BCH Defi Project Detoken to Close Its Doors Over Regulatory Climate Toward Crypto Derivatives

August 30, 2021 Bitcoin.com

/r/btc

On August 28, the Bitcoin Cash-based decentralized finance (defi) platform Detoken announced the project is closing its doors on September 4, 2021. The project’s founder, Semyon Germanovich, explained that the main reason for shutting the defi project down is because of the “changing regulatory outlook on cryptocurrency derivatives.” Defi Project Detoken to Shut Down Operations […]

JPMorgan Chase Employee Allegedly Steals 7,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Defi Economy Lost $20 Billion This Week, Decentralized Exchange Volumes Still Sky High

May 20, 2021 Bitcoin.com

Defi Economy Lost Billion This Week, Decentralized Exchange Volumes Still Sky High

$20 Billion

While crypto markets, in general, have been dropping significantly in value, the decentralized finance (defi) economy has shaved more than $21 billion during the last week. Statistics show that the total-value locked (TVL) in defi touched $87 billion on May 11, and since then the aggregate total has slid to $66 billion in value. Weekly […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Defi Project Rari Capital Hacked for $10M in Ether, Project’s Pool Drained for 2,600 ETH

May 9, 2021 Bitcoin.com

2600 ETH

Reports from the decentralized finance project Rari Capital detail that the protocol’s ethereum pool has experienced a recent exploit. Rari Capital says they are assessing the situation and the team removed funds from the recent Alpha Finance Lab integration. At first, the project’s team revealed they were assessing the hack, but later estimates assume the […]

JPMorgan Chase Employee Allegedly Steals $857,000, Abusing Insider Status To Manipulate Hundreds of US Treasury Checks: Department of Justice

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

March 30, 2021 Bitcoin.com

Angel Investor

Decentralized finance (defi) has seen extreme demand and innovative use-cases during the last 12 months. Defi oracles, decentralized exchange (dex) platforms and automated money makers (AMM) have swelled in value, as statistics show over $43 billion is locked into defi protocols today. Meanwhile, a new project has recently stepped out of the gate called XFai, […]

Defi Projects