Tag: DeFi

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Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?

November 3, 2022

Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers. The pilot will include bitcoin (BTC) and ethereum (ETH)…. Read More: Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included?  Read more »Sign…
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How Aave Helped JP Morgan Complete Its First DeFi Transaction

November 3, 2022

Legacy financial institutions are embracing crypto and decentralized finance (DeFi), and the Ethereum-based protocol Aave is proof. Today, the team behind the protocol announced that banking giant JP Morgan Chase completed its first DeFi transaction. 5/5 @jpmorgan transacting on a public blockchain using Aave smart contracts is a huge milestone for DeFi, and represents a…
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‘Great cryptocurrencies have to go through several collapses,’ says Cardano founder

November 2, 2022

According to Charles Hoskinson, projects that have survived both bull and bear markets over the years were “resilient under an adversarial load” — and many DeFi protocols weren’t. Charles Hoskinson, the founder of Cardano and one of the co-founders of Ethereum, said one of the biggest lessons crypto users could take away from the collapse…
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Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading

November 2, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Crypto News Summary: DBS Adopts DeFi Protocols for FX & Government Securities Transactions, Union Bank of Philippines to Launch BTC & ETH Custody & Trading  Read more »Sign up for…
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Solana-Based Lending App Solend Gets Hacked for $1.26 Million in ‘Oracle Attack’

November 2, 2022

The Solana-centric lending application Solend lost $1.26 million in an oracle attack, according to Solend’s official Twitter account on Wednesday. A number of affected pools were disabled, and Solend says it has given crypto exchanges the exploiter’s address. Solana Defi Application Solend Loses $1.26 Million in Oracle Exploit The crypto community has seen two significant…
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Scary stats: $3B stolen in 2022 as of ‘Hacktober,’ doubling 2021

November 1, 2022

Blockchain security firm Peckshield shared the stats on Halloween night, but also added the month saw $100 million in crypto returned. The month of October has broken all records for crypto exploits and the amount of digital loot pilfered — living up to its new moniker of “Hacktober” — according to the latest figures. On…
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Top 7 Decentralized Derivatives Trading Platforms

November 1, 2022

Decentralized derivatives are a new way for traders to trade crypto assets without directly holding them.  Read on to learn what decentralized crypto derivatives are and where you can trade them.  In the world of traditional finance, a derivative is an investment contract that derives its value from an underlying asset, enabling investors to hold…
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Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down

October 31, 2022

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Asian Banking Giant Joins Singapore’s CBDC Effort, Hong Kong to Launch Crypto ETF, Argo Blockchain May Be Forced to Shut Down  Read more »Sign up for e-EUR –…
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Reports Show Bear Market Didn’t Affect Crypto Fundamentals

October 31, 2022

Notably, the first half of the year brought the most drastic phase of crypto winter ever witnessed in the history of cryptocurrency. Coupled with the collapse of Terra and some crypto-related companies, the market was thrown into a state of crisis. However, a report from Fidelity Digital Assets implies that the crypto fundamentals remained unscathed…
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Fantom Network Launches Automated Smart Contract Audit System Watchdog to Monitor for Bugs

October 28, 2022

On October 27, the Fantom Foundation announced a collaboration with the security and analysis platform Dedaub in order to bolster Fantom’s decentralized finance (defi) ecosystem. Dedaub’s monitoring system called Watchdog will monitor smart contracts on the Fantom blockchain for exploits and buggy code. Fantom Looks to Curb Defi Exploits With Watchdog Monitoring System The Fantom…
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