An independent Terra development group has now raised $ 3 million with its focus on building projects around DeFi. The development sparked excitement around the LUNC community but investor perception ...
Tag: DeFi
Mass-Adoption means regulated undercollateralized DeFi loans
Uncollateralized loans have huge potential to be disrupted by DeFi. Dusk Network has the solution to bring fully regulated under collateralized loans on-chain. Decentralised Finance (DeFi) continues t...
Lazarus Group Moves $63.5M Harmony Bridge DeFi Hack Funds
North Korea’s Lazarus Group has moved $63.5 million of the crypto funds it stole from the Harmony Bridge hack last year. The group continues to utilize new methods to exploit and pilfer the vulnerable...
Combined Transactions on Arbitrum and Optimism L2 Chains Outpace Ethereum’s Daily Transfer Count – Defi Bitcoin News
Since The Merge, Ethereum’s onchain fees have been considerably lower. However, combined transaction volume on layer two (L2) chains Arbitrum and Optimism has outpaced Ethereum’s onchain transaction o...
Decentralized hiring process leads to unique perspective on transparency in DeFi industry – SlateCast #48
In this episode The decentralized hiring process at SushiSwap: The process of selecting the head chef through a public vote and debate, and how it compares to traditional hiring methods. The role of i...
DeFi was the most attacked ecosystem in 2022: 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. The DeFi ecosystem st...
Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps – Defi Bitcoin News
According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lacklu...
Self-proclaimed ‘safest’ DeFi lender loses $6 million in hack
DeFi lender LendHub lost $6 million of crypto assets in an attack, the team reported on Friday. LendHub stated that the attack occurred on Jan. 12. The DeFi lender added that it has contacted bl...
‘FTX was not crypto’ — DeFi Dad sets the record straight
In the fourth episode of Hashing It Out podcast series, Cointelegraph’s Elisha Owusu Akyaw discusses the evolution of decentralized finance (DeFi) with DeFi Dad, a DeFi educator and investor at Fourth...
Alameda liquidators get liquidated on Aave as they try to consolidate funds
Alameda liquidators lost $72,000 on DeFi lending platform Aave after getting liquidated themselves while attempting to recover funds for creditors. The liquidators were trying to close the posit...
Cardano DeFi Activity Soars 36% As ADA Opens 2023 With Big Rallies
Decentralized finance (DeFi) activity is soaring on Cardano (ADA) as the Ethereum (ETH) competitor kicks off a red-hot start to 2023. The DeFi tracker DeFi Llama reports that Cardano has $65.97 millio...
DeFi startup Quasar Finance raises $5.4 million at a $70 million valuation
Quasar Finance has raised $5.4 million in a round led by Shima Capital. The DeFi startup’s bridge round brings its valuation to $70 million and sees five new investors join its cap table, inclu...
These Major Flaws Are Weighing Down DeFi Protocol Growth
Decentralized finance (DeFi) is in the doldrums. The hype of the past couple of years has waned, and several protocols have failed to gain traction. DeFi collateral has tanked by 77.6% since its all-t...
Introducing Civilization Network, the Gate to DEFI
press release PRESS RELEASE. In the crypto world, 2022 was one of the most challenging years. In the wake of the FTX bankruptcy, users lost trust in centralized exchanges and began to question the sec...
5 Bullish and 2 Bearish Cases for DeFi Going Into 2023 (Opinion)
The DeFi world, along with the rest of the cryptoverse, is still in the grip of fear and dread. 2022’s crypto winter continues with no clear end on the horizon. With still no sight of a near-term mark...
Ondo Finance launches three tokenized U.S. Treasuries and bonds
Ondo Finance, a DeFi firm offering decentralized investment opportunities, has launched tokenized versions of U.S. treasuries and bonds. These tokenized products let stablecoin holders invest i...
Bitcoin Price Breaks $17K as Equities Jump on US Fed Speculation
Bitcoin’s daily trading session closed above $17,000 for the first time in almost a month on Sunday, following a favorable showing in US equities to close out last week. The crypto, which is currently...
Smart Contract Platform Tokens See Double-Digit Gains, Boosting Defi TVL Above $40 Billion – Defi Bitcoin News
Decentralized finance (defi) and smart contract platform tokens rallied on Monday morning (ET) and the total value locked in defi jumped above the $40 billion zone for the first time since mid-Decembe...
CFTC files its own case against Mango Markets exploiter
The Commodity Futures Trading Commission is suing Avraham Eisenberg, aka Mango Avi, over alleged manipulation of swaps on Mango Markets, a decentralized exchange on the Solana blockchain. The n...
Didi Taihuttu Is Moving All His BTC to Defi Platforms
Didi Taihuttu and his family – often dubbed the “bitcoin family” due to their devotion to the world’s number one digital currency – are still confident in bitcoin and aren’t letting last year’s price ...
Blockchain Games Outperfomed DeFi in Weekly Number of UAWs
Blockchain games continued to make headlines while the decentralized finance (DeFi) space struggled in 2022. Even the start of 2023 is the same. But the question arises: can the hype and traction cont...
Wonderland is on its way to building healthy associations in DeFi
At present, Wonderland is actively engaged in creating a reliable and agreeable long-time association with DeFi. It all started with their utilization of Kyberswap as an alternative to DEX hosting to ...
Why DeFi should expect more hacks this year: Blockchain security execs
Decentralized finance (DeFi) investors should buckle themselves up for another big year of exploits and attacks as new projects enter the market and hackers become more sophisticated. Executives from ...
Mycelium DeFi Exploited Due to Price Feed Issues
Vladislav Sopov Mycelium liquidity pool exploited by arbitrage bot that abused price discrepancy issue Contents Mycelium ETH/USD pool exploited Net TVL declined by 4-6% Mycelium, a multi-product Web3 ...
Navigating the DeFi landscape: Risk management, user experience, and the Interplay with CeFi – SlateCast #44
The podcast discusses the decentralized finance (DeFi) industry and its relationship with the centralized finance (CeFi) industry. The guest, Emile from XDEFI, mentions that the market has been diffic...
December DeFi exploits were the lowest in 2022: 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. The end of 2022 saw t...
Balancer DeFi protocol warns LPs to withdraw liquidity from five pools
The Balancer DeFi protocol has issued an alert on Twitter urging liquidity providers to withdraw funds from five liquidity pools containing $6.3 million. Balancer warns LPs to drain their pools Balanc...
Balancer warns $6.3 million of funds at risk, urges LPs to remove liquidity
Decentralized exchange Balancer warned its liquidity providers to withdraw funds from five pools where $6.3 million of funds are at risk. This appears to be part of a larger potential exploit or...
What is institutional DeFi, and how can banks benefit?
Financial services institutions and banks have increasingly engaged with Web3 since 2020. This is also true within institutional decentralized finance (DeFi), as several potential use cases have emerg...
Lido temporarily tops DeFi with the most TVL
On Jan.4th, Lido, a top staking network, led as the DeFi application with the highest total value locked, according to recent market analysis. Lido surpassed MakerDAO’s TVL Lido, a popular staking ne...