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Golden Gate (GGX) Developer Insights and Novel DeFi

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PRESSITEADE. Golden Gate (GGX) is a novel interchain infrastructure protocol that eliminates Layer 0 communication friction by delivering protocol-agnostic communications and more secure liquidity transfer. Golden Gate mediates interchain communication via the Incentivized Message Delivery Protocol (IMDP), which uses a…

Russia to Increase Reliance on National Currencies in Energy Trade, Vows to Move Away From the US Dollar

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Russia will increase its reliance on national currencies to settle payments for its energy resources, moving away from the US dollar, according to Russian Deputy Prime Minister Alexander Novak. Novak noted there is a great interest in acquiring Russian energy resources,…

China Warns of Global Financial Instability From US Economic Policies

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China has urged the U.S. and other developed nations to assess the spillover effects of their economic and financial policies. “The economic and financial policies of the U.S. pose the biggest challenge to global financial stability,” according to the Chinese Ministry…

Sotheby’s to Auction 3AC’s NFT Collection, Including Larva Labs’ Zombie Punk and Dmitri Cherniak’s ‘Golden Goose’

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Kolmapäeval, Sotheby’s, one of the world’s largest brokers of fine and decorative art, announced its plans to auction a number of non-fungible token (NFT) assets that were previously owned by the now-defunct crypto hedge fund Three Arrows Capital (3AC). The…

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

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Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 miljardit, marking the lowest number of BUSD in circulation since April 2021. Lisaks, data indicates…

G20 Finance Chiefs Agree Global Policy Responses to Crypto Are Required

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The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” ta rõhutas, adding that the…

India Seeks Common Crypto Framework for All Countries to Deal With ‘Many Collapses and Shocks in Cryptocurrencies’

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India’s finance minister, Nirmala Sitharaman, said during her official visit to the U.S. that crypto regulation is a very important part of the discussion by the G20 countries given “so many collapses and shocks in cryptocurrencies.” Ta rõhutas: “We seek to…

US Dollar Could Lose Most of Its Value in 5 Aastaid, Investment Manager Warns

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Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 aastat. Following the onset of the Russia-Ukraine war, “USA. did something which I perceived to be very stupid, mis on…

USA rahandusministeeriumi aruanne hoiatab Defi ohu eest riiklikule julgeolekule, Autorid järeldavad, et Fiati kasutatakse ebaseaduslikus rahanduses rohkem kui krüpto

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USA. Treasury on välja andnud 42-leheküljelise aruande, milles hinnatakse detsentraliseeritud rahanduse riske (defi). Aruandes öeldakse, et konkreetsed rahvusriigi vastased, küberkurjategijad, lunavara ründajad, vargad, ja petturid kasutavad defit “oma ebaseaduslikku tulu üle kanda ja pesta.” Riigikassa aruanne…

South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’

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The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have fled the country…