Crypto Analyst Says Asian Markets Will Make DeFi Blow Up
DeFi projects have been flying high since the start of the year, from Kyber Network to Aave, to Compound and Balancer, among many other platforms. In fact, DeFi has grown…
China Trust Blockchain Committee Establishes CCAL Super Ledger
The China Trust Union Alliance Blockchain Committee has recently disclosed the launch of a blockchain project called CCAL Super Ledger. Also known as Credit Cooperative Alliance Ledger, the CCAL project…
Ride-Hailing Giant Didi to Test Out DCEP to its 550 MIllion Users
China’s ride-hailing giant Didi Chuxing will soon pilot the country’s national digital currency (DCEP) as one of its supported payment methods. When rolled out, this could be one of the…
CBDC Arms Race Escalates as DCEP Gets Tested by Two More Giant Companies
China’s DCEP appears to be on fire as two multi-billion dollar companies have planned to test out the digital yuan as a payment method for their services. Meanwhile, other countries…
Maker Dethrones Compound As DeFi Hits Near $3 Billion
Maker has recently outdone Compound in terms of total locked-up assets as the DeFi market primes to hit another new milestone. Meanwhile, the excitement hasn’t penetrated much of China as…
Digital Yuan Airdropped to Nearly 2 Million Citizens Lottery-Style
Compared to other CBDC projects, China’s Digital Currency Electronic Payment (DCEP) initiative is arguably the most advanced out there, boasting over 6 years of development. It was bolstered further by…
China’s Central Bank Head Wants to Accelerate Digital Yuan Public Launch
The deputy head of China’s central bank, Chen Yulu, has hinted at a possible acceleration of the digital Renminbi’s development and issuance (RMB). In a statement, Yulu, the deputy governor…
Central Bank to Alter Banking Law and Legalize DCEP and Ban Yuan Stablecoins
The People’s Bank of China (PBoC) aims to make it illegal to create tokens based on its digital yuan. On Friday, the Chinese central bank issued a notice indicating that…
DCEP Usage Has Breached 2 Billion Yuan
On Monday, the People’s Bank of China (PBOC) governor Yi Gang announced that 4 million separate transactions had been done so far using China’s new digital currency. He gave an…
Kardiachain Launches KAIDEX Delivering DeFi and CeFi Benefits to Traders
Leading Vietnamese blockchain business Kardiachain has today taken the first step towards the launch of KAIDEX, a unique decentralized exchange that delivers unparalleled functionality for users. KAIDEX is the first…