Recently, a trader grabbed headlines by pocketing a cool $200,000 profit by shorting Bitcoin (BTC) and Ethereum (ETH), just as these giants faced a significant price correction. Meanwhile, in another corner of the crypto sphere, Borroe Finance’s ($ROE) presale is making waves, nearing a remarkable $2 million mark, reinforcing its …
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[PRESS RELEASE – Singapore, Singapore, December 7th, 2023] Ronin by Sky Mavis, the largest ecosystem for Web3 games, is a secure and scalable EVM blockchain. Impossible Finance to deploy launchpad infrastructure on Ronin for Web3 game launches, aiming to advance blockchain gaming and NFT. Upcoming launches on the launchpad may …
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In a recent court case that Le Monde reported, a French court cleared the people accused of planning the $8.5 million hack of Platypus Finance, an Automated Market Maker protocol running on the Avalanche blockchain in February 2023, of all charges. The court’s ruling that “French criminal law does not …
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The hacker who stole over $46 million from the DeFi protocol KyberSwap has released a list of demands, including total control over …
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[PRESS RELEASE – HONGKONG, CHINA, November 28th, 2023] Since 2023, the development of the crypto market has been hindered. Lack of funds, loss of existing users, insufficient incremental users, high entry barriers, and unclear regional policies have all put the crypto asset market in trouble. While the crypto market has …
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A new DeFi report has highlighted that a significant amount of crypto lost to exploits was due to traditional Web2 flaws and …
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The exploiter behind the $116-million theft of assets from Mango Markets will face trial in April next year after the accused convinced …
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Chainlink (LINK) has experienced a remarkable rally in recent weeks, garnering significant attention from traders seeking scalping opportunities. The surge in interest isn’t limited to scalpers alone, as both retail and institutional investors are increasingly securing positions in LINK, driven by their belief in the cryptocurrency’s promising future. Chainlink recently …
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Decentralized finance (DeFi) might hold immense potential to solve the problems faced by traditional finance (TradFi). However, DeFi still struggles with onboarding new users -both retail and institutional- due to its limitations on the user experience side. Despite all the innovation and development happening on the infrastructure level, the “DeFi …
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. A trader managed to exploit the brief opening of the Multichain cross-chain bridge, which was frozen since its exploit in July 2023, …
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Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap founder’s $650 billion HayCoin …
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In a recent development, US lawmakers have urged the US Department of Justice (DOJ) to initiate a criminal investigation into cryptocurrency exchange Binance (BNB) and stablecoin issuer Tether (USDT). The lawmakers, led by Senator Cynthia Lummis, reference a controversial Wall Street Journal (WSJ) report that alleges Hamas and its affiliate …
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