DeFi

Visa’s ‘Ambitious Crypto Roadmap’ Includes Stablecoin Payments
Visa’s ‘Ambitious Crypto Roadmap’ Includes Stablecoin Payments
April 26, 2023  |  Cryptocurrency

Visa has begun hiring for what one executive calls the company’s “ambitious crypto product roadmap.” Cuy Sheffield, who oversees the payments giant’s cryptocurrency operations, said...

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Pelago Co-founder Sees DeFi Crypto Shining in Today’s Complicated World
Pelago Co-founder Sees DeFi Crypto Shining in Today’s Complicated World
April 13, 2023  |  Cryptocurrency

The black swan collapse of FTX in November 2022 severely rattled global confidence in crypto. It also increased the scrutiny of U.S. regulators, though no...

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Treasury Department Says DeFi Services Must Improve AML/CFT Controls
Treasury Department Says DeFi Services Must Improve AML/CFT Controls
April 06, 2023  |  Security & Fraud

Vulnerabilities in decentralized finance (DeFi) are enabling criminals to transfer and launder illicit proceeds. Both providers of DeFi services and the United States government can...

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Chaos Labs Raises $20M for DeFi Protocols’ Risk Suite
Chaos Labs Raises $20M for DeFi Protocols’ Risk Suite
February 21, 2023  |  Investments

Chaos Labs has raised $20 million in seed funding to expand its risk suite that helps protect decentralized finance (DeFi) protocols. The firm was founded...

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In 2023, Crypto Must Focus on Transparency and Security
In 2023, Crypto Must Focus on Transparency and Security
February 09, 2023  |  Opinion

The entire crypto industry should strive for the level of transparency seen in DeFi, Chainalysis Chief Product Officer Pratima Arora writes in the new PYMNTS...

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Unbanked and Mastercard Partner on Crypto Card Issuance in Europe
Unbanked and Mastercard Partner on Crypto Card Issuance in Europe
February 02, 2023  |  Cryptocurrency

Unbanked and Mastercard have partnered to accelerate decentralized finance (DeFi) card issuance in Europe. Through this partnership, the two companies will use their existing footprint...

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Crypto Hackers Stole Billions Last Year by Targeting DeFi
Crypto Hackers Stole Billions Last Year by Targeting DeFi
February 02, 2023  |  Cryptocurrency

Adding to the cryptocurrency sector’s 2022 woes, hackers stole $3.8 billion from crypto companies last year. This, as a new crypto crime report from blockchain...

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FSB to Enhance Monitoring of DeFi-Specific Vulnerability Indicators 
FSB to Enhance Monitoring of DeFi-Specific Vulnerability Indicators 
December 06, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is stepping up its monitoring of crypto-assets and decentralized finance (DeFi).  During its Monday and Tuesday (Dec. 5 and 6) meeting in...

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DeFi Could Herald End of Centralized Exchange, Binance Exec Says
DeFi Could Herald End of Centralized Exchange, Binance Exec Says
December 01, 2022  |  Cryptocurrency

Binance is reportedly working on “proof of reserves” to reassure customers after FTX’s collapse.  Also, a company executive said that with the emergence of decentralized...

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