Defi Lending- How to choose the best Defi Lending Platform
It is no more news that Defi Lending platforms allow you to lend your idle digital assets in return for an attractive rate of interest. In this article, we will discuss how to choose the best Defi Lending platform available. What is Defi Lending? DeFi Lending, which is also called “decentralized finance lending,” is the […]
How Crypto Is Changing the Game in Developing African Countries
The use of cryptocurrencies is significantly altering commercial activity in developing African nations. Here, we will talk about how crypto is changing the game in developing African Countries. Cryptocurrency is a type of digital currency that uses cryptography to make sure transactions are safe and valid and to control how many new units are made. […]
OTPP writes off $95 million crypto investment after FTX collapse
OTPP has written off its $95 million investment in FTX, a crypto exchange that went bankrupt amid fraud allegations and a liquidity crisis. The fund said it invested $95 million in FTX through its Teachers’ Venture Growth platform, representing less than 0.05% of its net assets. The Ontario Teachers Pension Plan (OTPP) was among the prominent […]
Texas House of Representatives Passes ‘Proof of Reserve’ Bill
On April 20, the Texas House of Representatives approved a bill requiring cryptocurrency exchanges to maintain reserves “in an amount sufficient to fulfill all customer obligations.” If the bill is approved by the Senate and signed by the governor, it could become law on September 1, 2023. The proposed legislation modifies Section 160 of the […]
Gemini sets to establish engineering center in India
In a bid to expand institutional and individual customers in Asia Pacific, Gemini crypto exchange is making plans to establish a new engineering center in Gurgaon, India. Gemini’s global chief technology officer, Pravjit Tiwana, announced on April 20 that the exchange is “in the midst” of establishing an engineering center in Gurgaon, India. It was […]