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Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach
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Origin DeFi Protocol Loses $7 Million to Hacker in Security Breach

Origin Protocol is the latest DeFi platform to lose $7 million due to hacking. The company has said that it is working to restore the stolen funds.

Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges
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Chaintope Establishes Public Blockchain Protocol to Overcome Governance Challenges

Chaintope, a Japanese blockchain startup, has developed a public blockchain protocol known as Tapyrus to tackle some of the governance issues currently being witnessed in the blockchain space. For instance, some of the challenges noted in public blockchains include privacy concerns and sluggish transaction speeds.

Crypto Founder of Ethereum-Based Oyster Protocol Arrested for Tax Evasion in Exit Scam
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Crypto Founder of Ethereum-Based Oyster Protocol Arrested for Tax Evasion in Exit Scam

The founder of Ethereum-based smart contract platform Oyster Protocol has been arrested following an exit scam in which he reaped a multi-million dollar profit.

$140,000 in UNI Tokens Lost to a DeFi Yield Farming Scam: The Cautionary Tale of Jhon Doe
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$140,000 in UNI Tokens Lost to a DeFi Yield Farming Scam: The Cautionary Tale of Jhon Doe

A story of a DeFi yield farmer who lost $140,000 in UNI tokens while unknowingly participating in a fraudulent yield farming project.

DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack
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DeFi's Yearn.Finance Protocol Suffers $2.8 Million Flash Loan Attack

Yearn.Finance decentralized finance protocol suffered a $2.8 million loss after a flash loan attack, a scheme frequently seen in the fast-rising DeFi sector.

IOTA’s Next Generation Wallet—Firefly: What New Features to Expect
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IOTA’s Next Generation Wallet—Firefly: What New Features to Expect

Firefly, the new wallet comes with a range of improvements that will transform IOTA into an enterprise-ready protocol.

Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting
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Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).

Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps
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Algorand Protocol Stateful Smart Contract Upgrade Targets Scalable DeFi Solutions and Dapps

Algorand is entering the decentralized finance (DeFI) ecosystem with its new highly scalable stateful smart contract capabilities.

Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening
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Blockpass Supports Permissionless DeFi Protocol UniLend Fundraiser with KYC & AML Screening

HONG KONG, Nov 24, 2020 - (ACN Newswire) - Blockpass today announced a successful working partnership with UniLend, the decentralised finance (DeFi) platform. UniLend recently conducted a successful fundraiser, with Blockpass providing the requisite KYC and AML provision in order to meet regulatory compliance. By handling the compliance measures, the UniLend team were able to focus their efforts on the actual fundraising process.

Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?
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Exclusive: Did Facebook Copy Hedera Hashgraph's Governance Model?

When Facebook released Libra’s whitepaper, Hedera Hashgraph allegedly “thanks” Facebook for imitating their governance model. What is the story behind?

FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued
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FTX’s CEO to Reduce Sushiswap Supply, Analytics Firm Suggests SUSHI’s Price is Overvalued

A few days after receiving control over the Sushiswap protocol, FTX’s CEO Sam Bankman-Fried recently announced his ideas regarding the future of the protocol.

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