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​​Cream Finance DeFi platform loses $19M in a flash loan hack

Cream Finance, a major decentralized finance (DeFi) protocol focused on lending, has suffered a major exploit, with a hacker stealing nearly $19 million from its platform.An unknown hacker has managed to gain $18.8 million in the latest flash loan exploit of the Cream Finance protocol through a reentrancy bug introduced

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Deloitte Survey Shows 76% Of Finance Execs Think Physical Money Is Nearing Its End

A recent survey from Deloitte that collated data from 1,280 senior finance executives in 10 locations across the world produced interesting results regarding the blockchain industry. This survey is Deloitte’s fourth annual Global Blockchain Survey, which focuses on the financial services industry (FSI). Findings from the survey show that there

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Will Polkadot save decentralized finance from Ethereum’s scaling problem?

Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the Internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world

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Will Polkadot save decentralized finance from Ethereum’s scaling problems?

Web3, interoperability, and layer 0 are all terms tossed around when describing Polkadot. But what do they mean, and how will they impact the internet and cryptocurrency market? Cointelegraph Research’s new report explores how Polkadot is tackling distributed ledger scalability and centralization of the web simultaneously. For starters, imagine a world

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81% of finance execs say blockchain has gone mainstream: Survey

Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), has already gained mainstream popularity, according to global finance executives polled by Big Four auditing firm Deloitte.According to Deloitte’s 2021 Global Blockchain Survey, 81% of the financial services industry (FSI) executives believe that blockchain technology is “broadly scalable” and has achieved

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