Tuesday, December 3, 2024
Home > Finance (Page 3)

Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: 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 past week in DeFi was filled with bullish resurgences for many projects, but it was the Uniswap founder’s $650 billion HayCoin (HAY)

Read More

Elon Musk’s X aims to revolutionize finance as a central hub

Elon Musk-owned X (formerly Twitter) aims to position itself as a central financial hub, encouraging individuals to consider using it as their primary financial solution instead of traditional bank accounts.According to a report by The Verge, during an all-hands meeting on Oct. 26, Musk expressed his vision for transforming the platform into

Read More

Fulcrom Finance expands to zkSync Era, unveils $100K reward pool 

Fulcrom Finance, a perpetual trading protocol on Cronos, is expanding into the zkSync Era to further support its staking community. Following this announcement, the decentralized finance (defi) solution has announced a $100,000 reward pool to celebrate this milestone. Fulcrom Finance expands to zkSync Era On Oct. 5, Fulcrom Finance said it will expand into zkSync

Read More

Despite U.S. House Gridlock, Senator Gillibrand Bullish on Stablecoin Bill, Illicit Finance Legislation

"As mainstream finance moves into this space, I think people in Congress are going to see we can't have our head in the sand anymore," Lummis said at the same event on Tuesday, suggesting that some lawmakers will be more comfortable with the representatives of traditional financial firms. "When they

Read More

Marinade and Orca Finance ban UK user access amid FCA regulatory concerns

Solana DeFi platforms Marinade Finance and Orca Finance restrict access for UK users due to FCA regulatory guidelines. Marinade Finance and Orca Finance, leading platforms in Solana’s decentralized finance (DeFi) ecosystem, have implemented geo-restrictions for users in the United Kingdom, citing the need for regulatory compliance. According to the site, the restrictions

Read More

Busy week for Uniswap, and Platypus recovers 90% of hacked funds: 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 past week in DeFi was dominated by developments in the popular decentralized exchange platform Uniswap after it announced a 0.15% swap fee

Read More

 Lido Finance to stop Solana support while Cardano prices fall, new project unveils staking program

Lido Finance, the liquidity staking platform, has stopped its Solana liquid staking service after voters supported the proposal. At the same time, the price of Cardano has dropped, causing panic among investors. A new project has appeared, offering unique rewards for staking. Everlodge will allow holders of its native token, ELDG, to

Read More