Tag: finance

What is Compound fork Hundred Finance and can it regain momentum?

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On March 15, the lending protocol Hundred Finance was hacked on the Gnosis chain, losing 2,363 ETH. Immediately, Hundred Finance paused all markets on the chain. Prior to the hack, Hundred Finance was a relatively small DeFi protocol on Gnosis, with highest $313M TVL. As a fork of Compound, its features were nothing special. However, its multi-chain deployment gives it a place to grow. After the hack, all that was shaken. TVL dropped to 30% within one month. But Hundred Finance is still kicking. What exactly is this project and …

This is why Bitcoin should reach $10 million a coin – Paul Sztorc

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Paul Sztorc, an independent Bitcoiner, discusses his outlook for Bitcoin’s growth potential with David Lin, anchor for Kitco News at the Miami Bitcoin 2022 conference. Sponsored by: CoinPayments. Visit: Follow David Lin on Twitter: @davidlin_TV ( Follow Kitco News on Twitter: @KitcoNewsNOW ( Follow Paul Sztorc on Twitter: @Truthcoin ( 0:00 – Bitcoin maximalism 5:15 – Bitcoin’s fair value 8:40 – Economic problems 10:36 – Crypto winter 11:53 – Bitcoin vs altcoins 12;50 – Soft fork #Bitcoin #crypto #investing __________________________________________________________________ Kitco News…

Charles Stanton, CMO Bondly Finance on Rebranding to Forj Network

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Bondly Finance and Animoca Brands have recently announced Bondly Finance’s rebrand to Forj. Previously the brand has led the way in the NFT space through several innovative partnerships and today we’re speaking directly to Charles Stanton, the Chief Marketing Office at Forj to learn more about the launch, what changes we can expect and how Forj is ultimately focusing on simplifying Web3 and forging strong fan and creator partnerships. Interestingly the launch is a result of an extensive rebrand undertaken over the course of the past six months led by leading brand…

Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says – Finance Bitcoin News

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The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house of Russian parliament. Russian Digital Financial Assets Likely to Appear by Year’s End Authorized Russian blockchain platforms may issue their first digital financial assets (DFAs) by the end of 2022, according to the head of the parliamentary committee overseeing Russia’s financial sector, Anatoly Aksakov. Speaking during…

Portugal to Tax Cryptocurrency Income According to Minister of Finance – News Bitcoin News

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Portugal, one of the countries considered a crypto tax haven due to its absence of crypto-related taxation, is preparing to change this policy. Fernando Medina, minister of finance of Portugal, stated that the country is working on a framework to allow the taxation of cryptocurrency income gains following the principles of “justice” and “efficiency,” and declared that there cannot be gaps for any income gains to be obtained without taxation. Portugal to Tighten Cryptocurrency Taxation Policy Portugal, one of the countries that has been touted as a crypto…

Grayscale Launches European ETF While Urging SEC to Approve GBTC Conversion Into Spot Bitcoin ETF – Finance Bitcoin News

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Grayscale Investments has announced the launch of an exchange-traded fund (ETF) in Europe. The company’s Future of Finance UCITS ETF will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra. Grayscale Launches ETF in Europe Grayscale Investments, the world’s largest digital asset manager, announced Monday the launch of its first European exchange-traded fund (ETF) called Grayscale Future of Finance UCITS ETF (ticker: GFOF). It will list on the London Stock Exchange (LSE), Borsa Italiana, and Deutsche Börse Xetra, the company said. The announcement details: GFOF UCITS…