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OMNIA Protocol Integrates Blockpass to Secure DeFi Trading

HONG KONG, Apr 2, 2024 - (ACN Newswire) - Blockpass is pleased to reveal a new partnership as OMNIA Protocol, a specialized RPC provider for DeFi traders, integrates Blockpass’ regulatory regulatory solutions. Through this integration, OMNIA benefits from compliance measures that include KYC, AML and KYB that will protect its users as they utilize the benefits of DeFi and the crypto space. Created by cybersecurity, privacy and trading experts, OMNIA aims to tackle DeFi issues including front-running and MEV exploitation to create an ecosystem where anyone can enjoy an unparalleled

D8X Re-Engineers DeFi Derivatives With Launch on Polygon zkEVM

Supported by Polygon Ventures, D8X targets institutional users with next-gen DEX engine, innovative features, novel white-label approach [Zug, Switzerland - Feb. 6, 2024] - D8X, an institutional-grade decentralized exchange (DEX) for derivatives, has launched on Polygon zkEVM, establishing a new benchmark for decentralized finance. With support from Polygon Ventures and other notable partners, D8X reconceives on-chain derivatives, starting from fundamental financial engineering and extending to its novel white-label business-to-business model–a first for Polygon zkEVM. Until now, users seeking the trading experience offered by D8X have had to resort to Centralized

The Fight for Financial Freedom

As the grasp of regulators tightens on the global cryptocurrency market, exchanges such as KuCoin are being compelled to implement mandatory pre-purchase checks. In tandem, several prominent banks are limiting funds transferred to cryptocurrency exchanges under the guise of protecting customers from fraudulent activities. In the background, the Financial Action Task Force (FATF) is looming over these rapidly evolving regulations. The FATF underscores the significance of Know Your Customer (KYC), Know Your Business (KYB), Know Your Transaction (KYT), and Anti-Money Laundering (AML) regulations applicable to all financial transactions, cryptocurrencies included.

FTX Trading Bankruptcy: Protecting Your Company’s Interests.

Zuber Lawler is representing entities who received investments from Alameda Research and FTX Ventures. Alameda Research and several other FTX-related entities have filed bankruptcy proceedings in Delaware. These multiple filings are all being administered under one matter, In re FTX Trading, USBC Case No. 22-11068. Most first and second day motions have been heard and either have been granted or are currently pending. Things are moving forward. On January 18, 2023, FTX debtors moved for an order authorizing and approving procedures for a sale or transfer of what they have

xBacked Launches xUSD, a 110% Over-Collateralised Stablecoin for Algorand Positioned to Transform the DeFi Realm

MEDIA RELEASE xBacked is a permissionless over-collateralized stablecoin protocol built on Algorand that allows anyone to use cryptocurrency without the volatility xBacked's decentralised stablecoin xUSD is available now to be minted on the platform, and aims to maintain a stable value of $1 USD backed by assets in the basket Stability pool, on-chain governance and TGE (token generation event) will be available in the coming months 17 JANUARY 2023: Launching today, xBacked is set to raise the bar with its over-collateralized stablecoin, xUSD. Built on Algorand and backed by multiple