Here’s Why You Should Trade Chainlink in 2022
Here at Coinscreed, we recognize the importance of choosing your investments carefully. Chainlink, in particular, is one of the most reliable blockchain solutions on the network, and price predictions for its token have been generating a lot of interest lately. Chainlink is a decentralized “oracle network” that connects blockchains to external systems. Oracles are third-party […]
KuCoin raises $150M in Series B funding to launch DeFi products in 2022
Following the recent $150M fundraising, global cryptocurrency exchange KuCoin hopes to move beyond centralized trading services and focus on DeFi, NFTs, and Web3. On May 10, the cryptocurrency exchange announced a $150 million pre-Series B investment round, valuing the company at $10 billion. According to CEO Johnny Lyu, he said that the latest fundraising round […]
Fairfax County considers investing pension funds into DeFi yield farming
Fairfax County, in Northern Virginia, is not new to the cryptocurrency and blockchain space, the county is now considering an investment in Decentralized Finance (DeFi) yield farming. Katherine Molnar, the chief investment officer of the Fairfax County Police Pension System , said on Tuesday at the Milken Institute Global Conference that the system plans to […]
DeFi Regulation: EU Commission Report Suggests Reconsideration Of Regulatory Approach
The report emphasizes the potential of DeFi for lower financial audit costs and significant opportunities for cross-border financial integration. Analysts from the European Commission demonstrated an unexpected understanding of how decentralized finances (DeFi) work, having defined it as distinct from the traditional financial system and acknowledging that it would necessitate a rethinking of regulatory approaches. […]
MetaMask wallet integrates 4 new crypto custodians
MetaMask, a decentralized finance (DeFi) wallet and browser extension has integrated four new crypto custodians Gnosis Safe, Hex Trust, GK8, and Parfin, in a strategic partnership. The new connection would give decentralized autonomous organizations (DAOs) with key management capabilities to participate in DeFi activities, according to MetaMask Institutional (MMI) , the institutional version of the […]