DeFi News
DeFi News
23 Jun 2023
Sturdy Finance DeFi Protocol Loses More Than $750,000
Sturdy Finance DeFi Protocol is a decentralized finance (DeFi) protocol that aims to provide a secure and robust financial infrastructure on the blockchain. The protocol utilizes smart contracts and
DeFi News
23 Jun 2023
Global Crypto Regulations for DeFi Backed by France’s Markets Regulator
France's market watchdog, the Autorité des Marchés Financiers (AMF), has said that it fully backs global crypto regulations for DeFi. The goal is to keep users safe and help this new and exciting
DeFi News
07 Jun 2023
Exploring DeFi Platforms: The Rise of Decentralized Finance
Decentralized Finance (DeFi) has emerged as a revolutionary concept that challenges traditional financial systems by leveraging blockchain technology. In this article, we will delve into the world o
DeFi News
30 May 2023
Is DeFi Different from Crypto? Exploring the Distinctions and Overlaps
Cryptocurrency has emerged as a revolutionary form of digital currency, disrupting traditional financial systems and introducing new possibilities for transactions and investments. On the other hand
DeFi News
26 May 2023
Namada, Osmosis to Co-fuse Blockchain to Fund Public Goods
Namada, a blockchain company with an emphasis on privacy, is looking to form a partnership with Osmosis in order to fund software "public goods" and distribute its planned NAM coin free of charge to
DeFi News
24 May 2023
How to Make Money with DeFi?: A Comprehensive Guide
DeFi, short for Decentralized Finance, refers to a system of financial applications and protocols built on blockchain technology that aims to recreate traditional financial instruments and services
DeFi News
18 May 2023
US DOJ Battle Against DeFi Hacks and Thefts
The United States Department of Justice has taken note of the alarming rate at which DeFi hacks are occurring. According to various reports published not long ago by the Financial Times. The Departm
DeFi News
12 May 2023
DeFi Pulse: Empowering Investors with Real-Time Insights
Decentralized Finance (DeFi) has emerged as one of the most transformative innovations in the financial industry. With its promise of open, permissionless, and censorship-resistant financial service
DeFi News
29 Apr 2023
UK Considers Taxation Revisions for DeFi Lending and Staking-Here’s Why
According to a document of consultation, the government of the United Kingdom is looking for feedback on whether or not taxes should be changed for decentralized finance (DeFi) lending and staking.
DeFi News
26 Apr 2023
Ondo Finance Introduces Yield Generating Stablecoin-How Does it Work?
Ondo Finance, a supplier of decentralized financial infrastructure (DeFi), has unveiled a novel kind of yield-generating stablecoin, which provides institutions with a mechanism to profit from the r
DeFi News
21 Apr 2023
Hundred Finance Suffers in Optimism Hack-Here’s What Happened
Multi-chain lending protocol The cryptocurrency exchange known as Hundred Finance has been hacked, resulting in the loss of almost $7 million worth of digital currency. Hundred Finance Suffers in
DeFi News
12 Apr 2023
DeFi Risk Management: Best Practices for Secure Participation
Decentralized Finance (DeFi) has emerged as a groundbreaking innovation in the world of finance, leveraging blockchain technology to enable borderless, permissionless, and transparent financial tran
DeFi News
10 Apr 2023
SushiSwap Exchange Suffers Major Hack-What Happened?
As a result of a hacker taking advantage of a flaw in a smart contract, the popular decentralized exchange (DEX) platform SushiSwap has sustained damages of more than $3.3 million. To be more exa
DeFi News
09 Apr 2023
US Treasury Report: North Korea and Scammers Using DeFi to Launder Dirty Money
The United States Treasury Department has disclosed that North Korean hackers and scammers make use of vulnerabilities in the decentralized finance (DeFi) area in order to conceal illegal activity a
DeFi News
02 Apr 2023
Crypto Scammer Gets Away with $1.2M in ARB Tokens-Here’s What Happened
A relatively new sort of cyberattack has been used to steal ARB tokens worth $1.2 million. This type of attack modifies wallet addresses in order to steal funds, and it was carried out by a hacker.
DeFi News
21 Mar 2023
DefiLlama Co-Founder Exposes Internal Rift over Token Launch-What’s Going On?
An internal disagreement amongst key members of the DefiLlama team has been revealed, which has raised the possibility of a hostile takeover of the DefiLlama decentralized finance (DeFi) resource.
