Russian Bank to Launch DeFi, Hive is Growing along with Layer 2

The Daily Leo #201

alokkumar121

Feb 4

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Welcome to another edition of Daily Leo! We pick the best articles in Finances, Crypto news, and Hive/Leo into one condensed information-packed space.

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Should You Invest In Artificial Liquid Intelligence?

Artificial intelligence technology is getting more attention and now with the involvement of crypto and metaverse, it has gone to the next level. Artificial liquid intelligence (ALI) is the utility token from the Alethea blockchain and the project has created NFTs. They have combined AI (Artificial Intelligence) and blockchain technologies together to create intelligent NFTs

China’s real estate crisis isn’t over yet

China has been going through a real estate crisis and during the pandemic, China is not the only country going through this. The country says that this is not a crisis anymore but as per IMF this is a crisis and its not over yet

Russian Bank to launch its DeFi platform

Sberbank is the biggest banking institution in Russia and its going to launch its decentralized finance (DeFi) platform. The bank has been working on it and the platform is currently in the beta stage. They are going to launch it by the end of April this year and effective May month its possible to be available for some commercial operations

El Salvador enacts new bitcoin regulation

El Salvador has been a leader in crypto as they declared bitcoin legal tender in their country. Now the country is trying to make it even better and they have proposed a new law that governs the use of digital currencies. This new bill has received the support of 62 out of 84 members and establishes a new regulatory body to oversee crypto-related activities

The world must take a ‘collective action’ approach to regulations

The Indian government is expecting global support to regulate crypto. The finance minister Nirmala Sitharaman suggested in a television interview that this can not be done by a single country and it requires international efforts

Threads: 3x Growth Since the Start of 2023

Microblogging on Hive has been introduced by Leofinance and the team has launched Threads. It's been a few months since the launch and the growth in the year 2023 has been great. Leo Thread is a nice dApp that offers easy posting options where we can post even a photo with one line and can earn hive and leo tokens

Hive Is Growing Up Quickly Along With Layer 2

Hive continues to grow and there are multiple layer 2 projects that are doing really well. The projects like 3Speak, Leo Threads, Splinterlands, etc are adding a ton of value to the hive blockchain. Even in the bear market, development is good and we can expect a lot in the next few years on the hive platform.

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This edition of The Daily Leo was published by @alokkumar121 on Leo Finance, read the original article here

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