• 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
Arbitrum Lending Agreement TenderFI Suffers a $1.6M White Hat Attack

Arbitrum Lending Agreement TenderFI Suffers a $1.6M White Hat Attack

Arbitrum lending agreement TenderFI has reportedly suffered a $1.6 million White Hat attack via an abnormal borrowing. Announcing the alarming

News
Floki Partners with Venus Protocol to Enhance Utility Value of FLOKI Token

Floki Partners with Venus Protocol to Enhance Utility Value of FLOKI Token

Floki, the popular cryptocurrency named after Elon Musk’s dog, has recently announced its official partnership with Venus Protocol, the largest

News
Defactor (FACTR) Price Soared More Than 400% Amid Launch By Huawei; Find Out More Here

Defactor (FACTR) Price Soared More Than 400% Amid Launch By Huawei; Find Out More Here

Huawei, a technology giant teamed up with Dublin Dogpatch lab to introduce a new unknown Cryptocurrency Technology giant, Huawei introduced

News
Forsage Founders Accused of a $340 Million DeFi Pozi Scheme

Forsage Founders Accused of a $340 Million DeFi Pozi Scheme

Four founders of Forsage, a decentralized finance (DeFi) cryptocurrency investment platform, have been charged with running a Ponzi and pyramid

News
Hope Finance Hacked, Attacker Already Moved $2 Million into Tornado Cash

Hope Finance Hacked, Attacker Already Moved $2 Million into Tornado Cash

On February 20, a hacker stole around $2 million worth of crypto assets from the genesis protocol of the decentralized

News
Arbitrum Transaction Value Skyrockets Amid Heigthen DeFi Activities; What You Should Know

Arbitrum Transaction Value Skyrockets Amid Heigthen DeFi Activities; What You Should Know

Arbitrum, an Ethereum Layer 2 protocol managed to push its TVL beating the overall DeFi market The decentralized finance market

News
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Aave Community Propose BUSD Freeze Following PAXO’s SEC Lawsuit

Following today’s SEC lawsuit against token issuer Paxos, members of the Aave community are considering freezing Binance’s stablecoin BUSD, issued

Market News
Umami Finance CEO Has Recently Sold His UMAMI Tokens, Prompting a 50% Price Dip

Umami Finance CEO Has Recently Sold His UMAMI Tokens, Prompting a 50% Price Dip

As rumors of potential regulatory issues circulate, investors are panicking and frantically selling their tokens in fear of further financial

News
Russia’s Largest Bank Gets Ready to Launch Decentralized Platform By May

Russia’s Largest Bank Gets Ready to Launch Decentralized Platform By May

Sberbank, the largest bank in Russia, is set to launch its decentralized finance (DeFi) system by the end of April

News
Stargate Proposes Token Reissue Following Alameda Wallet Hack

Stargate Proposes Token Reissue Following Alameda Wallet Hack

According to a recent blog post, the DeFi protocol bridge Stargate has announced plans to reissue all of its Stargate

News
DeFi Platform Stackit Finance Partners With KyberNetwork to Maximize Efficiency During DCAing

DeFi Platform Stackit Finance Partners With KyberNetwork to Maximize Efficiency During DCAing

Multi-chain DCA platform Stackit Finance announced a partnership with blockchain-based liquidity hub KyberNetwork to integrate with Kyberswap API to maximize

Crypto Exchanges
In the Last 24 Hours, Uni Has Solidified Its Position as One of the Top 1000 Ethereum Whales

In the Last 24 Hours, Uni Has Solidified Its Position as One of the Top 1000 Ethereum Whales

Uniswap is a decentralized protocol that allows users to swap assets on the Ethereum blockchain. The protocol enables automated liquidity