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” Regulatory action against Mango Markets exploiter is a win for DeFi — Moody’s “ Recent charges brought against Mango Markets exploiter Avraham Eisenberg will have a positive impact on the decentralized finance (DeFi) space, according to credit rating firm Moody’s. In a Jan. 31 note from Moody’s Investor Service, AVP of decentralized finance Cristiano…
” Mango Markets sues Avraham Eisenberg for $47M in damages plus interest “ Mango Labs, the company behind the decentralized finance (DeFi) protocol Mango Markets has come out with its own lawsuit against exploiter Avraham Eisenberg. The Jan. 25 filing in the United States District Court for the Southern District of New York alleges Einseberg…
” FTX fallout: SBF trial could set precedent for the crypto industry “ After the collapse of major cryptocurrency exchange FTX in November 2022, former CEO Sam “SBF” Bankman-Fried was arrested by Bahaman authorities on Dec. 12. Just a day later, the United States Securities and Exchange Commission and Commodity Futures Trading Commission filed charges…
” SushiSwap’s new DEX aggregator will ’10x our market share’ — Head Chef “ Just a month after warning of a “significant deficit” in its treasury, the CEO of decentralized exchange (DEX) SushiSwap has shared several planned updates to the platform which it says is intended to “10x” its market share in 2023. Sushi CEO…
” How crypto tokens (not Bitcoin) will outperform stocks in 2023, Arca’s CIO explains “ Digital assets will largely decouple from traditional equity markets in 2023, says Chief Investment Officer at Arca, Jeff Dorman. Discussing his outlook for 2023 in a recent interview with Cointelegraph, Dorman argues that as the global economy enters a recession…
” Crypto exchanges need to start giving customers their keys “ The business model that cryptocurrency exchanges currently use relies on ignorance and fear. It relies on their customers not knowing much about decentralized finance (DeFi) and their fear of what could happen if they get things wrong with their crypto investments. Cryptocurrencies seem like…
” What is ShibaSwap and how does it work? “ ShibaSwap is a DeFi platform featuring decentralized exchange (DEX) and passive income-generating services like staking, liquidity pools, and yield farming in its ecosystem. Launched in July 2021, ShibaSwap is a fork of SushiSwap, a popular DEX tweaked from Uniswap (UNI), the world’s leading DEX by…
” CFTC files suit against Avraham Eisenberg for market manipulation in Mango exploit “ The United States Commodity Futures Trading Commission (CFTC) filed suit against self-described digital artist Avraham Eisenberg on Jan. 9, charging him with two counts of market manipulation in connection with an exploit of decentralized finance platform Mango Markets. Eisenberg was arrested…
” Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market. “ There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900 billion…
” $3.9 billion lost in the cryptocurrency market in 2022: Report “ Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a total of 3.9 billion dollars in 2022. According to the report, hacks were found to be the main…