• 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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Sui Foundation Dumps DEX MovEx Following Token Lockup Violation

Sui Foundation Dumps DEX MovEx Following Token Lockup Violation

The Sui Foundation announced earlier today that it had terminated its relationship with decentralized exchange (DEX) MovEx. The foundation accused

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Research Unravels the Dominance of DeFi Protocols and their Tokenomics Impact

Research Unravels the Dominance of DeFi Protocols and their Tokenomics Impact

In recent years, the decentralized finance (DeFi) sector has experienced explosive growth, reshaping the traditional financial landscape and empowering users

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Comms Lead Reveals How VeChain is Employing NFT and NFC Technologies

Comms Lead Reveals How VeChain is Employing NFT and NFC Technologies

In a recent interview with the Chris of the @CheekyCrypto team, Jake C, the Communications Lead at VeChain, expounded on

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BlockSec Assists EraLend in Recovering From $3.4M Attack

BlockSec Assists EraLend in Recovering From $3.4M Attack

BlockSec, a cybersecurity firm, is stepping in to help Era_Lend address a recent security breach. Preliminary findings revealed that the

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Decentralized Exchanges Face Steep Decline in Trading Volumes

Decentralized Exchanges Face Steep Decline in Trading Volumes

Decentralized exchanges (DEXs) have experienced a significant downturn in trading volumes, according to data from leading cryptocurrency market data provider,

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Parrot Protocol’s New Proposal Receives Criticism From Community

Parrot Protocol’s New Proposal Receives Criticism From Community

Solana-based decentralized finance project Parrot Protocol recently forwarded a proposal to redeem its governance token PRT in order to become

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Adoption Struggles for New EVM Chains: Solana’s NEON and Others

Adoption Struggles for New EVM Chains: Solana’s NEON and Others

Ignas, a prominent DeFi researcher and content creator, has provided insights into the adoption rates of various EVM chains, drawing

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Decentralized Exchanges in 2023: UNI Reigns Amidst Declining Volumes

Decentralized Exchanges in 2023: UNI Reigns Amidst Declining Volumes

In the rapidly evolving world of cryptocurrencies, decentralized exchanges (DEXs) have been gaining popularity for their promise of increased security

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Indonesia Unveils National Cryptocurrency Exchange & Futures Clearing House

Indonesia Unveils National Cryptocurrency Exchange & Futures Clearing House

The Indonesian government recently launched the country’s first national cryptocurrency exchange along with a futures clearing house for the settlement

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CoinGecko’s Q2’23 Report Underscores Decline In Spot Trading Volume

CoinGecko’s Q2’23 Report Underscores Decline In Spot Trading Volume

A crypto industry report released by the crypto analytics platform CoinGecko underscored various industry trends. These included a decline in

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MULTI Token Tanks 18% After Multi Chain Suspends Operations Amid Legal Trouble

MULTI Token Tanks 18% After Multi Chain Suspends Operations Amid Legal Trouble

Multichain, one of the largest cross-bridge protocols, announced earlier today that it had suspended all operations. The news came more

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Klever Issues Security Alert Over External Incident Impacting Crypto Wallets

Klever Issues Security Alert Over External Incident Impacting Crypto Wallets

Crypto wallet provider Klever recently issued a Security Alert due to an external security incident that affected users across various