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.
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…
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…
