Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
On Feb. 22, 2024, the first improvement group of the BNB Chain revealed that the decentralized finance (defi) cash market protocol, Aave, has been efficiently...
Blockchain-Based Loyalty Rewards Foster Brand-Customer Connection, Accelerate Web3 Adoption — Gennady Volchek
Universal loyalty applications can function potent instruments, not solely forging a direct hyperlink between a model and its customers but in addition influencing the latter’s...
Chainalysis Report: Crypto Value Sent From Illicit Addresses Dropped by Nearly $10 Billion in 2023
According to Chainalysis’ report on cash laundering tendencies, the worth of crypto transferred by illicit addresses in 2023 fell by practically $10 billion from $31.5...
UN Sanctions Inspectors Probe Alleged North Korean Cyberattacks Targeting Crypto Firms
United Nations (UN) sanctions displays are reportedly investigating particular instances of hacking assaults allegedly carried out by North Korea-affiliated hackers between 2017 and 2023. Besides...
Fintech Provider Portal Raises $34 Million in Seed Funding
Portal, the supplier of a decentralized Bitcoin ecosystem, introduced on Jan. 30 that it has raised $34 million by way of a seed funding spherical....
Polygon Labs Execs Outline Regulatory Framework to Combat Illicit Activity in Defi
A paper ready by two Polygon Labs executives and a former Financial Crimes Enforcement Network (FinCEN) director presents a framework to fight illicit exercise in...
Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, Says Anthony Bevan
Recently accredited spot bitcoin exchange-traded funds (ETFs) are prone to divert investor curiosity and buying and selling quantity away from centralized exchanges (CEXs), in keeping...
Value Locked in Defi Surpasses $57 Billion, Securing Over $20 Billion in 3 Months
Data from defillama.com reveals that over the previous 93 days, the overall worth locked (TVL) in decentralized finance (defi) protocols escalated from $37.46 billion on...
Nigerian Crypto Startup Reveals Closure of $2.3 Million Strategic Funding Round
The Nigerian crypto startup revealed on Jan. 16 that the agency had closed a $2.3 million strategic fund to finance the acquisition of working licenses...
Study: Venture Capital Investments in Top Ten Web3 Projects Were 70% Lower in 2023
In 2023, the highest ten Web3 tasks collectively raised $1.78 billion in funding, a determine which is 70% decrease than the $5.87 billion raised within...