With more than $221 billion in total value locked (TVL), DeFi is among the fastest-growing sectors of the blockchain ecosystem. Unlike centralized financial systems, DeFi is open for anyone to partici...
Tag: DeFi
Latest DeFi bridge exploit results in $4.4M losses for Meter
The Meter Passport token bridge platform has incurred $4.4 million in losses due to a smart contract hack which also caused Hundred Finance to lose $3.3 million through under-collateralized loans. Met...
DeFi Trading Platform FODL Giving Away $1M in Bored Ape Ethereum NFTs
DeFi and NFTs are often mentioned in the same breath. But much less often do they truly go together. Decentralized leverage trading platform FODL is trying to change that. As it started exploring use ...
Hashstack Launches the Open Protocol Testnet, Bringing the First Ever Under-collateralized Loans to DeFi Space
Road Town, British Virgin Islands, 7th February, 2022, Chainwire Hashstack Finance is thrilled to announce the testnet debut of its Open protocol, the first ever DeFi lending protocol to offer non-cus...
Aleo Blockchain Obtains $200M for Privacy-Minded DeFi
TL;DR Breakdown SoftBank, Tiger, and other investors contribute $200 million to Aleo, a blockchain firm with a focus on privacy. Aloe will use the money to assist developers in creating apps on its pr...
Hashstack Finance Improves The Mainstream Appeal Of DeFi Lending By Bringing Open Protocol To The Testnet
Lending is the second-most-popular segment of decentralized finance today. The industry represents over $45 billion in total value locked yet still suffers from significant inefficiencies. Hashstack f...
Tron’s Justin Sun Accused of ‘Governance Attack’ on DeFi Lender Compound
Sun’s wallet borrowed 99,000 COMP tokens on Thursday These tokens are worth over $13 million Other stablecoins have attempted similar gambits in recent weeks Individuals from crypto think tank GFX Lab...
Shintama Reinvents DeFi with Key Targets
Shintama, a DeFi token that was formed by the union of 2 tokens – Shinja and Saitama – has announced the release of its iconic token to the cryptocurrency world. Shintama’s goal is to develop a cuttin...
Ambrosus Core Announces $10 Million Funding Initiative To Boost DeFi
The technical foundation of Ambrosus Ecosystem, Ambrosus Core, has launched a $10 million developer grant to scale its open-source blockchain ecosystem. SWITZERLAND, February 07, 2022 — Ambrosus Core,...
Charge DeFi: Creating stability with algorithms in a decentralized way
The cryptocurrency market grew 600% year-to-date, with its value now standing at a staggering $2.8 trillion according to data from cryptocurrency market analytics company, Footprint Analytics. This ha...
Charge DeFi: How Algorithms Create Stability in a Decentralized Way
The cryptocurrency market grew 600% year-to-date, with its value now standing at a staggering $2.8 trillion according to data from cryptocurrency market analytics company, Footprint Analytics. This ha...
Crypto Taxes Are Complicated, But Changes Might Be Coming
Crypto taxes have been, and continue to be, a major obstacle to wider adoption for investors, traders, and users of cryptocurrencies. Since in the United States the only regulatory agency to have issu...
Easy-to-use DeFi protocols will become the new gatekeepers to crypto
It has arguably never been easier to participate in the crypto ecosystem. After centralized exchange powerhouse Coinbase recently began allowing its users to deposit part of their fiat paychecks into ...
Value Locked in Defi Climbs 13% Higher Since Last Week’s Low, SOL Price Jumps 25%, AVAX TVL Spikes – Defi Bitcoin News
The total value locked (TVL) in decentralized finance (defi) has jumped back above the $200 billion range, hovering around $216.49 billion on Saturday morning (EST). The TVL in defi has increased 13.6...
Is proposed SEC rule with no mention of crypto a threat to DeFi?
On Jan. 26, the United States Securities and Exchange Commission proposed amendments to Rule 3b-16 under the Exchange Act that lacks any mention of digital assets or decentralized finance, which could...
