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Nalezeno "Li Finance": 11668

Florence Finance to launch its RWA platform on Arbitrum

14.6.2023
Following a lot of deliberations, Florence Finance has finally gone in to deliver its RWA platform on the Arbitrum Goerli Testnet regarding the initial testing phase. Thereafter, the company’s plans are laid out for launching the platform on the Arbirum mainnet. Through this, the company will...

No Billion Crypto Users Without ‘Wallets That Work Like Modern Technology’ — Binance Head of Product

14.6.2023
While the blockchain and decentralized finance are often touted as the future of finance, according to Binance’s head of product Mayur Kamat, more people will become comfortable using these when there are crypto “wallets that work like modern technology.” For Kamat, an early...

Prime Trust Unit Banq Files for Bankruptcy

14.6.2023
Bankruptcy filing comes as TrueUSD stops redemptions and Haru Invest ceases operations citing problems with an unnamed partner

Sturdy Finance DeFi Protocol Faces Exploit, Loses More Than $750,000

13.6.2023
Decentralized finance (DeFi) protocol Sturdy Finance has been exploited, but the team has promised that no further action will be taken against the hackers if the money is returned. Writing on Twitter on Tuesday, Sturdy Finance founder Sam Forman said his team has told the exploiter that they...

House Bill Shows Challenge of Regulating Crypto Without Giving TradFi a Free Pass

13.6.2023
House Republicans Patrick McHenry and GT Thompson face a central problem drafting their crypto bill: Removing SEC discretion over whether a crypto token is a security allows issuers of traditional stocks and bonds the opportunity to arbitrage regulation, writes Todd Phillips

U.S. SEC Out-of-Bounds in Dragging DeFi Into Proposed Exchange Rule, Industry Says

13.6.2023
The U.S. Securities and Exchange Commission (SEC) wants to stretch how it identifies exchanges it needs to regulate, and the agency’s inbox is jammed with crypto industry letters accusing it of reaching well beyond its legal powers and potentially forcing rules on services the platforms need, such...

U.S. CPI Inflation Slows to 0.1% in May; Bitcoin Rises

13.6.2023
The news on consumer prices comes one day ahead of the results of the Fed's latest monetary policy meeting

DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned

13.6.2023
Sturdy Finance founder Sam Forman said the company will not pursue the issue any further if the hacker accepts the offer and returns the remaining funds

Classifying Crypto Tokens as Securities Will Hamper Some Blockchains’ Decentralization Efforts, Bernstein Says

13.6.2023
The core issue is whether countries should use securities law framed decades ago to categorize crypto tokens, without realizing the efforts of blockchain networks’ to transform existing financial systems, the report said

Crypto Investing Platform Finblox Starts Offering Tokenized Treasury Yield With OpenEden

13.6.2023
Demand for tokenized versions of short-term U.S. government bonds has been increasing as crypto investors turn to real-world assets to earn returns on their investments

Investing Platform eToro to Delist Four Cryptocurrencies for U.S. Users Next Month

13.6.2023
eToro cited "recent developments" as the reason for the move, referring to the SEC's legal action against Coinbase and Binance and the regulator labelling certain cryptocurrencies as securities

Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack

12.6.2023
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol...

BLUR Underperforms CoinDesk Market Index Ahead of $62M Token Unlock

12.6.2023
Huge increase in supply could hurt BLUR’s price. The token has also fallen after SEC labeled other tokens as securities

Andreessen Horowitz's Crypto Arm to Establish London Office – Next Crypto Hub?

12.6.2023
Many US-based crypto firms have been keen on expansion moves amid heightened regulatory uncertainty in the United States. The latest firm to announce its expansion plans is the crypto investment subsidiary of VC Andreessen Horowitz, a16z crypto. The firm announced its plans to launch its first...

Polygon Takes Wraps Off Version 2.0

12.6.2023
The protocol calls the latest version “the value layer of the Internet.”

Potential Venus Protocol Liquidation Raises Concerns in BNB Community

12.6.2023
Crypto market observers are currently focusing on the Venus Protocol this week as the protocol grapples with a possible liquidation of binance coin (BNB). The hacker who exploited the BNB blockchain managed to secure $150 million in stablecoins through the use of Venus. If the price of BNB slips...