Category: Finance

Looking to take out a crypto loan? Here’s what you need to know

Looking to take out a crypto loan? Here’s what you need to know

Loans based on cryptocurrencies have become a mainstay of the decentralized finance (DeFi) universe ever since the smart contract-based lending/borrowing platforms began offering the service to crypto users. The Ethereum network, the first blockchain that scaled the smart contract functionality, sees most of the total value locked (TVL) on DeFi protocols dominated by cryptocurrency lending […]

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Russia’s Finance Ministry introduces digital currency bill, brushes off central bank’s objections

Russia’s Finance Ministry introduces digital currency bill, brushes off central bank’s objections

As the public standoff between the two agencies approaches fever pitch, the Ministry of Finance makes a formal move. 3401 Total views 27 Total shares Russia’s Ministry of Finance has upped the stakes in its drawn-out showdown against the country’s Central Bank (CBR) by formally introducing a bill that proposes to regulate digital assets rather […]

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Hashstack launches Open protocol testnet, offering under-collateralized loans

Hashstack launches Open protocol testnet, offering under-collateralized loans

Harmony’s Ecosystem Fund financed Hashstack’s solution to improving DeFi lending. 71 Total views 3 Total shares The DeFi lending and borrowing market has grown significantly in volume as new lending protocols continue to attract capital and NFT-backed loans become more popular. According to Dune Analytics, the top three platforms in terms of market capitalization are Aave, Maker, […]

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Bitcoin is new gold for millennials, Wharton finance professor says

Bitcoin is new gold for millennials, Wharton finance professor says

Gold disappointed investors in 2021 as a traditional hedge against inflation, seeing its worst year since 2015. 3989 Total views 38 Total shares Bitcoin (BTC), the world’s most-valued cryptocurrency, has replaced gold as an inflation hedge for young investors, according to Wharton’s finance professor. Gold’s performance was “disappointing” in 2021, Wharton School finance professor Jeremy […]

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WisdomTree launches four cryptocurrency indices in US and Europe

WisdomTree launches four cryptocurrency indices in US and Europe

The indices will provide investors with direct exposure to large-cap cryptocurrencies, altcoins, DeFi services, and more. 204 Total views 7 Total shares On Friday, WisdomTree, a financial institution with over $76 billion in assets under management, announced it had created four cryptocurrency indices in the United States and Europe to provide diversified portfolio exposure to […]

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Slovenian finance ministry seeks public opinion on crypto tax laws

Slovenian finance ministry seeks public opinion on crypto tax laws

Slovenia’s crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies. 1376 Total views 40 Total shares Slovenia’s Ministry of Finance is reportedly seeking public consultation on a draft bill related to taxing cryptocurrency investments, according to local reports.  The ministry’s intent to gauge investor sentiment comes almost a month […]

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