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

Fintech Review

Zero-Risk Stablecoin Liquidity Pool : This on-chain yield product offers returns compared to DeFi industry rates. Users holding ELFi’s beta test NFTs can earn accelerated rewards, and each valid user referral will also result in accelerated rewards, with the maximum acceleration being 5x.

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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. Key Features Comprehensive Support: Universal support for lending currencies and loan collateral (ERC-20, ERC-1155, ERC-721).

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80+ Companies Shaping The Blockchain Landscape

CB Insights

Meanwhile, non-fungible tokens ( NFTs ) are making strides toward becoming mainstream. But blockchain’s potential extends well beyond crypto and NFTs. Tokens & cryptocurrencies: These companies provide digital tokens, currencies, and stablecoins powered by blockchain networks. download our best of blockchain research.

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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.

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May at The Fintech Times: Digital Assets

The Fintech Times

We will: Explore the biggest innovations over the past year in the cryptocurrency, stablecoin, blockchain and digital assets spheres. Explore which countries are leading the stablecoin race and why. Dissect the common misconceptions between digital assets and cryptocurrencies and how they can be corrected.

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FASB Adopts Changes to Accounting and Disclosure Standards for Digital Assets

Global Fintech & Digital Assets

However, non-fungible tokens (NFTs) and possibly stablecoins and governance tokens appear not to fall within the Update. Wrapped tokens may also not fall within the Update if they provide the holder with a right or a claim on another asset.

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5 Top Fintech Trends Shaping the APAC Region in 2024

Fintech News

In contrast to recent tech fads like NFTs and the metaverse, the focus on AI and ML is well-justified. Source: Monetary Authority of Singapore Several nations within the APAC region, including Singapore and Japan , are actively exploring Web3 digital assets and stablecoins. billion by 2027.

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