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Weekly News

Russian central bank exec is OK with crypto mining under one condition

  • Post author:admin
  • Post published:July 1, 2022
  • Post category:Weekly overview

A finance officer believes it is necessary to sell the mined assets abroad to avoid the adoption of crypto in internal payments. Kirill Pronin, head of the Russian Central Bank…

Continue ReadingRussian central bank exec is OK with crypto mining under one condition

Binance taps TikTok star Khaby Lame to drive Web3 adoption

  • Post author:admin
  • Post published:July 1, 2022
  • Post category:Weekly overview

Khaby Lame will use his signature content style to debunk myths surrounding the Web3 space. Crypto exchange Binance has partnered with Khaby Lame, the most-followed creator on TikTok, to increase…

Continue ReadingBinance taps TikTok star Khaby Lame to drive Web3 adoption

Taproot Demonstration

  • Post author:admin
  • Post published:June 24, 2022
  • Post category:Weekly overview

Abstract: In this piece we take a second look at Taproot. We explain the mechanics of Taproot by walking through two example Taproot transactions on the Bitcoin mainnet, including spending…

Continue ReadingTaproot Demonstration

BitMEX Basket Index Weights: Q3 2022 Updates

  • Post author:admin
  • Post published:June 24, 2022
  • Post category:Weekly overview

A quick update that on 24 June 2022 at 12:00:05 UTC, BitMEX will update the Index Multipliers of our basket indices.  The Index Multipliers will be scaled based on the…

Continue ReadingBitMEX Basket Index Weights: Q3 2022 Updates

Uniswap Moves into the NFT Sector With Genie Acquisition

  • Post author:admin
  • Post published:June 24, 2022
  • Post category:Weekly overview

Uniswap Labs officially acquired NFT marketplace aggregator Genie in an effort to ramp up its presence in the NFT business. Uniswap Labs is the company behind the largest decentralized cryptocurrency…

Continue ReadingUniswap Moves into the NFT Sector With Genie Acquisition

DeFi Infrastructure’s Rapid Development Leaves Legacy Finance In The Dust

  • Post author:admin
  • Post published:June 24, 2022
  • Post category:Weekly overview

The infrastructure that supports the traditional financial system has remained more or less unchanged for decades. Trust is placed firmly in the hands of intermediaries such as banks and payment…

Continue ReadingDeFi Infrastructure’s Rapid Development Leaves Legacy Finance In The Dust

More Problems: Distressed Lending Platform Babel Finance Rescued Amid Crisis

  • Post author:admin
  • Post published:June 24, 2022
  • Post category:Weekly overview

On June 16, major cryptocurrency lending platform Babel Finance announced that withdrawals would be temporarily halted because of “unusual liquidity pressures.” Liquidity issues are currently challenging the survival of multiple…

Continue ReadingMore Problems: Distressed Lending Platform Babel Finance Rescued Amid Crisis
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