Major investment bank JPMorgan is exploring a future in “the new web” that would see users “freely traverse across digital realms in a trusted way, all using one digital identity in multiple places.”
Billionaire investor Chamath Palihapitiya believes that decentralized finance (DeFi) will eventually allow people across the world to monetize and financialize all of their assets, allowing them to be stored on the blockchain.
As cybercrime continues to be an important subject in the decentralized finance (DeFi) sector, the latest incident sees Moola Market being exploited for over $8.4 million. In a surprising turn of events, the majority of these funds were later returned.
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