Aave Unveils V4 Protocol Overhaul: Revolutionising DeFi Lending
Aave Labs, the firm behind DeFi shared the next version of its protocol which include improvements to its sablecoin GHO.
According to a new report, the national GDP of Australia could increase by as much as $40 billion US a year with regulatory infrastructure.
Accenture, in association with the Tech Council of Australia, released the report looking at the potential that digital assets could offer to the country’s economy and business sector. The report opens with a bullish hypothesis:
“Digital assets (DA) have the potential to transform our lives offering significant time and cost savings to individuals and businesses.”
The research estimates that digital assets, including cryptocurrencies, stablecoins, non-fungible and fungible tokens could offer a saving of up to 80% in retail payment costs within the next 7 years. According to the report, digital assets has the potential to not only save money but also save millions of hours in administrative time with tax compliant documents. The report also notes that digital assets could contribute up to $15 billion more in tax revenue in 2030 with an overall $60 billion added to the country’s gross domestic product by 2030.
Showing use cases for cryptocurrency, Accenture notes that digital assets can help the business and banking sectors with the innovative opportunities:
Aave Labs, the firm behind DeFi shared the next version of its protocol which include improvements to its sablecoin GHO.
Hong Kong launched new crypto ETFs, and fund issuers hope this will open the door for mainland Chinese investment in the future.
According to report a solo miner netted around $200,000 in rewards for validating a Bitcoin block 841,286.
President Jack Collison announced its re-entry in the crypto sphere, where Stripe users will be able to pay with USDC beginning this...