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.
Tether Alters Terms in Singapore, Banning Local Shareholders
Tether has modified its terms of service, prohibiting Singapore residents’ shareholding in USDT exchanging. Julian Hosp, the CEO of Cake DeFi, disclosed an email from…
DeFi Platform Mixin Network Suffers $200m Hack; Pauses Services
Decentralized platform Mixin Network announce a $200 million exploit on its platform. The hack was caused by a breach in its cloud service provider’s database.…
North Korean Hackers Tied With Dictator Are Exploiting DeFi: Laura Shin
Messari CEO Ryan Selkis tweeted that he doesn’t believe North Korea is behind billions of dollars worth of crypto hacks. Crypto journalist Laura Shin explained…
Investors Love DeFi, See Crypto as Shitcoins: COMP Founder
Institutional investors are more interested in DeFi than cryptocurrencies, says COMP founder. Robert Leshner argued institutions are interested in using blockchain technology to borrow traditional…
![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 "Ordinals and Restaking to Fuel Next BTC Bull Run: DEFI Researcher")
Ordinals and Restaking to Fuel Next BTC Bull Run: DEFI Researcher
According to DEFI Researcher Ignas, Bitcoin will breakout in 2025. Leveraging Innovations like Restaking and Bitcoin Ordinals will fuel the breakout. Bitcoin ordinals are falling…
FriendTech’s Rapid Rise Hit by 97% Decline in Numbers: What Goes Wrong?
DeFi app FriendTech's hype wanes, with rapid decline in numbers. Peak daily fees hit $1.7 million, but dropped 98% to $38,000. Concerns raised over trading…
Tron’s +1M Active Addresses: Survey Finds 66.7% of Crypto Users Never Used It
A DeFi researcher surveyed the crypto community on their recent activity on various blockchain networks. 42.8% of respondents reported using Ethereum transactions in the last…
DeFiChain Up 16% as Cake Group Announces ETH Staking Rewards Burn
Cake Group announced receiving the first Ethereum staking rewards from DeFiChain. The team will swap the rewards into DeFiChain's native token, DFI, and send them…
Gemini Files a Reply Memorandum Against SEC To Dismiss Lawsuit
Gemini Trust Company files a reply brief requesting the court to dismiss the SEC lawsuit against the exchange. The lawsuit claimed that the platform traded…
Zunami Protocol’s Post Mortem Reveals Flash Loan Attack Details
Zunami Protocol hit by a flash loan attack, losing over $2 million in ETH on August 13. Attackers manipulated prices of key tokens, draining liquidity…
