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Nalezeno "Finance": 9108

TòrÒnet a Blockchain Platform Built Specifically for Financial Inclusion Launches With Four Stablecoins

17.3.2022
PRESS RELEASE. TòròNet recently announced the launch of the network’s mainnet, following nearly six months of operating a testnet. The blockchain was launched together with stablecoins in four currencies in the African sub-continent to start. The blockchain is built specifically...

HSBC enters The Sandbox to offer educational finance games

16.3.2022
Partnership hopes to promote financial literacy via gamified experiences within the metaverse

FTX Strengthens Global Presence With AZA Finance Link in Africa

16.3.2022

‘Unlucky’: Agave and Hundred Finance DeFi protocols exploited for $11M

16.3.2022
Agave and Hundred Finance have paused operations whilst investigations continue into the exploit

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

15.3.2022
The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company’s valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November....

Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance

15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...

THORChain quietly outperforms crypto market in Q1 — Can RUNE price break $10 next?

15.3.2022
THORChain reveals plans to launch Terra's UST-like native stablecoin and "Thorfi."

Dedicated crypto teams booming within traditional financial firms

15.3.2022
As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future

Deus Finance exploit: Hackers get away with $3M worth of DAI and Ether

15.3.2022
Deus Finance had acknowledged the exploit on its lending contract and the CEO of the firm was quick to come up with a reimbursement plan

Derivatives Platform Deus Finance Exploited for $3M on Fantom Network

15.3.2022
Hackers manipulated a pricing mechanism to trick the protocol in a “flash loan” attack, the security firm said

Japan Asks Crypto Exchanges to Comply With Sanctions Restrictions — Penalty Includes 3 Years in Prison

15.3.2022
Japan’s top financial regulator has asked cryptocurrency exchanges in the country not to process transactions subject to asset-freeze sanctions. The penalty for unauthorized payments to sanctioned persons includes three years in prison. Japan’s Financial Regulator and Ministry...

Nintendo’s Reggie Kicked Too Much Ass For GameStop Suits

14.3.2022
When former Nintendo of America president, Reggie Fils-Aimé, joined GameStop’s board of directors in 2020 the video game retailer was trading at less than $5 a share. A year later the stock was over $150 and Fils-Aimé was headed for the door. Why did he get out when things were so hot? Apparently...

More Than 80% of the Funds Locked in Decentralized Finance Are Kept on 5 Chains, 21 Different Defi Protocols

14.3.2022
In mid-March, the top five blockchains — in terms of total value locked (TVL) in decentralized finance (defi) — currently command more than 82% of the $198 billion TVL in defi across all blockchains. Each of these chains offers different types of defi protocols like decentralized...

Sunday Comics: Good Idea

13.3.2022
Hello! It’s time for Kotaku’s Sunday Comics, your weekly roundup of the best webcomics. The images enlarge if you click on the magnifying glass icon.Read more

Deutsche Bank to Exit Russia, Says There Will Be No New Business There

13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....

US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia

13.3.2022
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...