More than 50% of reported Bitcoin trading volume is ‘likely to be fake or non-economic’ — Report

More than 50% of reported Bitcoin trading volume is ‘likely to be fake or non-economic’ — Report

Bitcoin trading data from 157 exchanges reportedly did not match up to what companies claimed. According to an Aug. 26 report from Forbes, Javier Pax of the news outlet’s digital asset arm said there was a mismatch between the Bitcoin (BTC) trading data reported by crypto exchanges and the actual…

Experts weigh in on the Ethereum vulnerabilities after Merge: Finance Redefined

Experts weigh in on the Ethereum vulnerabilities after Merge: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The past week in the DeFi ecosystem saw major developments centered around the Ethereum Merge. Aave (AAVE) community proposed temporarily suspending Ether (ETH) lending…

Gaming makes up over half of blockchain industry usage, DappRadar

Gaming makes up over half of blockchain industry usage, DappRadar

New data from DappRadar suggests that gaming remains a vital organ to the blockchain industry. According to the report, the gaming sector accounts for approximately 50.51% of industry usage month-over-month (MoM), as per August numbers. While overall the numbers are a good indicator for the sector, it is a decrease…

MiCA coming in hot in October, NFTs not in focus: EU regulators

MiCA coming in hot in October, NFTs not in focus: EU regulators

Members of the Germany-based Bundesblock, otherwise known as the German Blockchain Association, updated the community on the upcoming Markets in Crypto-Assets (MiCA) regulations in a virtual panel held on Thursday, Sep. 1. According to the panel, the final legal text for the long-awaited regulations is set to be released in…

dYdX ends contentious promo claiming ‘overwhelming demand’

dYdX ends contentious promo claiming ‘overwhelming demand’

Decentralized crypto derivatives exchange dYdX says it has ended its short-lived and contentious $25 first deposit bonus promo, amid a wave of backlash over its facial recognition requirements for new users. The exchange however simply cited “overwhelming demand” as the reason for its short-lived promotional campaign, which ended on Sept….

Think tank launches ‘technical sandbox’ exploring United States CBDCs

Think tank launches ‘technical sandbox’ exploring United States CBDCs

A United States think tank has launched a “technical sandbox” aimed at advancing the exploration of a potential United States central bank digital currency (CBDC). In a Wednesday Tweet from Digital Dollar Project (DDP), the organization said the new program would explore “technical and business implementation” questions revolving around a…