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.
Degens Cause Trouble to DeFi; ETH Loans Pressurize Liquidity
Speculators amassed ETH loans to attain forked ETH Proof-of-Work tokens.The increased number of loan borrowers inflicted trouble on DeFi platforms.Considering the pressure on liquidity supply,…
A Summary of DeFi’s Journey Since Its Humble Beginning in 2018
A report has been released by CoinMarketCap and members of Spartan Labs.Since its start in 2018, the DeFi space has come a long way in…
Compound Labs’ Price Feed Error Causes ETH Transactions To Revert
Compound Labs shared on Twitter about an error they found during a price feed update used by Compound v2 users.The update is executed via Proposal…
FBI Warns Investors Over Cybercriminals Exploiting DeFi Platforms
The FBI warns of cybercriminals exploiting security flaws governing DeFi platforms.Hackers have stolen $1.3 billion worth of crypto, between January and March 2022.The FBI has…
DeFi Aave Daily Active User on Ethereum Down 80% From May High
The daily active user on Ethereum of Aave is down by 80% from its May high.As of yesterday, only 494 daily active users used Aave.Following…
Community Submits Proposal To Return aUSD Error Mints: Acala
Acala Network disclosed that a community proposal was submitted to return 1.68 billion aUSD error mints in the iBTC/aUSD liquidity pool.A sentiment vote is live…
Tornado Stops: The Tornado Cash DAO Goes Unoperational After Blacklist
Tornado Cash DAO went offline, along with its Discord channel.This was after the US Treasury Department’s Office of Foreign Asset Control sanctioned the website.The Tornado…
Oasis Prohibits High-Risk Flagged Wallet Addresses, Users Exasperated
Oasis.app users noticed that they were unable to access the platform and their wallets had been disconnected. Oasis clarified, stating sanctioned addresses will no longer…
Sky Mavis’ Axie Infinity Prepares for Phase 3, Season 0 Released
Axie Infinity announces the Season 0 update along with the third phase of its Origin launch.The main additions in the update are NFT runes and…
Open DeFi Notification Protocol Adds “Position Health” Feature to Aave
Open DeFi Notification Protocol adds support for Aave. This allows Aave users to get alerts on their liquidation status. The Open DeFi Notification Protocol is…
