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.
Uniswap Reportedly Down Due to Cloudflare Routing Issue
Uniswap’s discord moderator said that the breakdown is due to a Cloudflare routing issue.Users are asked to use the current version via the IPFS links…
DeFi App Maple Finance Toughens Lending Standards For Borrowers
Maple Finance tightens lending standards.Borrowers on the platform now need to file audited accounts with extra checks.CEO Powell said Maple Finance has suffered only one…
Moola Market Loses $8.4 Million in an ‘Incredibly Simple Attack’
Moola Market suffered a cyber-attack exploiting over $8.4 million.The DeFi platform managed to retrieve 93.1% of the exploited funds.A tech lead at Arbitrum saved BitBTC…
Habitual Crypto Hacks Have National Security Concerns, Says Expert
The continuous episodes of web3 theft may have significant security implications.Blockchain criminals stole over $3 billion via 141 crypto vulnerabilities this year.Chainalysis said cross-chain bridge…
Hacker Steals 4300 BNB from BitKeep Swap, Moves it to Tornado Cash
A Web3 multi-chain wallet is the latest target of hackers in the crypto industry.Hacker stole 4300 BNB from BitKeep Swap and transferred it to Tornado…
October Worst Month For DeFi Protocol Hacks, Chainalysis Reports
DeFi Protocol hackers are reportedly high in October 2022.Chainalysis reported that $718M has been stolen from DeFi platforms across 11 different hacks, in 2022.Also, 2022…
TempleDAO Suffers Attack; Resulting in $2 Million in Losses
TempleDAO and its associated project STAX Finance has lost $2.34 million in a hack.STAX confirmed on its website that the hack is under control.The stolen…
Liquidity Provider Wintermute Loses $160 Million From Recent Hack
Wintermute’s CEO discloses that the firm lost $160 million in a recent hack. The CEO of Wintermute, Evgeny Gaevoy, said the company stays solvent. The…
Russian Entrepreneur Alexander Lebedev Readies Ruble Stablecoin
Alexander Lebedev plans on introducing a stable coin backed by the Ruble. ‘InDeFi has nothing to do with the Russian ruble,’ says Mendeleev, InDeFi CEO.…
There is a Massive Market Potential for Crypto Insurance Providers
InsurAce CMO says there is huge market potential in DeFi insurance, says Cointelegraph.After a rocky couple of months, DeFi insurance is needed now more than…
