Finance

The post Unlocking the Potential of Decentralized Finance with STAKING AI appeared first on Coinpedia Fintech News Cryptocurrency has gained an inevitable place within the global financial ecosystem, and its benefits are increasing recognition across sectors. But what really makes cryptocurrency good, other than the hype in the headlines? One of the main reasons is that it can decentralize finance and, at the same time, provide high returns and make sure financial inclusion happens Additionally, cryptocurrency opens a window into…

Image: Space and Tokens Cenit Finance joins the Space and Time (SxT) product suite. Following the collaboration, Cenit will rebrand its platform to Space and Tokens.  SxT is set to provide verified on-chain data for the new platform. In an announcement Cenit Finance, a decentralized tokenomics simulation platform, announced it will be joining the Space and Time (SxT) product suite and rebranding its platform to Space and Tokens. The latest move aims at enhancing tokenomics for developers, providing them with…

Hong Kong, Hong Kong, August 16th, 2024, Chainwire Token Generation Event (TGE) will soon offer a revenue sharing mechanism Pichi Finance, a trustless points trading protocol offering price discovery to tokens Pre and Post-TGE, has announced the launch of its utility token, PCH, on Gate.io and MEXC and is available for trading from August 19, 2024, 16:30 UTC. This Token Generation Event and CEX listing follows the conclusion of the token’s public sale on Dao Maker. The TGE is a…

The post Future Finance DeFi Platform UnchainX Launches DEX (Decentralized Exchange) appeared first on Coinpedia Fintech News Future finance DeFi platform UnchainX successfully launched its DEX (Decentralized Exchange) on August 9, 2024. UnchainX is a DeFi platform on Binance Smart Chain (BSC) that allows anyone with internet access to easily trade cryptocurrencies with straightforward, secure, transparent, and fast transactions. On this day, UnchainX’s governance token, UNX, was listed on the UnchainX platform and continues to show growth. UNX debuted at…

The post Weekly Crypto Hack Report: From Convergence Finance to Terra’s $5M Loss appeared first on Coinpedia Fintech News Dark days for the crypto community as major hacks have unveiled numerous weaknesses in various broad venues. The exploits have not only been costing pretty tangible financial repercussions but have also caused trust deficits in these platforms. Tune in with us as we work and bring them out for you in our week’s hack report! Convergence Finance Breach Convergence Finance was…

A controversial proposal to allocate $24 million of Compound Finance's treasury has sparked allegations of a governance attack by a small group of token holders, raising concerns over the protocol's decision-making integrity.  Proposal 289 Controversy A recent proposal passed by the decentralized lending protocol, Compound Finance, has raised concerns about a potential governance attack. Community members allege that a small group managed to push through the proposal by amassing large numbers of tokens on the open market. The contentious issue…

The post Bitcoin in Hong Kong’s Financial Strategy: A Game-Changer for Digital Finance appeared first on Coinpedia Fintech News Crypto has been trying to become a part of the mainstream for a very long time.  Many countries are including Bitcoin into their pension funds. BTC and ETH ETFs are now trading. All these events are attracting more and more countries to adopt crypto into their ecosystem. Hong Kong is planning to include Bitcoin into their financial reserve now. Some days…

The post Sorta Finance Likely Planning Exit Scam on Arbitrum, Warns ZachXBT appeared first on Coinpedia Fintech News A DeFi project known as Sorta Finance based in the Arbitrum network is currently in the eye of the law after being accused of being an exit scam by crypto sleuth ZachXBT.  Community Alert: @Sorta_Finance is likely to exit scam on Arbitrum in the future so do not use the protocol.This scammer has previously stolen $25M+ with scams such as Magnate, Kokomo,…

Solana-based lending platform Solend rebrands to Save.finance.  The rebranding will be coupled with the expansion of products on the platform. A new stablecoin, liquid staking service and trading platform have launched.  In new developments in the Solana ecosystem, Solend, a protocol and platform for lending and borrowing crypto assets, has announced its rebranding to Save Finance. The name change will see the platform introduce three new products for users including a stablecoin, a liquid staking token (LST) and an app…