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Report: $1.3 Billion in Crypto Stolen in Q1 2022, 97% Stemmed From Defi Exploits
28.4.2022
According to a research report, $1.3 billion in digital currencies have been stolen during the first quarter of 2022. The study, published by cryptomonday.de researchers, further highlights that 97% of the stolen funds derived from decentralized finance (defi) protocol exploits. Defi Exploits...
How Deus Finance Was Exploited for $13.4M on Fantom
28.4.2022
The attack, which used a flash loan, follows a March exploit that netted $3 million
Streamers Aren't Liking Twitch's Potential Moneymaking Idea
28.4.2022
Twitch is reportedly considering major changes to the monetization practices that streamers are upset about because the potentially lopsided percentages work out to pad Twitch’s bottom line.Read more
Founders Fund, Pantera Invest in DeFi Investment Bank Ondo Finance
27.4.2022
Ondo, founded by former Goldman Sachs traders, will use the $20 million round to expand its structured products offerings
Starlay Finance, the Leading Polkadot Lending Protocol, announces April 28 for Its IDO Event
27.4.2022
Starlay Finance is a fast-rising lending protocol on Astar Network powering a novel model for quick and easy borrowing and depositing assets. Currently, the project has a valuation of over $400TVL in about two months, earning it the No.1 lending protocol spot on Polkadot. The platform’s CEO,...
Are You A Big Fan of Blockchain Interoperability? Don’t Miss Polkadot, Cosmos, Quitriam Finance
27.4.2022
Blockchain as we know it is an amazing technology with a lot of bright future waiting for it. But is there any good being done if it’s not able to reach out to other external networks? Right now, this is the problem in the crypto space, and a lot of projects are working autonomously from...
Will You Miss Out on Cronos (CRO), Logarithmic Finance (LOG) and Stellar (XLM)?
26.4.2022
Is Logarithmic Finance the new moneymaker? With the crypto market loaded with so many options and airdrops here and there, it’s pretty easy to get lost in the market. To determine who the major game-changers are, it’s very important to look at both new and old tokens. Tokens that...
Crypto lender Maple Finance expands support to Solana
26.4.2022
After expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022
Decentralized Finance Crypto Exchange Uniswap Starts Blocking Addresses Linked To ‘Blocked Activities’
26.4.2022
Uniswap, one of the main decentralized finance exchanges in the cryptocurrency world, is now taking measures to ensure illegal funds cannot be transacted using its platform. The company has already started blocking addresses linked to “blocked activities” and will apply a filter with...
While Global Markets Get Spooked by Covid and a Hawkish Fed, Stocks and Crypto Rebound After Musk Buys Twitter
25.4.2022
Wall Street suffered Monday morning as the major U.S. stock indexes dropped further, building on losses gathered last week. Reports indicate that investors are concerned about the upcoming Federal Reserve rate hikes and China’s recent Covid-19 outbreak. As equities floundered on Monday,...
Uncollateralized Lending Platform Truefi Reveals $100 Million Single-Borrower Pool Designed for Blockchain.com
25.4.2022
The crypto firm Blockchain.com has revealed it has secured up to $100 million in liquidity from Truefi’s single-borrower pool. The pool will be initially capped at $100 million over the first year and Blockchain.com aims to use the funds to bolster its own “liquidity pools, leverage...
Looking for 10x Returns? Add Binance Coin, ApeCoin, and Logarithmic Finance
25.4.2022
Are you looking for the next 10X opportunity in cryptocurrencies? Binance Coin (BNB), Apecoin (APE), and Logarithmic Finance (LOG) could yield an easy 10X return for your crypto portfolio as all three coins are exhibiting signs of bullish behavior and could rally in the near future. Logarithmic...
Bank of Russia to Pilot Digital Ruble Settlements in 2023
25.4.2022
Russia’s monetary authority intends to conduct the first settlements with the digital ruble next year, its governor announced this week. Speaking to Russian lawmakers, the official highlighted the important role the new currency is going to play for Russia under sanctions. Russia to Trial...
Decentralized credit scores: How can blockchain tech change ratings
24.4.2022
Borrowing and lending are two important parts of DeFi, but they have been missing an effective operating credential: a decentralized credit rating
Looking to take out a crypto loan? Here’s what you need to know
24.4.2022
Cryptocurrency-based loans have grown to be one of the most utilized decentralized finance (DeFi) that have emerged from the cryptoverse
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Report: Private Equity Eyeing Ubisoft As The Next Big Gaming Acquisition
23.4.2022
Private equity firms could be beginning to circle over Ubisoft, Bloomberg reported Friday. Talks are early, but include interest from firms like Blackstone Inc. and KKR & Co. Even if it’s not private equity, senior current and former Ubisoft developers Kotaku has spoken with in recent months...
Green finance needs voluntary carbon markets that work
23.4.2022
Carbon markets turn CO2 emissions into a commodity or tradable asset by giving it a price. Blockchain and smart contracts will improve those markets
Crypto Businesses Ask 27 EU Finance Ministers to Loosen Disclosure Requirements
23.4.2022
Forty-six European crypto businesses and organizations have asked finance ministers in 27 European countries to loosen some regulatory requirements for the crypto industry. For example, they asked for decentralized finance (defi) projects to be excluded from the requirements to register as legal...
Finance Redefined: Hacker bungles DeFi exploit, dYdx's decentralization goals, and more
22.4.2022
DeFi space saw the resurgence of Andre Cronje nearly a month after his departure announcement while dYdX has pledged to go fully decentralized by the end of the year