News with the tag "Centralized Finance"

Abracadabra Finance confirmed a hack of its GM cauldrons products, resulting in a loss of 13 million MIM stablecoins. Reward Offered to Hackers for Return of Stolen Funds The decentralized lending platform Abracadabra Finance confirmed on March 26 that its GM cauldrons suite of products was hacked, ...

Coinbase claims these verified pools will allow institutions and companies to invest and trade onchain, reducing counterparty risks while still reaping the benefits of a blockchain-based operational system for these transactions. Coinbase Debuts Verified Pools Liquidity System Built on Base Coinbase...

Sui, a layer one (L1) blockchain project has announced a collaboration with World Liberty Financial (WLFI), a Donald Trump-inspired DeFi protocol. The partnership aims to explore blockchain applications and decentralized asset management, with WLFI integrating Sui-based assets into its Macro Strateg...

World Liberty Financial (WLF), a decentralized finance platform associated with President Donald Trump, purchased $21.5 million in ethereum (ETH), wrapped bitcoin (WBTC), and movement network tokens (MOVE) on Thursday, just one day before the White House Crypto Summit focused on regulatory reforms. ...

The U.S. Senate overwhelmingly rejected an IRS crypto rule targeting DeFi, dealing a major blow to regulations critics say would cripple crypto innovation and threaten digital privacy. Senate Overturns IRS DeFi Rule With a 70-28 Vote The U.S. Senate passed a resolution on March 4, led by Senator Ted...

Uniswap Wallet has introduced off-ramp capabilities through a deepened partnership with Web3 payments provider Transak, enabling users worldwide to convert cryptocurrencies to fiat currencies directly within the app. Uniswap and Transak Expand Partnership The integration, announced Feb. 26 and effec...

The U.S. Securities and Exchange Commission (SEC) closed its investigation into Uniswap Labs on Feb. 25, 2025, ending a four-year probe without enforcement action, a move seen as part of a broader pivot toward crypto-friendly regulation under new leadership. Crypto Industry Sees Relief as SEC Drops ...

A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial Sector Conduct Authority (FSCA), decentralized finance (...

A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured conside...

Renç Korzay, CEO of Giza, emphasizes that ethical considerations in AI agent development must be “architecturally enforced.” He advocates for built-in user control and “security-by-design” to minimize regulatory burdens. ‘Architecturally Enforced’ User Security The rapid advancement of artificial in...