Decentralized-finance (DeFi) aggregator 1inch Network has revealed plans to expand its reach in Asia. Speaking to Cointelegraph during Korean Blockchain Week (KBW) 2022 on Aug. 8,co-founder Sergej Kunz said that despite the DeFi market being relatively small in Korea and Asia, there are a number of Asia-based Web3 companies that 1inch is looking to partner with. However, Kunz also added […]

Ethereum-based algorithmic stablecoin project Beanstalk Farms has relaunched its protocol just under four months after going offline after suffering a devastating $77 million governance exploit. The protocol and its governance have been paused since April following the governance exploit and flash loan attack, but were relaunched as of Aug. 6 in an event called the “Replant.” In an announcement shared […]

In a recent interview, billionaire investor and entrepreneur Mark Cuban criticized the U.S. Securities and Exchange Commission (SEC) for the way it deals with crypto. Cuban is the majority owner of the professional basketball team Dallas Mavericks, as well as one of the “sharks” on the highly popular reality show “Shark Tank” (which is aired on the ABC television network). Cuban’s comments were made […]

Chainlink (LINK) is in an uptrend as the price is above the moving average lines. The uptrend has been resisted since July 30 at the $8.20 high. The current resistance level is the historical price level of May 16. Bulls have been unable to sustain upward momentum above the $8.20 high as Chainlink trades in the overbought area of the […]

Dogecoin (DOGE) is in an uptrend as the price breaks above the moving average lines. The cryptocurrency’s movement is stagnant due to the presence of indecisive small-body candles called doji and spinning tops. These candlesticks indicate that buyers and sellers have reached a phase of indecision. They are undecided about the direction of the market. The long candlesticks indicate strong […]

A recent research report by crypto exchange Kraken highlighted the highly impressive growth in Cardano’s on-chain activity. In February, Kraken Intelligence, the research arm of crypto exchange Kraken, released a 42-page research report titled “Cardano: A new generation in smart contract platform design”. After the introduction, the report examines Technology, Web3 Ecosystem, and Network Growth & Adoption. Here are some key highlights […]

Even with the onset of crypto winter, 2022 has been a watershed year for venture capital funding. Crypto and blockchain companies collectively raised $30.3 billion in venture capital in the first half of 2022, exceeding all of last year’s totals. While the number of deals has declined in recent months, startups at the intersection of blockchain payments, decentralized finance (DeFi) and […]

Cryptocurrency markets remain relatively flat this Saturday as Bitcoin holds the $23k support while Ethereum is climbing above the $1,700 range. The global cryptocurrency market cap is up 1.51% in the past 24 hours, currently valued at $1.1 trillion. The fact the global market is above the $1 trillion range confirms the short-term sentiment this weekend that will hold Bitcoin […]

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. This past week, the DeFi ecosystem saw two exploits, one after another, resulting in the loss of millions of dollars. First, cross-bridge token platform Nomad became a victim of what many deemed a decentralized […]