DeFi

Bankman-Fried’s Stake in Quant Trading Firm Raises Conflict Questions
Bankman-Fried’s Stake in Quant Trading Firm Raises Conflict Questions
September 19, 2022  |  Cryptocurrency

Back in 2020, if you weren’t in crypto, you’d never heard of Sam Bankman-Fried, the billionaire owner of the FTX exchange and especially the small...

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Who Would Invest in DeFi When T-Bill Yields Are Higher?
Who Would Invest in DeFi When T-Bill Yields Are Higher?
September 13, 2022  |  Cryptocurrency

It’s hard to come up with an investment riskier than crypto lending, which offered ridiculous returns of up to and even over 20% APY to...

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What’s a Wrapped Token: Cross-Chain Cryptos Open Blockchain Commerce
What’s a Wrapped Token: Cross-Chain Cryptos Open Blockchain Commerce
September 08, 2022  |  Cryptocurrency

If you want to do business or invest in crypto, sending funds from one blockchain to another is one of the biggest hassles. Cross-chain payments...

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‘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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Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
Ethereum’s Moment in Sun Overshadowed as Markets Drive Crypto Down
September 07, 2022  |  Cryptocurrency

For crypto insiders, Tuesday, Sept. 6 was momentous. So why did the market fall off a cliff last night, with bitcoin down almost 6% and...

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Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes Stablecoin Cross-Border Platforms
Today in Crypto: DeFi Platform Kyber Fixes Code That Led to $265,000 Theft; Russia Eyes...
September 06, 2022  |  Cryptocurrency

Multichain decentralized finance (DeFi) platform Kyber Network has said it’s removed an attack vector used in an exploit that saw $265,000 stolen on Sept. 1,...

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Lawsuits Show Crypto KYC Can Help Recover Losses
Lawsuits Show Crypto KYC Can Help Recover Losses
September 02, 2022  |  Cryptocurrency

One of the biggest issues virtually all crypto regulations seek to fix is the need to identify the parties in every transaction, which is difficult...

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Aave DeFi Platform’s Creativity Is Its Strength
Aave DeFi Platform’s Creativity Is Its Strength
August 31, 2022  |  Blockchain / Distributed Ledger

Welcome to PYMNTS second series on decentralized finance, also known as DeFi. In the first series, we looked at what DeFi is, how it works,...

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