Ad Blockchain bridges, also known as cross-chain bridges, are designed to connect different blockchain networks and enable the transfer of assets between them. However, developers must address several...
Tag: DeFi
DEX Aggregators are Improving DeFi Accessibility
Decentralized exchanges (DEXs) have been a cornerstone of the decentralized finance (DeFi) movement, offering a secure and censorship-resistant way to trade cryptocurrencies. However, they have ...
DeFi Protocol dForce Exploited of $3.65 Million by Hacker
53 mins ago | 2 mins read Editors News Initial funding of 0.99ETH was transmitted from the DeFi system RAILGUN Project. dForce said the assault, which affected just its wstETH/ETH-Curve vault, had bee...
DeFi Platform MakerDAO Integrates Chainlink Automation for Stablecoin DAI ⋆ ZyCrypto
Advertisement     The step aims to stabilize the stablecoin amid a volatile market. According to the Maker’s voting page, the new system goes live on Feb.11. Cryptocur...
DeFi Protocol dForce Loses $3.6M in Reentrancy Attack
Decentralized finance (DeFi) protocol dForce has suffered a reentrancy vulnerability attack leading to the loss of $3.6 million worth of crypto assets. The attacker targeted the protocol’s vault on th...
JP Morgan reckons that deposit tokens could trade on DeFi like stablecoins
JP Morgan has reckoned that the tokenization of fiat deposits could be more acceptable than the use of ‘traditional’ stablecoins. The bank says that such tokenized assets could be used across major bl...
Coinbase says its staking services are not securities
Missteps in regulating the technology underlying staking ecosystems may have serious — and negative — consequences, including forcing U.S. consumers to less-regulated foreign platforms, Coinbase Chie...
Will the SEC Crackdown on Staking Prove to Be a Win for DeFi?
The Securities and Exchange Commission (SEC) seems determined to attack crypto-staking services after filing charges against Kraken. But what will the consequences be for DeFi? Crypto staking is again...
What Are The Most Important DeFi Protocols?
DeFi is shorthand for “decentralized finance,” a way of conducting financial business utilizing peer-to-peer networks, blockchains, and other developing technologies to eliminate intermediaries and ce...
DeFi Staking Tokens Volatile Following SEC’s Crackdown On Staking Services
– Advertisement – The SEC’s crackdown on centralized staking services has induced volatility in liquid staking tokens. Traders poured into DeFi staking due to the uncertainty surrounding ...
US SEC Crypto Staking Crackdown Benefits DeFi Services
Decentralized finance protocols such as Lido, Rocket Pool, and StakeWise may benefit from the U.S. Securities and Exchange Commission (SEC) crackdown against crypto staking services, reported Bloomber...
DeFi TVL increased 26.82% in January
Ad DeFi’s total value locked (TVL) recorded an increase of 26.82% in January to reach $74.6 billion, according to DappRadar’s January Industry report. “The DeFi market showed signs of recovery in Janu...
A Brief History of DeFi
Decentralized finance, often referred to as DeFi, is a movement in the cryptocurrency and blockchain spaces that can be difficult to pin down exactly. It is both a large-scale vision for a new way of ...
Cardano ADA: Whales transactions increased, DeFi TVL doubles
On February 3, 2023, the network had 105 transactions of over $100,000. DeFi TVL on Cardano on January 1, 2023, was $48.95 million and recently was $105.61 million. The buzz around it increases when...
RenQ Finance: leading DeFi community hub
SPONSORED POST* RenQ Finance (RENQ) is a new DeFi platform that provides support for both spot and perpetuals trading Let’s take a closer look at how RenQ Finance (RENQ) could become one of the bigges...
DeFi protocol Umami Finance sours as CEO goes rogue and core team quits
A dramatic week has resulted in the mass-resignation of Umami Finance’s core team and a crash in the price of the UMAMI token, as the project’s ex-CEO allegedly dumped his token holdings. Umami Financ...
Lido solidifies mastery in DeFi landscape after major upgrade: Details inside
Lido launched upgrade to improve its protocol. The improvements boosted LDO token performance. Lido [LDO], a protocol in the DeFi ecosystem, has observed significant improvements over the past week. N...
DeFi securitization of real-world assets poses credit risks, opportunities: S&P
Decentralized finance’s (DeFi) use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research r...
Find The Best Decentralized Exchange For Trading DeFi Tokens
The digital world is becoming increasingly decentralized, with the rise of distributed ledger technology and decentralized finance (DeFi). Decentralized finance offers a variety of advantages over con...
RenQ Finance Token Presale Launched – Project Set to Revolutionize the DeFi Industry
Introduction Just like new projects and companies spring up now and then in the real world in a bid to create a solution, the DeFi space is no exception to this either. As DeFi, Decentralized Finance ...
The DeFi space is on a path of steady recovery as good actors
The harm that was inflicted by the collapse of major cryptocurrency ecosystems in the previous year is on its way to making a gradual comeback as positive actors take aggressive initiatives to reestab...
DeFi Protocol CoW Swap Exploited of 551 BNB in Recent Attack
4 hours ago | 2 mins read Defi News The attacker reportedly added a wallet address as a “solver” of CoW Swap. BNB worth over $181,000 transferred to the cryptocurrency mixer Tornado Cash. A vulnerabil...
Sberbank Will Launch DeFi Platform Crypto Daily TV 8/2/2023
In Todays Headline TV CryptoDaily News: Revolut to offer crypto staking. Digital banking service Revolut is starting to offer crypto staking to customers in the U.K. and European Economic Area, accord...
Shaping the Future of DeFi on Bitcoin
Bitcoin is the world’s largest and most popular cryptocurrency, and the protocol is known for its decentralized nature and secure transactions. However, despite its widespread adoption, Bitcoin lacks ...
Buzz around DeFi: The Founder of Aave Protocol Expressed Confidence
The Aave founder shared his thoughts on stablecoins and DeFi. Visa shared new thoughts on developing stablecoin settlements on its platform. The total volume of DeFi is $5.74 billion, 11.20% of the t...
DeFi Protocols Do Fist Bumps To Promote Web3 Values
Fist bump emojis rolled out through crypto Twitter in the past 24 hours, bursting through feeds tuned to tuned to DeFi—but it wasn’t just another viral trend among crypto and web3 profiles. It w...
DeFi Platform CoW Protocol Loses Over 550 BNB in Contract Exploit
Decentralized finance (DeFi) protocol CoW Swap has suffered a smart contract exploit, leading to the loss of approximately 551 BNB ($181,600). According to reports, the attacker added a wallet address...
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market – Defi Bitcoin News
As of Feb. 7, 2023, the value locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool recording 4-10% gains over the past month. Lido hol...
Lido presents plan for Version 2, adding staking withdrawals and more
Lido Finance finished the design for the second version of its protocol, which will bring in support for Ethereum staking withdrawals post-Shanghai and rework the Staking Router in a way that should b...