Ammalgam unleashes more DeFi by combining lending and trading in one protocol.

A federal judge dismissed a class-action lawsuit that alleged investors on Maker, one of the largest decentralized finance protocols, suffered some $8 million in losses because the platform misrepresented risks, according to a court document filed on Wednesday.

Investing in cryptocurrency can be a daunting task, and it can be difficult to know when to buy or sell.

Crypto has long been a speculation-based game with actual utility far and few between.

DeFi startup Huma Finance secured $8.3 million in a seed round to build an income-backed lending protocol.

Affine Protocol closed a $5.1 million seed round to build a decentralized protocol and app that offers users access to sustainable and diversified yields.

February 23, 2023 – OKX Wallet, a leading self-custody solution for digital assets in Web3, today announced a strategic partnership with Rocket Pool to enhance the efficiency of DeFi farming and improve the security of Ethereum staking. Rocket Pool, the first decentralized, trustless ETH 2.0 Proof of Stake Protocol, has integrated OKX Wallet on its website, allowing users to stake ETH in Rocket Pool directly via the OKX Wallet web extension.

Cookielabs, a web3 and DeFi advisory firm founded by Özcan Köme, is proud to announce its membership into the Crypto Valley Association (CVA) Switzerland. This membership represents a significant milestone for the company and its founder.

The founders behind the alleged $340 million “global Ponzi” scheme Forsage have been indicted by a federal grand jury in the District of Oregon. The four Russian founders — Vladimir Okhotnikov, Olena Oblamska, Mikhail Sergeev, and Sergey Maslakov — have been formally accused of having key roles in the scheme which raised approximately $340 million from victim-investors, according to a Feb. 22 Department of Justice (DOJ) statement. “Today’s indictment is the result of a rigorous investigation that spent months piecing together the systematic theft of hundreds of millions of dollars,” said U.S. Attorney Natalie Wight for the District of Oregon. (Cointelegraph)

The charges against the defendants carry a maximum penalty of 20 years in prison for each count of wire fraud and money laundering.