• 22 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
K9 Finance DAO Activates Validator on Shibarium TestNet PuppyNet

K9 Finance DAO Activates Validator on Shibarium TestNet PuppyNet

K9 Finance DAO announced on May 13, 2024, via their official X account, the activation of a validator on PuppyNet,

Market News
CryptoBoom: Analysts Forecast $5 Trillion Market Cap – What’s Next?

CryptoBoom: Analysts Forecast $5 Trillion Market Cap – What’s Next?

As pointed out by analyst CryptoBusy, the cryptocurrency market is poised for a significant surge in the coming months. In

News
The First Crypto Regulated Firm Prometheum Delays the Launch of Crypto Custody

The First Crypto Regulated Firm Prometheum Delays the Launch of Crypto Custody

The full-service market ecosystem for digital asset securities Prometheum, has earlier announced that it would launch a custody platform by

News
Ethereum Layer 2s Surge in Popularity with Affordable Transactions

Ethereum Layer 2s Surge in Popularity with Affordable Transactions

According to data shared by IntoTheBlock, Ethereum’s Layer 2 networks are redefining blockchain efficiency and scalability. Among the standout platforms

News
ZKasino Rug Pull: Binance Assists Arrest, Millions Recovered in Scam Takedown

ZKasino Rug Pull: Binance Assists Arrest, Millions Recovered in Scam Takedown

In the fight against cryptocurrency fraud, a collaborative effort led by Binance’s Crime Compliance and Investigations team has resulted in

News
Transaction Volue of Top DeFi Bluechips Drops by 70%

Transaction Volue of Top DeFi Bluechips Drops by 70%

The decentralized finance (DeFi) ecosystem has encountered a notable downturn in transaction volume, particularly among its leading tokens. Recent data

News
EU Sets Stage for DeFi Integration with Traditional Banking via MiCA Framework

EU Sets Stage for DeFi Integration with Traditional Banking via MiCA Framework

As Europe (EU) gears up for a regulatory review of decentralized finance (DeFi), key voices in the crypto sphere forecast

News
Stablecoin Market Recovers with $160B Cap, Nearing All-Time High

Stablecoin Market Recovers with $160B Cap, Nearing All-Time High

The stablecoin market is seeing a resurgence, with its total market cap approaching the record high of $188 billion. Per

News
Ethereum’s First Quarter Earnings Triple to $365 Million as DeFi Activity Skyrockets

Ethereum’s First Quarter Earnings Triple to $365 Million as DeFi Activity Skyrockets

According to The DeFi Report analyst Michael Nadeau, Ethereum raked in $365 million in revenue in the first quarter of

News
Jury Deliberates: What Will Avraham Eisenberg’s Trial Mean for DeFi’s Future?

Jury Deliberates: What Will Avraham Eisenberg’s Trial Mean for DeFi’s Future?

In a legal proceeding that has riveted the crypto community, the trial of Avraham “Avi” Eisenberg is underway in the

News
WOO Enhances Bold Expansion Plans for Bitcoin and DeFi Innovation Hub

WOO Enhances Bold Expansion Plans for Bitcoin and DeFi Innovation Hub

WOO has unveiled ambitious plans to bolster its innovation hub in Europe, with a particular focus on enhancing the Bitcoin

News
Uniswap’s Bold Move: Trading Fees Surge Amid SEC Legal Shadows

Uniswap’s Bold Move: Trading Fees Surge Amid SEC Legal Shadows

Uniswap has raised its trading fees by 67% on its decentralized exchange to secure its future. This decision comes as