Aleno Joins Pyth Network as Data Provider
Pyth Network adds Aleno as a data provider to enhance its price oracle for various financial and on-chain institutions. Pyth Network, a financial data oracle, has recently disclosed the inclusion of Aleno in its community of data providers. This information was shared with Finbold on July 1. Aleno will provide its proprietary data to assist […]
Blockchain Security Firm CertiK Moves Services to Alibaba Cloud
CertiK has transferred its cloud infrastructure in Asia to a cloud computing subsidiary of Alibaba to enhance blockchain development security and resource efficiency. CertiK will utilize Alibaba Cloud’s cloud resources to offer Web3 services and host its suite of 12 blockchain applications as part of the agreement. CertiK endeavors to offer its blockchain developers a […]
German Govt Transfers 400 BTC on Major Exchanges Amid Transfer Activity
German authorities transfer another 400 BTC to major cryptocurrency exchanges, bringing the total to almost 2,500 BTC. This ongoing liquidation activity occurs during a period of market turbulence. The German government has maintained its Bitcoin divestment initiative by transferring an additional 400 BTC to significant cryptocurrency exchanges. However, this is part of a continuous series of […]
Amber Japan Rebrands to S.BLOX, Expands Crypto Trading
Amber Japan, a Sony Group Subsidiary Amber Japan, rebrands to S.BLOX, and expands crypto trading as of July 1. Known for managing the crypto trading service WhaleFin, the Tokyo-based company intends to collaborate with various Sony Group businesses to expand its crypto trading operations. WhaleFin’s rebranding results from its acquisition by Quetta Web, a wholly-owned […]
Systemic Risks in DeFi From Platform Failures to Chain Instabilities
Understand the systemic risks in DeFi, from platform failures to chain instabilities and strategies for risk mitigation Decentralized finance (DeFi) has grown tremendously in recent years, offering innovative financial services outside traditional institutions. However, this rapid expansion brings systemic risks in Defi, from platform failures to chain instabilities. Understanding and managing these risks is important […]