Crypto Biz: X payment system, Block moves into Bitcoin mining and more

As an experienced financial analyst, I find these recent developments in the world of cryptocurrencies and fintech quite intriguing. Social media platform X’s decision to expand its payment system into a comprehensive financial ecosystem, with features similar to Venmo and Apple Pay, is a significant step towards becoming a one-stop solution for users. This could … Read more

EU DeFi regulations set to welcome big banks, challenge crypto natives

As a researcher with a background in blockchain technology and decentralized finance (DeFi), I find the European Commission’s upcoming DeFi report under the MiCA framework intriguing. The regulation is expected to examine the feasibility of specific rules for the DeFi ecosystem, which could significantly impact the crypto-native projects and the traditional financial institutions. According to … Read more

Biden’s Homeland Security team taps tech elite for AI defense board

As a seasoned crypto investor with a keen interest in technology and its potential impact on society, I find the formation of the Artificial Intelligence Safety and Security Board by the U.S. Department of Homeland Security an encouraging development. The involvement of tech CEOs, academics, and influential business leaders signals a proactive approach to addressing … Read more

Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined

As a seasoned analyst with a background in blockchain technology and decentralized finance, I find the recent developments in the DeFi sector truly intriguing. In the past week, two significant announcements have emerged that could reshape the future of the DeFi landscape: BNB Chain’s introduction of native liquid staking on its BSC network and Chainlink’s … Read more