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Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack

Pickle Finance DeFi Protocol Loses $19.7 Million In DAI Stablecoin in “Massive” Hack

Pickle Finance becomes the latest DeFi Protocol to suffer from hacking, losing almost $20 million in DAI stablecoin.

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance

"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.

Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

Tesla Bull and ARK Invest CEO Cathie Wood Thinks more Tech Companies Will Eventually Buy Bitcoin

CEO of Ark Invest Cathie Wood predicts that more firms will onboard the institutional wave backing Bitcoin, which will consequently drive up BTC's price.

Ways DeFi is Changing Finance and its Stand in 2020

Ways DeFi is Changing Finance and its Stand in 2020

Decentralized finance (DeFi) is the bridge between traditional centralized currency and decentralized cryptocurrencies like Bitcoin, Ethereum. Here's how it's changing finance.

Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal

Bitcoin Still has One Key Barrier to Institutional Adoption Even After MicroStrategy's Move, says Raoul Pal

2020 has been a year of institutional adoption for Bitcoin, as many entities have rushed near the second half of the year to invest in Bitcoin.

HK FinTech Week: What’s Next for Blockchain in Finance?

HK FinTech Week: What’s Next for Blockchain in Finance?

HK FinTech Week: What’s Next for Blockchain in Finance?

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

Institutional Investors Own 16% of Bitcoin’s Realized Market Capitalization

16% of BTC's realized market cap is now owned by institutional investors, according to the CEO of CryptoQuant.com.

Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

DeFi stands for decentralized finance, which owns the blockchain advantages, thus removes trusted third parties and more. DeFi will have profound impact to traditional financial industries.

Binance.US Offers Institutional Liquidity to Tagomi Users in a Partnership Deal

Binance.US Offers Institutional Liquidity to Tagomi Users in a Partnership Deal

Binance.US has partnered with Tagomi, a crypto brokerage firm, to offer institutional liquidity to its users in its cross-exchange trading platform.

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

India’s Finance Minister Says Crypto Ban May not Happen and Government May Experiment with New Technologies

India’s Finance Minister, Nirmala Sitharaman, has revealed that the government is not intending to completely ban cryptocurrencies.

VanEck Makes the Case for Institutional Bitcoin Investment

VanEck Makes the Case for Institutional Bitcoin Investment

VanEck has outlined the case for institutional Bitcoin (BTC) investment in a report published on Jan. 29. According to the investment management firm, even a small amount of BTC allocation could improve a portfolio's upside.

Institutional Bitcoin Index Launched by MVIS and CryptoCompare

Institutional Bitcoin Index Launched by MVIS and CryptoCompare

MVIS, the MV Index Solutions, the indexing division of VanEck, a US-based asset manager had partnered with CryptoCompare, a cryptocurrency market data provider, launched the MVIS CryptoCompare Institutional Bitcoin Index, dubbed ticker: MVIBTC.

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