DeFi News – Decentralized Finance & Crypto
The activity on Arbitrum is on the rise. The Ethereum-layer-2 network has reached a new all-time high in terms of daily transactions. Arbitrum is also seeing an increase in unique Continue Reading →
It is now possible for Telegram users to transact with each other using Tether’s USDT. In a Wednesday announcement, the messaging platform informed its customers that it had added support Continue Reading →
Last August, the US Treasury sanctioned the Ethereum coin mixer Tornado Cash and banned Americans from accessing it. But what do platforms like Tornado Cash do, and why would any Continue Reading →
Sushi, the developer of Ethereum-based decentralized exchange (DEX) SushiSwap, revealed on Tuesday that it had been subpoenaed by the Securities and Exchange Commission (SEC), suggesting it could face regulatory enforcement Continue Reading →
Crypto advocates say the recent investors’ shift to the industry following the latest banking troubles could help boost Bitcoin’s “safe haven” status. The collapse of signature Bank and Silicon Valley Continue Reading →
In 2021, investors in Decentralized Finance (DeFi) lost over $10 billion in scams and thefts, according to an Elliptic report. And while scammers constantly come up with new ways of Continue Reading →
MetaMask is a top crypto wallet that serves as a gateway to the world of decentralized finance (DeFi) and Web3. Here is how the wallet works. What’s MetaMask? MetaMask is Continue Reading →
On Monday, the attacker that made away with over $197 million from Euler Finance last week sent an on-chain message to the company’s Ethereum address, offering to initiate negotiations. The Continue Reading →
In the last seven days, MakerDAO has recorded a decline in its annualized fee income, total value locked (TVL), and the supply of its stablecoin DAI, suggesting possible troubles for Continue Reading →
On Tuesday, the team behind the decentralized finance dashboard DefiLlama apologized for sending the DeFi community into confusion last weekend through a tweet that directed people to a newly launched Continue Reading →
On Sunday afternoon, the world’s largest cryptocurrency by market capitalization, Bitcoin, hit the $28,000 mark, levels it had not since mid-last year. As of this writing, the most famous digital Continue Reading →
On Sunday, drama emerged at DefiLlama as one of the project’s co-founders, Oxngmi, took to Twitter to urge people to use a forked version of the decentralized finance data platform, Continue Reading →
The Decentralized Finance (DeFi) encountered its own contagion event this week after hackers exploited lending protocol Euler Finance, making away with $198 million in crypto. It was a huge blow Continue Reading →
After weeks of posting losses, the crypto market turned green this week, with several coins posting substantial gains. Bitcoin, for example, increased in value by 37% over the past seven Continue Reading →
Aave is one of the largest decentralized finance (DeFi) protocols that allows users to borrow or lend crypto and real-world assets without going through a centralized broker. So when these Continue Reading →
On Friday, Ethereum founder Vitalik Buterin took to Twitter to tout the benefits that come with using social recovery and muti-sig wallets for the self-custody of cryptocurrencies. According to Buterin, Continue Reading →
The latest data from DappRadar shows that the recent downfall of Silicon Valley Bank and Circle’s USDC de-peg ended the hype around the non-fungible tokens (NFTs) while increasing activity in Continue Reading →
Yield farming involves lending crypto, usually via the Ethereum network. In traditional finance, when a bank issues a loan, the amount is repaid with interest. The same concept is applied Continue Reading →
On Friday, Marker’s governance community voted in favor of expanding US Treasury bond holdings to $1.2 billion. If fully approved, the proposal will enable Maker to more than double its Continue Reading →
The latest exploit on borrowing and lending protocol Euler Finance is still making headlines in the DeFi space. The March 13 attack saw the firm lose over $197 million in Continue Reading →
Last March, when the NFT market was booming, Solana NFT marketplace Formfunction revealed that it had raised more than $5 million in a funding round in which OpenSea and other Continue Reading →
Two days after DeFi project Euler Finance was exploited, with over $198 million stolen, the protocol has today sent a message to the hacker warning that it would launch a Continue Reading →
On Tuesday, Ethereum developers successfully launched the Goerli testnet, an extensive dress rehearsal of the network’s Shanghai Upgrade set to happen in April. Even though there was a small issue Continue Reading →
The traditional finance world runs on liquidity. So unavailability of funds would cause the financial systems to crash. The same is true for Decentralized Finance (DeFi), a term used to Continue Reading →
Facebook’s parent company Meta announced today a round of layoffs, hours after disclosing that it would wind down support for non-fungible tokens (NFTs). In a blog post, the tech giant Continue Reading →
