DeFi

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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FBI: Cyberthieves Increasingly Target DeFi Platforms
FBI: Cyberthieves Increasingly Target DeFi Platforms
August 30, 2022  |  Cryptocurrency

Cyberthieves are increasingly targeting decentralized finance (DeFi) platforms, the FBI said, urging investors to conduct thorough research and platforms to amplify monitoring and code testing....

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Does Web3 Bring Hype or Value to the Internet?
Does Web3 Bring Hype or Value to the Internet?
August 26, 2022  |  Cryptocurrency

Web3 is the NEXT GENERATION OF THE INTERNET, it is going to CHANGE EVERYTHING, and any company not racing to build a Web3 presence is...

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DeFi Platforms Tighten AML to Court Institutional Investors
DeFi Platforms Tighten AML to Court Institutional Investors
August 18, 2022  |  Cryptocurrency

Despite its potentially huge returns, institutional investors have steered clear of decentralized finance. In part, this is because DeFi is a risky business, but another...

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PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency
PYMNTS Cryptocurrency Glossary: Central Bank Digital Currency
August 15, 2022  |  Cryptocurrency

Cryptocurrency is a confusing business with a language all its own, in part because it is a genuinely new way of doing business and in...

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