As a researcher with extensive experience in the Decentralized Finance (DeFi) industry, I find Ethena Labs’ latest triple attestation reports on its USDe stablecoin to be an impressive step towards transparency and accountability in the sector. The fact that the company has ensured that the underlying assets are kept off-exchange within institutional custodial solutions adds … Read more
As an analyst with extensive experience in the financial industry, I see B2C2’s expansion into Singapore as a strategic move that will undoubtedly strengthen its presence in the Asia-Pacific region. With its existing offices in key financial hubs like London, Paris, Luxembourg, New Jersey, and Tokyo, the addition of a Singapore office makes perfect sense, … Read more
As a researcher with a background in finance and cryptocurrencies, I find the situation surrounding Gopax and Binance deeply concerning. The sale of victims’ asset claims for less than half of their worth by Gopax, which is backed by Binance, raises red flags. On May 27, Binance, a significant shareholder in the South Korean cryptocurrency … Read more
As an experienced financial analyst, I view this collaboration between Nomura Holdings and GMO Internet Group as a prudent move towards embracing the evolving world of stablecoins within Japan’s regulated financial sector. The focus on regulatory compliance is essential given the stringent 2022 regulations in place. Moreover, adhering to the legal requirement of full backing … Read more
As an analyst with a background in cryptocurrency and blockchain technology, I find the recent development of HTX surpassing Coinbase in spot trading volume to be an exciting turn of events. Justin Sun’s announcement on Twitter further underscores the significance of this achievement for the Hong Kong-based exchange. HTX, the cryptocurrency exchange based in Hong … Read more