DeFi

Morgan Stanley Doesn’t Think DeFi Growth Has Legs

Morgan Stanley Doesn’t Think DeFi Growth Has Legs
Morgan Stanley Doesn’t Think DeFi Growth Has Legs
March 22, 2022  |  Technology

A Morgan Stanley report has said the growth in decentralized finance (DeFi) could be set to slow down soon, due to regulation and overcollateralization concerns,...

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Hacker Manipulates a Smart Contract on Li Finance; Takes $600K
Hacker Manipulates a Smart Contract on Li Finance; Takes $600K
March 21, 2022  |  Security & Fraud

The Li Finance swap aggregator experienced a smart contract attack which led to around $600,000 lost from 29 users’ wallets, a report said. Get the...

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Ripple Commits 1B XRP To Advance XRP Ledger Development
Ripple Commits 1B XRP To Advance XRP Ledger Development
March 17, 2022  |  Blockchain

Ripple will be committing 1 billion XRP to help with development and new use cases on the XRP ledger, according to a press release Thursday...

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Software Firm ConsenSys Closes $450M Series D to Further Web3 Developments
Software Firm ConsenSys Closes $450M Series D to Further Web3 Developments
March 15, 2022  |  Investments

Software company ConsenSys, which creates foundational software for Web3, has closed a $450 million Series D funding round, the company announced Tuesday (March 15). Get...

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DeFi’s Achilles’ Heel on Display: Vote Could Take $100M in Crypto from an Investor
DeFi’s Achilles’ Heel on Display: Vote Could Take $100M in Crypto from an Investor
March 14, 2022  |  Cryptocurrency

On March 15, the token-holders of a decentralized blockchain are going to reveal the big Achilles’ heel at the heart of DeFi. Get the Full...

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PYMNTS Blockchain Series: What Is Ethereum? The Blockchain That Moved Crypto Beyond Currency
PYMNTS Blockchain Series: What Is Ethereum? The Blockchain That Moved Crypto Beyond Currency
March 09, 2022  |  Cryptocurrency

Over the course of this series of articles, we are going to look at the top blockchains in cryptocurrency, with a goal of helping you...

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If DeFi Is Really Decentralized, Why Did a Top Developer Quitting Crash Dozens of Tokens?
If DeFi Is Really Decentralized, Why Did a Top Developer Quitting Crash Dozens of Tokens?
March 08, 2022  |  Blockchain

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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SEC’s New Top Cop: No Free Pass For Unregistered Crypto Lenders
SEC’s New Top Cop: No Free Pass For Unregistered Crypto Lenders
February 28, 2022  |  Cryptocurrency

The Securities and Exchange Commission isn’t about to give crypto lending firms a mulligan for what it says are securities law violations. Get the Full...

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Banks, Asset Managers, Corporates Climb Back on the Bitcoin Bandwagon
Banks, Asset Managers, Corporates Climb Back on the Bitcoin Bandwagon
February 09, 2022  |  Cryptocurrency

The idea that bitcoin is a store of value that will, like gold, ride the wave of inflation has been tested lately, especially after it...

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