Blockchain

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.The DeFi ecosystem was once again an exploiter’s paradise…
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The target date for the highly anticipated Shanghai hard fork on Ethereum has now been set: April 12. Ethereum core developers approved the target deadline during the All Core Developers Execution Layer #157 call on March 16.The Shanghai…
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About one year ago, on March 14, 2022, cryptocurrency trader GiganticRebirth (GCR) invited the co-founder and then-CEO of Terraform Labs, Do Kwon, to bet $10 million that in a year the price of Terra Luna (LUNC) would be lower than its…
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On March 14, a class action lawsuit was filed against the recently shut down, crypto-friendly, New York-based Signature Bank and former chief executive officer Joseph DePaolo, chief financial officer Stephen Wyremski, and chief operating…
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Binance is scrambling to find a new service partner to process British pound transfers on its trading platform after its current partner, Skrill Limited, announced it would soon cease providing services to the crypto exchange. Binance…
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Crypto companies could find it harder to access traditional banking partners with the loss of two major crypto-friendly banks in less than a week, according to some in the crypto community. On Mar. 12, the Federal Reserve announced the…
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Several USD Coin (USDC) holders have fled to other stablecoins since March 10 amid fears surrounding its solvency following the disclosure that a small portion of USDC's collateral was held at Silicon Valley Bank.However, not all of them…
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On March 10, Reuters reported that U.S. District Judge Lewis Kaplan had expressed concerns over the proposed bail conditions for former FTX founder Sam Bankman-Fried. Judge still thinks proposed Bankman-Fried bail conditions too lenient…
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According to Fortune Business Insights, the global blockchain retail market size is expected to surge from the $172.2 million recorded in 2021 to over $2 billion by 2028. Both the demand for the product by end-users as well as the…
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Women have been part of the crypto space since its genesis, developing projects, communities and brands, as well as tackling many trenches that this emerging industry demands.Yet, they have been less involved in starting Web3 businesses.…
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