DeFi Archives

Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal

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2 September, 2022

Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal

The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would...

Singapore queries companies as digital asset regulations look to take new turn

Business

Wahid Pessarlay

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31 August, 2022

Singapore queries companies as digital asset regulations look to take new turn

Singapore is taking active steps to understand the digital assets market by gaining insights from industry entities as it seeks...

Solana’s DeFi ecosystem was totally fake—This is why identity matters

Business

Gavin Lucas

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10 August, 2022

Solana’s DeFi ecosystem was totally fake—This is why identity matters

Coindesk recently published a report on how two brothers used multiple pseudonymous accounts to fake a DeFi ecosystem on Solana—showing...

More investments in digital assets expected as German legislation encourages interest from DACH investment funds

Business

Meike Krautscheid

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7 January, 2022

More investments in digital assets expected as German legislation encourages interest from DACH investment funds

Scientists from MINDSMITH, OnGrid System, DEKIS, and Tiger.Trade carried out a study regarding investment funds, digital assets, and DeFi solutions,...

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K

Business

Steve Kaaru

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5 January, 2022

Estonia’s new AML laws target DeFi and ICOs, with fines leading up to $450K

Estonia has been working on new AML laws that the government approved two weeks ago, and they are designed to...

The biggest digital currency hacks in 2021

Tech

Gavin Lucas

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31 December, 2021

The biggest digital currency hacks in 2021

"Bring down the banks" has become a mantra in some corners of the industry, but what few talk about is...

Canadian teen faces arrest warrant over DeFi hack in ‘code is law’ case

Business

Steve Kaaru

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28 December, 2021

Canadian teen faces arrest warrant over DeFi hack in ‘code is law’ case

Andy Medjedovic exploited DeFi platform Indexed Finance and stole $16M, and after experts identified him, he refused to surrender arguing...

C.R.E.A.M Finance exploited for over $100 million

Business

Patrick Thompson

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27 October, 2021

C.R.E.A.M Finance exploited for over $100 million

C.R.E.A.M Finance, a DeFi lending & borrowing platform, was exploited for $115 million, making it one of the largest exploits...

SEC Chairman Gary Gensler speaks on digital currency

Business

Patrick Thompson

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21 September, 2021

SEC Chairman Gary Gensler speaks on digital currency

The U.S. securities regulator plans to take enforcement action on the blockchain and digital currency industry, according to Chair Gary...

xToken DeFi protocol loses $7M in yet another exploit

Business

Steve Kaaru

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30 August, 2021

xToken DeFi protocol loses $7M in yet another exploit

xToken had been exploited in May and the attackers made off with $25 million—this time, it’s $7 million in an...

Popsicle Finance exploit shows DeFi innovation is stagnant

Business

Patrick Thompson

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5 August, 2021

Popsicle Finance exploit shows DeFi innovation is stagnant

DeFi platform 'Popsicle Finance' was exploited for $25 million, revealing that there has not been much innovation in DeFi smart...

Mark Cuban endorsed token ‘TITAN’ plummets 100%

Business

Patrick Thompson

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17 June, 2021

Mark Cuban endorsed token ‘TITAN’ plummets 100%

Iron Titanium Token (TITAN) a DeFi token created by Iron Finance, experienced a bank run that began on June 16th

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