DeFi

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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Powered by DeFi, NFTs and Web 3.0, Decentralized Social Media Seeks to Unseat Tech Giants
Powered by DeFi, NFTs and Web 3.0, Decentralized Social Media Seeks to Unseat Tech Giants
February 09, 2022  |  Blockchain / Distributed Ledger

Decentralized finance lending platform Aave has launched a new social media protocol it hopes will take the likes of Twitter, Facebook, Instagram and TikTok into...

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