Crypto hacks surpass $1.2B in 2024, Celsius repays $2.5B: Finance Redefined

The world’s negative-yielding debt has soared to over $18 trillion according to Bloomberg. In such times, it is no surprise that the decentralized finance space, a place where mouth-watering yields can be found, has become an investor favorite. Due to high investor demand, Coinbase pro has recently added support for several DeFi tokens. Expanding its offering…

The brand wants to offer financial services, including accepting deposits, financing loans, financial management and the exchange of crypto assets. 244 Total views 20 Total shares Own this piece of history Collect this article as an NFTJapanese tech giant Fujitsu filed a trademark application with the United States Patent and Trademark Office (USPTO), revealing its…

A major Chinese steelmaker settled a blockchain-based $16.87 million iron ore trade with the world’s second-largest mining group, Rio Tinto and Hancock Prospecting Pty. Ltd. 1913 Total views 30 Total shares In its first-ever, the Chinese steelmaker Nanjing Iron and Steel Company said it has completed an iron ore trade on the blockchain.The steel company…

The Argentine president, inaugurated on Dec. 10, has promised to disband the Central Bank but hasn’t made any official commitment to introduce Bitcoin-friendly legislation. 62 Total views 17 Total shares After libertarian Javier Milei was sworn into the presidential office in Argentina on Dec. 10, the local crypto community is hoping he’ll keep some of

Blockchain firms Algorand and Attestiv are teaming up to fight insurance fraud using DLT. 1808 Total views 32 Total shares Distributed ledger technology (DLT) firm Algorand has partnered with blockchain-based tamper-proof media verification platform Attestiv to target fraud within the insurance industry.The firms will combine their tech to develop a single platform for verifying digital…

Ethereum has just had its first major upgrade, or “hard fork,” since transitioning to a proof-of-stake system. The Shanghai upgrade allows validators to withdraw the staked ether (ETH) that has been locked in the network. While the primary objective of the upgrade is to implement Ethereum Improvement Proposal-4895, which unlocks validator withdrawals, the changes include…

The Raspberry Pi Foundation released a new, more powerful model of its miniscule single-board computer on June 24, which costs $35 a pop and has the capacity to run full nodes cheaply on the bitcoin (BTC) network.Earlier versions of the Raspberry Pi have been popular with bitcoin enthusiasts and decentralization advocates as it offers low-cost…

Walmart Canada — the retail giant’s Canadian branch — has rolled out an automated blockchain-based network for freight tracking and payments management, according to a Nov. 14 press release.The new system, which was developed in collaboration with blockchain company DLT Labs,  is designed to improve freight and payment processing, enabling users to automatically trace deliveries,…

A Bloomberg article was republished by its Chinese subsidiary using the title “Zhao Changpeng’s Ponzi Scheme.” 274 Total views 27 Total shares Binance chief executive Changpeng Zhao is suing Bloomberg Businessweek in Hong Kong, accusing the outlet of defamation.On July 25, the Binance CEO, known by the crypto community as “CZ,” sued Bloomberg Businessweek’s Hong…