Wybo Wiersma – a 40-year-old Oxford University graduate – has been sentenced to four and a half years in prison after scamming over $2 million in crypto from unsuspecting victims. Following his arrest in 2019, the Dutchman was extradited from the Netherlands back to the United Kingdom (UK) in 2021. Following a five-year investigation by the South East Regional Organised Crime Unit (SEROCU), he pled guilty on January 26 to the Oxford Crown Court. A Five-Year Investigation As reported by…
Yield Farming
What is Yield Farming?
Yield farming is a strategy that involves providing liquidity to certain protocols on a decentralized finance (DeFi) platform, such as an exchange or lending platform, in exchange for rewards in the form of tokens or another cryptocurrency. These rewards are often generated through fees charged to users of the platform and distributed to liquidity providers as an incentive to continue providing liquidity. Yield farming can be a complex and risky strategy, as the value of the rewards may fluctuate significantly…
Block Education
@BlockEducation
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