decentralized finance

THORSwap, a decentralized exchange (DEX) powered by multichain THORChain, has taken a proactive step by entering maintenance mode to prevent potential illicit fund movements through its platform. This decision was made after consulting with advisors, legal counsel, and law enforcement. Cross-chai ...

As of my last knowledge update in September 2021, there was no information available about Honda accepting cryptocurrencies like Bitcoin and Ethereum for vehicle purchases. However, the cryptocurrency space is rapidly evolving, and it's possible that developments have occurred since then. The new ...

Mário Centeno, the Governor of Banco de Portugal, has joined the growing number of regulators advocating for a global framework to regulate cryptocurrencies effectively. In his opening speech at the 2023 Banco de Portugal Financial Stability Conference on October 2, Centeno emphasized the need for i ...

Bitgert and Orbit Pad have joined forces to advance the world of decentralized finance (DeFi). In the rapidly evolving DeFi landscape, new companies and innovative solutions continue to emerge, and partnerships play a crucial role in promoting blockchain technology and supporting the success of bloc ...

Exploring XRP: A Concise History of the Real-Time Gross Settlement System While Ripple faces its fair share of criticism, a dedicated community of XRP enthusiasts firmly believes in its potential to shape the future of decentralized finance and cross-border settlements. In this c ...

Circle, a prominent issuer of USDC (USD Coin) stablecoins, has unveiled the introduction of its flagship asset on the BASE network. This expansion allows developers and customers to seamlessly leverage their Circle accounts and Circle APIs to access USDC on the BASE network. Circle emphasizes tha ...

Commodity Futures Trading Commission (CFTC) Commissioner, Summer K. Mersinger, has expressed concerns over the CFTC's approach to decentralized finance (DeFi) protocols. In a public statement issued on September 7, Commissioner Mersinger criticized the focus on enforcement actions rather than engagi ...

Palo Alto Networks CEO Nikesh Arora has urged companies to modernize their cybersecurity systems, cautioning that bad actors have become much faster at breaching company defenses than ever before. Speaking to Jim Cramer on CNBC’s “Mad Money” on Aug. 21, the cybersecurity firm CEO said that compan ...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. Over two weeks after Curve Finance’s multiple pool exploits, the DeFi protocol has assured the hack victims t ...

Analysts at PeckShield, a company specializing in the security of cryptocurrency projects, reported on the hack of a service for decentralized finance Jimbo's Protocol. Hackers withdrew 4,090 ETH ($7.5 million). The hack was due to a lack ...

European Systemic Risk Board (ESRB) called on European authorities to ban the possibility of using borrowed funds for cryptocurrency trading. For this purpose the regulator proposes to set restrictions for investment funds, cryptocurrency exchanges and other organizations ...

American billionaire and reality TV star Shark Tank offered a way for cryptocurrency issuers to avoid SEC harassment. Mark Cuban believes that cryptocurrency issuers could immediately issue their assets and use them to provide liquidity through decentralized finance (DeFi), ...

In one week in Ukraine there will be Crypto | Verse Conference - an event in the Ukrainian market, which will be a platform for discussing the prospects of cryptocurrencies, their benefits for business and financial inclusion, the use of blockchain technology and CBDC, NFT, decentralized finance ...

Bitget has officially launched blockchain courses at Bitget Academy and holiday promotions to coincide with Bitcoin Pizza Day. The educational courses are part of Bitget's Blockchain4Youth project to educate and empower the next generation of leaders. To support young ...

Auradine raised the most money at $81 million; Six projects did not disclose the amount of investment The most active funds this week were Hashed Emergent, CoinSwitch and Coinbase Ventures All of them participated in two rounds of funding ...

A roughly 10% of U.S. investors have expressed their intention to hedge their bitcoin risk amid fears of an all-American default, Bloomberg writes. About 8% of professional investors surveyed and 11% of retail investors said they would be more willing to buy bitcoins than a ...

Mistakes in the security of the Level Finance platform allowed attackers to withdraw more than 214,000 LVL and exchange for 3,345 Binance Coin (BNB) coins totaling approximately $1 million. PeckShield, which monitors blockchain security issues, reported that a bug was dis ...

Kyber Network warns users of potential vulnerability on KyberSwap Elastic platform Kyber Network, a decentralized finance protocol team, has issued a warning to users of its KyberSwap Elastic platform about a possible security breach. While the developers did not provide details about the vuln ...

The decentralized exchange SushiSwap recently experienced a security breach resulting in hackers exploiting a vulnerability in the RouteProcessor2 smart contract. The hackers were able to withdraw over $3.3 million from the platform before the issue was identified. The CEO of SushiSwap, Jared ...

In a recent interview with the Financial Times, Neil Stevenson, an acclaimed American science fiction writer, shared his insights into the future of the metaverse and what conditions are needed for its widespread adoption. Despite being a visionary in the realm of science fiction, Stevenson expre ...

The CEO of ARK Invest, Catherine Wood, has expressed her concern over the instability of the banking system and its potential impact on stablecoins, while noting the upward trend of bitcoin and ether. Wood has criticized regulators for not taking timely action to prevent a potential banking crisi ...