DeFi

Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers

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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Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
August 02, 2022  |  Security & Fraud

The $190 million hack of Nomad, a cross-chain bridge protocol used to make transactions between different blockchains is unusual in one regard. Get the Full...

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Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
July 28, 2022  |  Investments

Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity...

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CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
July 26, 2022  |  Cryptocurrency

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Iceland: A Key European Center for Web3 and AML Innovation Technology
Iceland: A Key European Center for Web3 and AML Innovation Technology
July 25, 2022  |  emea

For a country that has a population of less than half a million, Iceland has an impressively diverse tech scene that includes a number of...

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Crypto Lending Crisis Spreads to Asia as Thailand’s Zipmex Exchange Halts Withdrawals
Crypto Lending Crisis Spreads to Asia as Thailand’s Zipmex Exchange Halts Withdrawals
July 21, 2022  |  Cryptocurrency

The latest round of insolvencies in the crypto lending crisis has extended to Southeast Asia, where cryptocurrency exchange Zipmex froze withdrawals and Singapore-based lender Vauld...

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Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
July 14, 2022  |  Cryptocurrency

The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month....

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Crypto Basics Series: How Does Decentralized Crypto Lending Work?
Crypto Basics Series: How Does Decentralized Crypto Lending Work?
July 13, 2022  |  Cryptocurrency

“Bitcoin,” “blockchain” and “cryptocurrency” are words that most people have at least heard of since the industry exploded into the mainstream public consciousness over the...

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