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. DeFi has become a pro...
Tag: DeFi
Rootstock Onboards Seven New Solutions to Bitcoin (BTC) DeFi Ecosystem
Vladislav Sopov Rootstock also lifts locking cap for BTC/rBTC two-way peg: no limits for number of Bitcoins (BTC) on network exist any longer Contents Rootstock now supports seven popular crypto proto...
Bitcoin’s DeFi Functionality Boosted Thanks to Rootstock’s New Features and Locking Limit Removal
Rootstock improved its DeFi environment for the Bitcoin ecosystem with seven new solutions and moved closer to full decentralization. In February 2023, Rootstock integrated with seven additional proto...
Dogetti, Ripple, and Cardano: Is Cardano Actually DeFi?
The new Top Dog-Themed Presale Token Last month, we met the newest dog-themed meme coin introduced to crypto, Dogetti (DETI). Though still in the first stage of its presale, DETI has made an excellent...
DeFi Protocol Tender.fi Hacker Returns $1.6M Following Chainlink Oracle Glitch
The attack occurred after Tender.fi upgraded its price feed to relay data from a Chainlink pricing oracle as opposed to a time-weighted average price (TWAP). The code, which was audited by PeckShield,...
Crypto Hackers Stole $386,200,000 From DeFi Protocols via ‘Oracle Manipulation Attacks’ in 2022: Chainalysis
One specific method of hacking decentralized finance (DeFi) protocols is on the rise, according to blockchain data platform Chainalysis. In a new blog post, the market intelligence firm estimates that...
DeFi platform lost around $21 million to Hacks: DefiLlama Report
Decentralized platforms have become a popular target among hackers. In February, DeFi platforms lost around $21 million to attackers. According to the DefiLlama report, Platypus Finance was highly att...
Voltz Labs CEO: DeFi Innovation Is Moving Offshore Because of US Regulatory Severity
Voltz Labs CEO: DeFi Innovation Is Moving Offshore Because of US Regulatory Severity Voltz Labs Co-founder and CEO Simon Jones talks to Decrypt’s Jason Nelson at ETH Denver about using DeFi for ...
hedgeUp: Sparks Heightened Interests in DeFi
SPONSORED POST* Cryptocurrency price forecasts are frequently discussed in the cryptocurrency community. Given the market status, many investors are considering methods to increase their returns. Th...
Coinbase Ventures, Brevan Howard among early backers of compliant DEX Mauve
Violet, which offers compliance and identity infrastructure for decentralized finance, launched its compliance-focused decentralized exchange, Mauve. Coinbase Ventures and Brevan Howard joined t...
SatoshiChain Brings Bitcoin to DeFi, Reveals Mainnet Launch Date and Upcoming Airdrops
Advertisement     The mainnet of SatoshiChain, the blockchain technology that connects Bitcoin to DeFi, will formally launch on June 1st, 2023. As it enables users to ...
Ethereum (ETH)-Based DeFi Altcoin Tumbles As Coinbase Announces Delisting
An Ethereum-based (ETH) altcoin is free-falling as the largest US-based crypto exchange platform by volume announces its delisting. In a new announcement, Coinbase says that it’s going to be delisting...
Maverick Protocol DEX launches with Lido integration to compete with Uniswap
A new contender is challenging Uniswap for decentralized exchange supremacy. Or so Maverick CTO Bob Baxley believes. Maverick Protocol, along with Lido, Liquity and Galxe, today deployed a dece...
Mizar Launches MZR Token on Arbitrum and Unveils DeFi Roadmap
March 8, 2023 – London, United Kingdom Mizar, a social trading platform that boasts over 10,000 users and sees daily trades in the millions of dollars, is pleased to announce the launch of its MZR tok...
Ample DeFi NeuroNet is a GEM in the field of decentralized finance
In the heyday of the crypto industry, there are more and more ways to generate passive income through investments. We would like to present to you an effective and innovative solution that will bring...
IWD 2023 Special – Ways women can thrive in the DeFi industry – Cryptopolitan
Decentralized finance (DeFi) has the potential to increase women financial inclusion, who are frequently excluded from traditional financial systems. According to a report by the World Bank, women are...
Cardano (ADA) DeFi Hits ATH in Total Value Locked: Details
Godfrey Benjamin Cardano’s DeFi TVL has been growing consistently for over month to hit new ATH The Decentralized Finance (DeFi) ecosystem on the Cardano blockchain network is growing at a spora...
Cardano’s DeFi ADA tokens TVL touches new all-time high of 341M
Ad The total value of assets locked (TVL) on Cardano in terms of the ADA token reached a new all-time high of 341.42 million on March 7, according to DeFillama data. The ADA token TVL has fallen to 3...
DeFi Protocol Maverick Protocol Unveils UniSwap Rival Decentralized Exchange on the Ethereum Blockchain with Novel Automated Market Maker
“One of the biggest challenges that crypto faces in realizing its potential as the future of finance is how to increase on-chain liquidity,” Paul Veradittakit, managing partner at digital asset invest...
Mizar Launches $MZR Token on Arbitrum and Unveils DeFi Roadmap
London, United Kingdom, 8th March, 2023, Chainwire Mizar, a social trading platform that boasts over 10,000 users and sees daily trades in the millions of dollars, is pleased to announce the launch of...
Hacker Returns Stolen Funds to DeFi Lending Platform Tender.fi
An ethical hacker has exploited the decentralized finance (DeFi) lending platform Tender.fi. The stolen funds soon returned for a bounty reward of 6% of the exploit value. In an interesting turn of ev...
More than just an airdrop? Arbitrum builds a resilient DeFi fortress with unique primitives
The total value locked (TVL) in DeFi applications on the Arbitrum, a layer-2 Ethereum network blockchain, has doubled since the start of 2023. While investors’ hope of an ARBI token airdrop is a major...
In crypto winter, DeFi needs an overhaul to mature and grow
For several months now, the decentralized finance (DeFi) sector has been on the receiving end of a major bear market, so much so that the total value locked within this space has slipped from its all-...
Crypto Sleuth Turns $71 Into $1,590,000 in an Instant on New Ethereum-Arbitrum DeFi Platform
A savvy crypto coder has transformed $71 into $1.59 million in an instant through a new Ethereum-Arbitrum lending platform. According to the on-chain analysis firm Looksonchain, an ethical white hat h...
DeFi lender Tender.fi suffers exploit, white hat hacker suspected
An alleged ethical hacker has drained $1.59 million from the decentralized finance (DeFi) lending platform Tender.fi, leading the service to halt borrowing while it attempts to recoup its assets. Web3...
FTX sues Grayscale and DCG, citing ‘exorbitant’ fees
Collapsed crypto exchange FTX filed a lawsuit against Grayscale Investment, citing mismanagement of the firm as evidence that it was in violation of Trust agreements. The FTX debtors also filed ...
DeFi Funding Skyrockets 190% in 2022
The world of digital finance has seen a major shift in investments in recent years, with decentralized finance (DeFi) emerging as a clear winner in 2022. According to a report by CoinGecko, investment...
DeFi Suffers $21M in Losses from Exploits
Decentralized finance (DeFi) platforms have suffered significant losses due to a series of exploits in February, with at least $21 million in crypto being drained from seven protocols, according to De...
How the DeFi Powerhouse Came To Be – Cryptopolitan
Decentralized finance (DeFi) has emerged as one of the most exciting and transformative developments in the world of blockchain technology. At the forefront of this movement is Aave, a decentralized l...