DeFi project EmiSwap raises $104 million in funding
A community-governed decentralized exchange (DEX), EmiSwap, raised $104 million from an undisclosed number of investors. The maximum investment from any single investor was $25,000.
DeFi project EmiSwap raises $104 million in funding
A community-governed decentralized exchange (DEX), EmiSwap, raised $104 million from an undisclosed number of investors. The maximum investment from any single investor was $25,000.
Thai authorities weigh regulation of the DeFi sector
The Securities and Exchange Commission of Thailand (SEC) is considering regulating the decentralised finance (DeFi) sector, according to the agency’s website.
Hacker stole $6.2 million from Belt Finance DeFi protocol
The hacker stole $6.2 million from Belt Finance, a DeFi protocol built on the Binance Smart Chain DeFi ecosystem.
DeFi project BurgerSwap lost $7.2 million in an attack
Two DeFi protocols built on Binance Smart Chain — BurgerSwap and Julswap — were subjected to attacks using flash loans.
1inch opens fiat sales of DeFi assets through Mercuryo integration
The liquidity aggregator from decentralized exchanges 1inch has partnered with payments network Mercuryo and opened fiat-based sales of DeFi assets.
Glassnode: DeFi sector resists panic on May 19
The DeFi sector showed resilience during the May 19 crash and extreme gas prices. This manifested in high activity on the DEX, robustness of liquidation and arbitrage mechanisms, and the pegging of stablecoins, according to Glassnode analysts.
Wharton School: DeFi Could Reshape the Global Financial System
DeFi has the potential to transform global finance, but today activity is more concentrated in leveraged trading and yield generation. This view was expressed by experts at the Wharton School of the University of Pennsylvania.
Analysts warn of SafeMoon DeFi bugs enabling $20m asset drain
HashEx researchers, during the audit, identified 12 vulnerabilities in the SafeMoon DeFi project's smart contracts. The detected bugs could allow assets worth $20 million to be withdrawn and block transactions, analysts noted.
UMA and Opium to Launch SpaceX Launch Insurance Solution
The DeFi platform for crypto-derivatives Opium Protocol announced a collaboration with the decentralized UMA platform to launch the Optimistic Oracle solution, according to a developers' press release.
PwC finds crypto funds showing growing interest in the DeFi sector
The assets under management (AUM) of crypto hedge funds rose in 2020 from $2 billion to $3.8 billion, and DeFi protocol tokens were widely distributed across portfolios. This is according to a PwC report.We use cookies to improve the quality of our service.
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