decentralized finance Archives

Solana loses $320M in ETH from ‘Wormhole’ DeFi token bridge

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4 February, 2022

Solana loses $320M in ETH from ‘Wormhole’ DeFi token bridge

After dealing with several humiliating blockchain failures in the past year, Solana just lost $320 million worth of Ethereum from...

Editorial

Guest Contributor

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30 January, 2022

A Case for DEX on Bitcoin

The premise of DEX is to facilitate peer-to-peer trading without the support of a centralized intermediary in its ordinary sense....

OKEx rebrands to ‘OKX’ as it evolves to suit decentralized services

Business

Jon Southurst

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26 January, 2022

OKEx rebrands to ‘OKX’ as it evolves to suit decentralized services

The new name reflects OKEx’s dedication to "the new frontier of this wave of technological revolution"—including a suite of DeFi...

The DeFi report ‘Why decentralised finance (DeFi) matters and the policy implications’

Editorial

Guest Contributor

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25 January, 2022

The DeFi report ‘Why decentralised finance (DeFi) matters and the policy implications’

Those that collateralize their assets in DeFi are doing it because “the number go up,” and those who are borrowing...

8 arrested in China over $8M DeFi rug pull

Business

Steve Kaaru

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21 January, 2022

8 arrested in China over $8M DeFi rug pull

Police from Chizhou arrested the eight people from different provinces in China, seizing about $950,000 in digital assets, cars, villas,...

6 influential digital currency trends that emerged in 2021

Business

Patrick Thompson

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27 December, 2021

6 influential digital currency trends that emerged in 2021

The blockchain and digital asset industries are fast-moving, we have seen many influential trends in the blockchain and digital currency...

‘Regulate stablecoins or we will,’ FSOC tells US Congress

Business

Steve Kaaru

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22 December, 2021

‘Regulate stablecoins or we will,’ FSOC tells US Congress

The Financial Stability Oversight Council’s 2021 report points out that digital assets and the associated distributed ledger technology present the...

Decentralization in DeFi is an illusion, BIS quarterly review concludes

Business

Steve Kaaru

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9 December, 2021

Decentralization in DeFi is an illusion, BIS quarterly review concludes

The Bank for International Settlements says decentralized finance (DeFI) could play a crucial role in the future of finance, but...

FATF updates guidance for virtual assets and virtual asset service providers

Business

Patrick Thompson

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1 November, 2021

FATF updates guidance for virtual assets and virtual asset service providers

The updated guidance paves the way for law enforcement officials and government agencies to regulate the blockchain and digital asset...

Ethereum’s Sunday scaries bring Monday morass

Business

Steven Stradbrooke

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28 September, 2021

Ethereum’s Sunday scaries bring Monday morass

Ethereum, the self-proclaimed “world computer,” has a serious case of the ‘I Don’t Like Mondays’ after a series of public...

‘Crypto is fool’s gold’: Why the OCC chief is right

Business

Gavin Lucas

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27 September, 2021

‘Crypto is fool’s gold’: Why the OCC chief is right

Anyone who digs and conducts independent research finds that it’s not at all clear why there are thousands of digital...

BIS wants central banks to move faster with CBDC amid looming stablecoin pressure

Business

Steve Kaaru

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17 September, 2021

BIS wants central banks to move faster with CBDC amid looming stablecoin pressure

The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as...

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