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DeFi

US DOC’s Non-Regulatory Agency NIST Explores Trust, Security, And Safety Of Stablecoins

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A non-regulatory organization operating under the United States Department of Commerce, the National Institute of Standards and Technology (NIST), issued the earliest public draft indicating diverse considerations dealing with the implementation as well as the architecture of stablecoins. NIST Studies Stablecoins and Issues Findings on their Trust, Safety, and Security By conducting a study over … Read more

A Report Says Crypto Can Influence Voters In US Midterm Elections This Year

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Haun Ventures reported that it surveyed around 800 midterm voters (from 4 swing states of the United States). It asserted that the great majority of voters supported decentralization, as well as many of them, were HODLers themselves.  A detailed statement has been shared by Haun Ventures (a venture capital organization) about the survey results, conducted … Read more

DEX Aggregator 1inch Network Finds a Vulnerability In Profanity

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1inch Network, an aggregator for decentralized exchanges, issued a caution to the crypto investors following the detection of a vulnerability found in Profanity (a vanity address developing instrument for Ethereum). Notwithstanding the proactive caution, crypto tokens of up to $3.3M worth were taken away by the hackers. Profanity Tool’s Vulnerability Results in Exploit of $3.3 … Read more

DeFi Protocol Babylon Finance Shuts Down Its Operations

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Babylon Finance –decentralized finance (DeFi) protocol – has ultimately declared to stop its operations following making efforts for months to get rid of the negative impact originated by the exploit that was targeted at Rari Fuse. Ramon Recuero, the founder of the platform, stated that the venue went through an irreversible negative influence notwithstanding the … Read more

US FBI Issues Warning For DeFi Investors Targeted With $1.6B Exploits

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The United States-based Federal Bureau of Investigation (FBI) has published a unique caution for the investors connected with those decentralized finance (DeFi) projects which have been exploited for an enormous sum of nearly $1.6B during just the present year. In a public service declaration made on 29th August on the Internet Crime Complaint Center of … Read more

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