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Turbos Finance, a decentralized exchange (DEX), has unveiled two market-first liquidity strategies within the Sui (SUI) ecosystem, according to the information shared with Finbold on May 2. The new strategies aim to revolutionize automated liquidity management and simplify liquidity provision. Turbos Finance’s liquidity strategies The first strategy is a network-centric automated liquidity management vault for CLMM positions on the Turbos DEX within the Sui network.  Picks for you Bullish: Shiba Inu whale stacks $40 million in SHIB 26 mins ago FOMO takes over as April’s 'Nonfarm Payrolls' data favor interest rate cut 33 mins ago AI sets Solana price for May 31, 2024  53 mins ago Navigating the market: How to realign your investment portfolio in volatile times 1 hour ago The second is an innovative Auto-swap capability combined with Dollar-Cost Averaging (DCA) strategies meant to simplify liquidity provision. With these automat...

The European Union is enhancing the European Central Bank’s role to oversee climate risks and digital assets in the banking sector. This move comes with the expanding scope of risks facing the banking sector, notably those associated with climate change and the burgeoning field of digital assets. Under the new mandate, the ECB’s responsibilities will now encompass overseeing banks ’ transition strategies towards a net-zero carbon economy spanning the next three decades. This development places the ECB at the forefront of supervising how banks prepare and adapt to environmental changes, which is increasingly seen as critical given the potential financial risks of climate change. Moreover, the ECB’s jurisdiction is extended to include the supervision of bank-owned crypto asset services. This change reflects the growing importance of digital assets like Bitcoin (BTC) in the financial landscape and the need for robust regulatory frameworks to manage associa...