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” DeFi needs appropriate regulation before moving to retail, says Fed Chair: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. United States Federal Reserve chairman Jerome Powell has given his verdict on the evolution…
” ‘I’ve done nothing wrong’ — Lark Davis denies ‘pump-and-dump’ allegations “ Crypto influencer Lark Davis has refuted new allegations from Twitter “on-chain sleuth” ZachXBT of shilling “low cap projects” to his audience “just to dump them shortly after.” Davis was responding to a Twitter thread posted by Zach on Sept. 29, containing allegations that…
” Maple Finance CEO: Separating risk from lending saved DeFi from market crash “ Maple Finance co-founder and CEO Sid Powell says that transparency has been the saving grace of decentralized finance (DeFi) amid the prolonged crypto market slump. Speaking to Cointelegraph on the sidelines of the Converge22 conference in San Francisco, Powell noted that,…
” FTX reportedly considers bailing out Celsius via asset bid “ Crypto exchange FTX, led by crypto billionaire Sam Bankman-Fried (SBF), is reportedly considering bailing out Celsius Network by bidding on the bankrupt lender’s assets. Coincidently, the information came out the same day Alex Mashinsky resigned as the CEO of Celsius. “I regret that my…
” Wintermute inside job theory ‘not convincing enough’ —BlockSec “ Blockchain security firm BlockSec has debunked a conspiracy theory alleging the $160 million Wintermute hack was an inside job, noting that the evidence used for allegations is “not convincing enough.” Earlier this week cyber sleuth James Edwards published a report alleging that the Wintermute smart…
” What Cardano’s Vasil hard fork means for the blockchain “ After several delays and some setbacks, Cardano’s long-awaited Vasil upgrade finally went live on Sept. 22. From the outside looking in, the hard fork is designed to help improve the ecosystem’s scalability and general transaction throughput capacity as well as advance Cardano’s decentralized applications…
” Disney seeks corporate lawyer for ’emerging technologies’ and NFTs “ The Walt Disney Company could be on the verge of expanding into the crypto space after posting a new job for an “experienced corporate attorney” to work on “emerging technologies” such as nonfungible tokens (NFTs) and the Metaverse. According to the Sept. 23 listing on the…
” Tornado Cash saga left a void, says Chainalysis chief scientist: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Chainalysis chief scientist shared his views on the Tornado Cash saga and said that the…
” Crypto gaming sucks — But devs can fix it “ What we have today in terms of Web3 gaming is not working. Play-to-earn has not worked and neither will play-to-earn or any X-to/and-earn. On top of that, traditional gamers view nonfungible tokens (NFTs) with suspicion. They dunk on expensive apes and are skeptical of large…
” Tribe DAO votes in favor of repaying victims of $80M Rari hack “ After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital’s liquidity pools. Following several rounds of voting and governance proposals, Tribe DAO, which consists…