DeFI revenue surging in South Africa
The Financial Sector Conduct Authority (FSCA) expects revenue from decentralised finance (DeFi) to reach R52.3 million in South Africa this year, with over R500 million total value locked in DeFi investments already.
However, the FSCA does not expect user...
Polkadot's blockchain developer shedding 100 jobs
Parity Technologies, the blockchain infrastructure company behind the Polkadot platform, will cut 30% of its workforce, or about 100 employees, as part of its plan to “shift” focus to its technology.
The decision will affect teams including...
Big DeFi exchange “exploited” — token crashes
The native token of one of crypto’s top decentralised exchanges tumbled after the platform said it had been “exploited” as a result of a vulnerability in a programming language.
Curve Finance, like other decentralised finance projects in crypto...
Crypto protocol tries to take over R3.3 billion deposit with "emergency powers" — reverses after backlash
The record-setting rout in cryptocurrencies has put a slew of decentralized-finance applications and their communities in a race to protect themselves against a cascade of liquidations —...