Trust Machines Secures $150 Million in Funding to Advance DeFi on Bitcoin
Vladislav Sopov Trust Machines, an ecosystem by Stacks founder Muneeb Ali, addresses using Bitcoin (BTC) as settlement layer for DeFi Contents Trust Machines completes $150 million round right after l...
In Just 3 Days, The Cardano-Based Defi System Has Attracted 100 Million Native Tokens
In just three days, Meld, a new decentralized financial system that emerged on the Cardano (ADA) blockchain, managed to stake 100 million of its native currency MELD Meld permitted token holders to co...
Akropolis Partners With Clover Finance to Speed DeFi Expansion
Akropolis is pleased to report that the Clover Wallet has been successfully integrated into their dApp. Akropolis consumers can now securely hold, barter, and exchange cryptos and NFTs on cell phone, ...
Seesaw Protocol Presale Shows DeFi Boom Despite Dips for Terra and Fantom
In 2021, the total global market cap of cryptocurrencies shot up from $800 billion to $3 trillion at its peak. Despite sustained dips at the beginning of the year, the market cap is still more than do...
HMRC updates its cryptoassets manual to address DeFi taxation in the UK
The UK’s HMRC has updated its cryptoassets manual that it published last year, to provide legislative clarification on how DeFi will be taxed in the UK. The cryptoassets manual is a formalisation of ...
How To Earn on DeFi In 2022 And Avoid Hidden Pitfalls
The decentralized finance (DeFi) market opens plenty of opportunities. We are sharing how to safely use the instruments of the niche to grow profits. How to earn on DeFi The key concept of decentraliz...
Wormhole restores hacked $300M through VC funding in largest ever DeFi bailout
The decentralized finance space experienced its first major setback of the year on 3 February when over $321 million in Ether were stolen from the cross-chain network Wormhole. While it was not the fi...
A DeFi Project Offering Accessible Scaling Solutions
The team at Harcox Finance, a decentralized community-driven project, is pleased to announce the release of its project to the crypto community, as it attempts to provide more accessible scaling solut...
‘This Circus Needs to Stop Now’: How DeFi Protocol Wonderland Avoided Shutdown After Scandal
The biggest story to hit DeFi this week (and maybe in the past two years) was the revelation that the co-founder of DeFi project Wonderland, 0xSifu, is an alleged serial fraudster with ties to the inf...
DeFi Bridge Warmhole Restores $320 Million Worth of Stolen Funds, Here’s What Unfloded
Earlier on Wednesday, February 2, DeFi bridge protocol Warmhole announced that the platform was hacked as hackers managed to steal a staggering 120 wETH worth $320 million. Warmhole is a DeFi blockcha...
How This Defi Project Just Lost $320 Million In Ether?
Wormhole, a connection between Solana and other popular blockchains, was defrauded of $320 in wrapped Ethereum (wETH). This was the second-largest attack in the history of the decentralized concern ab...
DeFi Isn’t all About Money – We Aren’t all Crypto Bros
DeFi: Mainstream adoption is not going to happen if the wider public thinks we’re all self-serving jerks, says Dominik Schiener. He is the Co-Founder and Chairman of IOTA, one of the largest crypto ec...
New Proposal Could Give SEC Expansive Power to Regulate Crypto, Defi Platforms – Regulation Bitcoin News
A commissioner with the U.S. Securities and Exchange Commission (SEC) has voiced concerns regarding a new proposal that could give the securities regulator new powers to regulate cryptocurrency platfo...
The Rising Standards of DeFi Amidst A Bear Market
It’s no longer enough for DeFi initiatives to simply hand out tokens to attract investors. As DeFi is not just a fringe of financial interactions, the standards for projects in the space are rising. ...
The Five Big Risk Vectors of DeFi
A unique aspect of DeFi, decentralized governance proposals control the behavior of a DeFi protocol and, quite often, are the cause of changes in its liquidity composition in affecting investors. For...
DeFi Project Providing Accessible Scaling Solutions
Advertisement     Harcox Finance, a decentralized community-driven initiative, is glad to announce the public release of its project to the crypto community, as it str...