Finxeed Leads TradFi and DeFi Convergence at South East Asia Digital Transformation Summit 2022

Kuala Lumpur, Malaysia–(Newsfile Corp. – December 26, 2022) – Finxeed, a leading decentralized credibility scoring platform, kicked off the virtual close door South East Asia Digital Transformation Summit 2022 on Dec 20th. Finxeed held South East Asia Digitial Transfomation Summit with the theme of “Building a Trusted Ecosystem betweeen TradFiContinue Reading

Defi can go mainstream if it overcomes its flaws

The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms.  Investors are now coming to question how safe it is to keep one’s funds on these exchanges and have voiced grave concerns about centralized decision-making without any checks. FTX held one billion in aContinue Reading

Powell, Lagarde Urge More Regulation for DeFi and Stablecoins

Christine Lagarde of the ECB, the Federal Reserve’s Jerome Powell, and BIS general manager Agustin Carstens attended an online panel hosted by the Bank of France on Tuesday to share their thoughts on the decentralized finance (DeFi) sector, agreeing that a broader regulation is warranted.  According to Bank for International SettlementsContinue Reading

NFT Initiatives Launch Across Markets; US Banking Regulators Address Crypto; DOJ and Congress Target Crypto Fraud; FBI Cites Risks as DeFi Hacks Continue | BakerHostetler

NFT Initiatives Launch in Ticket Sales, Social Media and College Football By Christina O. Gotsis According to a recent press release, a major ticket sales and distribution company announced that event organizers who sell tickets on its platform now can issue NFTs before, during and after live events. To date,Continue Reading

A San Salvador shopkeeper displays a sign indicating that the store accepts bitcoin

A San Salvador shopkeeper displays a sign indicating that the store accepts bitcoin – Copyright dpa/AFP/File Sebastian Kahnert Decentralized finance (DeFi) is becoming more commonplace, but it is not without its risks. Given the unregulated nature of and perceived risk in decentralized finance in all its forms, adoption of cryptocurrency,Continue Reading