Finance

Li Finance (LiFi) protocol is the latest decentralized finance (DeFi) platform to fall victim to hackers. A loophole in LI.FI’s pre-bridge swap smart contract was exploited by the rogue actor, enabling him to steal varying amounts of USDC, MATIC, RPL, GNO, USDT, MVI, AUDIO, AAVE, JRT, and DAI totaling $600k from 29 wallets, according to …

Li Finance DeFi Protocol Loses $600k to Hackers, Promises to Fully Reimburse Users Read More »

Strut Finance, a DeFi protocol built on Avalanche, has announced the completion of a $3.9 million seed round funding aimed at raising funds to develop structured decentralized finance (DeFi) products. A total of 24 investors participated in the seed round funding. The investors include Avalanche’s 200 Million Blizzard Fund, xVentures, Assymetries Technologies, Antler, AVentures Dao, …

Struct Finance raises $3.9M in seed round funding for structured DeFi products Read More »

Aaron Morby 1 day ago The University of Exter is starting procurement to find a partner to design, build, finance and operate nearly 1,790 new student rooms at its Streatham campus. Planned Clydesdale and Nashhalls of residence site off Stocker Road The development plans would involve the demolition of twelve accommodation blocks and three other …

Exeter Uni starts contest for £185m student rooms scheme Read More »

The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted. Treasury Department’s View on Crypto Use to Evade Sanctions Nellie Liang, Treasury …

US Treasury Official: We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions Read More »

QatarEnergy puts commercial interests above geopolitical ones TO SAUDI ARABIA, Qatar is little more than a sore thumb sticking out into the Persian Gulf. For decades, the kingdom has looked down on its neighbour as an irritating pipsqueak, with which it has little in common except the desert. Saudi Arabia has traditionally cut more of …

Why Saudi Aramco could be eclipsed by its Qatari nemesis Read More »

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Citizens Advice finds ‘ethnicity penalty’ in UK car insurance Read More »

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Biden’s Supreme Court nominee emphasises ‘neutral’ approach to cases Read More »

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Prologis enters hunt for Blackstone’s €21bn warehouse portfolio Read More »