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. DeFi has become a prominent choice for investors after multiple centralized finance (CeFi) collapses throughout 2022. Some key interest areas for investors include “NFTfi,” […]

On March 10, Reuters reported that U.S. District Judge Lewis Kaplan had expressed concerns over the proposed bail conditions for former FTX founder Sam Bankman-Fried.  As previously reported by Cointelegraph on March 4, Kaplan — serving on the United States District Court for the Southern District of New York — […]

Ethereum co-founder Vitalik Buterin’s latest salvo against “shitcoins” has ended up with him simply being sent more of it. Only days ago, the Ethereum developer made moves to sell over $700,000 of tokens previously airdropped to him, causing the price of these tokens to fall.  Buterin has since continued his […]

Certain multisignature (multisig) wallets can be exploited by Web3 apps that use the Starknet protocol, according to a March 9 press release provided to Cointelegraph by Multi-Party Computation (MPC) wallet developer Safeheron. The vulnerability affects MPC wallets that interact with Starknet apps such as dYdX. According to the press release, […]

The Public Company Accounting Oversight Board (PCAOB), a watchdog that oversees audits of public companies in the United States, recently issued an advisory that warned investors about proof-of-reserves (PoR) reports issued by auditing firms. The PCAOB, which is backed by the U.S. Securities and Exchange Commission (SEC), pointed out that […]

Shiba Inu price surge nearly 2% while the crypto market struggle Shibarium’s launch is expected to give a major push for SHIB price The cryptocurrency market has taken a hit following the Federal Reserve’s warning of another interest rate hike. Bitcoin, in particular, has been affected and has dropped to […]

The registration dates for Mt. Gox creditors have been pushed back by another month. According to the announcement, the deadline has been pushed from March 10 to April 10, allowing creditors to file their claim for another month. Along with the extension for the registration deadline, the distribution deadline has […]

Xrp rose higher for a third straight session on Wednesday, as prices moved to a two-week high. The rise comes despite market sentiment remaining largely bearish, with the global market cap trading 1.29% lower as of writing. Shiba inu also climbed higher in today’s session. XRP XRP, formerly ripple, was […]

Lawyers representing FTX founder Sam Bankman-Fried have flagged it may be necessary to delay the criminal trial for the former crypto exchange executive — to give him more time to prepare his defense. In a Mar. 8 letter to United States District Judge Lewis Kaplan, Bankman-Fried’s lawyers said they weren’t […]

Six people involved in a cryptocurrency “Ponzi scheme” that raked in about $100 million over five years have pled guilty to a series of fraud and money laundering charges, each carrying a maximum sentence of 20 to 30 years of prison. One of the founders of “AirBit Club,” Pablo Renato […]