DeFi News

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 seven days. However, Tron revealed...

Julian Hosp, CEO of Cake Group and Bake, took to X to make a significant announcement for the DeFi community. In particular, Hosp announced its team has received the first...

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 unregistered securities and amassed billions...

In a recent incident, the Zunami Protocol fell victim to a flash loan attack on August 13, 2023, resulting in a significant loss of 1,178 ETH, valued at approximately $2.16...

DeFiChain founder Dr. Julian Hosp has put forward a strategic proposal to boost the value of the platform’s native token, DFI, and drive substantial demand of over $1 million. The...

Zunami Protocol’s core liquidity pool, hosted on the decentralized exchange Curve Finance, has become the target of the latest attack in the decentralized finance space. The exploit, which resulted in...

A recent staff discussion paper released by the Bank of Canada sheds light on how Canadians view the idea of a Central Bank Digital Currency (CBDC) as a solution for...

Steadefi, a decentralized finance application, suffered a hack earlier today. The DeFi protocol, which offers leveraged yield vaults and lending pools, was exploited to the tune of $1.14 million after...

Shiba Inu, a popular memecoin built on the Ethereum blockchain, has taken the initiative to affirm its position in the decentralized finance (DeFi) ecosystem. A blockchain spokesperson revealed that a...

A whale by the name of stevu.eth deposited 200K Uniswap (UNI) to the cryptocurrency exchange OKX to take profits, according to a tweet posted earlier today by the on-chain analytics...

Earlier today, Boba Network, the multichain layer-2 (L2) solution, announced its integration with Oku, the DeFi trading platform powered by Uniswap v3 and created by GFX Labs. According to the...

In the last 30 days, Compound Finance’s (COMP) Total Value Locked (TVL) has grown by 22.09%. According to TVL aggregator DefiLlama, Compound’s TVL growth was much more than Lido Finance...

Ignas, a renowned DeFi researcher, inquired about Compound Finance’s proposed blockchain. Ignas recalled Compound Finance’s announcement of their Substrate-built Compound chain in 2021. Ignas’s recent inquiry includes a screenshot of...

Ongoing developments in the DeFi market suggest that Lido (LDO), Uniswap (UNI), and Aave (AAVE) could be set for independent upside price breakouts. Each of these coins has shown significant...

Ignas, a decentralized finance (DeFi) researcher and content creator, published a blog post delving deep into the Korean crypto culture. The researcher shed light on Korea’s preference for crypto over...

In a move to tighten belts, crypto platforms continue their strategic maneuver of laying off employees, adding a substantial percentage to the total reduction of the workforce in the crypto...

The DeFi lending protocol Sturdy Finance was attacked today causing a loss of 442 Ether, accounting for an amount of almost $800,000. As per reports, the security attack was executed...

Hong Kong’s Securities and Futures Commission (SFC) released a circular on May 31 announcing the transitional arrangements for a new licensing system for centralized crypto trading platforms. As per the...

In a recent report, market intelligence platform IntoTheBlock underscores the crucial role of liquidation blocks when evaluating risk in decentralized finance (DeFi) protocols. It highlighted that overlooking this metric could...

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 funds. The attacker has proposed...

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 than doubles after the token...

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 as the platform has not...

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 has not ruled out the...

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 days, date for which is...

ParaSpace hack resulted in the loss of over 50% of user funds. The platform has recovered $5.4 million from the funds. ParaSpace removed the CEO’s admin access, but he has...