Defi News Friktion is encouraging consumers to remove their money from the protocol. Nonetheless, the underlying protocol will continue to be available on-chain. According to a statement released on J...
Tag: DeFi
Fluidity Aims to Reward Actual DeFi Users Over Profit Farmers
Decrypting DeFi is Decrypt’s DeFi email newsletter. (art: Grant Kempster) If you’ve been in DeFi for a while, you already know about yield farming and the Curve Wars. But what about utility farm...
TradFi and DeFi come together at Davos 2023: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Traditional finance, ...
Solana DeFi project Friktion shuts down its user platform
Solana decentralized finance (DeFi) platform Friktion is shutting down its user interface and urging customers to withdraw their assets from the protocol, according to a statement on Jan. 26. The pro...
25 important stats about the DeFi industry from 2022
On the one hand, DeFi projects had countless hacks and one of the most disastrous collapses in tech/internet history with Terra. Combined with macro conditions, these factors caused the DeFi market to...
Solana DeFi protocol Friktion sunsets front end app
Solana-based DeFi portfolio management protocol Friktion has sunset its front end app, and asked users to withdraw their funds. Friktion was among several DeFi protocols offering structured products i...
Friktion, a DeFi Platform on Solana Shuts Down Permanently
Friktion, the DeFi project on Solana, has announced it will wind up operations. The platform has closed down deposits and advised users to withdraw their funds. The crypto market witnessed projects su...
Circle and Ripple (XRP) at WEF for crypto and DeFi- The Cryptonomist
Circle and Ripple (XRP) moderated their views at the World Economic Forum on crypto and the blockchain world in Davos, given their participation outside the WEF conference in a myriad of cryptocurrenc...
Number of DeFi users sustains growth in 2023 despite volatile sector
Despite the cryptocurrency industry going through some challenging and volatile times, the number of active users involved in the sector hasn’t dropped off. Quite the opposite – it has continued to in...
Solana-based DeFi project Friktion shuts down its front end
Solana DeFi yield platform Friktion is shutting down its front end website, with customers urged to withdraw their assets, the company stated on Friday. This means the front end website will no longer...
Quadrata Brings Digital Identity to DeFi Through Partnerships
Partners will utilize Quadrata’s passport network to keep bad actors off their platforms, provide a streamlined KYC process and unlock capital efficiency for its users MARINA DEL REY, Calif.–(BUSINESS...
Yield App and Haven1 look to transform the future of DeFi
This year could be make or break for decentralised finance (DeFi). In 2021, DeFi innovation stagnated, even as the crypto market rose to record highs. In 2022, a spate of DeFi hacks and centralised fi...
Top 10 DeFi protocols were in green during January
According to the decentralized finance (DeFi) total value locked (TVL) aggregator, DeFi Llama, the total DeFi TVL has reached $47.94 billion, up by 3% in the past 24 hours while hitting a two-month-hi...
Snowfall Protocol (SNW) goes up to $0.191 ahead of launch, DeFi Protocol Frontier Brings In-Browser Wallet Support for Aptos, NEAR up by 28%
Advertisement     The world of cryptocurrencies, NFTs, and DeFi is brimming with new possibilities and unprecedented opportunities. Crypto nerds hope to find the next ...
Archimedes’ Partnership with Origin Protocol Is a Game-Changer for DeFi Players Both Big and Small
Archimedes is an established and comprehensively audited DeFi lending and borrowing platform. Uniquely, the application aims to deliver real long-term yields with up to 10x collateral-backed leverage ...
Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption
Injective, a layer-1 blockchain protocol founded in 2018, has launched a $150 million ecosystem fund to support developers building on the Cosmos network. The so-called ecosystem group is backed by a ...
Lido Protocol Reveals Plans for Withdrawal Feature Ahead of Ethereum’s Shanghai Hard Fork – Defi Bitcoin News
While the Ethereum community prepares for the upcoming Shanghai hard fork in March, the development team for the liquid staking project Lido revealed plans to create an in-protocol withdrawal feature....
