Following the collapse of the Terra UST stablecoin, PureFi team has wondered about the fate of the $3.5 billion in bitcoin held in reserve to help prevent just such an outcome. We have used the tools from Crystal Blockchain Analytics to track the move of the bitcoin reserves after the UST drop and visualize it for you. — 📖 Introduction TerraUSD (UST), an algorithmic “stablecoin” created by Terraform Labs, crashed this week. Designed to maintain a peg to the US dollar has fallen from $1 to a low of only $0.0004699, resulting in billions of dollars in losses to the UST holders.

We have received a grant to develop an analytical system that will eliminate bots abusing the rewards system — Anatha Torus. — PureFi, a decentralized protocol for onboarding institutional investors into DeFi through analytics, compliance, and security solutions, has received a monetary grant from Anatha to bring PureFi Token Analytics service onto their network and unlock its power for the better.

As part of our commitment to the community, we wanted to take some time to reflect on all product development that has occurred in the last couple of months, as well as highlight our plans for the future. — 🔎 Overview With each passing day, the regulations in the cryptocurrency industry are getting more stringent on all fronts. Last month, the European Parliament agreed to start negotiations with EU countries on rules that would allow the tracing and identification of crypto-asset transfers. — Europarl

PureFi, a company developing the only compliance protocol for mitigating risks within the sphere of decentralized assets, and CPAD, a community-governed launchpad for play-to-earn and NFT projects, are partnering up with a long-term goal of bringing transparency to the NFT market. CPAD aims to provide the safest and the most…

PureFi is thrilled to announce that it incorporates a Chainalysis oracle to enable users to easily validate they are not interacting with cryptocurrency wallets associated with sanctioned entities. PureFi, a decentralized protocol for onboarding institutional investors into DeFi through analytics, compliance, and security solutions, has incorporated a Chainalysis oracle, a…

PureFi, a decentralized protocol for onboarding institutional investors into DeFi through analytics, compliance, and security solutions, and Bancc, an all-purpose decentralized payment solution provider, have signed a partnership agreement concerning the improvement of the DeFi Section of Bancc’s products & services. The Bancc Decentralised platform is solving problems all around…

As we informed you in this article, our next product iteration is the KYC element. Now, we are glad to inform you that it is finally out — PureFi Credentials Verification SDK! — Our smart contract is deployed on the BNB Chain and will now be ported to the other EVM compatible and non-compatible blockchains in the near future. Сompliance within the DeFi space becomes more critical day by day. According to the most recent FATF regulations, VASP (virtual asset service provider) concept…

UFI -> LTT round p2p.purefi.io We are pleased to announce that UFI holders can participate in the exclusive PureFi Round for ZOA. The total amount of available tokens is 4 000 000 $ZOA, priced at $0.015, one of the most appealing offers to buy $ZOA before its IDO. …

PureFi enters into a collaboration with ZOA to ennoble the legal compliance of the Play-2-Earn game and NFT marketplaces PureFi, a decentralized protocol for onboarding institutional investors into DeFi through analytics, compliance, and security solutions, and ZOA, a PVP/PVE, Play-to-Earn, NFT-based auto battler, are entering into a mutually beneficial partnership…