Crypto

The Thailand Securities and Exchange Commission (SEC) is on the brink of a transformative development in its financial landscape with the introduction of a Distributed Ledger Technology (DLT)-based trading system for debt instruments. This initiative aims not only to modernize the debt market but also to encourage innovation within securities firms by facilitating the trading
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In recent years, the burgeoning cryptocurrency space has introduced a range of innovative financial products, including event contracts. These contracts allow traders to speculate on the outcomes of various events, from sports competitions to political elections. Notably, companies like Crypto.com and Kalshi are at the forefront of this market, offering contracts that capture the public’s
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In the evolving world of decentralized finance (DeFi), the boundaries between innovation and exploitation have become increasingly blurred. In a notable case, Canadian national Andean Medjedovic has been charged with orchestrating a scheme that allegedly siphoned off approximately $65 million from two prominent DeFi protocols: Indexed Finance and KyberSwap. This indictment, unveiled by the U.S.
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The cryptocurrency market is notorious for its volatility, and Bitcoin’s recent performance is a testament to this characteristic. On Monday, Bitcoin witnessed an astonishing fluctuation in its price, plummeting by a staggering $10,000 only to regain much of that loss shortly after. The rollercoaster ride didn’t end there; it experienced further adjustments throughout the day,
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THORChain, a pioneering decentralized cross-chain liquidity protocol, has recently confronted a substantial financial crisis, leading to a reported $200 million debt dilemma. In response to this pressing issue, the governance body of THORChain has approved Proposal 6. This proposal aims to revitalize the ecosystem and restore financial health without resorting to private fundraising. By transforming
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In a bold move that has stirred much debate across various platforms, Elon Musk has intensified scrutiny on the U.S. Treasury’s operational integrity. Serving as the head of the Department of Government Efficiency (D.O.G.E), Musk’s statements reveal deep-seated concerns regarding the management of taxpayer funds. On February 2, he took to social media to voice
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