DeFi News
Welcome to CoinEdition’s page for DeFi News! On this page, you can read and learn through news related to decentralized technologies content in the finance sector. CoinEdition ensures that our readers are up to date with topics such as wealth management, trading, investments, payments, and the companies surrounding DeFi News 24/7 and from all over the globe. DeFi News is a huge topic in the growing blockchain world and it is our responsibility at CoinEdition to compile them all for posterity’s sake. Therefore, grab your checkbook and credit cards, and let’s jump right into the world of finance in the DeFi News section here at CoinEdition.
Shiba Inu Embraces DeFi: Implements Digital Identity Verification
Shiba Inu has taken the initiative to step into the DeFi ecosystem, securing confidence among the customers. The platform will be implementing digital identity verification…
Uniswap (UNI) Down 1.20% After Whale Decides To Take Profit
Lookonchain tweeted that a whale deposited 200K UNI to OKX this morning to take profit. Over the past 24 hours, the price of UNI fell…
DeFi Trading Platform Oku Joins Hands With L2 Solution Boba Network
Boba Network, the multichain layer-2 solution, announced its integration with Oku, the DeFi trading platform. By incorporating Oku into their ecosystem, Boba Network enables dApps…
![Compound Finance’s [COMP] TVL May Not Stop a Pullback, Here’s Why](https://coinedition.com/wp-content/uploads/2023/07/DEFI-4-328x185.jpg "Compound Finance’s [COMP] TVL May Not Stop a Pullback, Here’s Why")
Compound Finance’s [COMP] TVL May Not Stop a Pullback, Here’s Why
COMP increased by 155% in the last 30 days and the TVL followed suit. Bulls' attempt to revive demand at $72.12 has been neutralized by…
DeFi Researcher Inquires About the Proposed Compound Chain
DeFi researcher Ignas has inquired about Compound Finance's proposed blockchain. The analyst recalled an announcement of a Substrate-built Compound chain in 2021. According to Ignas,…
LDO, UNI, AAVE: 3 DeFi Coins Poised for Breakout Rallies
Lido (LDO), Uniswap (UNI), and Aave (AAVE) are set for upside price breakouts. All the listed coins have recently broken above long-term downward trendlines. The…
Koreans Prefer Cryptocurrencies But Not DeFi: Researcher
DeFi researcher Ignas analyzed the Korean crypto market and the Koreans’ aversion to DeFi. Ignas asserted that the Korean crypto market was placed third in…
Dapper Labs, Circle Layoff Employees; CEOs Express Concern
Dapper Labs cut off its workforce by bidding farewell to 51 employees. Circle reduced the total number of staff and stopped investments in non-core activities.…
Sturdy Finance Loses 442 ETHs Worth $800,000 in an Exploitation
Sturdy Finance has been exploited by an unknown hacker who manipulated a faulty price oracle. The platform experienced a loss of 442 ETHs, accounting for…
Hong Kong’s SFC Releases Circular on VATPs’ New Licensing System
Hong Kong’s SFC released a circular on a new licensing system for VATPs. The VATPs are required to get licensed under the SFC for continuing…
