Uniswap Foundation targets $62M in additional funding
The Foundation plans to issue $15 million per year in community grants to fund DeFi projects.
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UAE Leads MENA Region in DeFi Adoption: Chainalysis Report
MENA (Middle East and North Africa) region has been increasingly adopting cryptocurrency for various reasons. In countries with unstable currencies or high inflation rates, cryptocurrency serves as a means to…
Mixin Network Faces $200 Million Loss in Attack, XIN Token Plummets 10%
In the latest cyber attack to hit the DeFi space, the Mixin Network’s cloud service provider database was recently compromised. The exploit has resulted in an estimated loss of assets…
Federal Reserve Releases Working Paper Exploring Asset Tokenization and RWA
The Federal Reserve has released a comprehensive working paper delving into asset tokenization and Risk-Weighted Assets (RWA). As the financial landscape continues to evolve, these innovative financial instruments garner significant…
DeFi Protocol Linear Finance Suffers Liquidity Drain in LUSD Token Attack
Decentralized finance (DeFi) protocol Linear Finance has fallen victim to an attack that resulted in the complete depletion of liquidity in its Linear USD (LUSD) token. Following the incident, Linear…
SEC Announces Further Enforcement Actions Against Crypto Industry
David Hirsch, the head of the SEC’s Crypto Assets And Cyber Unit, recently promised further enforcement actions against crypto platforms deemed to be non-compliant with the agency’s demands. The announcement…
Discord crypto trading bot shuts down after ‘critical exploit’
The bot was valued at $16.5 million during its token debut last month.
Blockchain Capital Raises Massive $580 Million in New Funding Frenzy
Blockchain Capital has announced the successful closure of two new funds, raising a total of $580 million. The latest funding round comprises the firm’s sixth early-stage and first opportunity funds,…
Decentralized finance needs alternatives to blockchain
Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems.
Europol Hails Blockchain’s Unbeatable Independence and Security, Slams DeFi for Soaring Criminal Activity
In what’s described as a rapidly evolving landscape of financial and economic crimes threatening the internal security of the European Union, Europol has applauded the independence and protection offered by…
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