• 27 November, 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.

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The Rise of RWAs and SocialFi: Navigating DeFi’s Tumultuous Third Quarter

The Rise of RWAs and SocialFi: Navigating DeFi’s Tumultuous Third Quarter

In a quarter marked by turbulence, decentralised finance (DeFi) experienced noteworthy shifts, with TVL dropping by over 10% and an

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Hong Kong Police Issue Warning Amidst Surge in Binance Phishing Scams

Hong Kong Police Issue Warning Amidst Surge in Binance Phishing Scams

The Hong Kong police disclosed a notable increase in the volume of reports from citizens who have fallen victim to

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THORSwap to Halt Illicit Activity Amid FTX Hackers’ Cross-Chain Exploits

THORSwap to Halt Illicit Activity Amid FTX Hackers’ Cross-Chain Exploits

THORSwap, a prominent cross-chain decentralized exchange (DEX), has taken decisive action to thwart illicit activities by hackers exploiting cross-chain functionalities,

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MakerDAO Records Consistent Revenue Growth Despite Tanking TVL

MakerDAO Records Consistent Revenue Growth Despite Tanking TVL

Decentralized finance (DeFi) protocol MakerDAO recently posted a weekly revenue growth of over 47%. The DeFi protocol managed to grow

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Friend Tech Protocol’s TVL Surpasses 30,000 ETH Mark

Friend Tech Protocol’s TVL Surpasses 30,000 ETH Mark

In the fast-paced world of decentralized finance (DeFi), a standout player has recently taken the spotlight with extraordinary achievements. Friend

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SlowMist’s On-Chain Investigation Helps Nano Labs Exec Recover Stolen Funds

SlowMist’s On-Chain Investigation Helps Nano Labs Exec Recover Stolen Funds

Jack Kong, the founder of China-based chip design firm Nano Labs, recently reported that the investigation into a recent crypto

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U.S. Investors Gripped by Stock Market Anxiety: Fear Peaks After Six Months

U.S. Investors Gripped by Stock Market Anxiety: Fear Peaks After Six Months

In an unexpected turn of events, a renowned crypto analyst, Crypto Busy, shared his insights on X (formerly known as

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Decoding Uniswap’s Fee Collection Supremacy in Decentralized Exchanges

Decoding Uniswap’s Fee Collection Supremacy in Decentralized Exchanges

In decentralized exchanges (DEXes), Uniswap has maintained a solid lead against its competitors, even during slower market phases. One key

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Tether’s Singapore ToS Update Sparks Cryptocurrency Debate

Tether’s Singapore ToS Update Sparks Cryptocurrency Debate

The stablecoin issuer, Tether, entered the fray, sending ripples of concern and confusion when Dr Julian Hosp, the CEO and

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Massive Attack Drains $LUSD Liquidity, Plummeting Its Price to Zero

Massive Attack Drains $LUSD Liquidity, Plummeting Its Price to Zero

In a shocking turn of events, Linear Finance, a blockchain-based decentralized finance (DeFi) platform that offers a seamless and efficient

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Grayscale Reflects On The Potential Impact Of FOMC Meeting

Grayscale Reflects On The Potential Impact Of FOMC Meeting

Grayscale Investments, the crypto giant behind the world’s largest Bitcoin fund (Grayscale Bitcoin Trust), recently stated that the upcoming Federal

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Dexalot Unveils Game-Changing SimpleSwap and SimpleView Features on Avalanche

Dexalot Unveils Game-Changing SimpleSwap and SimpleView Features on Avalanche

In a groundbreaking development in decentralized finance (DeFi), Dexalot, the coolest decentralized exchange (DEX) on the Avalanche blockchain, recently launched