• 14 July, 2024

Tag: DeFi News

A subset of the bitcoin and blockchain businesses called “decentralized finance,” or “DeFi,” is devoted to offering a decentralized version of traditional financial possibilities. In the modern world, financial institutions give their clients access to options like loans and cash storage. These services are, however, controlled by centralized organizations.

DeFi solutions frequently give customers greater flexibility in terms of how they store and manage their own assets.In addition, DEXs, as opposed to trading on centralized digital asset platforms, further decentralize the trade of digital assets. We bring the latest and most transparent DeFi news to our readers out there. Our writers review and write about the best DeFi projects out there, bringing out the pros and cons and the potential impact of DeFi.

News
Crypto Crisis: Squarespace Breach Threatens 120+ DeFi Projects

Crypto Crisis: Squarespace Breach Threatens 120+ DeFi Projects

In a recent cybersecurity incident, a major breach at Squarespace, a popular SaaS provider for many Web3 platforms, has left

Market News
Top Solana DeFi Players: Jito, Marinade, and Raydium Lead the $4.27 Billion TVL Charge

Top Solana DeFi Players: Jito, Marinade, and Raydium Lead the $4.27 Billion TVL Charge

Solana’s DeFi ecosystem is showing remarkable activity, with a Total Value Locked (TVL) of $4.27 billion. The platform’s financial metrics

News
Why We’ll Never Have One Dominant Stablecoin? Ripple CTO Insights

Why We’ll Never Have One Dominant Stablecoin? Ripple CTO Insights

Bitwise Invest CEO Hunter Horsley and Ripple CTO David JoelKatz Schwartz have shared transformative insights poised to reshape the landscape

News
Base L2 Network Enters Top Three in TVL Rankings, Flips OP

Base L2 Network Enters Top Three in TVL Rankings, Flips OP

Base, a Layer 2 Ethereum network incubated at Coinbase, has recently surpassed OP Mainnet in total value locked (TVL). As

News
Jupiter Exchange Leads Solana’s DeFi Race with 2M Active Wallets

Jupiter Exchange Leads Solana’s DeFi Race with 2M Active Wallets

Jupiter Exchange has emerged as the frontrunner among Solana-based decentralized finance (DeFi) projects. Recent data from DappRadar, updated on June

News
Coinbase Forecasts Bullish Future for Ethereum Amid Current Bearish Sentiment

Coinbase Forecasts Bullish Future for Ethereum Amid Current Bearish Sentiment

According to Ignas, a DeFi research platform, Ethereum’s bearish sentiment is currently dominating discussions on Crypto Twitter. However, Coinbase analysts

News
Decentralized Lending Protocol Sonne Finance Loses $20M in Exploit

Decentralized Lending Protocol Sonne Finance Loses $20M in Exploit

Early Wednesday morning in Asia, the decentralized lending protocol Sonne Finance encountered a significant security breach, resulting in approximately $20

News
K9 Finance DAO Activates Validator on Shibarium TestNet PuppyNet

K9 Finance DAO Activates Validator on Shibarium TestNet PuppyNet

K9 Finance DAO announced on May 13, 2024, via their official X account, the activation of a validator on PuppyNet,

Market News
CryptoBoom: Analysts Forecast $5 Trillion Market Cap – What’s Next?

CryptoBoom: Analysts Forecast $5 Trillion Market Cap – What’s Next?

As pointed out by analyst CryptoBusy, the cryptocurrency market is poised for a significant surge in the coming months. In

News
The First Crypto Regulated Firm Prometheum Delays the Launch of Crypto Custody

The First Crypto Regulated Firm Prometheum Delays the Launch of Crypto Custody

The full-service market ecosystem for digital asset securities Prometheum, has earlier announced that it would launch a custody platform by

News
Ethereum Layer 2s Surge in Popularity with Affordable Transactions

Ethereum Layer 2s Surge in Popularity with Affordable Transactions

According to data shared by IntoTheBlock, Ethereum’s Layer 2 networks are redefining blockchain efficiency and scalability. Among the standout platforms

News
ZKasino Rug Pull: Binance Assists Arrest, Millions Recovered in Scam Takedown

ZKasino Rug Pull: Binance Assists Arrest, Millions Recovered in Scam Takedown

In the fight against cryptocurrency fraud, a collaborative effort led by Binance’s Crime Compliance and Investigations team has resulted in