Tag: finance

Defi More Scalable Than Traditional Finance, New Study Says – Defi Bitcoin News

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Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021, to just over $50 billion by end of Oct. 2022, certain sectors of the defi market still “show a very optimistic trend.” Decline in Total Value Locked According to Hashkey Capital’s end-of-year report, decentralized finance (defi) has the “potential to be many times…

Regenerative Finance Brings Sustainability to Crypto – Crypto 2023

Any DeFi product that is to succeed in this new world must solve for two fundamental principles: the creation of new value and new institutional use cases. Regenerative finance is uniquely positioned to address both of these concerns. Through understanding where ReFi comes from it’s easier to grasp how. ReFi is the combination of two distinct disciplines: regenerative economics, in which the focus is on balanced, circulatory flows of capital that integrate both positive and negative externalities while taking care of people and the commons; and decentralized finance, which aims…

Bitcoin vs. DXY

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io There has historically been an inverse correlation between #Bitcoin and #DXY. However, we have previously seen the inverse correlation between #DXY and risk assets break down coming out of periods of high #inflation. Let’s dive into the charts and discuss! Into The Cryptoverse Premium: Into The Cryptoverse Newsletter: LIFETIME OPTION: Alternative Option: Merch: Disclaimer: The information presented within this video is NOT financial advice. Telegram: Twitter: TikTok: tiktok.com/@benjamincowencrypto Instagram: Discord: Facebook: Reddit: Website: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube…

Bank of Russia to Test International Crypto Payments With Companies – Finance Bitcoin News

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The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime that’s currently under development. Russia’s Central Bank to Explore Crypto Settlements Amid Financial Sanctions The Central Bank of the Russian Federation (CBR) intends to trial international trade settlements with cryptocurrencies, the monetary authority’s First Deputy Chairman Olga Skorobogatova announced on Monday. “We are now planning, within the framework of the experimental legal regime that we…

National Bank of Kazakhstan Publishes Whitepaper for Digital Tenge – Finance Bitcoin News

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The central bank of Kazakhstan has completed the second phase of testing for its digital currency and published a whitepaper. The studies carried out by the regulator on its introduction did not identify significant risks for the country’s financial stability and economy. Monetary Authority of Kazakhstan Reports on Advance of Digital Tenge Pilot Project The National Bank of Kazakhstan (NBK) has announced the successful completion of the second stage of testing of the platform for its central bank digital currency (CBDC). The results of the trials and the study on…

Industry execs confident in DeFi adoption despite security flaws: Finance Redefined

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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Industry experts are confident in DeFi and believe the sector would continue to see adoption despite its security flaws, primarily due to the mammoth failure of centralized exchanges. Despite the continued growth, however, the decentralized exchanges have lost $30 million on liquidity provider incentives. Popular hardware crypto wallet Ledger introduced a new DeFi tracking feature that pairs with its hardware wallets to monitor performance…

Maple Finance 2.0 overhaul aimed at speeding up the defaulting process

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Maple Finance is a decentralized credit market powered by blockchain technology. Instead of requiring overcollaterlization of loans, it instead allows managers, called “Pool Delegates” to issue loans from its lending pools based on a set of risk-management criteria, according to the protocol’s documents. Introducing Maple 2.0. Maple 2.0 is a fundamental overhaul of the smart contract architecture. The new contracts are modular and robust and will facilitate Maple bringing capital markets on-chain. pic.twitter.com/5GGsMXaXhv — Maple (@maplefinance) December 14, 2022 However, in the wake of FTX’s collap, the platform experienced two…

Maple Finance Debt Indicates Crypto Lending Risks

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The emergence of Maple Finance brought a different approach to the entire process. This bold DeFi lending protocol requires no deposit of extra crypto tokens as collateral for borrowing. In the decentralized finance (DeFi) space, cryptocurrency lending came as a means that allows investors access to their preferred tokens. However, they must deposit other crypto coins as collateral before borrowing the given assets. This will help curtail risks and losses for the DeFi lending platform. Instead, it all lies in the hand of the lending pools to decide on granting…