DeFi News
18 Mar 2023
Axie Infinity Hack and $200 Million Euler Exploit Wallet Addresses Strangely Interact
The discovery of contacts between wallet addresses linked to the current breach of Euler Finance and the breach of Axie Infinity's Ronin Network a year ago has fueled concerns that North Korean cybe
DeFi News
14 Mar 2023
Former CEO of Babel Finance creates New Stablecoin-How Does it Work?
A new decentralized stablecoin has been announced by Flex Yang, the former CEO and founder of Babel Finance. This new stablecoin is backed by crypto-native reserves, and a whole DeFi ecosystem has b
DeFi News
02 Mar 2023
French police arrest two suspects over Platypus Finance hack
Platypus Finance, which is a decentralized finance (DeFi) protocol for stablecoins, disclosed yesterday that French authorities had arrested and summoned two suspects who had reportedly exploited th
DeFi News
01 Mar 2023
How Another Ethereum DeFi Summer Can Power the Next Big ETH Price Rally
Even though the bear market in 2022 has been very bad, smart contract activity on the Ethereum blockchain is still pretty good. This is because Ether (ETH), which was last trading in the low $1,600s
DeFi News
19 Feb 2023
Platypus DeFi Platform Targeted by $8.5M Flash Loan Attack with Surprising Twist-Here’s What Happened
After being targeted by a flash-loan assault, the decentralized finance (DeFi) protocol, Platypus Finance, incurred a loss of $8.5 million. On the other hand, with the assistance of certain on-chain
DeFi News
13 Feb 2023
Clearpool Chooses Polygon: The Future of Institutional DeFi Lending
Clearpool, a decentralized finance (DeFi) protocol, has informed CoinPosters in a statement that it will launch its institutional credit platform Prime exclusively on the Ethereum scaling tool Polyg
DeFi News
27 Jan 2023
DeFi Lender Aave Launches V3 on the Ethereum Network
Following the unanimous approval of a governance proposal, the decentralized lending and borrowing protocol Aave has launched its third version on the Ethereum network. When staking or borrowing
DeFi News
20 Jan 2023
DeFi’s Replacement in 2025: What it Could Look Like
After FTX left the business, the DeFi space is getting a complete makeover because crypto users want better security and compliance. After what happened in the crypto space in 2022, many investor
DeFi News
17 Jan 2023
Rocket Pool and Coinbase Partnership Could Outpace Lido?
Coinbase Ventures works with Rocket Pool, the third largest Ethereum liquid staking protocol by trade value locked (TVL). Coinbase Ventures will join Rocket Pool's Oracle DAO, according to a message
DeFi News
25 Nov 2022
How to earn on DeFi for the next bull run
A Guest post by Comistar Estonia Since the 2020 “DeFi summer” (prices rocketed gazillion times). At its peak in December 2021, the total value locked (TVL) in decentralized finance protocols reached
DeFi News
28 Sep 2022
An Introduction To Decentralized Finance (DeFi)
Decentralized finance, or DeFi for short, is an emerging field that allows participants to make financial transactions directly with other people, eliminating the need for a middleman. DeFi is quick
DeFi News
04 May 2022
India intends to levy a 20% tax on DeFi transactions
The Central Board of Direct Taxes (CBDT) of India intends to charge a 20% tax on interest received from investments in decentralized finance (DeFi). The Economic Times, a local news outlet, reported
DeFi News
02 May 2022
DeFi Lending Platforms Lost Over $80M in the Recent Attack
DeFi exploits have been a recurrent issue this year, with roughly $1 billion lost in in the first quarter alone. BlockSec, a blockchain analytics and security firm, disclosed a new $80 million DeFi
DeFi News
01 Apr 2022
Wave Financial Gets $100M Fund for Cardano DeFi Ecosystem
Wave Financial has established the Wave ADA Yield Fund to assist with the development of innovative decentralized finance (DeFi) projects on the Cardano network. Wave Financial Group is an SEC-re
DeFi News
17 Mar 2022
Nuvei collabs with Ledger to provide direct crypto on-ramp
Nuvei Corporation ("Nuvei" or the "Company") (Nasdaq: NVEI) (TSX: NVEI) today announced a partnership with Ledger, the leading hardware wallet provider, to enable direct on-ramps for 125+ cryptocurr
DeFi News
15 Mar 2022
Deus Finance suffers a $3 million loss due to price exploitation
