Sui Foundation and Franklin Templeton Team Up To Grow DeFi
Sui Foundation partners with Franklin Templeton to drive DeFi development. In four months, the Sui blockchain has seen 740% price increase and a 675% increase in TVL. The Sui Foundation has recently entered into a significant partnership agreement with Franklin Templeton Digital Assets, which will assist in developing DeFi solutions on the Sui platform. This […]
CFTC Commissioner Calls for US Crypto Policy Reforms
The CFTC’s Summer Mersinger urged the industry to interact with the incoming US administration and promoted organized crypto laws. Speaking at the North American Blockchain Summit on Nov. 21, CFTC Commissioner Summer Mersinger emphasized the need for standardized U.S. crypto policies to be developed through notice-and-comment regulation. CFTC’s Role in “Regulation by Enforcement” The Commodity Futures […]
Trump’s Election to Positively Affect DeFi, Gaming – Sky Mavis
Jeffrey Zirlin, the co-founder of Sky Mavis, a crypto gaming platform, predicts that Trump’s presidency will be most advantageous for blockchain gaming and decentralized finance. Zirlin told Cointelegraph at the YGG Play Summit in the Philippines on Nov. 21 that the “token design” sector would most likely benefit from the new crypto-friendly administration in the […]
Innovations in Risk Pooling and Premiums in Decentralized Insurance
Given the substantial risks involved with decentralized finance, insurance is required. This article examines the innovations in risk pooling and premiums in decentralized insurance. The insurance business has been one of the most stable elements of the financial services industry, guaranteeing safety to many users worldwide. However, technology has changed financial services, including insurance. As […]
Thala Labs Recovers $25.5M From v1 Farming Vulnerability Incident
Thala Labs, a decentralized finance firm, has successfully recovered $25.5 million in liquidity pool tokens from its v1 farming contracts. Thala disclosed in a post on Nov. 16 that it had experienced a “security breach” on Nov. 15 due to an “isolated vulnerability” in its v1 farming contracts. This vulnerability enabled the hacker to extract […]