Decentralized Finance

DeFi platform Babylon Finance to shut down as investors flee
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2 September, 2022

DeFi platform Babylon Finance to shut down as investors flee

Babylon Finance launched in 2021 and promised "democratization of investing" in assets previously inaccessible to most due to regulation and...
Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal
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2 September, 2022

Brazil’s central bank endorses Itaú’s DeFi liquidity pool proposal

The platform will deploy blockchain and smart contracts in asset custody, currency exchange, and alternative investment financial services and would...
Singapore queries companies as digital asset regulations look to take new turn
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31 August, 2022

Singapore queries companies as digital asset regulations look to take new turn

Singapore is taking active steps to understand the digital assets market by gaining insights from industry entities as it seeks...
Tornado Cash takedown is denial stage of grief—Joshua Henslee weighs in
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23 August, 2022

Tornado Cash takedown is denial stage of grief—Joshua Henslee weighs in

Joshua Henslee empathizes with people who have put their lives promoting the 'decentralized' vision, saying that it's going to be...
Solana’s DeFi ecosystem was totally fake—This is why identity matters
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10 August, 2022

Solana’s DeFi ecosystem was totally fake—This is why identity matters

Coindesk recently published a report on how two brothers used multiple pseudonymous accounts to fake a DeFi ecosystem on Solana—showing...
Digital currency insights from the Philadelphia Federal Reserve Bank’s Fintech conference
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4 August, 2022

Digital currency insights from the Philadelphia Federal Reserve Bank’s Fintech conference

Stablecoins, DLT, CBDC, DeFi, NFTs, and the metaverse were the main topics of discussion throughout the day, and many bankers...
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