Defi
Crypto’s flexibility, and transparency key to an ideal economic system, say BIS execs
Governments around the world are looking to central bank digital currencies (CBDCs) as a tool to improve the existing fiat ecosystem. According to a report by the International Monetary Fund…
FBI recommends due diligence, targeting DeFi
Smart contracts that govern DeFi platforms were identified as a particular cause for concern for the enforcement agency. The United States Federal Bureau of Investigation (FBI) has issued a new…
ASIC’s New Corporate Plan: Cryptocurrency Investments
Part of its actions will include raising public awareness about the risks inherent in crypto-assets and decentralized finance. Australian Financial Controller, Australian Securities, and Investments (ASIC) has pledged to maintain…
1inch co-founder said in KBW 2022 that they have plans to expand into the Asian market
Decentralized finance-(DeFi) aggregator, 1inch’s plan to expand into the Asian market comes as they told Cointelegraph at KBW that they’re currently working on a partnership with metaverse-focused blockchain Klaytn. But…
BREAKING: Celsius reportedly planned to file the Chapter 11 paperwork “imminently.”
Crypto lending platform Celsius has filed for Chapter 11 bankruptcy, with its lawyers starting to inform individual U.S. state regulators as of Wednesday, July 13. CNBC reported and referred to…
Crema hacker returns $8M, while keeping $1.6 million as a white hat bounty
The hacker who subjugated Solana-based liquidity protocol Crema Finance on July 2 returned most of the funds. The Crema Finance team awarded the hacker who made off with nearly $10…
Solana Ventures has raised $100M fund for GameFi and DeFi in South Korea
The purpose of the new fund is to support the growth of NFT, gaming and DeFi projects in Solana and to help former Terra developers get back on their feet…
Attacker botches DeFi loophole: steals $1M from the contract that is set to ego
An attacker botched their heist at the finish line, leaving leftover $1 million in looted bitcoin in an unusual, humorous blunder amid DeFi operations. The hacker took advantage of a…
The world does not require banks, policymakers, or non-governmental organizations — it requires DeFi
In the internet era of Web3, Defi can herald a process in which people do not have to spend 10% of overseas firms to provide financing. When I came of…
DeFi ‘Godfather’ Cronje Quits as TVL and Tokens Tank for Related Projects
DeFi Decentralized finance (DeFi) is an emerging financial technology based on secure distributed ledgers similar to those used by cryptocurrencies. The system removes the control banks and institutions have on…
