Local stakeholders call the move a “marketing gimmick†while others say it's the most efficient way to distribute economic stimulus.
ArkotNews
M11 Credit Resumes Crypto Lending on Maple Finance After FTX-Spurred Pause
The firm introduced an upgraded credit underwriting process and appointed a new head of credit. The developments came after M11 Credit suffered $36 million of loan defaults on lending protocol Maple Finance following FTX’s November collapse.
ANZ Bank Completes Carbon Credits Trading as Part of Australia's CBDC Pilot
ANZ partnered with Grollo Carbon Ventures to trade Australian Carbon Credit Units (ACCU).
U.S. Adds 236K Jobs in March Versus Forecasts for 239K
Bitcoin was little changed at $27,900 in the minutes following the roughly in-line report.
Sybil Millionaires: How Airdrop Hunters Trick Projects and Snatch Fortunes
They maintain multiple accounts for the same project, stay undetectable and maximize profits from airdrops like those of Arbitrum, Aptos, Sui and others.
Ripple's Effect on Financial Advisors
Ripple was projected to have spent $100 million fighting the SEC. Financial advisors should pay attention to Ripple’s trial, as it could have significant consequences to how we define securities.
Hong Kong’s Financial Secretary Declares Now Is the 'Right Time' for Web3 Adoption
Finance chief Paul Chan said in a blog post that despite recent volatility in crypto, now is the time to push forward Web3 technologies.
ROOK Investors Begin Swapping Tokens for $25M Crypto Treasury
Rook Labs and activist investors reached a deal that returns millions of dollars to the former DAO.
Web3 Experiential Tokens and Asset Pricing
Web3 consumer engagement models are still in their infancy, but could have the potential to unlock incremental value and enable price discovery for creators and investors alike.
Former BitMEX CEO Arthur Hayes Calls His Maelstrom Capital a ‘Very Patient’ Fund
Hayes wants Maelstrom to outperform bitcoin and ether, which won’t be easy.