in collaboration with over 160 countries, the manual outlines the statistical rules used by central banks and finance ministries to record trade flows, capital…

Ondo Finance Eyes Breakout As Price Tests $0.89 Channel Resistance – Analyst

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ondo Finance is trading at a pivotal moment as the broader crypto market shows signs of potential recovery. While bullish sentiment is slowly building, macroeconomic uncertainty and escalating global…

SEC’s XRP reversal marks crypto industry victory ahead of SOL futures ETF launch: Finance Redefined

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Crypto investors rejoiced this week after the US Securities and Exchange Commission dismissed one of the crypto industry’s most controversial lawsuits — one that resulted in an over four-year legal battle with Ripple Labs. In another significant regulatory development, Solana-based futures exchange-traded funds (ETFs) have debuted in the US, a move that may signal the approval of spot Solana (SOL) ETFs as the “next logical step” for lawmakers. SEC’s XRP reversal a “victory for the industry”: Ripple CEO The SEC’s dismissal of its years-long lawsuit against Ripple Labs, the developer…

Best Meme Coins to Buy as Finance and Crypto Firms Look To Expand Business

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. US crypto and fintech firms are now looking to secure national or state bank charters, which would allow them to operate as banks in the country. This move is…

US House kills IRS DeFi broker rule, Solana won’t cut 80% inflation rate: Finance Redefined

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In a significant regulatory development for the crypto industry, the United States House of Representatives voted to nullify a bill that threatened the privacy-preserving properties of decentralized finance (DeFi) protocols. In the wider crypto space, one of the Solana network’s most significant governance proposals was rejected; it sought to implement a mechanism to reduce Solana’s inflation rate by about 80%. US House follows Senate in passing resolution to kill IRS DeFi broker rule The US House of Representatives voted to nullify a rule requiring decentralized finance (DeFi) protocols to report…