DeFi platform Injective reveals $150 million ecosystem initiative
– Advertisement – DeFi smart contracts blockchain platform Injective announces a $150 million ecosystem fund to promote building of interoperable infrastructure and DeFi on Cosmos. The eco...
SEC Commissioner Hester Peirce Says Regulating DeFi Not Practical, Presents Many Challenges to Regulators
A high-ranking pro-Bitcoin (BTC) official from the U.S. Securities and Exchange Commission (SEC) says regulating decentralized finance (DeFi) is “impractical.” In a new speech at a Duke University Dig...
DYdX pushes back $156 million of token unlocks for investors to December from February
Decentralized exchange dYdX delayed its token unlocks for investors to Dec. 1 from Feb. 3, according to a note sent out to investors obtained by The Block. The exchange was set to release 150 mi...
DeFi Thirsty SEC Blocks TradFi Crypto IPOs – Trustnodes
The Securities and Exchanges Commission (SEC) wants our defi smart contracts, flashloans, and kids in Thailand forking dapps through token migration, to sign up with the agency. But SEC has failed to ...
Web3 Security Company Cyvers Releases DeFi Threat Detection Report
[PRESS RELEASE – Yoqneam, Israel, 25th January 2023] Cyvers, a web3 security company founded by Deddy Lavid and Meir Dolev, has released a security report analyzing the major events, types of threats,...
DeFi Can Solve $2T FX Risk Problem, According to Circle and Uniswap Research
Join Our Telegram channel to stay up to date on breaking news coverage According to a document by researchers at the digital asset firms, blockchain and DeFi technology could help cut the cost of cros...
Are DeFi Degens in Good Hands? Insurance Companies Want to Help
Distressed crypto markets might finally give DeFi insurance a chance to flourish, but only if it can overcome some headwinds. At the moment, less than 1% of all the assets in the $47 billion DeFi ecos...
Lark Davis’ Top DeFi Picks: Keep An Eye Out For These Upcoming Improvements & Catalysts
The blockchain industry is about to see the arrival of several significant DeFi improvements and catalysts in the near future. Lark Davis, a crypto expert, outlines the most significant ones to keep ...
TradFi and DeFi come together — Davos 2023
Traditional finance, or TradFi, continues to explore the world of cryptocurrencies and blockchain technology, with the World Economic Forum holding more workshops and sessions for the sector in 2023. ...
DeFi protocol GNS sees growth in trading fees – Will users make a beeline for it
Gains Network registered a sharp uptick in trading fees. The protocol’s native token was up by 7% at press time. Gains Network [GNS], a decentralized perpetuals exchange, was making rapid strides in t...
DeFi Will Be the Foundation of Crypto’s Next Cycle: Pantera Capital
Pantera Capital – a blockchain-focused institutional asset manager – has released a report reviewing the state of the blockchain industry in 2022, and what to expect on the technological and adoption ...
Top Analyst Predicts Meteoric Rally for DeFi Altcoin Curve, Says Largest CRV Move Yet To Come
A closely followed crypto analyst believes that the decentralized finance (DeFi) altcoin Curve (CRV) looks poised for a massive burst to the upside. Pseudonymous analyst Credible tells his 336,900 Twi...
Largest Crypto Hedge Fund in the World Says DeFi Will Drive the Next Crypto Bull Market
Crypto hedge fund giant Pantera Capital says that one sector of the digital asset space will be the life force of the next bull market cycle. In Pantera’s latest newsletter, chief investment officer (...
VC firm Pantera sums up 2023 forecast; says DeFi is poised to take over the crypto market – Cryptopolitan
Pantera Capital, a crypto-focused venture with about $3.8 billion in assets under its management, summed up its 2023 forecast declaring Decentralized Finance (DeFi) is the future and will take over th...
Vitalik Buterin closes seven-month short trade on RAI token, netting $92,000
Ethereum co-founder Vitalik Buterin closed a seven-month short position on the non-pegged purported stablecoin RAI, netting a cool $92,000, according to on-chain records. Buterin took the trade ...