finance

Prisma Finance, a decentralized finance (DeFi) company, finds itself at the center of a cybersecurity storm. The DeFi firm has reported that approximately $540,000 of its funds are still vulnerable following a substantial $11.6 million…

The Ethereum Name Service has successfully concluded an 18-month legal dispute with Manifold Finance regarding the eth.link domain. The resolution came after the ENS’s decentralized autonomous organization members cast their votes, with a…

The integration of ChatGPT, a generative artificial intelligence tool, into the finance sector has been transformative. While its applications promise enhanced efficiency and novel services, they also bring a myriad of ethical challenges…

The Bank for International Settlements (BIS) has announced a suite of six pioneering projects for 2024, signaling a significant leap in the integration of emerging financial technologies such as quantum security, artificial intelligence,…

Yearn.finance (YFI), a major player in the Decentralized Finance (DeFi) ecosystem, experienced a dramatic 45% plunge in its value. This sharp decline saw YFI’s price fall from a high of $14,500 to a low of $8,300 within just a few hours.…

Bitcoin’s march onto corporate balance sheets could be hampered by the crypto’s legendary volatility, according to a survey by Gartner released Tuesday that found only 5% of business executives intended to invest in bitcoin as a corporate…