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Cardano may rally; FTX Token and Borroe Finance register gains

The crypto market has been recovering. Experts are bullish on Cardano (ADA) because of its research-oriented approach and expanding decentralized finance (defi) ecosystem. FTX Token (FTT) has also registered gains despite challenges facing Binance.  On the other hand, Borroe Finance (ROE) is introducing an AI-powered fundraising marketplace to enhance defi while

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Indexed Finance thwarts hijackers, set to compensate 2021 hack victims

Indexed Finance, an Ethereum-based project that suffered a $16 million hack in 2021, has successfully thwarted two hijacking attempts. Control of the project’s decentralized autonomous organization (DAO) will be returned to its founders, who aim to allocate the remaining treasury to victims of the 2021 hack.In a thread on X

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Binance onboarded millions into finance but forgot the paperwork — Columbia professor

Recent events surrounding the crypto exchange Binance sparked significant debate about the United States’ crackdown on crypto firms. According to Omid Malekan, adjunct professor at Columbia Business School and author, the Department of Justice’s approach in the case is very different from what is seen in traditional finance.“People who sincerely

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KyberSwap attacker used ‘infinite money glitch,’ Australia’s tax agency won’t clarify DeFi rules: Finance Redefined

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 attacker who stole $46 million from the KyberSwap protocol has used a complex strategy described by a DeFi expert as an “infinite

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Sushi to test Bitcoin swaps and Opyn DeFi protocol founders cave to CFTC pressure: Finance Redefined

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 security

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New York finance regulator tightens crypto listing guidance

Guidelines for firms listing and delisting cryptocurrencies in New York have tightened up to better protect investors, according to the state’s financial regulator.The New York State Department of Financial Services (NYDFS) unveiled new restrictions on Nov. 15 which mandate crypto companies submit their coin listing and delisting policies for NYDFS

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