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BREAKING: Cream Finance appears to have suffered major loss in flash loan hack
27.10.2021
Malicious actors continue to target decentralized finance projects for their exploits. On Wednesday, a major DeFi lending platform suffered a flash loan attack
Cream Finance Suffers Another Exploit as Attacker Runs Away With USD 100M+
27.10.2021
Ethereum (ETH)-powered decentralized finance (DeFi) project Cream Finance (CREAM) suffered another flash loan attack as the attacker reportedly stole more than USD 100m worth of tokens.
Blockchain analytics and security firm PeckShield flagged the attacker's address, while Cream finance confirmed...
Dubai finance watchdog approves listing of Bitcoin fund
27.10.2021
The DFSA is establishing itself as an innovative regulator for the region by focusing on fintech and innovative technology
Slovenian finance ministry seeks public opinion on crypto tax laws
27.10.2021
Slovenia's crypto tax bill proposes a 10% tax on fiat-crypto conversions and payments made with cryptocurrencies
LBank: Focusing on Real Estate and Finance, SimbCoin Swap Is Making an Impact on the African Market
27.10.2021
PRESS RELEASE. Blockchain that provides an environment of security, transparency and traceability is an innovative technology that applies in various kinds of life activities. For Africa, it is an opportunity for evolving and making changes. The SimbCity – SimbCoin Swap project, a solution...
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...
BlockBank Just Launched Its DeFi Application, Where Users Can Interact With an AI-Powered “Robo Advisor”
26.10.2021
PRESS RELEASE. BlockBank, the platform disrupting mobile banking by blending it with decentralized finance (DeFi) and Artificial Intelligence (AI) technology, is officially launching its all-encompassing financial application in Q4 of 2021. On a mission to grow worldwide accessibility to DeFi...
Antimatter Finance Integrates with Chainlink
26.10.2021
Antimatter Finance finally announced joining hands with Chainlink Keepers to provide Antimatter users with the opportunity to issue limit orders for the financial NFT assets on the platform, according to Chainlink forecast reports. The decentralized platform of Chainlink Keepers offers...
Mastercard to Enable Merchants on Its Network to Offer Crypto Products and Services
26.10.2021
Payments giant Mastercard has partnered with a cryptocurrency exchange to allow its partners and merchants in the U.S. to offer crypto solutions, including the buying, selling, and holding of cryptocurrencies. “We want to offer all of our partners the ability to more easily add crypto...
Faze Clan Going Public In Deal That Is Somehow Worth $1 Billion
26.10.2021
Fresh off a big crypto scam involving a number of its members only four months ago, Faze Clan announced today that the group is about to become a publicly traded company, meaning fans will soon be able to buy shares. Their initial valuation? Oh, $1 billion.Read more
‘An Act of War Against the Middle-Class’ — Americans Criticize Janet Yellen’s Idea to Tax ‘Unrealized Capital Gains’
25.10.2021
The 78th United States secretary of the treasury Janet Yellen told CNN’s “State of the Union” on Sunday that U.S. lawmakers are considering taxing unrealized capital gains. According to Yellen, the funds collected would help finance things related to climate and social change....
Label Foundation Raises $1 Million to Build Blockchain-Based Platform for the MOOC Industry
25.10.2021
PRESS RELEASE. The next-generation NFT Infrastructure – Label Foundation has announced the successful completion of its private sale round. Supported by many leading VCs and famous Grammy-winning artists, the NFT platform raised $1.0 million during the private sale that generated major...
Feds Say Man Spent Covid Loan On $57,000 Pokémon Card
25.10.2021
Vinath Oudomsine, from Dublin, Georgia, has been accused by federal prosecutors of fraudulently applying for a an Economic Injury Disaster Loan (EIDL). The man claimed to be running a business, but reportedly spent most of the money on a rare Pokémon card instead.Read more
Fear not, investor: Finding stability amid crypto market volatility
24.10.2021
Volatility in the crypto markets is here to stay. Thus, understanding the utility, necessity and long-term viability of projects is crucial
Silta Finance – Competitive Interest Rates and Fast Due Diligence Draw Project Finance Company Towards Crypto Loans
24.10.2021
PRESS RELEASE. Silta Finance, a new DeFi lending solution, challenges traditional banking sector’s predominance in project finance by announcing a partnership with the Singapore headquartered development company WEnergy Global. WEnergy Global has agreed to explore cryptocurrency lending...
Even with Ethereum 2.0 underway, L2 scaling is still key to DeFi’s future
23.10.2021
By incorporating scaling solutions, such as rollups and sidechains, Ethereum has the potential to implement the true vision of DeFi
Report: Leading South African Bank Sends Account Termination Notices to Crypto Arbitrage Traders
23.10.2021
One of South Africa’s biggest banks, Standard Bank, has reportedly sent account termination notices to clients that offer automated cryptocurrency arbitrage services. Bank’s Criteria Questioned This move, according to a Mybroadband report, has sent shockwaves through...
Nintendo Delays Advance Wars Switch Remakes Until 2022
22.10.2021
The hottest Nintendo Switch game of the season is the latest to get hit with a delay. Advance Wars 1+2: Re-Boot Camp won’t be out until spring 2022, Nintendo revealed this morning, completely upending my holiday plans in the process.Read more
FTX Raises $420 Million in Series B-1 — Crypto Exchange Commands $25 Billion Valuation
22.10.2021
The digital currency exchange FTX Trading Limited announced the firm has raised more than $420 million in a Series B-1 fundraise. The capital raise follows the crypto exchange’s financing round at the end of July when FTX raised $900 million. After the raise was announced on October 21,...
$2.2 Trillion Asset Manager Pimco Looking to Trade Cryptocurrencies, CIO Says
22.10.2021
Pimco, an asset manager with $2.2 trillion under management, is looking to start trading cryptocurrencies. “We’re trading from a relative value perspective,” the firm’s chief investment officer said. Pimco’s clients include central banks, sovereign wealth funds...