Tag: DeFi

Legendary billionaire investor Mark Cuban said on Sunday that the U.S. government and regulators should start getting behind crypto innovations, like decentralized finance (DeFi). In other ways, the U.S. will “lose the next great growth engine that this country needs.” Cuban outlined his mind in the blog post named “The Brilliance of Yield Farming, Liquidity…

India-based DeFi startup Instadapp reported on Friday the completion of a funding round in $10 million. It was led by Standard Crypto, including Andre Cronje, the founder of crypto investing platform Yearn.Finance. The startup plans to use funds to further developing of a “middleware” layer for the DeFi ecosystem. Instadapp plays an important role in…

Skeptical before about cryptocurrency, Goldman Sachs continues to fund crypto companies. Investment giant recently funded around $28 million to Blockdaemon’s expansion. The more evidence that the New York City-based firm changing its mind to cryptocurrency. The investment banking giant has joined in on a significant funding round to aid Blockdaemon, a large blockchain firm, to…

Is the world’s second-biggest cryptocurrency could be the one with the most potential, asks Lyle Daly on A Motley Fool. If you’ve been looking for cryptocurrencies besides Bitcoin to invest in, then Ethereum has probably been on your radar. Technically, Ethereum is a programmable blockchain, and its cryptocurrency is called Ether. People often refer to…

Google has announced an update to its existing financial products and services policy, including a policy on cryptocurrency advertising. According to its notice on Wednesday: “This policy will apply globally to all accounts that advertise these financial products.” The new rules will take effect on August 3, and all prior crypto exchange certifications will be…

According to the latest “Cryptocurrency Crime and Anti-Money Laundering Report” by a blockchain analyst firm Ciphertrace , the impact of hacks and exploits that have moved into the DeFi realm is more than just the impact of classic centralized exchange hacks and other types of fraud. The company found that, on the whole, the cryptocurrency…