Another DeFi exploit, another day. This time, it's Deus Finance, a Fantom blockchain-based DeFi technology. According to a Tuesday update from blockchain security firm PeckShield, the hacker stol
DeFi News
07 Mar 2022
DeFi Godfather Exits The Crypto Space
Two of the industry's most accomplished developers are leaving the DeFi field. Andre Cronje, the self-described "DeFi architect" who rose to notoriety as the founder of the yield optimization protoc
DeFi News
05 Jan 2022
Aave Has Announced That It Is Developing a Mobile Wallet
In order to go mainstream, Aave is bringing DeFi closer to individuals in 2022. To the delight of its community, the project has announced the development of a mobile wallet. With the announcemen
DeFi News
18 Dec 2021
Lambda 256 Raised US$ 60 Million
Lambda 256 has managed to raise new funding to the tune of US$ 60 Million. Lambda 256 is a company under Dunamu. Dunamu runs South Korea’s crypto exchange called Upbit. Lambda256 is the company unde
DeFi News
18 Dec 2021
Nexo & Three Arrows Launch NFT Service
Three Arrows Capital and Nexo have partnered together and released a service. Nexo is a platform for exchanging and borrowing cryptocurrency. Three Arrows Capital is a hedge fund. The service that t
DeFi News
17 Dec 2021
US Lawmaker thinks DeFi is Dangerous
Elizabeth Warren, the Massachusetts Senator criticized decentralized finance technology with concerns about the safety of investors that are affected by the demand for stablecoins. Concerns about
DeFi News
15 Dec 2021
Crypto Developments in the USA
Early in December leaders in crypto service provision met with the United States lawmakers on the 8th December. These leaders met with legislators in the House of Representatives Financial Services
DeFi News
13 Dec 2021
Stack’s Executive on DeFi Bridges for Bitcoin holders
Bitcoin has a robust framework with various elements comprising it, including Stacks. A collection of independent components, developers, and members of the community collaborate to create a user-ow
DeFi News
05 Dec 2021
What Will Ethereum do in the Metaverse
Ethereum is one of the world’s top cryptocurrencies. It is a smart-contract blockchain. Its framework consists of an emphasis on security and a decentralized environment for various applications. At
DeFi News
05 Dec 2021
The Future is Fast in Finance
We are in a different era from what the world had previously known when it comes to finance. Now, people expect a certain level of efficiency when transacting. Modern technology, especially incorpor
DeFi News
01 Dec 2021
Are Emerging Concerns and Regulations Fitting?
When it comes to sanctions, regulators can not enforce regulations, when it comes to crypto. For this reason, organizations like the International Monetary Fund (IMF) and the World Bank have issues
DeFi News
30 Nov 2021
The Changing Face of Finance
In the world of crypto finance, quite a lot is happening. CryptoRank released insights that showed that over 1 million Ether has been burned since August of this year. This amounts to US$ 4.24 Bill
DeFi News
30 Nov 2021
Exchange Traded Funds Gaining Ground
The New York Stock Exchange had a new stock listed on the 19th of October 2021, that’s worth noting because of how progress the type of asset is. This was the ProShares Bitcoin Strategy EFT (BITO).
DeFi News
27 Nov 2021
Bitcoin set on surpassing Mastercard on Value transferred
Bitcoin and other cryptocurrencies may not be mainstream yet globally but somehow Bitcoin has managed to surpass Paypal in the volume of dollar value transfers and may one day surpass Mastercard.
DeFi News
27 Nov 2021
How to Improve DeFi security?
Security innovations lag when it comes to DeFi which is flourishing. Can it catch up? Creating crypto is not without its challenges. It is not easy. Those interested in taking up the venture must ha
DeFi News
24 Nov 2021
Is Cryptocurrency a Partisan Issue?
Cryptocurrency a Partisan Even though Hillary Clinton is no longer a leader of the Democratic Party, her voice counts. Unfortunately, her opinion may be more divisive than anything else for lawmaker
DeFi News
24 Nov 2021
Token reDeFines DeFi with innovation to preserve people’s money
Token reDeFines DeFi with innovation. Whilst the United States experiences inflation more acutely, deflationary assets offer opportunities at creating wealth even in these uncertain times. As
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