• 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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Lido’s Total Value Locked Sees Slight Dip Amid Changing DeFi Landscape

Lido’s Total Value Locked Sees Slight Dip Amid Changing DeFi Landscape

Over the past week, there has been a notable shift in Lido’s financial position. The platform’s Total Value Locked (TVL),

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Cypher Protocol Faces $1 Million Security Breach in Major Crypto Exploit

Cypher Protocol Faces $1 Million Security Breach in Major Crypto Exploit

In a significant cybersecurity incident, Cypher Protocol, a decentralized futures exchange built on the Solana blockchain, fell victim to a

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MakerDAO Surpasses Aave Following TVL Shift Post Curve Exploit

MakerDAO Surpasses Aave Following TVL Shift Post Curve Exploit

In the rapidly evolving world of decentralized finance (DeFi), liquidity and trust are paramount. Recently, this dynamic was evident when

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Curve Finance Recovers 73% of Stolen Funds Following Recent Hack

Curve Finance Recovers 73% of Stolen Funds Following Recent Hack

Curve Finance, a prominent decentralized finance (DeFi) platform, has significantly recovered 73% of the funds stolen during a hack that

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Crypto Enthusiast Analyzes Crypto Narratives’ Influence on Investors and Founders

Crypto Enthusiast Analyzes Crypto Narratives’ Influence on Investors and Founders

Arthur Cheong, the founder, and CEO of the leading Web3 and crypto-focused investment firm DeFiance Capital, recently took to Twitter

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CryptoQuant Founder Disagrees With Concerns of Bank Run On Binance

CryptoQuant Founder Disagrees With Concerns of Bank Run On Binance

Ki Young Ju, the co-founder and chief executive of on-chain analytics platform CryptoQuant, recently stated there was no risk of

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DeFi Blue Chips MKR and COMP Lead the Pack During Bitcoin Season

DeFi Blue Chips MKR and COMP Lead the Pack During Bitcoin Season

At the beginning of August 2023, the cryptocurrency market witnessed a notable shift as alt season ended and Bitcoin season

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FTX Plans a Potential Reboot Amidst Controversies and BALD Coin Speculations

FTX Plans a Potential Reboot Amidst Controversies and BALD Coin Speculations

The defunct crypto exchange FTX is in the process of a potential reboot, aiming to restart its services for international

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Curve Finance Exploit May Involve State Sponsored Hackers: DeFi Expert

Curve Finance Exploit May Involve State Sponsored Hackers: DeFi Expert

A decentralized finance expert who goes by fubuloubu on Twitter believes that the attack that occurred on Curve Finance earlier

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Lawsuit Against Terraform Labs Prevents Repayment For Victims, Says CEO

Lawsuit Against Terraform Labs Prevents Repayment For Victims, Says CEO

Chris Amani, the newly appointed Chief Executive of Terraform Labs, stated recently that the delay in repayment to the victims

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DeFi Ecosystem Rocked by Curve Finance Exploit, Leads to Borrowing Changes

DeFi Ecosystem Rocked by Curve Finance Exploit, Leads to Borrowing Changes

Llama and Chaos Labs have proposed a series of changes to the Ethereum Aave v2 Liquidity Pool. The proposal, an

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DeFi Total Value Locked (TVL) Remains Stable Amidst Market Fluctuations

DeFi Total Value Locked (TVL) Remains Stable Amidst Market Fluctuations

The world of decentralized finance, commonly known as DeFi, has been abuzz with activity in the past month, as the