APY.Finance is the latest DeFi protocol to explode in popularity, locking more than $67 million of stablecoins in the first hour of launching its mining program. The DeFi sector is still going strong with the newly launched yield farming platform APY.Finance attracting more than $67 million in locked funds within one hour of launching liquidity […]
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Wrapped Bitcoin is now even safer with Chainlink oracles checking custody wallets every ten minutes. Wrapped Bitcoin custodian BitGo has adopted Chainlink’s Proof of Reserve mechanism in order to boost the transparency and auditability of the tokenized asset for DeFi protocols. The functionality, which is currently live on testnet, enables Ethereum-based dApps to completely automate […]
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Charges against BitMEX for weak AML and KYC policies could be bad news for the world of decentralized finance In the aftermath of criminal charges against BitMEX, the crypto community is debating whether the decentralized finance sector is also set to face the wrath of regulators. On Oct 1, the U.S. Commodity Futures Trading Commission […]
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Miner Extractable Value is no longer just a theoretical concept. Some Ether (ETH) miners appear to be re-engineering blocks to take advantage of DeFi opportunities in an instance of what is termed “miner extractable value,” or MEV. Miner extractable value was long anticipated by researchers as a potential exploit pattern for DeFi that leverages the […]
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A blockchain-centered company has gone public on the stock market. Following a $20 million capital raise and reverse merger, digital finance company Diginex’s stock has listed on the Nasdaq exchange under the ticker EQOS. Diginex is “the first Nasdaq-listed company that covers the full virtual currency ecosystem,” Diginex CEO Richard Byworth told Cointelegraph in an […]
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Twitter CEO Jack Dorsey has called out Coinbase for seeking to suppress political activism and suggesting employees who think differently should leave. Twitter CEO Jack Dorsey has taken major U.S. crypto exchange Coinbase to task over its open letter to employees published on Sep 28. The letter, written by Coinbase CEO Brian Armstrong, explained why […]
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Do you want to learn everything about DeFi, inside and out? Can you handle it? With its year-to-date growth of more than 15x in total value locked, and more than $11 billion committed to the protocols, decentralized finance (DeFi) has become a mainstay in the crypto industry, and a whole new industry in itself. Meanwhile, […]
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Singapore continues to apply blockchain in its public administration. In a pandemic era of unprecedented health data collection and surveillance, Singapore is turning to blockchain technology for the infrastructure that can make it work. Government-owned investment firm SGInnovate and Singaporean startup Accredify have jointly developed a new blockchain-powered digital health passport, according to a report […]
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Physical crypto events come back, but with a set of strict COVID-19 measures. As the world is battling to recover from the damage caused by the coronavirus pandemic, a major cryptocurrency event in Switzerland prepares to take return to a physical format. Crypto Finance Conference (CfC), an international crypto event held in St. Moritz, will […]
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The DeFi hype faded in September, dragging prices with it. Over the last few months, DeFi protocols including Yearn.Finance, Compound, Synthetix, and Chainlink have seen their token prices go through the roof, sparking talk that the long-awaited bull market might be here. The DeFi boom is built on Ethereum and propelled ETH’s price rise from […]
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