DeFi

Why DeFi Speculators Are Borrowing Ethereum as Merge Looms - Decrypt

Why DeFi Speculators Are Borrowing Ethereum as Merge Looms – Decrypt

Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) With Ethereum’s merge event just days away, the entire industry is preparing for the network’s most highly-anticipated upgrade. Bounty hunters are on the lookout for any bugs in the code; blockchain firm ConsenSys is launching so-called “sustainable” NFTs to celebrate the occasion; and crypto exchanges are …

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Cointelegraph Magazine

Saylor gets sued, FBI warns about DeFi exploits, and Crypto.com drops $495M sponsorship: Hodler’s Digest, Aug. 28 – Sept. 3

Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week   DC Attorney General sues Michael Saylor and MicroStrategy for …

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FYI, the FBI Warns Your Investment in DeFi Might Go Awry

FYI, the FBI Warns Your Investment in DeFi Might Go Awry

The FBI said security holes in DeFi projects have let hackers get away with the vast majority of the total $1.3 billion stolen earlier this year.Photo: Burdun Iliya (Shutterstock) Think your crypto is more safe on a decentralized platform compared to the more centralized exchanges? Well, the FBI is here to tell you that, no, …

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Ethereum NFTs NFT Justin Sun

Why Justin Sun Was Blocked From This Ethereum DeFi Protocol

Diplomat and founder of the TRON network, Justin Sun, confirmed that one of his addresses was blocked from using the Ethereum decentralize finance (DeFi) protocol Aave. Via Twitter, Sun claimed that he received 0.1 ETH from Tornado Cash leading to his address being added and blocked by the protocol. Justin Sun was just one of …

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VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

VC Roundup: Lightning Network payment rail, DeFi trading platform and blockchain security firm raise millions

Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain …

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DeFi lending giant Celsius halts withdrawals

DeFi lending giant Celsius halts withdrawals

The Celsius Network, a decentralized finance (DeFi) platform and one of the largest crypto lenders, announced Sunday night that it was “pausing all withdrawals, Swap, and transfers between accounts.” It has 1.7 million customers. The company’s token, CEL, is trading at 23 cents as of this writing, according to CoinMarketCap. That’s a 92 percent decrease …

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