Deutsche Bank Completes Trial of Tokenized Investment Platform
According to a report on Feb. 21, Deutsche Bank Singapore and Memento Blockchain have successfully completed the proof of concept phase of Project DAMA (Digital Assets Management Access), designed to facilitate the management of digital funds investing in tokenized securities. Per its report, asset managers were able to create a digital asset fund with its own soulbound token and launch a direct fiat-to-digital on-ramp for users. Institutional investors could then subscribe to the fund through the direct minting of tokens, via a decentralized exchange aggregator, or through a built-in marketplace.
DeFi Protocol Hope Finance Hacked for $2M at Launch
Decentralized finance (DeFi) protocol Hope Finance lost roughly $2 million worth of crypto assets on Feb. 20 to a hacker who “claimed everything from the genesis protocol.”
Venom Foundation in Partnership With Iceberg Capital Launches $1 Billion Venom Ventures Fund
Venom Foundation, the first Layer-1 blockchain licensed and regulated by the Abu Dhabi Global Market (ADGM), and Iceberg Capital, an ADGM regulated investment manager, officially announce that they have partnered to launch a $1 billion venture fund called Venom Ventures Fund (VVF).
Is All-in-1 API Deployment for DeFi Protocol Starting A New Bull Market Narrative for The Next Cycle?
Securo is the infrastructure that allows DeFi to be built and developed.
The Beginner's Guide: How to Borrow and Lend Crypto
Borrowing and lending cryptocurrency can be a lucrative investment strategy, but it comes with risks. It’s important to do your research and only invest what you can afford to lose.
AirDAO Announces an Overhaul of its Tokenomics Laying the Foundation for a Thriving Web3 and DeFi Ccosystem
AirDAO is a community-governed layer-one blockchain with a suite of web3 dApps accessible through the AirDAO Dashboard, all powered by the AMB token. The upgraded AirDAO Tokenomics lays out the changes coming to AirDAO throughout 2023.
Platypus Finance Hacked for $9M on Avalanche
The DeFi application Platypus Finance has suffered a $9 million attack, according to a series of tweets from the blockchain security firm CertiK on Feb. 16.
Total Value Locked in Defi Surpasses $50 Billion Mark for First Time Since FTX Collapse
Crypto prices have surged in value over the past few days, and the total value locked (TVL) in decentralized finance (defi) has surpassed the $50 billion mark for the first time since the collapse of FTX. As of Feb. 16, 2023, the TVL in defi is $51.1 billion, with the liquid staking protocol Lido accounting for 17.18% of the total.
G20 Financial Stability Board Report Flags DeFi 'Vulnerabilities'
A new report from the Financial Stability Board takes aim at the world of decentralized finance (DeFi), adding that the "rapidly evolving" niche "does not differ substantially from traditional finance."
Crypto Evening Briefing: South Korea Commits $173 Million To Metaverse Development In 2023; HKSAR Government’s Inaugural Tokenised Green Bond Offering
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