TradFi
The Web3 Three: Discord, Reddit and Twitter Tease Crypto Integration
The big-but-not-Facebook-big companies of the social web, Discord, Reddit and Twitter, are giving crypto’s technology a much more serious look. That could mean the blockchain party will be much larger, soon.
MakerDAO Chases 'Real World' Deals and Assets in Major Test for DeFi
Société Générale's request for a $20M loan from MakerDAO is just one of several real-world deals that the DeFi protocol has coming soon. The O.G. decentralized finance protocol is on the move to fund projects that will make tangible differences in the world. That potentially includes MakerDAO founder Rune Christensen's push for the organization to…
SocGen Wants To Borrow 20M Dai on MakerDAO Using Tokenized Bonds as Collateral
There’s a meme on crypto Twitter that calls DeFi the “future of France” as a play on the phrase the future of finance. Well, there may be more truth to the meme than many expected. Société Générale, the third-largest bank in France, has proposed to borrow Dai in MakerDAO using bonds it issued on the…
Visa Sketches a Global Network of Central Bank Digital Currencies With Itself at the Center
You may never be able to send a message from Telegram to a friend on WhatsApp, but you might be able to send dollars from a digital wallet issued by the U.S. Treasury to a wallet from the People’s Bank of China, only the recipient will receive the payment in yuan. That’s the vision that…
Decentralization Now: Coppola Studio Brings Blockchain to the Movies
After four years of development, Decentralized Pictures — a new project from Frances Ford Coppola’s fabled American Zoetrope production company — is preparing to go live. The project is just what it sounds like — a decentralized platform leveraging blockchain and digital tokens to select films for financing and production support. It is now wrapping…
Twitter Goes Full Crypto With Bitcoin Tips and a NFT Avatar Tool
Twitter is going big into crypto starting today. Twitter is making two major updates that will make cryptocurrency integral to its product, with more likely to come. Tipping on Twitter is expanding globally today to everyone on Apple’s iOS, and there will now be an option to tip in Bitcoin. Second, Twitter is going to…
Are the Bulls Back? Crypto Markets Whipsawed With Amazon News
Crypto markets were showing impressive strength to start the week, on track for a sixth straight day of gains –– until news headlined caused prices to trip mid-run. Bitcoin shot up to as high as $40,300 and Ethereum was trading above $2,400 on Tuesday. The DeFiPulse Index (DPI), a market capitalization-weighted index which consists of…
Treasury Troubles Solved: with the UMA range Token
A year ago we were all aping into DeFi farms hunting those precious governance tokens because, you know, NUMBER GO UP. Governance was basically seen as a LARP, a way to shank idiots into believing money really could be conjoured out of thin air. But I’ve become increasingly aware of grumbling around governance, particularly when…
Buenbit Raises $11M to Bolster Crypto in Latin America
In a record-breaking deal for a Latin American crypto company, Buenbit, an exchange based in Argentina has raised $11M in Series A funding. Buenbit, the leading cryptocurrency platform in South America’s second-biggest economy, allows users to exchange fiat currency for BTC, ETH, and DAI. In May, Buenbit launched operations in Peru, and now with their…
Circle To Go Public in Q4 at $4.5B Valuation
DeFi’s most popular stablecoin issuer is going public. Circle, which issues the USDC stablecoin, announced its plans yesterday to go public in Q4 of this year through a special purpose acquisition company (SPAC). The deal will happen with Concord Acquisition Corp. and Circle will trade under the ticker symbol CRCL with the transaction valuing the…
