Bringing Real-World Assets On-Chain
Crypto has long been a speculation-based game with actual utility far and few between.
Huma Finance Raises $8.3 Million To Enable DeFi Borrowing Against Future Income
DeFi startup Huma Finance secured $8.3 million in a seed round to build an income-backed lending protocol.
Hack VC and Jump Crypto back DeFi yield startup Affine Protocol
Affine Protocol closed a $5.1 million seed round to build a decentralized protocol and app that offers users access to sustainable and diversified yields.
OKX Wallet and Rocket Pool Announce Partnership to Enhance DeFi Interactions
February 23, 2023 – OKX Wallet, a leading self-custody solution for digital assets in Web3, today announced a strategic partnership with Rocket Pool to enhance the efficiency of DeFi farming and improve the security of Ethereum staking. Rocket Pool, the first decentralized, trustless ETH 2.0 Proof of Stake Protocol, has integrated OKX Wallet on its website, allowing users to stake ETH in Rocket Pool directly via the OKX Wallet web extension.
Özcan Köme And Cookielabs Proudly Announce Its Memberships Into The Crypto Valley Association
Cookielabs, a web3 and DeFi advisory firm founded by Özcan Köme, is proud to announce its membership into the Crypto Valley Association (CVA) Switzerland. This membership represents a significant milestone for the company and its founder.
Forsage Dounders Indicted over $340M DeFi ‘Ponzi Scheme’
The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov — have been formally accused of having key roles in the scheme which raised approximately $340 million from victim-investors, according to a Feb. 22 Department of Justice (DOJ) statement. “Today’s indictment is the result of a rigorous investigation that spent months piecing together the systematic theft of hundreds of millions of dollars,” said U.S. Attorney Natalie Wight for the District of Oregon. (Cointelegraph)
Forsage Founders Indicted in $340 Million Cryptocurrency Scheme
The charges against the defendants carry a maximum penalty of 20 years in prison for each count of wire fraud and money laundering.
Comparing DAO Voting: On-Chain vs. Off-Chain
One of the main advantages of DAOs is in allowing their community to make decisions for the DAO via direct voting, which some DAOs do on-chain and some off-chain.
NFT Marketplace Development in 2023: Trends and Innovations to Watch
In recent years, NFTs have revolutionized the way we perceive ownership, authenticity, and value in the digital world.
The Thriving Arbitrum: A Destined Success
This report will focus on development of Arbitrum based on technical upgrades and future possibilities. Meanwhile, from the perspective of the Arbitrum ecosystem, reasons for the success and future development of the burgeoning projects in DeFi and gaming are analyzed and concluded.