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Source: Adobe/Yury UNI took a dive following the reports that the US Securities and Exchange Commission (SEC) is investigating the developer of the major decentralized exchange Uniswap. The SEC is looking into Uniswap Labs as part of their […]

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Gary Gensler. Source: a video screenshot, Youtube/Bloomberg Markets and Finance Contrary to a popular belief, decentralized finance (DeFi) is “not really a new concept,” and also a misnomer, as DeFi platforms have “a fair amount of centralization” that […]

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Source: AdobeStock / Bangkok Click Studio The smart contract platform Fantom and its FMT token stood out as the big winner in the crypto market today, after a massive weekend price rally fuelled by growth in the decentralized […]

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Source: iStock/Filograph Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they’ve suffered an exploit today. “C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by […]

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Bitcoin price started a fresh increase above the USD 48,000 resistance. BTC even surpassed USD 50,000 and tested USD 50,500. It is currently (11:45 UTC) consolidating gains near USD 50,000 with a major support at USD 49,200. Similarly, […]

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Source: Adobe Stock / Grenar The biggest decentralized finance (DeFi) hack, of interoperability protocol Poly Network, with roughly USD 600m stolen is not over just yet, as the attacker has not yet provided the final key of the […]

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Source: iStock/noLimit46 As nearly all stolen funds from the massive hack of the decentralized finance (DeFi) interoperability protocol Poly Network have been returned, the hacker continued their Q&A session, consciously providing some clues about their identity – as […]

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Source: Adobe/4zevar The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network has returned more than half (in USD terms) of the stolen funds so far. Per the latest data provided by Poly Network, as of August […]
Bitcoin price remained well bid above the USD 45,000 support level. As a result, BTC started a fresh increase above the USD 46,000 level, before correcting lower again. It is currently (12:13 UTC) trading at almost USD 45,900. […]
Source: AdobeStock / corund The Beijing Financial Court has outlined its intention to protect the property rights of “digital currency” holders – but only if such “currencies” are “legally” recognized by the Chinese state. Speaking at a press […]