If you own a cryptocurrency that just got hacked — sell it. If you are considering buying a cryptocurrency after it got hacked, look for a better alternative.

Social media giant Twitter appears to be moving deeper into the payments business, as reflected by a registration filed this month with the U.S. Financial Crimes Enforcement Network (FinCEN).

If there’s a single thing I could do to better this industry, it would be to convince every custodial service provider in the cryptocurrency space to adopt a routine Proof of Reserve program.

Three world leaders of the banking industry are taking part in Project Guardian, an initiative from the Monetary Authority of Singapore (MAS) that aims to pilot use cases of digital assets and decentralized finance (DeFi).

DeFi yield platform Texture has raised $5 million in a round co-led by P2P Capital and Sino Global, and is now live in private beta testing.

Centrifuge has raised $4 million in a strategic round

The Trovio DeFi Fund offers wholesale investors the opportunity to allocate capital into a yield-generating strategy within the DeFi ecosystem.

MAS announced today that the first industry pilot under MAS’Project Guardian that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades.

Nomad realized that while header relays or light client were theoretically considered the most secure way to build cross-chain bridges, they were not scalable and difficult to deploy across heterogeneous ecosystems. Light client require expertise in proof-of-work and proof-of-stake implementation and are not friendly to new developers.

The most important aspect of this proposed token model is that it is sustainable. The staking incentives are more sustainable because they benefit those who are “first in, last out” as opposed to the typical accounting principle of First In, First Out (FIFO).