Singapore High Court greenlights DeFiance Capital suit against 3AC

At issue is whether funds held by 3AC were in trust for DeFiance Capital or owned by the bankrupt crypto hedge fund.

Singapore High Court greenlights DeFiance Capital suit against 3AC

The High Court of Singapore has rejected an application by bankrupt crypto hedge fund Three Arrows Capital (3AC) to dismiss the suit brought against it by Cheong Jun Yoong, otherwise known as Ar...

7 months ago

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

Polygon Labs, in collaboration with Arktouros law firm, has put forward a new regulatory framework that proposes designating certain decentralized finance (defi) protocols as critical infrastructure crucial to the national and economic security of the US.

Polygon Labs proposes defi protocols as critical infrastructure in new regulatory framework

The suggestion was published on Jan. 29 by Rebecca Rettig and Katja Gilman of Polygon Labs, alongside Arktouros co-founder Michael Mosier. Their 45-page document focuses on combating i...

7 months ago

Solana Mobile to Sell Second Crypto Smartphone: Source

The successor to Saga will have new hardware and a cheaper price point, according to a person familiar with the plans.

Solana Mobile to Sell Second Crypto Smartphone: Source

Solana Mobile plans to launch a second smartphone as it looks to ride the unlikely success of its first crypto-ready smartphone, a person familiar with the matter said. The upcoming ph...

8 months ago

Celsius transfers $125M of ETH to exchanges as FTX and Alameda dump

The embattled crypto firms have begun transferring large volumes of ETH to centralized exchanges as they attempt to pay back creditors.

Celsius transfers $125M of ETH to exchanges as FTX and Alameda dump

Embattled crypto lender Celsius has shifted more than $125 million worth of its Ether ETH $2,521  to crypto exchanges over the past week amid plans to begin repaying cre...

8 months ago

Quantstamp Unveils DeFi Protection Program: Safeguarding Against Losses

Quantstamp, a global Web3 security leader, is proud to introduce DeFi Protection, an innovative security solution designed to reimburse users in the unfortunate event of DeFi losses.

Quantstamp Unveils DeFi Protection Program: Safeguarding Against Losses

Decentralized finance (DeFi) hacks have been a persistent issue and a significant obstacle to mainstream adoption. As reported by Forbes, hackers have exploited DeFi protocols nearly 500 times, ...

10 months ago

YouTube Crypto Channels Can Act as Key Information Source for Retail Investors: Delphi Digital

YouTube crypto channels and other social media platforms play a crucial role in disseminating information and shaping retail investor sentiment.

YouTube Crypto Channels Can Act as Key Information Source for Retail Investors: Delphi Digital

According to a recent analysis conducted by crypto research firm Delphi Digital, YouTube crypto channels are a key source of information for retail investors.  The data ...

10 months ago

Decentralized finance needs alternatives to blockchain

Critics often overlook the inconvenient fact that “decentralized” blockchains in fact depend on centralized points of failure that have the potential to corrupt entire ecosystems.

Decentralized finance needs alternatives to blockchain

One of the laziest and most frustrating criticisms of digital currencies — particularly Bitcoin BTC $26,929  — is when pundits liken it to a pyramid scheme d...

1 year ago

DeFi economic activity drops 15% in August —VanEck

According to an analysis from investment manager firm VanEck, exchange volume across DeFi protocols declined to $52.8 billion in August, 15.5% lower than in July.

DeFi economic activity drops 15% in August —VanEck

The decentralized finance (DeFi) ecosystem suffered more setbacks in August as on-chain economic activity dwindled. According to an analysis from investment manager firm VanEck, exchan...

1 year ago

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi

FinoaConnect provides the firm’s 300-plus institutional clients with wallet integration for a curated list of permissioned DeFi and Web3 platforms.

BaFin-Licensed Crypto Custodian Finoa Will Offer Regulated DeFi

Berlin-based cryptocurrency custody firm Finoa is extending its range of brokerage and crypto staking services to include easy access to a regulatory-compliant form of decentralized fi...

1 year ago

Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion

Binance Labs

Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion

Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking p...

1 year ago

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