Tag Archives: defi

Sygnum, die weltweit erste Bank für digitale Vermögenswerte, hat eine zusätzliche Kundennachfrage in Höhe von mehreren Milliarden Franken generiert, indem sie ihr reguliertes Kernangebot an digitalen Vermögenswerten durch traditionelle Wertpapiere ergänzte. Neues ergänzendes Angebot Sygnum gibt heute ein deutliches Wachstum bei seinen Dienstleistungen an traditionellen Wertpapieren bekannt, welches das Kernangebot an regulierten digitalen Vermögenswerten ergänzt. Das Angebot an traditionellen...

Solana Compass has recently provided insights into the latest Solana (SOL) network activity, specifically during its 512 epoch. According to the website that tracks SOL staking activity, an estimated 19.637 million SOL tokens were unstaked during this period. In the recent Epoch 512, 19.637 million SOL were unstaked, with a net unstake of 16.516 million SOL (about $372 million). Most belonged to a16z and the previous Alameda (now or ftx estate). a16z: BZpEFk…oPPBm7 unstaked...

The crypto market may have failed to post a bullish breakthrough in September, but that did not stop malicious entities from stealing funds. According to the latest stats by CertIK, approximately $332 million in various digital assets has been lost to exploits, hacks, and scams in September September Sees Record-Breaking Losses Funds pilfered by exit scams were recorded to be around $1.9 million, while flash loans accounted for almost $0.4 million. Crypto-related exploits, on...

The Bank for International Settlements (BIS) and the central banks of France, Singapore, and Switzerland just recently announced the successful completion of a new CBDC initiative called Project Mariana. This project tested cross-border trading and settlement of wholesale central bank digital currencies (wCBDCs) between financial institutions. BIS and Central Banks Collaborate on CBDC Test As per reports, the novel project leverages the concepts of Decentralized Finance...

Minswap – which is the largest decentralized exchange on Cardano – witnessed a spike across various metrics after months of low activity. According to the latest update by DappRadar, Minswap’s unique active wallets (UAWs) and transaction count increased by 89.85% and 63.05%, respectively over the past seven days. The volume was also up by a modest 16% in the last seven days. During the same period, Minswap added 11.29k UAWs, 129.59k transactions, and $592.08 million in...

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 attention for their potential to revolutionize investment strategies and reshape traditional markets. The paper explains that tokenization, similar to stablecoins, consists of five core components: a blockchain, a reference asset, a valuation...

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 Finance’s team apologized to the community and implemented various safety measures. LUSD Price Collapses to Zero On Sept. 21, Linear Finance announced it had experienced a security breach, leading to the complete drainage of all LUSD liquidity on the PancakeSwap and Ascendex...

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 was made at the SEC’s yearly Securities Enforcement Forum Central event, which took place at the Four Seasons hotel in Chicago this year and was streamed online for those who could not attend. DeFi Is Not A Workaround, Says Hirsch During the event, which hosted speakers...

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 blockchain technology. Europol has also raised concerns over the rising criminal activity within decentralized finance (DeFi). Europol Warns of Rising Criminal Activity in DeFi and NFT Space Europol, the European Union Agency for Law Enforcement Cooperation, recently...

Coinbase, one of the most popular crypto exchanges, continues its expansion journey with the official launch of its Web3 wallet designed to facilitate transactional interactions for major institutions with Web3, DeFi, and NFTs. Per Coinbase’s statement, this crypto wallet will rely on MPC tech to enable clients to store tokens from supported networks, access funds, interact with dApps and smart contracts, and tap into decentralized liquidity to trade a wide range of assets....