In what seemed to be a hostile takeover of the governance of the Build Finance DAO, the attacker was able to drain the funds of the DAO. But calling this incident an attack is a matter of definition; ...
Tag: Finance
Bank of Russia, Finance Ministry Fail to Reach Deal in Crypto Meet
Key Takeaways The head of the Bank of Russia met the country’s Finance Minister to discuss crypto regulation Tuesday. The two sides have still not resolved their disagreements on how to regulate...
Build Finance DAO Falls to Governance Takeover
It was only a matter of time before 1980s-style hostile corporate takeovers went on-chain. And yesterday, Build Finance became one of the first decentralized autonomous organization (DAO) to fall vict...
Build Finance DAO Suffers Governance Takeover Attack
Key Takeaways Build Finance DAO was targeted by a governance attack this week that allowed the perpetrator to mint and sell tokens. The attacker likely gained the equivalent of 160 ETH or $470,000 fro...
Curve Finance Launches on Moonbeam
Key Takeaways Curve Finance has integrated with Moonbeam. Those in the Polkadot ecosystem will have access to the vast majority of Curve’s markets, since Moonbeam is Ethereum-compatible. Curve Finance...
Build Finance DAO suffers ‘hostile governance takeover,’ loses $470,000
Build Finance DAO suffered a “hostile governance takeover” over the last few days and has lost around $470,000 in funds, according to an announcement today. Over the last few days, an unkn...
Curve Finance launches on Moonbeam bringing over $16 billion in liquidity to Polkadot
Curve Finance, the largest DeFi protocol by total value locked (TVL), has officially launched on Moonbeam. Launched on @MoonbeamNetwork https://t.co/38uIaHaIPw! — Curve Finance (@CurveFinance) Februar...
Indian Finance Ministry & Central Bank in ‘Complete Harmony’ on Crypto Policy
The Reserve Bank of India (RBI) and the Indian Ministry of Finance are in “complete harmony” on cryptocurrency policy, according to the finance minister. “With RBI and the Ministry, not just on crypto...
Oil Is Fashionable Again In The Banking World
FILE – Executive Director of the International Energy Agency Fatih Birol speaks Wednesday, Nov. 13, … [+] 2019 in Paris. The head of the International Energy Agency has blamed Russia for m...
Uniswap V3 Liquidity Management Platform Universe Finance, Set To Launch IDO
Universe Finance has announced that it will launch its IDO which will run from the 15th to the 18th. The Uniswap V3 liquidity management platform which operates on both the Polygon and Ethereum networ...
Titano Finance DeFi Rug Pulled, TITANO Drops 80% in 10 Minutes
Vladislav Sopov After a series of white- and black-hat hacks of DeFi infrastructure, the time has come for rug pulls Contents Titano Finance liquidity pool drained for $1.9 million Hack instead of rug...
European Commission to Launch Digital Euro Consultations in March, Propose Bill Early Next Year – Finance Bitcoin News
The executive arm of the EU is gearing up to start public consultations on the digital euro project next month. The European Commission will also prepare new legislation to establish the legal basis f...
Umbrella Network Partners with Klever Finance
Umbrella Network announced its collaboration with Klever Finance, a crypto exchange and validator supplier in the market. The UMB token, in both versions of ERC20 and BEP20, is now available for trade...
Create And Sell Your NFT’s ON YearnNFT Finance.
Non-fungible tokens are a new topic in hype that have made digital asset more demanding. Right now, NFTs are the hot topic and every investor is looking into the depth of the protocols and concepts al...
Under-the-Radar Decentralized Finance Altcoin Rallies Over 100% in Less Than a Day As Ecosystem Explodes
One overlooked altcoin has put in an incredible move, doubling in less than a day while most of the crypto market corrects. Injective Protocol (INJ) is a decentralized exchange (DEX) that offers margi...
India’s finance minister waiting for consultations to decide whether to ban or regulate crypto
Yet another statement by a top Indian official suggests that regulatory uncertainty around the status of digital assets in the country will persist in the near term. Responding to the general discussi...
Request Finance Grows on the Fantom Network
Back in August 2021, it was announced that Request Finance’s fast and simple app to generate, track, and pay invoices was made available to the rapidly expanding community of users transacting on Fant...
India’s finance minister to consult before regulating or banning crypto
India has one of the largest crypto economies in the world, but the country is yet to enforce a clear regulatory framework on cryptocurrencies. The minister of finance in India, Nirmala Sitharaman, ha...
Uniswap V3 Based ‘Universe Finance’ Reveals Plans of Launch – Press release Bitcoin News
press release PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liqu...
Universe Finance Platform Announces IDO Details
Vladislav Sopov Liquidity management platform for Uniswap v3 users will have its token sale on Feb. 15-18 Contents Universe Finance releases UNT on three platforms One-stop platform for better yield f...
India’s Finance Minister Explains Why Cryptocurrencies Must Be Taxed
The government of India remains set on taxing cryptocurrencies. Finance minister, Nirmala Sitharaman, has said that crypto taxes will come into effect as planned. This is despite India not having deci...
Symbiosis Finance Makes Multi-Chain Swaps a One-Click Experience
Multi-chain liquidity protocol Symbiosis Finance launches in the next week, enabling users to perform crypto token swaps across multiple blockchains with a single click. Unlike existing decentralized...
The best finance tokens you can buy on February 11, 2022: NEXO, KAVA and POLY
NEXO NEXO/USD, Kava KAVA/USD, and Polymath POLY/USD are all finance-based tokens worth your attention throughout February 11, 2022, and we are about to go over why with an analysis on each token indiv...
India Won’t Legalize or Ban Crypto at This Stage, Finance Minister Confirms – Regulation Bitcoin News
India’s finance minister has revealed the current status of crypto policy in India, including whether crypto will be legalized or banned in the country. The question surrounding the legitimacy of cryp...
Bunny Finance and Qubit Resort to DAO, Aiming to Restructure not Disband
DeFi protocols Bunny Finance and Qubit announced plans of “restructuring.” The joint statement revealed that the two projects, governed by the development team until recently, will now be managed by a...
New Generation DEX, Luntivo Finance, Announces Limited-Time Coin Offering
Luntivo Finance, a DEX built on the Terra blockchain, has announced its ICO starting on February 8, 2022 and ending on March 28, 2022. Luntivo DEX is the first of its kind on the Terra Blockchain. It ...
EU finance chief says digital euro bill coming in early 2023
The European Commission has announced that a bill for a digital euro will be proposed in 2023. As first reported by Politico, EC finance chief Mairead McGuinness officially disclosed the EU’s formal c...
DeFi hack: DEGO Finance loses over $10M, urges exchanges to stop all deposits
Another day, yet another exploit in the decentralized finance (DeFi) space gets reported. DeFi has been one of the fastest-growing segments in the crypto space this year. The space also garnered the i...