Business

Square plans to buy Afterpay—will Dorsey’s DeFi dreams come true?
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6 August, 2021

Square plans to buy Afterpay—will Dorsey’s DeFi dreams come true?

Square will acquire all of the existing Afterpay shares, and the deal is expected to close by the end of...
Voyager Digital acquires digital currency payments firm Coinify for $84M
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6 August, 2021

Voyager Digital acquires digital currency payments firm Coinify for $84M

Coinify will retain its brand and employees but will now be integrated into Voyager Digital’s investment platform.
Singapore regulator grants first approval in principle for digital currency exchange
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6 August, 2021

Singapore regulator grants first approval in principle for digital currency exchange

Australian digital currency exchange Independent Reserve received the regulatory go-ahead under the provisions of the Payment Services Act, which was...
Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec
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6 August, 2021

Here’s how Bank of Korea’s CBDC pilot is taking shape, as explained by blockchain exec

The pilot is to take part over two stages, with the initial basic testing phase set to conclude by December...
Popsicle Finance exploit shows DeFi innovation is stagnant
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5 August, 2021

Popsicle Finance exploit shows DeFi innovation is stagnant

DeFi platform 'Popsicle Finance' was exploited for $25 million, revealing that there has not been much innovation in DeFi smart...
SEC’s Gary Gensler: Consumer protection ‘main concern’ despite digital currency ‘intrigue’
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5 August, 2021

SEC’s Gary Gensler: Consumer protection ‘main concern’ despite digital currency ‘intrigue’

The new chair of the U.S. Securities and Exchange Commission is mainly concerned with the risks arising from unregulated digital...
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