Stablecoins

VNX Gold token now available on LBank, expanding global interest in gold-backed digital assets

[vc_row][vc_column][vc_column_text]Leading cryptocurrency exchange LBank, adds VNX Gold to its platform, becoming one of the exchanges to offer VNX’s asset-backed token tied to precious metals[/vc_column_text][vc_gallery type="flexslider_slide" interval="0" images="1733853,1733847,1733848,1733849,1733850,1733851,1733852" img_size="full" onclick=""][vc_column_text]Liechtenstein, November 2022 — VNX, Europe’s first regulated platform for investing in tokenized precious metals, announces that VNX Gold token is available on a top virtual asset exchange LBank. VNX Gold tokens represent an ownership stake of physical gold bullion certified by the London Bullion Market Association (LBMA). As the premier token of the VNX platform, VNX Gold empowers users to invest

Archblock welcomes END-Labs to TrueFi as Its Newest Portfolio Manager

[vc_row][vc_column][vc_column_text] END-Labs will leverage TrueFi to scale up and fund its asset pools while onboarding more real-world borrowers [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_gallery type="nivo" interval="3" images="1730680,1730681,1730682,1730683" img_size="large" onclick=""][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] San Francisco, October, 2022 – Archblock, the core team behind leading DeFi credit protocol TrueFi, bridging traditional finance (TradFi) with the DeFi infrastructure, announces the onboarding of END-Labs as a portfolio manager on the protocol. TrueFi’s Capital Markets allows nearly any portfolio manager to launch financial products on TrueFi with global reach from day one. By using TrueFi’s infrastructure, END-Labs gains access to a vast pool

MRHB and Gold & Silver Standard (GSS) Partner to Expand Halal DeFi Offerings with Tokenized Precious Metals

Melbourne, Australia, Sep 16, 2022 – MRHB.Network, a halal decentralized finance ecosystem, partners Ainslie Wealth’s Gold & Silver Standard (GSS), a leading Australian bullion trader since 1974, and will be listing the GSS gold standard ($AUS) and silver standard ($AGS) tokens in MRHB’s Sahal wallet. The partnership with Gold & Silver Standard will provide to MRHB’s ethical community a new halal offering – gold & silver tokens with $AUD and $AGS to $USDC/USDT pairings made available on TijarX, the upcoming commodities DEX integrated in MRHB’s Sahal Wallet, which will be

Digital Assets

If you ask most people in crypto what a digital asset is they usually reply that it covers everything in crypto. For over a year major exchanges and projects have been asking regulators the same question and are repeatedly frustrated by their inability to answer clearly. The reason is that the term ‘digital asset’ is one you’re likely to hear or read about frequently in the coming months. According to well-placed sources within financial journalism, regulators and lobbyists backed by legacy financial institutions are gearing up to label every cryptocurrency

TrustToken rebrands as Archblock, to modernize global financial infrastructure under new leadership

[vc_row][vc_column][vc_column_text]Having successfully incubated TrueCurrencies and with the future of the TrueFi protocol now in the hands of the DAO, TrustToken sharpens its focus to cultivate institutional DeFi adoption under the new Archblock brand, led by new CEO Ryan Christensen.[/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_images_carousel images="1678215,1678216,1678218" img_size="medium" onclick="link_no"][/vc_column][/vc_row][vc_row][vc_column][vc_column_text]San Francisco, September, 2022 – TrustToken, the core team responsible for launching TrueFi, DeFi’s leading credit protocol, and popular stablecoins including TrueUSD, announces a new identity and focus as Archblock to become the bridge between institutional investors and fund managers, and the modern financial infrastructure offered in DeFi. Archblock

Spool launches its Smart Vault tool to radically simplify risk-managed yield portfolio creation

Created to alleviate DeFi investment obstacles, Spool’s flagship service empowers individuals and institutions to easily build diversified, risk-adjusted yield portfolios that are auto-compounding and auto-rebalanced. September 2022— Spool, the DAO creating a platform to build seamless DeFi products for investors of all backgrounds, launches its Smart Vault creation tool. Smart Vaults enable individuals and institutions to create customizable and diversified yield portfolios. Through a 5-step Smart Vault, or “Spool,” creation process, users can tailor all aspects of their portfolio, including assets, risk models, strategies, and allocations, to their goals. Digital

Money is Power

The politician Benjamin Disraeli once said, “Money is power, and rare are the heads that can withstand the possession of great power.” Understanding that powerful nations have the ability to control world events through monetary policy helps to explain why regulators take such a strong interest in stablecoins. As we explained earlier this week the present strength of the US Dollar is due to the fact that over 80% of world trade has to be settled using dollars and there’s currently a shortage of dollars. This places the US in

TrueFi launches first protocol-to-protocol lending portfolio for Perpetual Protocol, powering up to $100m in DEX liquidity

Opening with a $5 million lending ceiling supported by Perpetual Protocol’s investors, the first of its kind protocol-to-protocol lending pool on TrueFi will grant Perpetual’s market makers funds to create deep liquidity San Francisco, California, February 2022 — TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively

Terra Proposal Seeks to Expand UST Stablecoin to 5 Different Defi Protocols

On January 6, Terra Research announced a proposal to expand the network’s stablecoin asset terrausd (UST) across a number of different protocols on Polygon, Ethereum, and Solana. Terra’s governance blog post discusses how the proposal to leverage $139 million of UST can bolster “awesome use-cases” in the world of decentralized finance (defi). Terra Research Proposes to Expand Terrausd’s Reach Across 5 Protocols At the time of writing, Terra’s terrausd (UST) stablecoin is the fourth-largest U.S. dollar-pegged token among all the stablecoins in existence. It is also the largest decentralized algorithmic

Bitcoin Taproot Upgrade: eine “unbedeutende Verbesserung”?

Analysten haben das Bitcoin-Taproot-Upgrade als “geringfügige Verbesserung einer veralteten Technologie” kritisiert.Gesponsert Gesponsert Taproot ging am 13. November in Betrieb und ist laut Befürwortern das erste “große” Bitcoin Core Upgrade seit 2017. Mit dem Update sollen Transaktionen billiger, schneller, sicherer und privater werden. Außerdem wird Taproot die Funktionalität von Smart Contracts innerhalb des Netzwerks verbessern. “Das Upgrade ist ein Schritt in die richtige Richtung”, meint der CTO von TrustToken, Betreiber von TrueFi und des Stablecoins TUSD. “Aber es ändert nichts an der Tatsache, dass Bitcoin technologisch weit hinter anderen Blockchains zurückliegt.”

Bank of England’s Cunliffe: Crypto Threat to Financial Stability ‘Getting Closer’ — Urges Regulators to Act Now

Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned that cryptocurrency is getting closer to posing a threat to global financial stability due to the sector’s rapid growth. Crypto is also being integrated into the traditional financial system at a rapid rate. He urges regulators to take action now. Bank of England’s Jon Cunliffe Warns Crypto Is Closer to Becoming a Threat to Global Financial Stability Sir Jon Cunliffe, Bank of England’s deputy governor for financial stability, talked about bitcoin and cryptocurrencies in general on BBC’s