Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The second quarter of 2023 saw over $208 million exploited and hacked from DeFi protocols, and with just $4.5 million of funds recovered, total losses to exploits were over $204 million. The […]

Institutional trade volume on the OKX Liquid Marketplace has surpassed $3 billion, the second-largest crypto exchange by trading volume announced on Friday. The Liquid Marketplace is an on-demand liquidity network for professional and institutional traders. This platform allows traders to send requests for quotes (RFQs) to market makers for large digital asset transactions.  OKX Liquid Marketplace Experiences Rapid Growth In […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 A survey suggests that should the United States ever default, the public sees bitcoin as more of a “safe haven” than the U.S. dollar. Bitcoin Is a Bigger Safe Haven Than USD, Survey Says Things aren’t as strong as one would assume considering bitcoin only […]

As the bear market rages on, the die-hards, evangelists and Bitcoin believers just keep building. In this week’s episode of Decentralize with Cointelegraph, reporter Joe Hall spoke to CEOs, key opinion leaders and cryptographic visionaries at two of the world’s largest Bitcoin (BTC) conferences: Bitcoin 2023 in Miami, Florida, and BTC Prague in the Czech Republic. While BTC’s price has remained stubbornly […]

South Korea’s government is taking steps to protect cryptocurrency investors from implosions like Do Kwon’s Terra ecosystem by passing a new crypto bill. On June 30, the National Assembly passed the Virtual Asset User Protection legislation. The bill is designed to regulate unfair trade practices and protect crypto investors, the local news agency SBS Biz reported. The legislation reportedly integrates […]

Arbitrum (ARB)’s gains have been tempered by various challenges, hindering its further upswing. The declining inflows of stablecoins on the Arbitrum network have raised concerns among investors and enthusiasts alike, as it signals potential obstacles for the growth and development of the decentralized finance (DeFi) sector.  As a Layer-2 scaling solution for Ethereum, Arbitrum initially garnered significant attention and saw […]

The American central bank’s emergency fund for embattled banks has seen its highest level of distressed asset redemptions since its inception three months ago. The emergency lending program — known as the Bank Term Funding Program (BTFP) — was introduced in March amid the United States banking crisis which saw the collapse of Silicon Valley Bank, among others. The fund essentially is […]

Central bank digital currencies (CBDCs) may not solve any problems faced today, but could be the answer to ones not even fathomed yet, says the executive spearheading Australia’s CBDC pilot. Speaking to Cointelegraph, Dilip Rao, a former Ripple executive who’s now spearheading Australia’s in-pilot CBDC research project, believes a central bank-issued currency could be built for use cases not yet […]

Litecoin price is gaining pace above $90 against the US Dollar. LTC could rally further above $100 and rise toward the $110 resistance. Litecoin is steadily moving higher toward $100 against the US Dollar. The price is now trading above $90 and the 100 simple moving average (4 hours). There was a break above a key bearish trend line with […]