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.
Liquidation Blocks Crucial to DeFi Risk Evaluation: Intelligence Firm
IntoTheBlock emphasizes the importance of liquidation blocks in evaluating DeFi risk. The firm warns of potential collateral shortfalls if overlooked. Over 39,000 traders liquidated in…
Anonymous Attacker Seizes Control of Tornado Cash; Steals $1M+
An anonymous attacker seized control of the Tornado Cash protocol, by exploiting a malicious proposal. Reportedly, he stole more than $1 million from the DAO’s…
Arbitrum Emerges as DeFi Powerhouse, Gains Massive Adoption: Report
Arbitrum has gained significant traction in the DeFi sector. Integration with GMX_IO plays a crucial role in Arbitrum's mass adoption. User adoption for Arbitrum more…
Ledger Wallet and Trezor Wallet Criticized Over New Features
Altcoin Daily discussed recent allegations leveled at the hardware wallets Ledger Wallet and Trezor Wallet. The host stated that the Ledger users have felt betrayed…
zkSync Era and StarkNet L2 Solution Threaten Polygon’s Dominance
Rumored upcoming AirDrop boosts zkSync Era and StarkNet on-chain activities. Increasing network activities of both solutions are eating into the dominance of Polygon. Polygon founder…
SORA CARD Sign-Ups Now Live: SORA Enables The Fusion of TradFi and DeFi
The SORA Community has announced that sign-ups for SORA CARD will be live on May 17, 2023. The SORA Card will officially launch in coming…
ParaSpace Accuses Its CEO of Mismanaging Funds in the Wake of a Hack
ParaSpace hack resulted in the loss of over 50% of user funds. The platform has recovered $5.4 million from the funds. ParaSpace removed the CEO's…
Grayscale Introduces Funding Project to Manage Financial Products
Grayscale Investments announced the launch of Grayscale Funds Trust. The funding project focuses on managing the company’s publicly traded financial products. The company has also…
DeFi Industry Fights Back A Law Aiming to Kill Smart Contracts
European DeFi industry worries about a Data Act law that could kill smart contracts. FThe law would require smart contracts to be terminated or interrupted…
CakeDeFi CEO Reveals Shocking Truth About Crypto Custody Providers
CakeDeFi CEO Julian Hosp posted a video titled ‘The Shocking Truth About most Cryptocurrency Custody Providers.’ Hosp, through his video, explains why he believes custody…
