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The community of Frax Finance, a decentralized finance protocol, has announced its unveiling of FRAX v3, a stablecoin pegged to the U.S. dollar. The stablecoin employs AMO smart contracts and permissionless, non-custodial subprotocols to maintain its stability. Official documentation now live In a post updated 3 days ago, Frax Finance has released the
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In an Oct. 8 post on X, Certik, a security-focused ranking platform, reported an exit scam on zkFlex Finance after charts show a 100% in the project’s value. Alongside this announcement, the project’s social media accounts and websites have also been removed. Deleted accounts #CertiKSkynetAlert 🚨We are seeing an exit scam on @zkFlexFinanceETH:0x54855D3133669B7EF54A2c962F5f63fdb44bBaE9Which
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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.In this week’s newsletter, September became the biggest month of crypto exploits in DeFi, with over $300 million in losses, and the popular
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A crypto wallet associated with Justin Sun, the co-founder of Tron, a smart contract platform, has moved 20,000 Ethereum (ETH) worth roughly $32.4
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According to a report by Allied Market Research, blockchain financial market participants are now exploring collaborations and acquisitions as a core strategy. The traditional finance industry’s challenges caused by the COVID-19 pandemic, coupled with the promise of lower operating costs, increase the chances of greater global adoption of the digital
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Venture capital has been a key driver for myriad startups in the blockchain space. Founders know how competitive it can be to secure valuable VC funding that can keep the lights on and employees paid during the critical first days of a new project.In a new interview series, Cointelegraph sits
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The global blockchain finance market — encompassing public and private blockchains, trading, payments, settlements and asset management — is well-positioned to grow into a $79.3B market by 2032.A report by Allied Market Research revealed that the blockchain finance market players are heavily exploring collaborations and acquisitions as a top strategy.
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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 dominated by developments in some of the OG DeFi protocols, with Uniswap Foundation announcing plans to raise
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Michael Egorov, founder of Curve Finance, has settled his loan on the Aave Protocol and cut his total debt to $42.7 million.
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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 analysis by investment management fund VanEck revealed that economic activity in the DeFi sector dropped 15.5% in August. Blockchain Capital, on
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