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Sunday, April 2, 2023

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.

News

Nomura’s Laser Digital Ventures in Infinity DeFi Lending Protocol

Collins Adane -
Nomura’s crypto arm invests in DeFi lending protocol Infinity. The firms made no indication of the total amount of the investment. Nomura established Laser Digital amid...
News

Paxos Trust Company is Under Scrutiny: NYDFS Investigates

Nynu V Jamal -
Paxos Trust Company is under the scrutiny of the New York Department of Financial Services. A person familiar with the matter told that the reason...
News

DeFi Staking Servies Could Benefit From U.S Crackdown On Staking

Coin Edition -
DeFi staking services may benefit from the SEC’s crackdown on centralized staking. Traders rushed to exit centralized exchanges in favor of DeFi protocols like Lido...
News

Crypto Influencer Claims Chainlink’s Multisig May Destroy DeFi

Coin Edition -
A crypto influencer recently highlighted the vulnerabilities in Chainlink’s 4-of-9 multisig. The influencer believes that the DeFi ecosystem’s exposure to Chainlink oracles may be catastrophic. Popular...
Market

50% of USDT is on Tron, Has Been Growing: Crypto Analyst

Collins Adane -
Patrick Dynamo Defi tweets that more than 50% of USDT is on Tron when compared to 39.87% on Ethereum. The dominance of the Tron network...
News

Another Solana DeFi Lender Sends Users Packing with Their Funds

Abdulkarim Abdulwahab -
EverlendFinance has asked users to take their funds elsewhere as it shuts down. The protocol controlled $400,000 at the peak of its operation. Last month, two...
Market

Ark Invest: Crypto And Smart Contracts Market Could Hit $20 Trillion

Abdulkarim Abdulwahab -
Ark Invest said the crypto market would be worth $20 trillion in the next ten years. Despite FTX collapse, DeFi trading volume relative to...
Market

Russian Crypto Traders Offered Exchange Accounts On Dark Web

Ross -
Russian residents are being sold ready-to-use Bitcoin exchange accounts on the dark web. There were 400 new advertisements for ready-made, verified wallets on various exchanges...
News

Eisenberg Amasses $144 M: Mango Lab Sues for Price Manipulation

Nynu V Jamal -
Mango Labs sued Avraham Eisenberg for manipulating MNGO’s price. Eisenberg amassed $114 million in profits upon the manipulation of the price. He promised to return $67...
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