Financial Inclusion: How DeFi Benefits the Unbanked Population
Financial inclusion in DeFi bridges the gap by providing the unbanked population access to decentralized finance services. Most of the world’s population remains unbanked or underbanked, lacking access to essential financial services. However, the emergence of DeFi presents a transformative solution to this age-old problem. This article explores the concept of financial inclusion in DeFi, […]
South Korean Ministries to Upgrade Crypto Crime Investigation Unit
South Korean Ministries of Justice and Security and Public Administration are collaborating to upgrade their crypto crime investigation unit to the rank of a permanent department. According to Segye Ilbo, we will witness discussions on budget allocation and the selection of prosecutors early next month, among other topics. The current branch comprises prosecutors affiliated with the […]
OpenAI, Financial Times Announce Launch of New Publishing Deal
OpenAI and the Financial Times aim to integrate FT journalism into their AI models for more accurate and reliable information. OpenAI, a research firm specializing in artificial intelligence (AI), and the Financial Times (FT), a daily newspaper based in the United Kingdom, have formalized a “strategic partnership.” An announcement on April 29 of the deal […]
Terra Classic Community to Decide Vital Validator Rule
Terra Classic proposes a governance rule to enhance security and decentralization by restricting validators to one node and preventing non-custodial providers from allowing multiple validators per customer. A blockchain network called Terra Classic has recently introduced a novel governance regulation. This regulation intends to strengthen the decentralization and security of the network. The regulation prohibits […]
Avalanche Teams Up with Stripe for Fiat-to-Crypto Onboarding
Stripe partners with Avalanche to simplify fiat-to-crypto transactions, enabling direct purchase of AVAX for users without needing crypto exchanges. In pursuit of its objective to expand its crypto presence, financial services company Stripe has formed a strategic partnership with blockchain network Avalanche. Avalanche announced the significant integration with Stripe on X, stating that AVAX can […]