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Daily Defi News from Across the Web

Daily Defi News from Across the Web

T-Mobile Hacker Leaks Clients’ Data to Sale for 6 BTC

United States Telecommunication giant T-Mobile has suffered a massive breach from its servers, compromising over 100 million customer data.  As reported by Motherboard, the data compromised includes T-Mobile customer’s Social Security numbers, names, addresses,... Read more »

Former Goldman Sachs Staff Launch DeFi Platform Ondo with $4M Funding Round

Ondo Finance DeFi protocol, launched by two former Goldman Sachs employees, has raised $4 million through an equity funding round. This equity funding led by Pantera Capital, including other participators such as... Read more »

Polygon Network Contemplating the Idea of Creating DAOs

Polygon Network, a blockchain startup focusing on developing Ethereum scalability solutions, has expressed its willingness to create a Decentralized Autonomous Organization (DAO) model of harmonising communications amongst its growing community. As revealed... Read more »
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US SEC Boss Gary Gensler Calls to Regulate DeFi Projects

In an interview with the Wall Street Journal on August 19, the US Securities and Exchange Commission chairman Gary Gensler warned that decentralized finance (DeFi) platforms are not immune to oversight by... Read more »
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Coinbase Invests $500M in Cash and Cash Equivalents and to Allocate 10% of Quarterly Net Income in Crypto

Cryptocurrency exchange Coinbase said it has committed $500 million in cash and cash equivalents, and 10% of its quarterly net income will be invested in a portfolio of crypto assets. The announcement was released... Read more »
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Bloomberg and Galaxy Digital Floats Crypto Index for Decentralized Finance

The growing strides of Decentralized Finance (DeFi), a fast-growing offshoot of blockchain technology, has yet gained a boost as Bloomberg and Galaxy Digital joins forces to launch the Bloomberg Galaxy DeFi Index... Read more »
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Total Value Locked in Ethereum 2.0 Reaches Record-High as Gas Fees Decreased

More investment continues trickling in Ethereum 2.0, which has broken the record, as disclosed by Glassnode. The on-chain metrics provider explained: “Total value in the ETH 2.0 deposit contract just reached... Read more »
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Celo Co-Leads $100M Capital Raise with Other Major Crypto Protocols to Support DeFi Adoption

Celo, a mobile phone-focused blockchain platform, has announced a 100 million funding program, popularly known as the “DeFi for the people” fund, aiming to make DeFi accessible to the 6 billion smartphone... Read more »
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Alonzo Smart Contract Upgrade Goes Live on Cardano

The long-awaited Alonzo smart contract upgrade has gone live on the Cardano, ushering in the Proof-of-Stake (PoS) blockchain protocol era.  According to Input Output Hong Kong (IOHK), the company behind the Cardano... Read more »
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BSN Has Partnered with MetaverseSociety to Launch the South Korean BSN Portal Operator in November

On September 1, BSNbase announced that it has partnered with the Korean blockchain high-tech company MetaverseSociety to launch the Korean BSN portal operator in November, supporting Korean developers to quickly and efficiently... Read more »

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