Search
Bill on Digital Ruble Submitted to Russian Parliament
1.1.2023
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The legislation introduces rules determining how the new form of national fiat will be issued and amends a series of legal acts to facilitate its implementation. Bank of Russia to...
China’s Digital Yuan Little Used, Former Central Bank Official Says
31.12.2022
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no benefits to the banks and should expand beyond being employed only as a substitute for cash, the banker...
Central Bank of Turkey Reports First Payment Transactions on Digital Lira Network
31.12.2022
The Central Bank of the Republic of Turkey (CBRT) has conducted the first payment transactions on the test network of the digital lira. The monetary authority intends to proceed with more testing in 2023 and plans to invite banks and fintech companies to join the trials. Turkey to Widen...
‘Ethereum Killers’ Managed to ‘Kill’ Themselves in 2022 Rather Than Beat the Smart Contract Economy’s Heavyweight Champ
30.12.2022
At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,’ would flip the second-largest crypto asset in terms of market capitalization in 2022. As 2022 comes to an end, statistics show that none of...
DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined
30.12.2022
The last week of 2022 didn't turn out to be a good one as the industry recorded multiple exploits and an exit scam scare
Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit
30.12.2022
The group says it’s retrieved all the funds after offering a bounty to the hacker
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
28.12.2022
Defrost Finance had not publicly commented on the rug-pull accusations in the media, until now
Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading
27.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo...
Here's how Defrost Finance plans to refund users following $12M hack
27.12.2022
The Defrost team will conduct a scan of on-chain data to find out who owned what prior to the attack
Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
26.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: BTC.com & BitKeep & Defrost Finance Hacked, North Korea Stole 1,000 NFTs, Japan to Lift a Stablecoin Ban
Defrost Finance Says Hacked Funds Have Been Returned
26.12.2022
The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million
Defrost offers 20% payment to hackers as 'Exit Scam' allegations surface
26.12.2022
"Merry Christmas guys. We got a lump of coal from Santa Claus," wrote one user in response to the allegations and the incident
Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
25.12.2022
The total value of funds locked on the protocol had dropped to less $93,000 on Dec. 25 from about $13 million, Defi Llama data show
DeFi flash loan hacker liquidates Defrost Finance users causing $12M loss
25.12.2022
Moments after a few users complained about the unusual loss of funds, Defrost Finance’s core team member Doran confirmed that Defrost V2 was hit with a flash loan attack
ECB to Decide Whether to Issue Digital Euro in 2023
24.12.2022
The European Central Bank (ECB) has published a new report on the progress of its investigation into the possible launch of a digital euro. The research will continue next year with the regulator planning to make a decision whether to proceed to the realization of the project in the fall of 2023....
Web3 projects would rather get hacked than pay bounty: Finance Redefined
23.12.2022
The top 100 DeFi tokens had a volatile yet bearish week with nearly all the tokens trading in red on the weekly charts
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says
22.12.2022
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase announced by the monetary authority last week and revised projections showing higher than...
New Report Shows DeFi Outperforming Traditional Finance in Market Conditions
22.12.2022
Decentralized finance (DeFi) still demonstrates greater potential than the traditional financial industry, despite recent setbacks, a new report has found.
The report, prepared by the crypto-focused investment firm Hashkey Capital, said the scalability of DeFi solutions already surpass that...
Defi More Scalable Than Traditional Finance, New Study Says
22.12.2022
Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has said. Even though the total value locked dropped from the peak of $180 billion in Dec. 2021...
How Regenerative Finance Is Bringing Sustainability to Crypto
21.12.2022
As the crypto industry surveys the ruins of 2022, it must refocus on its core promises and once again seek ways to add tangible and sustainable value