How to discover DeFi tokens with potential: A newbie’s guide to Decentralized Finance
The popularity of decentralized banking has exploded in the last year—but what exactly is DeFi, and how do you discover DeFi tokens with potential? We will explain. Decentralized finance (DeFi) is a subset of the bitcoin business dedicated on decentralized financial services. It consists of a number of developer-created financial services that anyone can use. […]
Former employees of ConsenSys file for audit, alleging “severe irregularities”
“Joseph Lubin owns a majority stake in ConsenSys. The deal was to the injury of CAG’s minority shareholders and to Joseph Lubin’s personal gain,” the organization claimed. A group claiming to represent 35 former ConsenSys AG (CAG) employees has requested an audit under the Swiss Code of Obligations to look into “severe irregularities” the business […]
Block earns $1.18 billion in Q4 gross profit, up 47% year over year
Block made a total of $4.42 billion in gross profit in 2021, a 62 percent increase year over year; however, net profit was only $77 million. Block, Inc. (previously known as Square), a crypto-friendly digital payments software firm, reported $1.18 billion in gross earnings in Q4, up 47 percent from the same period in 2020. […]
The official Indian crypto advertisements guideline has 5 essential points
The new rules of Indian crypto advertisements limit the size and phrasing of disclaimers, and also make it illegal to portray the stock market as a “get rich quick plan.” On Wednesday, the Advertising Stands Council of India (ASCI) issued a set of 12 recommendations regarding the promotion and advertisement of virtual digital assets (VDA), […]
Crypto trading company Amber valued at $3B after huge Singaporean investment
Amber Group just received a $200 million investment, resulting in a threefold increase in company value since last summer. Amber, a crypto financial service provider, has been valued at $3 billion following a funding round headed by Temasek Holdings, a Singaporean state-owned investment business. According to a Feb. 21 release, Amber Group was able to […]