Babel Finance, a troubled Hong Kong-based crypto lender that suspended withdrawals last month, lost $280 million in proprietary trading activities with customer funds, according to a report by The Block that cited a...
Cryptojacking in the finance sector went up by 269% in the first half of this year, cybersecurity firm SonicWall reported.The finance sector, which used to experience nearly the least numbers of cryptojacking incidents,...
The answers are complex, but essentially boil down to specific financial and technical design decisions. Some of these, such as systemic transparency, overcollateralized lending and automated liquidation of borrowers, are inherent to DeFi....
Image credits: DatiaDatia, a Stockholm-based green fintech company, announced on Tuesday that it has secured $3.4M (approx €3.1M) in a Seed round of funding led by VC firm Nauta Capital. Accel Starter Ramzi Rizk,...
In early 2009, Bitcoin trading was peer-to-peer, initially via PayPal. However, it only took a few months before the first ramp was launched. Mt Gox and earlier variants were, as expected, rudimentary and...
