Lido Finance, a popular DeFi protocol, has paused the staking and withdrawal functionality of MATIC, the native token of Polygon, an Ethereum sidechain. In a tweet on Mar. 6, Lido Finance said the dec...
Tag: Finance
Wallet tied to Uranium Finance hacker reawakens after 647 days, shifting $3.3M
One of the wallets associated with the $50 million exploit of Uranium Finance in April 2021 appears to have awoken after 647 days of dormancy, with funds headed towards crypto mixer Tornado Cash. The ...
Babel Finance Hopes On Bitcoin-Backed Stablecoin To Repay $766 Million Debt
– Advertisement – Summary: Babel Finance plans to repay creditors with a two-prong approach – a decentralized finance platform and a crypto-backed stablecoin token. The troubled crypto len...
RenQ Finance (RENQ), Cardano (ADA), and Polygon (MATIC)
To optimize portfolio returns, experts constantly recommend diversifying your holdings; adhering to this well-established rule is essential for every investor who wants to remain profitable over the s...
Curve Finance: The $250M bribes talk you shouldn’t miss out on
Bribes paid out to vlCVX holders have started to go down. Moreover, the Curve protocol is reportedly struggling as the number of users on the protocol has been declining. According to data provided by...
Babel Finance Proposes Launching New Stablecoin To Repay Debtors
9 seconds ago | 2 mins read Defi News Babel co-founder Yang Zhou is now the company’s sole director. A completely reserved stablecoin dubbed HOPE is proposed as part of restructuring plan. According t...
Babel Finance Mulls New Token Launch to Repay Creditors
Babel Finance, the Hong Kong-based crypto lending platform, plans to introduce a decentralized stablecoin that will be used to repay the firm’s creditors, according to a Bloomberg report. The firmR...
Babel Finance explores new restructuring opportunities with DeFi project
Babel Finance, one of many cryptocurrency lending firms that suffered losses during the cryptocurrency winter of 2022, is exploring new restructuring opportunities to pay back its creditors. The Hong ...
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
Babel is on the verge of filing a moratorium extension that would prevent creditors from making claims for at least another six months, the report from Sunday said. The filing alleges that co-founder ...
Babel Finance Pins Hope on New Stablecoin Project to Resolve Financial Woes: Report
Babel Finance co-founder Yang Zhou is banking on a new stablecoin to pull the troubled crypto lender from the financial crisis. Last June, Hong Kong-based project was one of the three prominent firms ...
Lido Finance Now Holds 33% of All Staked Ethereum (ETH): Details
On-chain analytics firm IntoTheBlock has shared a peek into the Ethereum (ETH) Liquid Staking Derivatives market. Lido Finance is the current leader in liquid staking. According to IntoTheBlock, 33% o...
RenQ Finance (RENQ), SHIB, DOGE Gain Momentum On Reddit
Advertisement     The world of cryptocurrency has seen a surge in popularity in recent years, and with that comes the rise of social media platforms dedicated to discu...
Babel Finance to Launch HOPE Stablecoin in Effort to Repay Debts
Embattled crypto lending firm Babel Finance envisions a restructuring effort centered around a new stable asset project called Babel Recovery Coin. Babel’s co-founder and sole director Yang Zhou is pi...
Babel Finance Invents Babel Recovery Coin to Solve Debt Crisis
Babel Finance has decided to launch the Babel Recovery Coin. The intention of the new launch is to resolve the company’s debts of almost $766 million. The company would mint the stablecoin through the...
Optimism (OP), RenQ Finance (RENQ), Pancakeswap (CAKE) Buckle Up For The New ATH
As with every financial asset, cryptocurrencies move between up, ranging, or down trends; assets with a strong bullish sentiment from the public, a commendable inflow of capital, and great value propo...
What’s Unique About The Virtual Finance District Project And Is It Worth It?
Advertisement     The Virtual Finance District Project Let’s talk about the brand-new Virtual Finance District community, which daily attracts a growing number of new ...
DeFi to be examined at inaugural CFTC tech advisory meeting: 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. DeFi will be in focus...
Hackers Stole More Than $21,000,000 From Decentralized Finance Platforms Last Month, According to DeFi Llama
Crypto hackers stole $21.41 million worth of digital assets from decentralized finance (DeFi) platforms in February, according to DeFi Llama. DeFi Llama, a total value locked (TVL) aggregator, notes t...
RenQ Finance (RENQ) Has More Potential Than Solana (SOL) And Cosmos (ATOM)
The decentralized finance (DeFi) space has been gaining significant attention in recent times, with various blockchain networks emerging as major players. Solana (SOL) and Cosmos (ATOM) are popular D...
Platypus Finance creates compensation portal for users following $9.1M exploit
Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit. On Feb. 16, the DeFi p...
Yearn Finance Price Prediction: Will YFI Price Move Beyond $30000?
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What is the Universal Basic Asset（UBA Finance）
Universal Basic Asset (UBA Finance) has attracted a lot of user attention, so is it worth your time? There are nearly 10,000 people mining online for free every day. How much profit can he bring you? ...
Platypus Finance provides recovery estimates after flash loan attack
Ad Platypus Finance has launched a portal that will allow users to see how much compensation they are owed, according to a post from the project on Feb. 28. The DeFi platform was originally attacked o...
Buterin’s Ideas For DeFi Will Disrupt Centralized Finance
Buterin offers key takeaways for developers and users in the crypto payment space. The observations are based on his own bad experiences with crypto payments. These suggestions can potentially make De...
Former FTX Director Pleads Guilty to Charges of Fraud, Money Laundering, and US Campaign Finance Violations – Bitcoin News
Roughly 11 days ago, it was reported that Nishad Singh, the former director of engineering at FTX, was working with federal prosecutors to arrange a plea deal. On Tuesday, Singh pleaded guilty to crim...
Crypto Sets Higher Standards for Proof of Reserves for Traditional Finance: Bybit CEO
The new norms after 2022: crypto exchanges have set a high bar in transparency with 100% verifiable proof of reserves DEXs form an important part of a healthy ecosystem by supporting medium and long-t...
Bybit CEO Advocates for Higher Standards of Proof of Reserves, Bridging the Gap Between Crypto and Traditional Finance – Cryptopolitan
The world of cryptocurrency is rapidly evolving. As the asset class continues to mature, investors are increasingly looking for ways to protect their funds and ensure transparency within exchanges. Re...
Strips Finance Price Prediction: STRP Gains 10% As Bulls Plan To Solidify Transient Highs
Join Our Telegram channel to stay up to date on breaking news coverage Strips Finance (STRP) price has been bullish lately, recording remarkable highs. However, the breakouts proved transient as the p...
Yearn Finance Price Prediction As YFI Tests $9,168 Support- Is $11,771 Within Reach?
Join Our Telegram channel to stay up to date on breaking news coverage Yearn Finance (YFI) started the year strong, with bulls taking the lead for almost two weeks straight. It recorded a high of $7,6...
G20 Finance Chiefs Widely Recognize Crypto Poses Major Financial Stability Risks, Says Indian Central Bank Governor – Regulation Bitcoin News
The G20 finance ministers and central bank governors recognize that cryptocurrencies pose major risks to financial stability, monetary systems, and cyber security, India’s central bank governor report...