Singapore is taking active steps to understand the digital assets market by gaining insights from industry entities as it seeks regulations to curb the risks associated with digital exchanges.
Coindesk recently published a report on how two brothers used multiple pseudonymous accounts to fake a DeFi ecosystem on Solana—showing that without identity, there's no way to know who's in control.
Scientists from MINDSMITH, OnGrid System, DEKIS, and Tiger.Trade carried out a study regarding investment funds, digital assets, and DeFi solutions, coinciding with the new German Fund Location Act.
Estonia has been working on new AML laws that the government approved two weeks ago, and they are designed to clamp down on the digital currency industry.
"Bring down the banks" has become a mantra in some corners of the industry, but what few talk about is just how many security breaches really happen in the industry and how unsuitable the sector is to replace traditional banking.
Andy Medjedovic exploited DeFi platform Indexed Finance and stole $16M, and after experts identified him, he refused to surrender arguing “code is law.”
C.R.E.A.M Finance, a DeFi lending & borrowing platform, was exploited for $115 million, making it one of the largest exploits in DeFi history.
The U.S. securities regulator plans to take enforcement action on the blockchain and digital currency industry, according to Chair Gary Gensler.
xToken had been exploited in May and the attackers made off with $25 million—this time, it’s $7 million in an attack that has led to the retiring of one product.
DeFi platform 'Popsicle Finance' was exploited for $25 million, revealing that there has not been much innovation in DeFi smart contracts.
Mark Cuban endorsed DeFi token TITAN has lost 100% of its value due to a bank run on the Iron Finance project by investors.
In the last five days, three DeFi exploits have taken place and a total of $200 has been stolen from these projects; here’s how it happened.
