DeFi

Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
August 12, 2022  |  Cryptocurrency

The arrest of a Tornado Cash developer in the Netherlands just days after U.S. authorities blacklisted the crypto mixing service for its alleged use by...

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PYMNTS Cryptocurrency Glossary: Decentralized Finance or DeFi
PYMNTS Cryptocurrency Glossary: Decentralized Finance or DeFi
August 10, 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 also...

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Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
Hack of Crypto Payments Bridge Turns into $190M DeFi Free-for-All
August 02, 2022  |  Security & Fraud

The $190 million hack of Nomad, a cross-chain bridge protocol used to make transactions between different blockchains is unusual in one regard. The theft on...

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Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
July 28, 2022  |  Investments

Cryptocurrency fund Variant is committing $450 million to invest in builders of the user-owned web: a $150 million seed fund and a $300 million opportunity...

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CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
CFTC’s Chair: Crypto and DeFi Have Outgrown Sandbox
July 26, 2022  |  Cryptocurrency

Commodity Futures Trading Commission Chairman Rostin Benham believes that “digital assets and decentralized financial technologies have outgrown their sandboxes.” This is an interesting comment, given...

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Iceland: A Key European Center for Web3 and AML Innovation Technology
Iceland: A Key European Center for Web3 and AML Innovation Technology
July 25, 2022  |  emea

For a country that has a population of less than half a million, Iceland has an impressively diverse tech scene that includes a number of...

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Crypto Lending Crisis Spreads to Asia as Thailand’s Zipmex Exchange Halts Withdrawals
Crypto Lending Crisis Spreads to Asia as Thailand’s Zipmex Exchange Halts Withdrawals
July 21, 2022  |  Cryptocurrency

The latest round of insolvencies in the crypto lending crisis has extended to Southeast Asia, where cryptocurrency exchange Zipmex froze withdrawals and Singapore-based lender Vauld...

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Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
Ape Now, Pay Later: DeFi Lender Brings BNPL to NFTs as Crypto Lending Market Crumbles
July 14, 2022  |  Cryptocurrency

The NFT market is flatlining, the DeFi lending market has seen some big bankruptcies, and bitcoin has been dipping under $20,000 regularly for a month....

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Crypto Basics Series: How Does Decentralized Crypto Lending Work?
Crypto Basics Series: How Does Decentralized Crypto Lending Work?
July 13, 2022  |  Cryptocurrency

“Bitcoin,” “blockchain” and “cryptocurrency” are words that most people have at least heard of since the industry exploded into the mainstream public consciousness over the...

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