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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Apple Removes Damus from App Store: “A Watershed Moment”, Says Damus

Apple Removes Damus from App Store: “A Watershed Moment”, Says Damus

Damus, a decentralized social media platform built on the leading decentralized social media protocol Nostr, announced that the application would

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Hudson Bay Ventures’ $20 Billion Hedge Fund Industry: Expands to Dubai

Hudson Bay Ventures’ $20 Billion Hedge Fund Industry: Expands to Dubai

Hudson Bay Capital Management, a renowned investment firm based in Greenwich, is making its mark on the global stage by

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Nigerian SEC Declares Binance Nigeria Illegal, Undermining Country’s Blockchain Drive

Nigerian SEC Declares Binance Nigeria Illegal, Undermining Country’s Blockchain Drive

The Nigerian Securities and Exchange Commission (SEC) has declared Binance, a leading cryptocurrency exchange, to operate illegally in the country.

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Circle CEO Lauds US Congress For New Bi-partisan Stablecoin Bill

Circle CEO Lauds US Congress For New Bi-partisan Stablecoin Bill

Jeremy Allaire, the man at the helm of stablecoin giant Circle Internet Financial, lauded the United States Congress for its

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Terra Founder Do Kwon Reportedly Meddled In Montenegro’s Elections

Terra Founder Do Kwon Reportedly Meddled In Montenegro’s Elections

Do Kwon, the disgraced founder of Terraform Labs, reportedly sponsored a high-profile politician in Montenegro for several years. Kwon, who

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NFA Labs Unveils Lending Protocol Canis For Shibarium Ecosystem

NFA Labs Unveils Lending Protocol Canis For Shibarium Ecosystem

NFA Labs, the web3 outfit behind the Not Financial Advice token, unveiled a strategic business unit earlier today called Canis.

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Binance US’ Payment & Banking Partners Intend to Pause USD Fiat Channels

Binance US’ Payment & Banking Partners Intend to Pause USD Fiat Channels

The US arm of the crypto exchange Binance, Binance US has announced that its payment and banking partners intend to

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EU Consumer Group Targets Crypto Ads On Social Media

EU Consumer Group Targets Crypto Ads On Social Media

European Union’s consumer group BEUC targeted cryptocurrency ads on social media in its latest complaint to the European Commission and

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$600 Million BNB Bridge Exploit Unfolds: Perpetrator Faces Liquidation

$600 Million BNB Bridge Exploit Unfolds: Perpetrator Faces Liquidation

In a significant development involving the Binance (BNB) Bridge exploit, the individual responsible for the exploit, who allegedly stole approximately

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SEC Files Lawsuit Against Coinbase Alleging Unregistered Securities Offering

SEC Files Lawsuit Against Coinbase Alleging Unregistered Securities Offering

The US Securities and Exchange Commission (SEC) has taken legal action against the major New York-based cryptocurrency exchange, Coinbase. In

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US SEC Sues Binance for Mishandling Billions of Dollars

US SEC Sues Binance for Mishandling Billions of Dollars

The US Securities and Exchange Commission (SEC) has reportedly filed 13 charges against the world’s largest crypto exchange Binance, its

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Multichain Token Soars 45% As Transactions Return To Normalcy

Multichain Token Soars 45% As Transactions Return To Normalcy

Cross-chain router protocol (CRP) Multichain’s operations resumed in full swing today, leading to a significant surge in its native token