At Finance Redefined, we’re pleased to provide you with our weekly digest of crucial DeFi (Decentralized Finance) updates. Stay informed on the latest developments in this dynamic sector. Similar to Ethereum’s busy period in 2017, Solana is currently dealing with network congestion that has persisted for nearly a week, resulting in a large number of … Read more
Buying pressure on SHIB was high last week. Market indicators hinted at a few slow-moving days ahead. Over the last several months, memecoins have continued to be a highly sought-after category in the crypto world due to their surging popularity. One notable memecoin that gained significant traction on social media was Shiba Inu [SHIB]. But … Read more
In the Southern New York District Court, Computer security engineer Shakeeb Ahmed received a sentence of three years in prison, with an additional three years of supervised release. This punishment was imposed after Ahmed was found guilty of carrying out flash loan attacks on Decentralized Crypto Exchanges and Nirvana exchanges during the year 2022. (Or: … Read more
The Paris Blockchain Week, a three-day exclusive conference with panel discussions, debates, and speeches from an array of international blockchain experts, has wrapped up its fifth successful run. During Blockchain Week in France, CryptoMoon was present to record the notable moments, and there were indeed many. As we move forward with new dates in our … Read more
Cardano founder claims that legacy media ignores the L1 network Hoskinson cites Cardano’s Japan roots, tech stack and philosophy as reasons for media blackout. In the year 2024, Cardano [ADA] faced significant negative hype and misinformation (FUD). The term “junk” or “dog sh*t” was used to describe it by some, while others labeled it a … Read more
An Australian mining magnate, Andrew “Twiggy” Forrest, has withdrawn a lawsuit against Meta over allegations of fraudulent cryptocurrency advertisements featuring him. These ads reportedly caused significant financial harm to unsuspecting individuals. However, the prosecution argued that there wasn’t enough evidence to support the claim. In February 2022, Forrest, Australia’s second-wealthiest individual and chairman of Fortescue … Read more