• 23 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.

News
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

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Atomic Wallet Hacker Launders Stolen Funds Through Binance & Huobi

Atomic Wallet Hacker Launders Stolen Funds Through Binance & Huobi

The hacker behind the $35 million attack on Atomic Wallet laundered half a million worth of crypto assets through popular

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Binance and Binance US Work Independently: Binance Claims, Report Contradicts

Binance and Binance US Work Independently: Binance Claims, Report Contradicts

According to the recent revelations, Guangying Chen, a senior executive at the leading crypto exchange Binance, has been recognized as

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Evertas Expands Crypto Insurance Offerings: Coverage Limit Increases to $420m

Evertas Expands Crypto Insurance Offerings: Coverage Limit Increases to $420m

The Chicago-based digital asset insurance company, Evertas has recently declared the expansion of the crypto insurance offerings with an increase

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Singapore’s Central Bank Strengthens Customer Due Diligence

Singapore’s Central Bank Strengthens Customer Due Diligence

The central bank of Singapore, the Monetary Authority of Singapore (MAS), has issued a notice necessitating the cryptocurrency companies to

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Floki Launches Strategic Marketing Partnership With Binance Pay

Floki Launches Strategic Marketing Partnership With Binance Pay

Floki, the web3 project behind the world’s fourth largest meme token FLOKI, launched a strategic marketing partnership with crypto giant

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Gemini Exchange Acquires a Crypto License in the United Arab Emirates

Gemini Exchange Acquires a Crypto License in the United Arab Emirates

The regulated crypto exchange Gemini has announced that it would soon begin the process of acquiring a license to operate

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DeFi Downtrend and Complex Investments: Explores On-Chain Analyst

DeFi Downtrend and Complex Investments: Explores On-Chain Analyst

The world’s leading on-chain and financial metrics, charts, and data provider Glassnode’s latest research article, entitled “Dealing with the DeFi

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MakerDAO Proposes 3.33% Increase in DAI Savings Rate, Making MakerDAO Vital

MakerDAO Proposes 3.33% Increase in DAI Savings Rate, Making MakerDAO Vital

The MakerDAO community is set to vote on a proposal that could potentially increase the savings rate of its Dai

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Cardano’s Defi Summer Kicks Off, Poised to Disrupt Crypto Market

Cardano’s Defi Summer Kicks Off, Poised to Disrupt Crypto Market

Cardano, the secure and decentralized blockchain platform, is poised to shake up the crypto world this summer with its groundbreaking

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$120 Million at Risk Due to Critical Flaw Found in Latest AAVE Release

$120 Million at Risk Due to Critical Flaw Found in Latest AAVE Release

In recent news, it has been reported that a design flaw has been uncovered in the Polygon-based iteration of Aave

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Defi Giant Lido Finance Considers LDO Staking, Threatening ETH

Defi Giant Lido Finance Considers LDO Staking, Threatening ETH

In a recent development, Lido Finance, the liquid staking giant, has announced its plans to revamp its tokenomics. Community members