DeFi News – Decentralized Finance & Crypto
Key Insights: Zyfi, a Paymaster-as-a-Service platform on zkSync, has raised $2 million in a private funding round. Prominent investors, including Everstake Capital and Tenzor Capital, led the round. Zyfi is Continue Reading →
Key Insights The newly launched Iggy Azalea memecoin, Mother Iggy (MOTHER), has been scrutinized due to insider trading. According to blockchain analytics platform Bubblemaps, an insider sold around 10% of Continue Reading →
Key Insights: The European Union is poised to implement comprehensive regulations that could reshape the landscape of decentralized finance (DeFi). The Markets in Crypto-Assets Regulation (MiCA), set to be fully Continue Reading →
Key Insights: Commodity Futures Trading Commission (CFTC) Commissioner Kristin Johnson recently proposed a series of recommendations focusing on the use of artificial intelligence (AI) within financial markets, particularly decentralized finance Continue Reading →
Key Insights: In a remarkable development within the decentralized finance space, PancakeSwap, a leading decentralized exchange (DEX), has announced a significant reduction in the supply of its native token, CAKE. Continue Reading →
Key Insights: BarnBridge DAO, guided by its creators Tyler Ward and Troy Murray, has agreed to a $1.7 million settlement with the SEC. This agreement resolves accusations that they didn’t Continue Reading →
Key Insights: In the financial world, a significant shift is underway as investors closely watch the Federal Reserve’s upcoming meeting, seeking indications of potential interest rate changes. This anticipation has Continue Reading →
Key Insights: In a notable shift within the Decentralized Finance (DeFi) sector, THORChain has emerged as a dominant force, securing its place as the third-largest Decentralized Exchange (DEX) by trading Continue Reading →
Key Insights: In the dynamic realm of cryptocurrency, North America has firmly established itself as a powerhouse. Despite facing regulatory challenges and unforeseen setbacks, the region has clinched a substantial Continue Reading →
Key Insights In a noteworthy development, Circle Internet Financial LLC, a prominent stablecoin issuer, has partnered with the Stellar Development Foundation (SDF) to launch the EURC on the Stellar network. Continue Reading →
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 →
