“On the one hand, there is smart contract risk, there is protocol risk,” said Alex Thorn, head of firmwide research at Galaxy Digital, a crypto investment bank. “Also, lending in DeFi exposes you significantly to […]
Second, the task for policymakers can be simplified. With a technology as broad as Web3 and crypto, asking a regulator for clarity on Web3 and crypto is understandably daunting. The internet is a broad technology, […]
Unsurprisingly, Renier doesn’t want the banking sector to get forgotten, arguing that it would likely be the intermediary between central banks and ordinary shoppers. For others, Web 3 is a chance to transform the financial […]
Gaming investment company Animoca Brands has acquired more than 80% of Tel Aviv-based TinyTap in a deal worth $38.9 million. Source link
It is unclear how a euro-backed stablecoin issued under U.S. standards might be perceived by EU leaders, and how Circle is anticipating the EU’s pending legislation. A representative for Circle told CoinDesk the company will […]
The Las Vegas-based, sustainable bitcoin miner said in a statement that the machines will add over 252 petahashes per second (PH/s) of hashrate to CleanSpark’s bitcoin mining capacity, once fully deployed. The bitcoin mining specific […]
Blockchain data apparently shows the exploiters flash borrowed over 27,000 wrapped bitcoin from lending protocol Aave to conduct the attack. The funds were routed through swap service Curve for various stablecoins before being used to […]
Crypto market capitalization increased some 4.5% in the past 24 hours after sliding under $1 trillion earlier this week. Source link
Founder Justin Sun has injected over $2 billion this week to support the Tron market. Source link
Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the […]
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