DeFi Exchange Platform dYdX Places Solana in “Close Only” Mode
The move comes after Solana has plummeted 40% in 24-hours
due to its link with the beleaguered Sam Bankman-Fried empire.
Genesis Reports Losses of Around $7 Million After Hedging Against Market Volatility
Crypto trading and lending firm Genesis Trading reported
losses of around $7 million "across all counterparties" that include
Alameda Research after it hedged and sold collateral on Tuesday in anticipation
of market volatility following a liquidity crunch at FTX.
I Analyzed 120 Crypto Hacks. Here Is What I Learned
If you own a cryptocurrency that just got hacked — sell it. If you are considering buying a cryptocurrency after it got hacked, look for a better alternative.
Twitter Subsidiary Registers With Fincen as a Money Services Business
Social media giant Twitter appears to be moving deeper into
the payments business, as reflected by a registration filed this month with the
U.S. Financial Crimes Enforcement Network (FinCEN).
Entities Which Have Conducted a Recent PoR Attestation
If there’s a single thing I could do to better this industry, it would be to convince every custodial service provider in the cryptocurrency space to adopt a routine Proof of Reserve program.
JPMorgan and Two More Banking Titans Conduct First Blockchain-Based Trade in New DeFi Pilot
Three world leaders of the banking industry are taking part in Project Guardian, an initiative from the Monetary Authority of Singapore (MAS) that aims to pilot use cases of digital assets and decentralized finance (DeFi).
Solana Yield Manager Texture Raises $5 Million
DeFi yield platform Texture has raised $5 million in a round co-led by P2P Capital and Sino Global, and is now live in private beta testing.
Growing Centrifuge with An Investment from Coinbase
Centrifuge has raised $4 million in a strategic round
Yield App Partners with Trovio Group to Launch $35М DeFi Fund
The Trovio DeFi Fund offers wholesale investors the opportunity to allocate capital into a yield-generating strategy within the DeFi ecosystem.
MAS:A Live Cross-currency Transaction Involving Tokenised JPY and SGD Deposits Was Successfully Conducted
MAS announced today that the first industry pilot under MAS’Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades.