Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you...
Financial News
Bitcoin mining company Bitdeer acquires lease for Ohio site
On June 28, Bitcoin mining company Bitdeer announced it entered into a 30-year leasing agreement with the Monroe County Port...
Banque de France, Hong Kong Monetary Authority explore CBDC, tokenization
The Banque de France (BDF) and the Hong Kong Monetary Authority (HKMA) have signed a Memorandum of Understanding (MoU) on...
CoinStats hack caused by ‘socially engineered’ employee, CEO suspects
The recent hack of 1,590 CoinStats crypto wallets was carried out by compromising a CoinStats employee.On June 22, the cryptocurrency...
Are celebrity tokens good or bad for Web3? Execs weigh in
As the cryptocurrency market seeks a new narrative to drive growth, celebrity-backed token projects have emerged, sparking a trend that...
Why reports of the death of NFTs are greatly exaggerated
The narrative surrounding non-fungible tokens (NFTs) is evolving. Following a period of explosive growth and a subsequent decline in trading...
Binance enforces stricter measures against account misuse
Binance, the world’s largest cryptocurrency exchange, has introduced new security measures to prevent the misuse of account features and enhance...
Dfinity announces new ICP-powered platform to tackle cybersecurity
The Dfinity Foundation has introduced a new Internet Computer Protocol (ICP)-powered platform designed to replace traditional cybersecurity measures.According to a...
Ethereum LSD solution Puffer Finance moves to based rollups after raising $18M
Puffer Finance, a liquid staking derivatives (LSD) project built on Ethereum restaking protocol Eigenlayer, will partner with the Ethereum Foundation...
Crypto losses from hacks and scams soared by 113% in Q2 2024 to reach $572M
Crypto losses from hacks and scams more than doubled in the second quarter of 2024 compared to the same period...