DeFi ‘Presents Huge Opportunities’, Says Australian Senator

Australian Senator Jane Hume extolled the potential of decentralized finance (DeFi) in her recent address to the Australian Financial Review.  Sponsored Sponsored The Liberal Senator’s speech celebrated the 70th anniversary of the financial journal, and highlighted the progress made by the country’s financial industry since then. Amongst other policies the government has implemented to contribute … Read more

DeFi Offers Opportunities But Needs Better Compliance, Says SEC Commissioner

DeFi Offers Opportunities, but needs better compliance, says SEC Commissioner Sponsored Sponsored SEC Commissioner Caroline Crenshaw believes DeFi has potential, but needs to address transparency and pseudonymity. In a recent article for the inaugural issue of “The International Journal of Blockchain Law,” Crenshaw laid out her perspective about decentralized finance (DeFi). While “DeFi presents a … Read more

CREAM Finance Addresses Recent Exploit

Decentralized finance (DeFi) lending platform CREAM Finance addressed the recent exploit it experienced, providing a ‘postmortem’ in a recent blog post. Sponsored Sponsored First, CREAM assured its community and partners that it had stopped the exploit. The lending platform also added that it was working with authorities to trace the attacker and had created a … Read more

BIC’s Video News Show: Poly Network Hack

In this episode of the BeInCrypto video news show, host Jessica Walker addresses the Poly Network Hack. Last week saw one of the biggest crypto hacks ever, with almost $600 million in crypto being taken from the Poly Network. As of this recording most of the money seems to have been returned, but there’s also … Read more

Step Finance Adds Augmented Reality NFTs to Solana Dashboard

Step Finance is adding augmented reality (AR) non-fungible tokens (NFTs) to its Solana (SOL) dashboard. Sponsored Sponsored Solana users will now be able to see their NFT assets included in their portfolio on the Step Finance dashboard. This integration will start with AR NFTs from Star Atlas metaverse, a next-gen gaming world that runs on … Read more

Kava Teams up With Simplex Enabling Fiat-to-DeFi Transactions

Fiat-to-crypto provider Simplex is teaming up with decentralized finance (DeFi) platform Kava to provide the first “Fiat-to-DeFi” ramp. Sponsored Sponsored An EU-licensed financial institution, Simplex provides a fiat infrastructure for digital currencies globally. This enables users to nearly instantly exchange their funds from debit and credit cards into crypto. Simplex already provides this service for … Read more