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Weekly overview

Read more about the article DeFi pump-and-dump schemes rake in millions, harm industry credibility

DeFi pump-and-dump schemes rake in millions, harm industry credibility

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Over 90,000 Ethereum-based projects were likely involved in pump-and-dumps schemes, damaging the industry’s reputation amid liquidity pulls. The cryptocurrency space has been compared to the Wild West numerous times, and…

Continue ReadingDeFi pump-and-dump schemes rake in millions, harm industry credibility
Read more about the article Travala’s new Bitcoin rewards program targets top-tier travelers as BTC fever rises

Travala’s new Bitcoin rewards program targets top-tier travelers as BTC fever rises

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Top-tier members of Travala.com are set to earn 10% cashback rewards in Bitcoin on travel booking payments made with the Singapore-based travel agency. Crypto-friendly travel agency Travala.com is rolling out…

Continue ReadingTravala’s new Bitcoin rewards program targets top-tier travelers as BTC fever rises
Read more about the article UAE’s RAK DAO and Tencent Cloud ink deal to boost crypto startups

UAE’s RAK DAO and Tencent Cloud ink deal to boost crypto startups

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

The memorandum of understanding includes the establishment of a Tencent Cloud training center for skill development and education at RAK DAO. Tencent Cloud, the cloud services arm of the Chinese…

Continue ReadingUAE’s RAK DAO and Tencent Cloud ink deal to boost crypto startups
Read more about the article Lava launches as decentralized lending market to optimize liquidity across blockchains

Lava launches as decentralized lending market to optimize liquidity across blockchains

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

Mitigating impermanent loss could help democratize market-making in DeFi, according to Recharge Capital’s John Lo. Lava, a decentralized lending market platform, has announced its launch on March 7.Lava’s infrastructure will…

Continue ReadingLava launches as decentralized lending market to optimize liquidity across blockchains
Read more about the article Greek stock exchange eyes Sui blockchain for on-chain fundraising tool

Greek stock exchange eyes Sui blockchain for on-chain fundraising tool

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

The Greek stock exchange, ATHEX, is eying the deployment of its new fundraising mechanism on the Sui blockchain ecosystem. The Greek stock exchange announced that it is considering launching its…

Continue ReadingGreek stock exchange eyes Sui blockchain for on-chain fundraising tool
Read more about the article Nigerian central bank hires Gluwa to advance eNaira through credit profiles

Nigerian central bank hires Gluwa to advance eNaira through credit profiles

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

The pioneering African CBDC has few users, but creating credit histories for them will promote financial inclusion. The Central Bank of Nigeria (CBN) has complete a memorandum of understanding with…

Continue ReadingNigerian central bank hires Gluwa to advance eNaira through credit profiles
Read more about the article Pantera launches fundraise to buy $250 million of SOL from FTX estate: Report

Pantera launches fundraise to buy $250 million of SOL from FTX estate: Report

  • Post author:admin
  • Post published:March 8, 2024
  • Post category:Weekly overview

The $5.2 billion asset management giant is eyeing FTX’s discounted SOL stack worth around $5.4 billion. Pantera Capital, a crypto-focused asset management firm, is reportedly raising money to buy Solana…

Continue ReadingPantera launches fundraise to buy $250 million of SOL from FTX estate: Report
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