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PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals 

PitchBook Report: Crypto Fundraising Soars to $2.4B in Q1 2024 with Over 500 Deals 

Last updated: May 19, 2024 03:37 EDT | 2 min read The crypto market has experienced a significant surge in fundraising, reaching a whopping $2.4 billion in the first quarter of 2024, fueled by a shift in market sentiment and fresh inflows. According to a recent analysis by PitchBook, a leading data provider for private […]

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CFTC Report Reveals DeFi’s Achilles’ Heel: Lack of Accountability

CFTC Report Reveals DeFi’s Achilles’ Heel: Lack of Accountability

In its recent report, the Commodity Futures Trading Commission (CFTC) underscored a fundamental issue within DeFi systems, pointing to the absence of clear lines of responsibility and accountability intentionally overlooked by certain industry structures. The report emphasized the substantial risks that DeFi systems pose to consumers, investors, financial stability, market integrity, and the fight against

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BIS Research Report: Stablecoins Not Secure as Store of Value

BIS Research Report: Stablecoins Not Secure as Store of Value

Stablecoins. Source: Adobe / Grispb Fiat-backed stablecoins are “not a safe store of value,” according to a new research report from the Bank for International Settlements (BIS). According to the report, the BIS found that from January 2019 to September 2023, fiat-backed stablecoins were able to maintain their peg ratio only 94% of the time,

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