Key Points: In a startling development this week, Hashflow, a leading name in the DeFi sphere, faced a major exploit. Reportedly, digital assets worth $600,000 were illegitimately siphoned off. The firm, however, quickly reassured its users that all losses will be fully compensated. We’re addressing the current situation flagged by @peckshield. Please be assured that: 1. All users comprising the …
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In a decisive victory for DeFi company PoolTogether, a U.S. Federal Judge dismissed all charges lodged against it. The lawsuit, initiated in 2021, accused PoolTogether of facilitating regulatory evasion and deceiving consumers. Joe Kent, a previous Congressional staff member, had filed the case as a litmus test while lawmakers mulled over potential legal approaches to DeFi entities. CASE DISMISSED!!!! 🦜🦜🦜🦜🦜🦜🦜 …
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With ambitions to revolutionise the traditionally illiquid real estate market, Kenya’s Patamali is harnessing the power of Decentralized Finance (DeFi). Founded in November 2021 by visionaries Laura Omanga and Allan Musomba Mulei, the company has made significant strides by building its platform on the Celo blockchain. “🚨Big News Alert!🚨 Kenyas Patamali is taking over the real estate financing world with …
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Decentralized Finance, or DeFi, is a rapidly growing sector in the blockchain and cryptocurrency space. However, one of the biggest challenges that DeFi faces is how to obtain reliable and accurate data from external sources, which is necessary for smart contracts to function properly. This is where oracles come in. In this article, we will explore the role of oracles …
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The world of cryptocurrency has seen a lot of new developments in recent years, and two of the most interesting trends are yield farming and NFTs. Yield farming is a method of generating income by providing liquidity to a decentralized finance (DeFi) platform. At the same time, NFTs are unique digital assets that can be bought, sold, and traded like …
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