Decentralised Finance

Andean Medjedovic, 21, is accused of stealing $65 million from KyberSwap and Indexed Finance, facing wire fraud and hacking charges. The U.S. Department of Justice has labeled it one of the most complex cybercrimes, exploiting weaknesses in cryptocurrency platforms.

Crypto founders secured nine spots in Forbes' 2025 “30 Under 30” finance list, highlighting blockchain's rising impact on finance. Will the time come when crypto pioneers dominate the list entirely?

Coinbase has integrated Apple Pay, simplifying fiat-to-crypto transactions and improving user experience. The partnership removes previous transaction challenges and is live for all users, requiring no extra effort from app developers. Could this mark a significant shift in the payments landscape?

Polter, a DeFi app, was recently hit by a "classic" flash loan exploit, with Web3 experts citing price manipulation via oracles as the likely cause. The attack underscores vulnerabilities in how price feeds are managed in DeFi.

Consensys has announced a 20% workforce reduction, cutting approximately 162 employees, due to economic challenges and ongoing regulatory disputes, particularly with the SEC.

Donald Trump’s WLFI token sale raised $9 million, far short of its $300 million target, amidst website crashes and technical issues. With delayed support from Trump and access limited to accredited investors, scepticism grows over the project’s chances of recovery.

The Hong Kong Securities and Futures Commission (SFC) is poised to approve additional cryptocurrency exchanges before the end of 2024, according to CEO Julia Leung. Speaking on October 6 to local media outlet HK01, Leung confirmed that 11 platforms have already undergone on-site reviews, with further progress expected in their applications by year-end.

Visa, a global leader in digital payments, has unveiled the Visa Tokenized Asset Platform (VTAP), marking a significant milestone in the evolution of digital payments and blockchain technology. VTAP is set to enable financial institutions to issue and manage fiat-backed tokens on blockchain networks, bridging the gap between traditional fiat currencies and the emerging blockchain ecosystem. This innovative platform will play a crucial role in helping banks bring their services into the digital era by allowing them to experiment and integrate blockchain technology seamlessly into their operations.

Visa, a global payments powerhouse, is making significant strides in the evolving world of digital assets. In a key part of its expanding cryptocurrency venture, Visa has launched a new platform designed to help banks test tokenized assets and smart contracts.

TOKEN2049 discussions emphasized the need for stronger, more resilient permissionless AI systems. As AI rapidly advances, concerns over safety and ethical use raise critical questions about its future impact on society. Could AI pose a danger to humanity?