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Wintermute Loses $160 Million to a DeFi Hack
21.9.2022
Wintermute, one of the biggest cryptocurrency market makers, recently lost over 160 million dollars to a DeFi hack. The details about the breach have not been released, but it has been confirmed to attack 90 assets. The company’s Chief Executive & Founder, Evgeny Gaevoy, discussed the breach...
Wintermute Loses $160 Million in Latest Hacking Blow to DeFi Sector
21.9.2022
A hacking attack targeting crypto market maker Wintermute has resulted in the decentralized finance (DeFi) industry player losing some $160m to the attackers.
"We’ve been hacked for about $160M in our defi operations. Cefi and OTC operations are not affected,” Evgeny Gaevoy, the company’s...
Hacked Crypto Market Maker Wintermute Has $200M in Outstanding DeFi Debt
20.9.2022
Cryptocurrency market maker Wintermute has $200 million in outstanding DeFi debt to several counterparties, according to data provided by Nansen
Lessons From a DeFi DAO Divorce
20.9.2022
Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
20.9.2022
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: Nasdaq's Crypto Move, $160M DeFi Hack, Hong Kong CBDC + More News
DeFi Platform Maple Finance Aims to Help Struggling Bitcoin Miners With $300M Lending Pool
20.9.2022
The DeFi platform is launching its first fully-collateralized industry-specific lending pool as bitcoin miners are struggling to raise capital
Can the Metaverse exist without blockchain?
20.9.2022
Read this article to understand why a metaverse can thrive and scale better on blockchain rails
Arbswap Introduces the Nova Accelerator to Aid Arbitrum’s Ecosystem
20.9.2022
Arbswap, with a lot of enthusiasm and pride, takes this opportunity to announce its launching of Nova Accelerator, which will act as a catalyst for the speedy growth of Arbitrum Nova’s ecosystem. This will be achieved by pumping in investments in the case of projects that reflect the inclination...
US Treasury Begins Public Consultation on How to Regulate Crypto
20.9.2022
The US Department of Treasury is seeking public opinion on the “responsible development of digital assets.” Its questions focus on a variety of crypto-related aspects, including decentralized finance (DeFi), non-fungible tokens (NFTs), mixers, virtual asset service providers (VASPs), and...
Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here's why
20.9.2022
Adopting more stringent Know Your Customer (KYC) checks can give crypto exchanges a competitive edge over those that meet minimal standards
DeFi platform sees strong interest in halal-approved crypto products
20.9.2022
Navigating crypto is made more difficult for those with religious considerations and the founder of an Islamic law compliant DeFi platform has thousands of users seeking approved cryptocurrencies
DYP Announced Partnership With SWFT
19.9.2022
DYP and SWFT have come together to form the perfect partnership, with a joint idea and vision to witness the betterment of the user’s position. In their educated opinion, this could only be achieved by identifying the problem areas correctly. In today’s world of cryptocurrencies, many users...
DeFi Trader Nets Over $500K by Using DEX GMX to Manipulate Avalanche Token
19.9.2022
GMX developers have capped open interest for avalanche tokens to prevent a repeat of the manipulation
Ethereum-Based ‘Cryptoruble’ Token Under Development in Russia
18.9.2022
Developers are working on a “cryptoruble” that, as they say, can improve Russians’ access to global exchanges and be used for cross-border payments. Defi platform Indefibank, which is behind the project, says the token will be pegged to the national fiat but independent from...
Crypto Biz: The biggest problem with DeFi isn’t what you think
16.9.2022
Decentralized finance still has a ways to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company
Profit From DeFi and Metaverse Tokens With PrimeXBT Leveraged Trading
16.9.2022
The DeFi sector has struggled over the last year for various reasons, and the once magma-hot Metaverse trend has cooled off considerably. These disruptive emerging assets aren’t dead, markets are simply cyclical, and interest in these futuristic technologies will return again in a significant...
DeFi Privacy Protocol Railgun Launches Protected Mobile Wallet App
16.9.2022
Railway Wallet is the first zero-knowledge DeFi mobile wallet to operate directly on chain
USM.World Partners With BNBChain and 10 Other DeFi Protocols
16.9.2022
Creating a Web3.0 where control, security, wealth, and information are once more in the hands of the communities, and the individuals are dependent on working with top standards. The anonymity, decentralization, and community tenets underpin the bitcoin market will restore economic equilibrium....
Nitro to Build an L2 for Solana to Combine With Cosmos and IBC
16.9.2022
Nitro recently announced building a Layer 2 for the Solana network. This will be the first Solana scaling solution, connecting it to IBC and Cosmos. The announcement was done through Twitter, where Nitro released a thread of tweets to explain the development. The scaling solution will help Solana...
Transfero Introduces Digital Brazilian Real to Avalanche
15.9.2022
Transfero has brought the Digital Brazilian Real to the doorstep of Avalanche. This ambitious launch with far-reaching and all-around positive influence will be instrumental, for Avalanche dApps, in suitably connecting with the entire population of Brazil, bordering around 215 million people....