Tag: Finance

Why DeFi Might Be Safer Than Traditional Finance

The answers are complex, but essentially boil down to specific financial and technical design decisions. Some of these, such as systemic transparency, overcollateralized lending and automated liquidation of borrowers, are inherent to DeFi....

Swedish green fintech Datia secures €3.1M to accelerate adoption of sustainable finance

Image credits: DatiaDatia, a Stockholm-based green fintech company, announced on Tuesday that it has secured $3.4M (approx €3.1M) in a Seed round of funding led by VC firm Nauta Capital. Accel Starter Ramzi Rizk,...

Chainge Finance officially becomes the most liquid cross-chain crypto trading venue on the market

In early 2009, Bitcoin trading was peer-to-peer, initially via PayPal. However, it only took a few months before the first ramp was launched. Mt Gox and earlier variants were, as expected, rudimentary and...

DeFi Project Spotlight: Frax Finance, a Sweet Spot for Stablecoins

Key Takeaways Frax Finance is an on-chain protocol that mints and manages the FRAX stablecoin. FRAX maintains its peg through a dual collateral-backed and algorithmic mechanism, making it more scalable and capital efficient than...

G7 Finance Ministers Call to Accelerate Global Crypto Regulations Following UST Collapse: Report

The FSB, an international body based in Basel that was responsible for generating many of the post-2008 financial norms, had previously promised a report on the regulation, supervision and oversight of global stablecoins...

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