Blockchain Research Firm ChainSafe Raises $18.75M To Support Web3
Canada based blockchain research and development firm, ChainSafe, has just secured $18.75 million in early-stage funding to expand blockchain infrastructure and Web3 gaming services.
DeFi News (Latest Publications)
Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.
In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of that happens around you.
Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.
There is a Boom in Web3 Development Despite Market Headwinds
The web3 developer community is more active now than it has ever been, even though both Bitcoin and Ethereum have lost approximately 70% of their value
DeFi Platform Mango Markets Lose $100 Million in an Exploit
A Solana-based decentralized finance platform, Mango Markets has been exploited for more than $100 million in a hacking attempt. Early reports suggest that the hacker was
UAE Dominates Web3 Ecosystem With Nearly 1.5k Companies: Report
Web3 platform Crypto Oasis revealed the dominance of UAE in the Web3 economy as it identified more than 1,450 active Web3 organizations with nearly 7,000 individuals.
Lido Finance Launches Layer-2 Ethereum Staking
Lido Finance, one of the largest Merge staking providers, has launched on two layer-2 networks, Optimism and Arbitrum that will reportedly improve its accessibility to Ethereum
BNB Smart Chain Resumes Operation After $100 Million Hack
The BNB Smart Chain became victim to a multi-million dollar hacking attempt, as the blockchain was exploited for around $100M. BNB is closely linked to the
NEAR Protocol Unites With Google Cloud to Boost Web3
Decentralized application (dApp) platform maker NEAR Foundation has revealed a collaboration between Google Cloud and its blockchain network, NEAR Protocol, giving a major boost to build
FBI Warns ‘Pig Butchering’ as a Popular Method for Crypto Scams
The Federal Bureau of Investigation (FBI) Miami Field Office in coordination with the Internet Crime Complaint Center (IC3) has warned that there is a sudden increase
Ghana Is About To Catch Up With the Other African States in Crypto Adoption
Several countries continue to ride on the crypto wave from all around the world. According to a recent research report by Chainalysis, it has been revealed
Jerome Powell Says DeFi Needs Proper Regulation
In a recent event, the Chairman of the United States Federal Reserve, Jerome Powell shared his views about the expansion of Decentralized Finance. He further talked
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