Tag: Finance

York IE Partners with YourExponent.io to Help Startups Find Finance Leaders

(Manchester, N.H., Sept. 6) — York IE, a vertically integrated strategic growth and investment firm, today announced a new partnership with YourExponent.io, a marketplace for growth-minded employers to find finance and accounting professionals. Through...

Amsterdam’s Maven 11 launches €39M Permissioned Pool with Maple Finance: All you need to know

Image credits: Maven 11Maven 11, an Amsterdam-based blockchain and digital asset investment firm, announced on Friday that it has launched a ‘Permissioned Pool’ in partnership with Maple Finance, a decentralised corporate credit market. The...

El Salvador’s Finance Minister Defended Strategy to Adopt Bitcoin

El Salvador’s finance minister, Alejandro Zelaya, stated that adopting bitcoin has aided the country’s unbanked citizens. Despite calls from detractors, Alejandro supported the country’s plan to use Bitcoin as legal currency. In an interview...

Babel Finance Lost $280 Million in Proprietary Trading

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 finance soared 269% in H1 2022

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,...

Why DeFi Might Be Safer Than Traditional Finance

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....

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