decentralized finance

‘Decentralization Theater’ and the Myth of DeFi
‘Decentralization Theater’ and the Myth of DeFi
September 08, 2022  |  Cryptocurrency

When the well-known crypto industry lawyer Preston Byrne found his Twitter profile had been used to create one of some 20,000 profiles prepopulating a new...

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FTX Helps Raise Crypto Startup Mysten Labs Valuation to $2B
FTX Helps Raise Crypto Startup Mysten Labs Valuation to $2B
September 08, 2022  |  Cryptocurrency

Cryptocurrency startup Mysten Labs has raised $300 million, bringing the valuation of the firm to more than $2 billion. As the Wall Street Journal reported...

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Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
August 12, 2022  |  Cryptocurrency

The arrest of a Tornado Cash developer in the Netherlands just days after U.S. authorities blacklisted the crypto mixing service for its alleged use by...

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PYMNTS Cryptocurrency Glossary: Decentralized Finance or DeFi
PYMNTS Cryptocurrency Glossary: Decentralized Finance or DeFi
August 10, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and also...

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What’s a Crypto Credit Score?
What’s a Crypto Credit Score?
July 12, 2022  |  Cryptocurrency

The problem with traditional crypto lending is that you can’t get a loan without more than enough liquid capital to cover it. By and large,...

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Since When Is Dropping an NFT Care Bears Collection a Web3 ‘Strategy’?
Since When Is Dropping an NFT Care Bears Collection a Web3 ‘Strategy’?
July 08, 2022  |  NFTs

The Care Bears have entered Web3. So has Macy’s Fourth of July Fireworks extravaganza. The Care Bears Forever line of non-fungible tokens (NFTs) “will build...

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Teller Brings BNPL to NFT Market with ‘Ape Now, Pay Later’ Loans
Teller Brings BNPL to NFT Market with ‘Ape Now, Pay Later’ Loans
July 08, 2022  |  NFTs

Decentralized finance (DeFi) lender Teller has launched a buy now, pay later (BNPL) feature to help buyers spread their non-fungible token (NFT) payments out into...

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Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
Latest Crypto Turmoil Could Signal the End of Sky-High DeFi Returns
June 13, 2022  |  Cryptocurrency

With most major cryptocurrencies down 15% to 20% over the past 24 hours and the idea that bitcoin is a hedge against inflation on par...

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With FinTech Funding Tanking, Crypto Remains VC Firms’ Darling
With FinTech Funding Tanking, Crypto Remains VC Firms’ Darling
June 10, 2022  |  Cryptocurrency

In late May, venture capital (VC) giant Andresseen Horowitz raised $4.5 billion for a new fund to invest in crypto startups, almost a third more...

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