Tag Archives: defi

Storing your digital assets is an essential part of your crypto investment journey, and non-custodial wallets are becoming more prevalent as the field of decentralized finance continues to boom. Non-custodial wallets are digital wallets that enable users to take full ownership of their assets. The name (non-custodial) comes from the fact that the wallet itself doesn’t have custody of your crypto but rather serves as an interface that enables you to easily conveniently access...

Rug pulls have grown to become a menace in the space of decentralized finance and have resulted in hundreds of millions stolen from users. Being amongst the most common types of scams, some US politicians have taken aim and want to outlaw them. State Senator Kevin Thomas and Assembly member Clyde Vanel have introduced Senate Bill S8839. The bill calls for penalizing, defining, and criminalizing frauds that are specifically targeted at developers and projects designed to dupe...

Nessa Risley, an Uniswap user from North Carolina, invested about $10,400 on low-cap digital tokens such as EthereumMax, Matrix Samurai, and Rocket Bunny between May and July of last year. The trader has since experienced “substantial losses” and thus sought justice through legal action. On April 4, Risley launched the legal proceedings, alleging that Uniswap has failed to conduct identity checks and impose securities restrictions on “fraudsters” who use the platform to list...

Sygnum granted capital markets services (CMS) licence for asset management in Singapore Sygnum gibt heute die Lancierung seiner strukturierten Anlagelösung Sygnum Yield Core AMC bekannt, die auf dezentraler Finanzierung (DeFi) basiert. Sie wurde entwickelt, um attraktive laufende Renditen aus ertragsgenerierenden Strategien im wachsenden USD 250 Milliarden DeFi-Markt zu erzielen. Renditestrategien für digitale Vermögenswerte (z.B. Staking, Lending,...

Uniswap Labs – the organization behind the popular DeFi exchange – announced the launch of Uniswap Labs Ventures. As such, it intends to “bring millions of people into the emerging Web3 economy” and invest in additional crypto enterprises. Enter Uniswap Labs Ventures In a recent blog post, the company said it is “proud of the foundational products and infrastructure” it has built so far. However, it has ambitions to further interact with the emerging Web3 universe, which is...

Die Welt der Kryptowerte erlebt gerade ihre kambrische Artenexplosion. In einem Big Bang entstehen aus den wenigen bekannten Arten urplötzlich Tausende oder Zehntausende neue. Doch während sich die Artenentwicklung im erdgeschichtlichen Kambrium über zehn Millionen Jahre erstreckte, geschieht es im Kryptoversum binnen Monaten. Eine Einordnung von Hartmut Giesen, Krypto-Experte der Hamburger Sutor Bank: Am 3. Januar 2009 betrat der Bitcoin die Bühne. Dieser erste blieb eine Weile der einzige...

OpenZeppelin, a security audit company for Coinbase, identified $15B rugpull vulnerabilities in Convex Finance, whose anonymous developers later resolved the risk. The surprising discovery occurred during a security review of the Convex Finance protocol. A Bug Only Exploitable From the Inside The Security Research Team from OpenZeppelin found in late 2021 that a significant bug in the protocol could have led to putting the $15B worth of locked assets at risk. The...

Jamie Dimon – CEO of JP Morgan Chase – showed strong support for decentralized finance and blockchain technology in a recent letter to shareholders. His new take appears to be a 180 from his previous takes on crypto, and more in line with those of his company. Blockchain and Defi are ‘Real’ The letter, issued yesterday, discussed a range of topics such as the geopolitical climate, macroeconomic conditions, the changing competitive landscape, and company investments. When...

DeFi, NFT und Metaverse – an Ethereums Blockchain führt kein Weg dran vorbei. Zwar wachsen die Nutzerzahlen des zweitwichtigsten Krypto-Netzwerks, doch ist Ethereum im Vergleich zur Konkurrenz langsamer und teurer. Mit dem gigantischen Update „ETH 2.0“ könnte sich das bald ändern. Als Ethereum 2013 als dezentrale und programmierbare Software-Plattform an den Start ging, ahnten nur wenige, dass das Netzwerk in nur wenigen Jahren eine der gefragtesten Blockchains im gesamten Krypto-Universum...

In a major push to web3 browsing experience, Opera will now support eight leading blockchain and layer-2 networks, as well as some decentralized apps (dapps). These include Solana, Polygon, StarkEx, Ronin, Celo, Nervos, and IXO.  Opera’s Web3 Push Opera users can access these networks and their various features, including Defi, through Opera’s latest web3 browsing and wallet solutions.  “From now on, users get access to the vast ecosystem of Polygon or Solana dApps or the...