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Reef Finance set to launch DeFi-focused blockchain solution Reef Chain

Reef Finance set to launch DeFi-focused blockchain solution Reef Chain
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China Merchants Bank launches $50 million fund focused on DeFi and NFTs

China Merchants Bank wholly-owned subsidiary CMB International has launched a joint investment fund with Nervos. The multi-million dollar fund will focus

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DeFi hacks on Binance Smart Chain rise as TVL and volumes increase

DeFi hacks on Binance Smart Chain rise as TVL and volumes increase While Binance Smart Chain expands its footprint, hacks on DeFi protocols housed on the network increase hand in hand. 38191 Total views Follow up Binance Smart Chain, or BSC, was launched in September 2020 as a parallel blockchain to Binance Chain. It enabled the creation of smart contracts and a staking mechanism for the native token of both blockchains, Binance Coin (BNB). In its brief nine-month existence, there have been a lot of decentralized finance, or DeFi, projects built on it, but there have been numerous instances of hacks on the blockchain’s protocols as well.

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