Euler Finance bounces back from flash loan attack, introduces modular vaults

News headlines have recently covered how China's struggling economy poses significant risk to global growth. Economic activity and the flow of credit in the region are weakening and analysts are not convinced that the Chinese government’s interventions are a sufficient fix for what appear to be structural problems. For instance, industrial output in July increased by…

This interview has been edited and condensed.Hyperledger, an open source project, was created in 2016 by the Linux Foundation in order to support the development of blockchain-based distributed ledgers. All the members of Hyperledger — including such major actors as Intel, Accenture, JPMorgan Chase, Hitachi, Fujitsu, Alibaba Cloud, Citigroup, Deutsche Telekom and many others —…

The Backpack crypto wallet has bagged operational licenses across several jurisdictions worldwide over the past five months, according to the company announcement. 105 Total views 1 Total shares The Dubai Virtual Assets Regulatory Authority (VARA) has issued a Virtual Asset Service Provider (VASP) license to the crypto wallet Backpack, resulting in the launch of Backpack

Dormant PunksNonfungible token (NFT) sleuths have dug up an old wallet from 2017 that minted 141 CryptoPunks for 0.02 ETH, which was around $7 at the time when the project launched. According to the Twitter user Nansen Intern from the analytics platform the wallet is now valued at 11,300 ETH, or around $14.7 million at…

It is a goal of many in the crypto industry to evolve the space and bring it into the mainstream, but the industry still faces constant criticism from and continues to be regulated by individuals who may not fully understand how it works. Regulatory bodies worldwide have been increasingly vigilant in addressing potential risks and…

Recently, crypto traders have shown a lot of enthusiasm for decentralized exchanges, or DEXs. The enthusiasm is warranted. We’re starting to see the fruits of many years of hard work pay off with DEX trading volume and use increasing every day. In spite of this growth, the vast majority of crypto trading still takes place on…

Securities and Exchange Commission (SEC) chair Gary Gensler could be facing unemployment after United States Representative Warren Davidson declared he would introduce legislation to fire the SEC boss.In an April 15 tweet responding to Coinbase’s legal chief, Paul Grewal, the crypto-friendly Representative announced his intention to have Gensler removed from his role after the SEC's…

The three-year old Common Reporting Standard is uncovering offshore assets on a massive scale, highlighting cryptocurrencies as a potential alternative. 213 Total views 2 Total shares The Organization for Economic Cooperation and Development, or OECD, reported on Tuesday how automatic reporting in 2019 helped uncover $11 trillion worth of assets in offshore accounts.The result came…

The pressure induced by the ongoing economic crisis, obsolete trade finance systems and mounting geopolitical tensions is pushing the international trade finance industry down a rabbit hole. To add to the already critical situation, recent trade finance scandals involving major players such as Hin Leong, ZenRock, Agritrade and Hontop Energy amounted to a loss of almost…