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Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?

Will the Impact of Yearn Finance's yETH Vault on the DeFi Space Last Long?

Yearn.finance, a decentralized finance (DeFi) protocol, has recently launched yETH vault, enabling the process of seeking the best returns for yield farmers

GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking

GFT and Thought Machine Partner to Drive Digital Transformation in U.S. Banking

GFT and Thought Machine are collaborating to propel U.S. banks into the digital age, departing from legacy systems in favor of cloud-native solutions. Traditional banks are now focusing on introducing innovative financial experiences to gain a competitive edge. The partnership offers three paths to digital transformation, with GFT being a leading implementation partner of Thought Machine's Vault Core. This technology enables the launch of digital-first banks or migration from legacy systems. The partnership has achieved significant milestones, including certifications and completed projects. Traditional banks are poised to leverage their expertise and regulatory frameworks by embracing digitization.

Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking

Yearn.finance Proposal to Create ETH 2.0 Validator Vault Could be a Game-Changer for Staking

Retail investors could soon have the opportunity to earn on ETH 2.0 if a proposal on Ethereum 2.0 validator vault on Yearn passes.

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

Core Scientific Partners with Foundry in Financing Deal up to $23 Million

The financing from Foundry will enable Core Scientific and its clients to continue shifting global mining operations to North America

InvestHK announces core events of extended StartmeupHK Festival 2020

InvestHK announces core events of extended StartmeupHK Festival 2020

Invest Hong Kong (InvestHK) today (January 20) announced details of next month’s StartmeupHK Festival, its influential annual showcase of what’s new and what’s next in the world of start-ups. Entering its fifth year, the StartmeupHK Festival this year has been extended to six days and features seven core events that will present the latest ideas, trends and innovation to an audience from around the world.

Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High

Dai Stablecoin Reaches 100 Million in Debt Ceiling – An All-Time-High

The Dai (DAI) stablecoin reached the protocol’s built-in debt ceiling of 100 million as there has been 100 million Dai tokens minted. The nearly two-year-old stablecoin project had an original debt ceiling of 50 million, which was raised to 100 million in July 2018.

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

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.

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

Binance Freezes Withdrawals and Suspends Core Services As Crypto Market Runs Hot

As the cryptocurrency market reaches all time high retail interest, exchange giant Binance has announced a temporary suspension of services for maintenance on its platform.

Ripple to Build The Core Ledger that Will Power Central Bank Digital Currencies

Ripple to Build The Core Ledger that Will Power Central Bank Digital Currencies

Ripple has been making headway in pursuing projects involving central bank digital currency issuances.

Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System

Tik Tok Pushes Harder for Blockchain Despite Vulnerabilities in Core System

Hundreds of millions of users are using Tik Tok, meaning that any breach of data could lead to serious vulnerabilities for users and the company.

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany's Federal Ministry of Finance Puts Digital Security Adoption at Core of Blockchain Strategy

Germany’s Federal Ministry of Finance (BMF) and the Federal Ministry of Justice and Consumer Protection (BMJV) have introduced a bill that highlights the adoption of digital securities as a crucial element of Germany’s blockchain strategy.

Aave Makes History as Core Developers Transfer Governance to Token Holders

Aave Makes History as Core Developers Transfer Governance to Token Holders

DeFi project Aave, has transferred the protocol’s governance rights over to its token holders, allowing the community to control the future of the network.

BIS and Central Bank Research Identifies Principles and Core Features For CBDC Issuance

BIS and Central Bank Research Identifies Principles and Core Features For CBDC Issuance

The BIS along with seven central banks has released a report identifying the principles necessary for CBDCs to help central banks meet their public policy objectives.

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