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CeFi
Cybersecurity Losses Surge to $2.1 Billion in 2024; WazirX Seeks Court Protection
- CeFi entities have experienced a nearly 1,000% increase in hacking incidents, including a $305 million breach at DMM Bitcoin, according to Cyvers.
- WazirX sought a six-month moratorium after a $234 million hack in July affecting 45% of customer funds.
Wednesday, 02/10/2024 | 08:17 GMT by
Tareq Sikder
World Federation of Exchanges Asks IOSCO to Tackle Conflict of Interest in CeFi
- IOSCO ended the consultation on its crypto policy recommendations in July.
- The SEC recently accused Binance and Coinbase of operating multiple unauthorized businesses.
Tuesday, 01/08/2023 | 14:44 GMT by
Solomon Oladipupo
Defi VS Cefi: Charting New Landscape?
- How do legal battles of exchanges on both sides of the Atlantic shape STOs?
Monday, 14/11/2022 | 14:45 GMT by
Finance Magnates Staff
The Current Crypto Cycle Delivers Hard Lessons on Commitment, Decentralization and Utility
- Bitcoin has no leadership figure, but Michael Saylor has played an influential role as a bitcoin advocate.
- DeFi is functioning as intended, centralized entities are being hit hard, and clear crypto utility is becoming more important.
Monday, 04/07/2022 | 15:30 GMT by
Sam White
New Narratives Emerge, but Crypto Utility Is Simple
- Deleveraging and corrections occur faster and more ruthlessly in crypto than in traditional finance.
- Questions around crypto utility are misguided, as the core utility of bitcoin and cryptos is fully decentralized money.
Thursday, 23/06/2022 | 14:30 GMT by
Sam White
DeFi vs CeFi: What is the Difference?
- DeFi and CeFi explained
Monday, 02/05/2022 | 09:45 GMT by
Finance Magnates Staff
Brokers Leveraging CeFi Products to Access DeFi Opportunities
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Friday, 11/03/2022 | 12:00 GMT by
Trustology
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