Decentralized Finance

The First SEC-Registered Crypto Robo-Advisor Makara Launches Mobile App
Makara CEO and co-founder Jesse Proudman joins "First Mover" to discuss the new mobile app with a waitlist of over 20,000 people. The new app offers six thematic baskets of assets specifically weighted to bitcoin, ethereum and decentralized finance (DeFi) tokens.

Banking App Current Picks Polkadot for its DeFi Debut
Fintech firm Current announced that it will become more active in the Polkadot space. Current will serve as a validator on the Polkadot network and plans to integrate Acala, a Polkadot-based decentralized finance (DeFi) platform, into its banking app.

ING Report: DeFi Is More Disruptive to Banks than Bitcoin
A report published by Netherlands-based ING Bank concludes that decentralized finance (DeFi) is potentially more disruptive to the traditional banking sector than bitcoin. ING used DeFi platform Aave as a case study for its report. "The Hash" panel breaks down the contents of the report and discusses the role of institutions as "lego builders" in the DeFi sector.

Ether, on Winning Streak, Surges to Record Over $3.2K, Tops Bank of America on Market Cap
Ether's milestone comes with surging trader interest in the leading smart-contracts blockchain.

Binance Smart Chain's Spartan Protocol Loses $30M+ in Exploit
The attack happened just a few days after another DeFi protocol was attacked on Binance Smart Chain.

The Future of Money Is Unbundled
Money's three social functions – storing value, exchanging it and providing a unit of account – are unraveling, with dramatic implications, says EYQ's Insights Director.

Maker Price Passes $4K for First Time, as MakerDAO Brings Real Estate to DeFi
"Real world" assets have entered DeFi, as the Maker protocol reportedly just minted $38,000 of dai stablecoins to finance a mortgage loan.

‘Continuous Vampire Attack’: The AMM Wars Are Getting Interesting with Integral
Integral, a new automated market maker (AMM), went live Monday as decentralized finance (DeFi) traders race for early token rewards. The project is pushing the boundaries of ‘vampire attacks’ even further. “The Hash” team breaks down what this means and why this will be a continuing story to watch.

Wall Street, Big Tech Clamp Down on GameStop-Style Pumps; Biden Admin 'Monitoring' Situation
Market chaos fueled by a large group of Reddit traders faces strong opposition from Wall Street.

Value DeFi Suffers $6M Flash Loan Attack
The latest flash loan attack in the decentralized finance world has caused a total loss of $6 million.

