The extended crypto winter aided by the collapse of FTX has stored traders from backing a brand new protocol that merges DeFi and the overseas alternate A brand new Cosmos blockchain-based DeFi protocol has caught the eyes of traders…
Redefined
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Altcoin NewsNews
DeFi platforms see income amid FTX collapse and CEX exodus: Finance Redefined
by Jeremyby JeremyThe FTX collapse has created a way of uncertainty amongst massive and retail traders alike, who will not be very positive whether or not they need to maintain their funds on centralized exchanges or The dilemma has led to…
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Altcoin NewsNews
Solana TVL drops by nearly one-third as FTX turmoil rocks ecosystem: Finance Redefined
by Jeremyby JeremyThe second week of November might have been a bullish week, as Client Value Index knowledge launched on 10 signifies lower-than-expected This resulted in a big rally for conventional shares, however the crypto ecosystem is presently preventing its…
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Altcoin NewsNews
JP Morgan executes first DeFi commerce on a public blockchain: Finance Redefined
by Jeremyby JeremyThe primary week of November proved to be the institutionalization of DeFi markets as main worldwide banks and monetary establishments executed and accomplished their first DeFi worldwide monetary large JP Morgan accomplished its first-ever cross-border transaction utilizing DeFi on…
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Bitcoin NewsNews
Compound pauses 4 tokens to keep away from worth manipulation: Finance Redefined
by Jeremyby JeremyAfter the Mango Markets exploit final week, Compound protocol paused the availability of 4 tokens as lending collateral to guard it towards any worth staking protocol Freeway mentioned one among its buying and selling methods “seems to have failed,”…
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Altcoin NewsNews
Unsung hero saves DeFi protocol from potential exploit: Finance Redefined
by Jeremyby JeremyThe final week’s headline was dominated by a few of the largest hacks in This week is redemption time for a lot of DeFi protocols that both averted an tried hack or received a major chunk of their stolen…
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Bitcoin NewsNews
Barely midway and October already the most important month in crypto hacks: Finance Redefined
by Jeremyby JeremyOctober is traditionally related to the bulls, however in 2022, the month has additionally develop into the chief in crypto hacks as barely midway by means of, and the DeFi ecosystem has already seen practically a dozen hacks leading to…
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Bitcoin NewsNews
DeFi wants acceptable regulation earlier than transferring to retail, says Fed Chair: Finance Redefined
by Jeremyby JeremyUnited States Federal Reserve chairman Jerome Powell has given his verdict on the evolution of the DeFi market, claiming there’s a particular want for strong regulation earlier than the nascent market might develop to Finance CEO believes that separating…
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Altcoin NewsNews
Twister Money saga left a void, says Chainalysis chief scientist: Finance Redefined
by Jeremyby JeremyChainalysis chief scientist shared his views on the Twister Money saga and mentioned that the incident has left a void for illicit fund mixing companies, however the actual affect of the sanctions could possibly be decided in the long