DeFi News – Decentralized Finance & Crypto
Key Insights: Recent data from market research firm Santiment indicates that the number of daily active Ethereum addresses rose to approximately 1,089,893 on September 13. This recent upsurge marks the Continue Reading →
Key Insights Binance’s head, Changpeng “CZ” Zhao, spoke in an X Spaces discussion amidst significant shifts in the crypto sector. Zhao’s examination of decentralized finance (DeFi) and centralized finance (CeFi) Continue Reading →
Key Insights: Curve Finance faced challenges in the decentralized finance (DeFi) sector after a recent hack. The company has managed to recover approximately $50 million of the initially lost $73.5 Continue Reading →
Key Insights: Stepping towards a more tech-oriented future, Oman is nearing the launch of its proposed regulatory framework for virtual assets. Oman’s Capital Market Authority (CMA) has drafted a comprehensive Continue Reading →
Key Insights: The TON Foundation has recently introduced a groundbreaking accelerator program worth $25 million, designed specifically for budding projects operating on the Open Network blockchain. This pioneering endeavour demonstrates Continue Reading →
The global financial crisis that occurred in 2008 led to the emergence of financial advancements such as crypto assets, including Bitcoin and Ethereum, among others. But these assets are highly Continue Reading →
As new Twitter CEO Elon Musk continues to make various controversial changes to the platform, some of its users have appeared to look for decentralized alternatives such as Nostr and Continue Reading →
The Polygon network is an Ethereum scaling solution that has seen massive adoption due to its ability to process transactions quickly and cheaply. And since these transactions are processed in Continue Reading →
On Thursday, the United States House Financial Services Committee turned its focus on stablecoins months after Republicans disapproved a bill (the Stablecoin Trust Act) that aimed to regulate this class Continue Reading →
Yearn.finance is one of the largest decentralized finance (DeFi) projects available today. Launched in August 2020, the protocol offers services such as yield generation, lending aggregation, and staking on Ethereum. Continue Reading →
Before a series of events last week, it had been a year since anything meaningful regarding the Chinese crypto ecosystem made headlines. The Hong Kong government made a major policy Continue Reading →
On Monday, crypto exchange Bittrex became the latest victim of the US Securities and Exchange Commission’s (SEC) enforcement actions. The regulator filed a lawsuit against the Seattle-based company, labeling six Continue Reading →
One of the blockchain’s major promises is to make tools used in the traditional financial sector accessible to everyone. Decentralized Finance (DeFi) is the term used to describe this revolution Continue Reading →
Gary Genser, the Chairman of the US Securities and Exchange Commission (SEC), made it clear in January that he would get tough on crypto this year. Yesterday, he announced that Continue Reading →
FTT, the native token of the now-bankrupt crypto exchange FTX is in free fall again. However, the latest slip is not as catastrophic as November last year when the exchange’s Continue Reading →
The oldest and the largest blockchain Bitcoin uses a PoW (proof-of-work) consensus mechanism, meaning it is secured by mining. However, the newest blockchains have adopted an alternative mechanism called PoS Continue Reading →
According to Dune data, the cumulative volume for taking loans against NFTs reached $1 billion this week. The data indicate that top NFT liquidity providers BendDAO and NFTfi, along with Continue Reading →
This week, Ethereum’s most awaited Shanghai upgrade will be completed, enabling stakers to withdraw their ETH from the blockchain and essentially bringing to a close the network’s two-year transition to Continue Reading →
Over the weekend, Decentralized exchange Sushiswap became the latest victim of hacks after its ‘RouterProcessors2’ contract got exploited, with the attacker draining more than $3.3 million in ETH from one Continue Reading →
According to data from DeepDAO, the cumulative amount of funds across all decentralized autonomous organizations (DAOs) reached a new high of $25 billion last week, up from $10.3 billion hit Continue Reading →
One of the most used open-source frameworks for creating DAOs (decentralized autonomous organizations), Aragon, announced Thursday plans to launch its new toolkit on Polygon, an Ethereum layer-2 network. Aragon rolled Continue Reading →
Blockchain technology has unlocked new models for ownership and organization. The platforms, services, and products from such models are owned and operated by their users. These users come from various Continue Reading →
A platform that is designed to launch new cryptocurrency projects or tokens is referred to as a launchpad. Initial coin offerings (ICOs), initial decentralized offerings (IDOs), initial game offerings (IGOs), Continue Reading →
Lots of crypto traders consider losses as the main cost of doing business in the crypto industry. However, there are lots of deficiencies in the crypto market that are yet Continue Reading →
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 →
