DeFi refers to financial applications built on blockchain technology that enable digital transactions between multiple parties.
Hong Kong Monetary Authority: Crypto is likely to integrate with the future financial system
Hong Kong Monetary Authority recently said that crypto will probably play a central role in the financial systems in the future.
Celsius lawyers claim users relinquished their crypto when they signed up
At the first bankruptcy hearing for Celsius, the platform's lawyers claimed retail users gave up legal rights to their crypto by accepting the terms of service.
Mixer usage sees all-time high thanks to nation-affiliated cybercriminals
Chainalysis' recent report revealed that crypto mixer platforms reached an all-time high of $51.8 million, with the majority of the volume coming from criminals with known nation-state affiliations and sanctioned entities.
Q2 2022 Web3 Security Report: 48 Major Exploits, $718.34M Lost | Beosin & Footprint Analytics
Total losses in Q2 reach $718.34 million, down approximately 40 percent from $1.2 billion in Q1
Celsius unlocks another $195 million in collateral after paying off debt to Compound
Amid its ongoing liquidity crisis, Celsius has paid off its debt to Compound of over $50 million, reclaiming 10,000 WBTC.
MicroStrategy’s Michael Saylor says Ethereum is a security
Saylor says a cryptocurrency can only be a commodity if there is no issuer and no one is making any decisions on the network.
Solana sued for being ‘centralized,’ ‘security’
The network’s developer, founder, and partners are accused of profiting from the sale of an unregistered security.
Highlights from ETHBarcelona: bear market survival guide
Prominent names from Venture Capitals came together in the "Bear Market Survival Guide" panel in ETHBarcelona, and stressed the importance of offering real value.
Here’s why the crypto downturn isn’t the end for DeFi
Despite the brutal drawdown, DeFi protocols continue to run as intended, and it's this that will set it apart from CeFi going forward.
Aave proposes stablecoin to rival MakerDAO’s DAI
The proposed stablecoin GHO will be overcollateralized, pegged to the U.S. dollar, and backed by Aave Protocol collaterals.
BlockFi confirms it holds 50% of client funds in short-term positions with 10% in collateral
The crypto lending firm confirmed it holds similar collateral levels to fractional reserve banking while showcasing its ability to deliver for clients with 100% access to funds
U.K. tax authorities seek public consultation on DeFi tax treatment
HMRC follows up on Chancellor Sunak's pledge to enhance the competitiveness of crypto-asset taxation by calling on the input of DeFi stakeholders.
Wonderland community votes to buy $25M of ex-treasury manager tokens
Sifu was the second-largest voter on the proposal he submitted to buy the tokens he is developing.
Solend founder reveals what happened behind the scenes during its whale liquidation event
CryptoSlate spoke to the founder of Solend to go behind the scenes of the whale liquidation event that rocked DeFi
Crypto hacks are declining in numbers but increasing in damage
Research showed that the average dollar amount stolen in crypto hacks this years is more than double what it was in 2021.
DeFi insurance is coming to Solana to protect users against exploits
CryptoSlate caught up with Rupert from Amulet Protocol, the first DeFi Insurance platform on Solana. He shared some of the ways Amulet will protect users in this video interview
How Celsius, 3AC misjudged risk and is DeFi’s future in interest rate swaps?
Risk management is a core component of financial services businesses. However, both 3AC and Celsius appear to have misjudged market risks by a wide margin. Voltz CEO Simon Jones speaks to how this came about