Remove NFTs Remove Risk Management Remove Stablecoins
article thumbnail

ELFi Protocol, a DEX Derivatives Platform, Officially Launched with a $100,000 Airdrop Event

Fintech Review

Additionally, the platform has designed an innovative zero-risk stable coin liquidity pool and a mature risk management system for contracts of various risk levels. The platform strives to better meet market and user needs in areas such as risk isolation, asset pricing, and support for LSD assets.

NFTs 52
article thumbnail

Magnify Cash Launches DeFi Protocol and Announces $MAG Token Fair Launch

Fintech Review

Users can now leverage NFTs and tokenized real-world assets such as art, real estate, bonds, and luxury goods as collateral, unlocking liquidity without the need to liquidate these valuable assets. Seamless Operations: Asset-backed borrowing and lending with permissionless creation and management of lending desks.

NFTs 52
article thumbnail

Less Than 1 in 10 Firms Are Fully Prepared for MiCA With 25% Having Made No Preparations

The Fintech Times

The EUR denominated stablecoin EURT, will be delisted in advance of the June 30 deadline. Additionally, there needs to be further regulatory clarity around certain topics and business models, like NFTs and smart contracts. One area that the regulations currently get wrong is stablecoins.

article thumbnail

Here Are All The Licensed Crypto Services Providers in Singapore

Fintech News

This is part of MAS’s broader strategy to strengthen consumer safeguards and mitigate risks in the digital currency domain. Following its latest feedback publication on DPT regulations, MAS has introduced rules focusing on business conduct and technology risk management. It claims 50 million customers.

article thumbnail

7 Prominent Fintech Investors in Singapore Backing The Ecosystem

Fintech News

SOSV (USA) Founded in 1995 and headquartered in the US, SOSV is a VC firm that provides pre-seed, seed, venture and growth stage funding to startups in the technology sector.

FinTech 97
article thumbnail

What Are the Biggest Cryptocurrency Innovations We Have Seen in the Last Year?

The Fintech Times

“Bitcoin Ordinals: NFTs on top of the Bitcoin Blockchain – this is an improvement to the smart contract layer, and quite a contentious innovation in the Bitcoin community. Additionally, AI and ML algorithms help create more accurate trading signals, automate risk management, and provide users with personalised trading insights.”