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The battle of banks vs. DeFi is a win for individual crypto investors
19.12.2021
Banks are no longer the only player in the financial industry, as decentralized finance builds authority and gains mainstream adoption
Crypto Security in 2022: Prepare for More DeFi Hacks, Exchange Outages, and Noob Mistakes
19.12.2021
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Security is integral to crypto. This is perhaps unsurprising for something based heavily in cryptography, but with cryptoassets now surpassing a total market capitalization of USD 2trn, security has to be a key issue for every exchange, wallet, platform, user, and investor in...
Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’
18.12.2021
On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries. Seba believes the token can be leveraged as a compliant stablecoin “backed by responsibly sourced...
From DeFi year to decade: Is mass adoption here? Experts Answer, Part 1
18.12.2021
Decentralized technologies’ insiders shared their views on DeFi and on the role, achievements and challenges the space faced in 2021
Kraken Ventures Raises $65 Million to Invest in Web3, Defi, Blockchain Startups and Protocols
18.12.2021
The independent investment fund led by Kraken alumni that’s focused on early-stage companies and protocols, Kraken Ventures, announced the successful closing of its first fund at $65 million. Presently, the fund holds positions in platforms like Hashflow, Pstake, Acala, Blockdaemon...
Cornell Professor of Economics: Defi Promise Is Real but Bitcoin May Not Last Much Longer
18.12.2021
A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either...
What Did We Learn from the MonoX Hack?
17.12.2021
Gleb Zykov is the Co-Founder and Chief Technology Officer of HashEx, a blockchain advisory and security audits company._____...
Read More: What Did We Learn from the MonoX Hack?
Genius Yield raises $118M via ISPO in first 48 hours
17.12.2021
The initial stake pool offering has seen significant uptake, with one of the four GENS pools being nearly fully committed in just two days
DAOs, Token Holders Could Face New Tax Liabilities, PwC Report Warns
17.12.2021
People who are part of Decentralized Autonomous Organizations (DAOs), or even holders of certain decentralized finance (DeFi)-focused governance tokens, could have tax liabilities that far exceed what they expect to see, a new PwC report on crypto taxation has warned....
Read More: DAOs, Token...
Finance Redefined: 83% of 7-figure Millennials own crypto, Sen. Warren criticizes DeFi, Dec. 10–17
17.12.2021
A new study finds that more than 80% of millionaire youths hold digital assets, Senator Warren attacks stablecoins, and billions are locked in the Eth2 contract
Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign
17.12.2021
The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL....
YFI price gains 46% in just four days after Yearn Finance's $7.5M buyback
17.12.2021
Its "decentralized" Treasury has more than $45 million and would pursue similar YFI buybacks in the future
Crypto Industry Insiders Share Top Ethereum, DeFi, Gaming, and TradFi Trends for 2022
17.12.2021
As the year is about to end, a number of companies working in the crypto space have shared with Cryptonews.com their predictions for 2022.
To help you understand what some of the major players in the space see for the next year, we decided to take a look at what topics are trending among those...
Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis
17.12.2021
Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis....
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The DeFi Kingdom Announce New NFTs Named Heroes
17.12.2021
The DeFi Kingdom, the emerging GameFi venture, recently announced new NFTs called Heroes. The NFTs are playable characters that can earn tokens on quests. Unlike standard NFTs, Heroes gain experience with quests and can even equip gear for better performance. DFK (DeFi Kingdom) has dominated...
Wall Street financial advisor LionTree explores crypto payments
17.12.2021
Financial advisory group LionTree has been a part of some of the most prominent Wall Street acquisitions and IPOs
Melania Trump's NFT Vision, Mastercard's Ethereum Plan + More News
16.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Melania Trump's NFT Vision, Mastercard's Ethereum Plan + More News
DeFi Companies Reach Out to Finance Ministry for Crypto Regulations
16.12.2021
The recently-proposed crypto regulations are harboring attention as DeFi companies reach out to the finance ministry. The firms seek more clarity on the regulations, propositions, and effects. Most of these firms revolve around offering interest on crypto-insurance, loans, and deposits. The primary...
DeFi, Metaverse, and NFTs: Top Crypto Use-Cases Capable of Changing the Market
16.12.2021
The crypto industry has experienced tremendous growth in the past two years. Crypto is on its way to the mainstream as it presents multiple use-cases. NFTs, Metaverse, and DeFi are three of the most popular cryoto phenomena that have emerged in recent years. For a long time, virtual reality...
US Senator Says Defi Is the Most Dangerous Part of Crypto – Urges Regulators to Clamp Down Before It’s Too Late
16.12.2021
U.S. Senator Elizabeth Warren has called on regulators to clamp down on decentralized finance (defi) and stablecoins “before it’s too late.” She said: “Defi is the most dangerous part of the crypto world … it’s where the scammers, the cheats, and...