DeFi News – Decentralized Finance & Crypto
Polkadot is a next-generation blockchain platform that aims to solve the scalability and interoperability issues plaguing the blockchain industry for years. Launched in 2020, Polkadot is quickly gaining traction in 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 →
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 →
Euler Finance, a decentralized finance (DeFi) platform, was exploited on Monday, with the hacker stealing over $197 million, according to data from audit firm BlockSec. BlockSec reported that the attacker Continue Reading →
A DeFi-focused data analytics company, “DeFiLlama,” has introduced LlamaZip (a router developed for Uniswap v3 on Ethereum layer-2 named Optimism. A tweet was recently shared by the team on the Continue Reading →
DeFi (short for “decentralized finance”) is a new financial system that uses blockchain technology to create a more secure and transparent system. It allows people to borrow money from others Continue Reading →
The people responsible for establishing a DeFi investment forum named Forsage have been accused of organizing a worldwide Ponzi scheme of up to $340M. 4 Russian founders, including Sergey Maslakov, Continue Reading →
USD Coin is a stablecoin that is backed by U.S. dollars. It is intended to provide a stable value for digital transactions and to help reduce volatility in the cryptocurrency Continue Reading →
Laser Digital, which is known as the crypto sub-branch of Nomura (a Japan-based giant in financial services), invested in a decentralized finance project for institutional borrowing and lending. The investment Continue Reading →
The local currency of the Ripple network is known as XRP. Ripple is a payment system based on blockchain technology and operates worldwide, offering crypto solutions to its customers. The Continue Reading →
ShibaSwap is an exchange platform that is decentralized and aims to expand the usefulness of the ecosystem of the SHIB token. The platform allows users to trade tokens and other Continue Reading →
In the 1st month of 2023, the decentralized finance protocols went through an elevation in terms of total value locked throughout diverse staking pools. The respective market saw a $74.6B Continue Reading →
Friktion, a decentralized finance protocol based on Solana, is terminating its consumer interface. The platform is additionally encouraging consumers to extract their holdings from it. The official website of the Continue Reading →
The decentralized exchange (DEX) named Uniswap’s community members have voted in support of launching it on BNB Chain (the Binance-based blockchain). In an exclusive proposal, the community members related to Continue Reading →
When you verify a transaction and then add it to a blockchain in order to create new units of that cryptocurrency, then this process is known as crypto mining. Miners Continue Reading →
Paxos, a stablecoin issuing platform, has recently presented a proposal to MakerDAO (a decentralized finance protocol). The stablecoin issuer has persuaded the DeFi protocol to promote its stablecoin’s use within Continue Reading →
An investment infrastructure venture named Lancelot Labs is introducing the initial and unique organizational SAFT tracker. This would assist the crypto funds in automatically tracking, claiming as well as utilizing Continue Reading →
The term “DeFi” stands for decentralized finance. It refers to the use of blockchain technology to create financial applications and services that are decentralized and run on a network of Continue Reading →
Blue, the platform that provides anti-money-laundering (AML) and know-your-customer (KYC) identity confirmation products to DeFi protocols, is now at the center of the community’s attention. The platform has collected nearly Continue Reading →
Quasar Finance, a decentralized finance (DeFi) venture has been successful in raising $5.4M in a Shima Capital-led funding round. The bridge round of the DeFi venture elevates its valuation to Continue Reading →
Yearn.finance, a decentralized protocol for yields, has stated in a Twitter post that the consumers are permitted to develop sophisticated Permissionless Vault Factories. The Vault Factory’s present version operates with Continue Reading →
Investors in the decentralized finance (DeFi) sector should get ready for a hard journey through the current year. 2023 is reportedly going to be a year of huge exploits as Continue Reading →
The denouement of 2022 witnessed the most decreased worth of funds being stolen from the DeFi sector. In December, just $62M value was drained in the exploits. Though this figure Continue Reading →
Authorities in Hong Kong are moving toward exclusive structures for a central bank digital currency (CBDC). At present, they want to launch a CBDC that would be a government-backed stablecoin. Continue Reading →
In recent years, the evolution of blockchain technology managed to cross many boundaries and looks to conquer more regions as time goes on. Due to its excellent security and transparency Continue Reading →
