Finance

Ted Hisokawa Nov 05, 2024 07:39…

A white hat hacker has managed to take around 2,879 Ether (ETH), worth around $5.4 million, from an exploiter and returned it to the decentralized finance (DeFi) protocol Curve Finance amid the recent hack. On July 30, several stablepools…

The whitepaper for the Worldcoin project, which aims to create a global identification and financial network, was just released. This paper gives a thorough summary of the project's goals, guiding principles, and future strategies. The…

On March 18, Euler Finance, a decentralized finance (DeFi) platform, received a surprising gift from the hacker who had drained $197 million from the platform just a few days earlier. The attacker returned 3,000 ETH ($5.4 million) to…

Decentralized Finance (DeFi) is the financial system built on decentralized blockchain technology. It achieves distributed consensus by utilizing smart contracts over the blockchain, such as Ethereum. It is linked explicitly with the…

The requirement for Web 3.0 decentralised finance was planted during the year 2008 when the world experienced a financial meltdown that lasted nearly two years. The financial crisis resulted in an increase in unemployment, a decrease in…

Lendable.co.uk, a major AI-powered consumer finance platform based in London, announced on Thursday it raised £210 million in a funding round led by the Ontario Teachers’ Pension Plan Board through its Teachers’ Innovation Platform (TIP).…

The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more than $80 billion by 2025. NFTs…

Since around 2017, economically, few nations had started facing some form of hurdle/s which assisted in turning almost every nation’s GDP (Gross Domestic Product) somewhat fatalistic in 2020. The desire of turning a centralized way of…