Tag: DeFi

The Monetary Authority of Singapore (MAS) announced the completion of the first industry pilot program for digital assets and DeFi

She also requested DeFi investors to ensure that the projects and digital assets they are investing in are safe and managed properly. 

Decentralized Finance focused investment manager Edge Capital Management has generated up to $66.8 million across two funding rounds

Mango Markets community, a Solana-based DeFi platform has started making plans to concede to the hacker’s request for a $47 million bounty

The Amulet mainnet launch has officially been scheduled for 29th September, 2022. The team unveiled Amulet back in April along with the announcement pertaining to the seed funding round which amounted to $6 million being raised. In August, the team had successfully launched the AmuNation app, gamified bounty, the testnet, and the audit report has […]

Decentralized brokerage with fantastic ideas Financial markets have been very attractive since their inception and every year many investors from all over the world turn to financial markets, but unfortunately many of them suffer. Throughout history, their main question has always been that what is the reason for suffering in the financial markets? We have […]

Decentralized Finance (DeFi) market marker, Wintermute, through its Chief Executive Officer Evgeny Gaevoy announced via a Twitter thread that the protocol has been infiltrated and it has recorded a loss of $160 million in DeFi operations. According to the CEO, its Centralized Finance (CeFi) and Over-the-Counter (OTC)operations were not affected by the hack. As a […]

Frax Finance, a DeFi platform founded by Sam Kazemian has launched Fraxlend, its native market for lending and borrowing.  The Frax Finance Fraxlend’s Uniqueness With Fraxlend, users can borrow or lend assets with any token of their choice as far as it is listed on the Chainlink data feed. According to Drake Evans who is […]

As the Decentralized Finance (DeFi) space continues to suffer attacks from hackers, the US Federal Bureau of Investigation has issued a fresh warning against Defi platforms. In the public announcement where the agency shared the warning, it said hackers exploit vulgarities in the smart contract that governs the platforms. According to the agency, hackers have […]

DeFi transactions are considered unsafe by the Securities and Exchange Commission of Thailand (Thai SEC), which has warned local cryptocurrency investors to exercise caution while using them. The watchdog claimed that regional authorities had no control over the developing sector. The financial and capital markets watchdog claimed in a statement on Wednesday that DeFi services, particularly deposit […]

Cryptocurrency custody firm Copper has announced its intention to employ the Solana (SOL) blockchain to provide decentralized finance (DeFi) service to institutional investors. According to a statement made by Copper, with this agreement in place, its customers can connect with decentralized applications (DApps) as well as perform transactions safely on the Solana blockchain. Ultimately, the […]

Early-stage crypto investment firm, Variant has started a $450 million round across two venture funds.  According to a Thursday announcement, the first venture fund which yielded $300 million is credited as an opportunity fund while the second ($150 million) is targeted toward early startup Web3.0 projects. Variant wishes to utilize for penetrating Web3.0 and decentralized […]

A survey carried out by one of the Big 4 accounting firms, KPMG in conjunction with HSBC has revealed that non-fungible tokens (NFTs) and decentralized finance (DeFi) are more popular amongst Asian Pacific startups.  According to the report these communities are more in number when compared to other technological innovations like quantum computing and electric […]

Decentralized finance (DeFi) firm, Hashflow co-founded by Varun Kumar and Vinod Raghavan has announced via a Medium blogpost that it has raised its valuation to $400 million after it successfully secured $25 million in a Series A funding round.  The Series A round enjoyed participation from a few returning investors which include Electric Capital, Dragonfly […]

As we all impatiently wait for Web 3.0 and all the thousand-and-one predicted innovations it’s expected to bring us – we sometimes forget that part of the technology behind it, blockchain, is already with us and delivering new and exciting innovations all the time. From providing new applications for the banking, energy, legal sectors and […]

New York, NY, May 18 — AscendEX, a leading global cryptocurrency platform, is excited to announce the launch of the OMI Stake and Earn Competition which will be available beginning May 18 at 2:00 p.m UTC on their Earn platform. OMI will have an est. APR of 10%, making it one of the highest rates […]

Geneva, Switzerland / May 13 / – TRON DAO and BitTorrent Chain (BTTC) are gearing up for Season 2 of the TRON Grand Hackathon 2022, with registration beginning Monday, May 16. The Hackathon is part of TRON DAO’s long-term efforts to promote the mass adoption of blockchain technology and innovative cross-chain solutions. The Hackathon’s primary […]

Geneva, Switzerland / May 5 / – H.E. Justin Sun, Founder of TRON, has announced the launch of USDD through the TRON DAO Reserve on Thursday, May 5. SunSwap, Uniswap, PancakeSwap and Ellipsis, are among the first to have listed USDD. The initial total supply will be 66,560,006.61 on TRON, 3,100,000 on Ethereum, and 13,100,000.1 […]