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Element․Black Forms Strategic Partnership With DJ Snake
21.12.2021
PRESS RELEASE. Social-fi has been the trend of the blockchain industry as of late. The concept, closely linked to the idea of co-creating, combines the terms “social” and “DeFi” to promote a diversified interactive platform for the public. Element.Black, a recent...
Bitcoin.com to Give Away $25,000 In “December to Remember”
20.12.2021
In light of the holiday season, and to celebrate a fantastic year for economic freedom enhancing technologies like Bitcoin, Bitcoin Cash, Ethereum, NFTs, DeFi, Play-to-earn games, and more, Bitcoin.com is giving away more than $25,000 in cash prizes between now and the end of the year. $20,000...
DeFi Is a Ticking Bomb, Thanks to Innovative Collateralization
20.12.2021
2021 is coming to an end, and DeFi’s top lineup is mostly made up of synthetic asset platforms (SAPs). Any platform allowing users to synthetics or derivative values which are tied to existent assets through complete real-time is known as an SAP. Synthetics usually represent different types...
Radioshack Goes Defi in Its Latest Iteration
20.12.2021
Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which...
DeFi protocol Grim Finance lost $30M in 5x reentrancy hack
20.12.2021
An apparent security flaw in the Grim Finance protocol allowed the attacker to fake five additional deposits
Hacked Grim Finance's Auditors Blame New Analyst For Missing the Issue
20.12.2021
Auditors of the decentralized finance (DeFi) platform Grim Finance, which was exploited for USD 30m worth of digital assets on Sunday, claim that a new analyst had conducted the protocol's audit while their Chief Technology Officer (CTO) was on vacation....
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Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days
20.12.2021
One of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap...
Investors Not Impressed by Polkadot's Parachains Launch
20.12.2021
Blockchain protocol Polkadot (DOT) failed to impress investors over the weekend as it launched its first set of parachains, or individual blockchains running in parallel within the Polkadot ecosystem.
While Polkadot's utility token DOT was relatively flat on December 18, the day of the launch...
BIS Exec Says Defi Is a ‘Wake-up Call’ for Regulators, Global Crypto Policy Expected in 2022
20.12.2021
A Bank of International Settlements (BIS) executive, Benoît Cœuré, says that crypto is “growing very fast” and ”becoming mainstream in different ways.” Emphasizing that decentralized finance (defi) is a “wake-up call” for financial...
Collateral damage: DeFi’s ticking time bomb
19.12.2021
As 2022 dawns and crypto enters a new year, an innovative collateralization model will take decentralized finance space by storm
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._____...
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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....
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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