DeFi Lending Protocol Set For Leveraged Product
The DeFi Lending Protocol plans to release three “leveraged vaults” next month, which will let users trade up to 10 or 20 times their initial capital. According to a blog post on the company’s website on Wednesday, “leveraged vaults,” a new type of DeFi Lending Protocol, will soon be available to Notional Finance’s users. Notional […]
Brazil Topped 1 million Registered Crypto Users In July
The number doesn’t include international exchanges because they aren’t required to tell the Brazil local tax office about them. The South American country’s tax agency, Receita Federal, said this week that Brazil had more than 1 million registered crypto users in July. This was the first time that number had been reached.According to Receita Federal, […]
U.S. Federal Reserve Set To Bring Down Inflation
This month, most people think that the U.S. Federal Reserve will raise its key interest rate by another 75 basis points. U.S. Jerome Powell, the head of the Federal Reserve, sent a strong and clear message that the central bank’s job is to quickly bring inflation down. During a question-and-answer session at the Cato Institute […]
UK To Retain Crypto Hub Despite New Prime Minister
Two days after Liz Truss was officially named the country’s prime minister, Economic Secretary Richard Fuller took part in a debate in parliament about the UK remaining a major Crypto Hub. The U.K. Economic Secretary to the Treasury Richard Fuller said in the first Westminster crypto debate on Wednesday that the UK wants to “become […]
Ford plans to join the Metaverse using virtual vehicles and NFTs
Ford trademark registration for future Metaverse and NFT operations comes a month after it announced massive personnel cutbacks. Ford Motor Company, an American automaker, has filed 19 trademark applications across its key automobile brands as it prepares to enter the realm of nonfungible tokens (NFTs) and the Metaverse. Mike Kondoudis, a trademark attorney licensed by […]