What Is Institutional DeFi and How Can Banks Benefit?
Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies.
How to Stay Safe in DeFi: A Simple Guide to Evaluate Project Safety
The collapse of FTX proved the importance of self-custody and risk management. But it’s so easy to lose money in DeFi if you are not careful with many exploits, rug pulls, contract bugs around. In this blog I’d like to share how to evaluate safety of DeFi protocols to protect your assets.
Trader Joe’s DEX and NFT Marketplace To Expand to BNB Chain
Avalanche-based DeFi trading platform Trader Joe and the associated Joepegs NFT marketplace will deploy on BNB Chain by the end of March.
Hong Kong Lawmaker Wants To Turn CBDC Into Stablecoin Featuring DeFi
Hong Kong authorities are looking for new designs for a central bank digital currency (CBDC), now proposing to issue a CBDC in the form of a stablecoin backed by the government.
The Truth About Why DeFi Is Not Dead
A December 2022 CNBC survey showed that only 8% of Americans have a positive view of cryptocurrencies.
Cake DeFi Publishes Merkle Tree-Based Proof of Reserves
Singapore-based decentralized finance (DeFi) services firm, Cake DeFi, has announced the release of its Proof of Reserves using the cryptographically-audited Merkle tree method.
DeFi User Loses $3.4 Million of Gmx Tokens in Phishing Attack
An anonymous DeFi user fell victim to a phishing attack and lost $3.4 million in gmx, the native token of decentralized trading protocol GMX. The tokens were then sold on the open market.
Ondefy Raises $1M to Foster DeFi Adoption
Ondefy has raised a total of $1 million backed by several Venture Capitals, including AngelDao, Paraswap, Stacker Ventures, Caballeros Capital, White Loop Capital, Cryptoast, YellowSpoon, Tenzor Capital, Stake Capital, HyperGrowth.
DeFi Auditor Nets $40,000 for Identifying Uniswap Vulnerability
Uniswap’s recently launched bug bounty program has led to the discovery of a now-fixed vulnerability of the protocol’s Universal Router smart contract.
A Year of Lessons: How Crypto Was Shaped in 2022
Here, TokenInsight presents you our year end review of 2022. Everything changes so fast in the crypto world, so we release it specially on the very last day of the year, in case something significant happens today and we can’t include it. It’s also our way to say goodbye to 2022. Hope it helps you with your new year resolutions.
