Tag: DeFi

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North Korean Hackers Using DeFi for Money Laundering : Report by U.S Treasury Department

The United States Department of the Treasury has just released the world's first ever illicit finance risk assessment on decentralised finance (2023 DeFi Illicit...

Boost for Web3, DeFi, NFT’s | Solana launches $100 million Fund.

A $100 million investment and grant fund for South Korean web3 firms has been launched by the Solana Ventures and Solana Foundation, according to...

Mike Novogratz Finally Breaks Silence on Terra Luna Crisis.

Mike Novogratz, the billionaire CEO of crypto investment firm Galaxy Digital, recently gave his thoughts on the current crisis in the Terra blockchain ecosystem....

Ruby Protocol Raised $7.3 million for web3, Dapps

Ruby Protocol announced that it was successful in securing a $7.3 million funding round for the Ruby protocol development. Ruby Protocol Transition- Web2 to...

Cake DeFi Announced a $100 million venture capital subsidiary.

Cake DeFi, a Singapore-based compliance Fintech that aspires to make DeFi more accessible, has announced the launch of a $100 million venture capital subsidiary. ...

Telcoin announced DeFi Powered digital assets trades with mobile application

Highlights Telcoin has enhanced its Telcoin Application with the addition of digital asset trading. "Exchange," which was released as version 3.1 today in Telcoin's...

DeFi Platforms totals $10.5 billion in fraud and theft in 2021 Alone, Whats going on?

Highlights DeFi has caused billions of dollars in fraud, security problems, and disruption. So far this year, fraud and larceny on DeFi devices have totalled...

FATF has published new rules, including certificates for DeFi

New certification standards for Defi and NFT have been given by the FATF, although the community has expressed dissatisfaction with the move. The reason...

Top 4 Best DeFi Tokens which can explode In 2021

What exactly are DeFi tokens, and how do they function? The DeFi apps are blockchain-based decentralised financial applications that adhere to well-established banking and finance...

SwitchSwap NFT DeFi Platform Launching soon, Powered by Crust Network

SwitchSwap is a totally decentralised platform that enables Web3 users to mint, manage, trade, and exchange NFTs across several blockchains in a secure and...