Bitrue Bulletin| 28.1.2023 -5.2.2023 |

3 min readFeb 6


| 28.1.2023 -5.2.2023 |

Sberbank of Russia intends to introduce the DeFi platform on Ethereum — Sberbank, the largest bank in Russia, is moving ahead with the launch of its decentralised finance (DeFi) platform and is getting ready to test the offering in the next months. According to Konstantin Klimenko, the product head of Sberbank’s Blockchain Lab, the DeFi platform will begin open trials by May 2023, local news outlet Interfax reported on February 3.

DoJ is looking into Silvergate’s connections with FTX and Alameda — According to reports, the US Department of Justice’s fraud unit is looking into the cryptocurrency bank Silvergate because of its connections to the insolvent FTX exchange and its affiliates. According to a Feb. 3 story by Bloomberg, which cited “people familiar with the matter,” the investigation focuses on Silvergate’s hosting of accounts connected to the businesses of former FTX CEO Sam Bankman-Fried.

Ray Dalio: Bitcoin is not the answer — Dalio recently discussed his thoughts on Bitcoin as a potential remedy for the issues with fiat currency in an appearance on CNBC’s Squawk. The billionaire claimed it would be ineffective as a medium of exchange and a wealth store. Stablecoins, according to Dalio, are a carbon copy of state-backed currencies and would not function as a reliable medium of exchange. Bitcoin supporters were quick to react to the interview and point out that Dalio’s ideal of what money should be already applies to bitcoin.



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XRPH Staking is now available in Yield Farming — 30 Days 50% APY

NEAR Staking is now available in Yield Farming — 30 Days 15% APY

RBX Staking is now available in Yield Farming — 15 Days 55% APY

CORE/USDT 0 Trading Fees — Trading opens on 8th February 2023!

Read about Brainz Magazine’s interview with our CMO Emma Li here — Emma talks about how the fallout of FTX proves a large marketing budget does not always guarantee success.

Watch our CSO Robert Quartly-Janeiro in an edition of Cardano 360 by Input Output HK in conjunction with COTI’s launch of DJED/SHEN here.

Bitrue x Fantom Foundation Twitter Space “Ask Me Anything” Session — In another edition of Bitrue’s Twitter Spaces AMA, we invited Sam Harcourt who heads the Business Development division at Fantom Foundation as our guest. Listen to the recording here and read the recap article here.

Listen to our conversation with Marieke Flament, CEO of Near Foundation here. Dive into how NEAR Foundation maintains its enduring commitment toward its roadmap and stakeholders.




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