• 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
German Banks Embrace Crypto Amid Regulatory Changes

German Banks Embrace Crypto Amid Regulatory Changes

German banks are preparing to expand their services into the cryptocurrency domain. This move is aligned with the upcoming implementation

News
Pac Finance Sees $24 Million Liquidated After Unannounced LTV Adjustment

Pac Finance Sees $24 Million Liquidated After Unannounced LTV Adjustment

Defi protocol Pac Finance suffered $24 million in liquidations due to a sudden change in parameters made by a developer

News
Solana DeFi Implosion: MarginFi Founder Quits After $150 Million Drain

Solana DeFi Implosion: MarginFi Founder Quits After $150 Million Drain

Edgar Pavlovsky, the founder of MarginFi, one of the leading DeFi platforms on Solana has put his resignation amid controversy

News
Etherfi Leads Liquid Staking Charge with $3.8 Billion TVL

Etherfi Leads Liquid Staking Charge with $3.8 Billion TVL

Etherfi has solidified its position as the leading protocol in the burgeoning liquid restaking (LRT) market. Data from DeFiLlama shows

News
EigenLayer’s $13 Billion Breakthrough As the Rise of Restaking and AVSs in DeFi

EigenLayer’s $13 Billion Breakthrough As the Rise of Restaking and AVSs in DeFi

EigenLayer, the highly anticipated Ethereum restaking protocol, made its debut on the mainnet this Tuesday afternoon, marking a significant milestone

News
AI & Big Data, Liquid Staking, and DeFi Surge Amidst Crypto’s Growth

AI & Big Data, Liquid Staking, and DeFi Surge Amidst Crypto’s Growth

The cryptocurrency market is a dynamic landscape, with various sectors showing promising growth and potential for investors. Among the sectors

News
Frax to Boost Liquidity with $250M USDe Allocation via Curve AMO

Frax to Boost Liquidity with $250M USDe Allocation via Curve AMO

Frax Finance, a prominent player in the decentralized finance (DeFi) lending space, has announced a $250 million allocation to bolster

News
dYdX Encounters Technical Setback Amidst Scheduled Upgrade

dYdX Encounters Technical Setback Amidst Scheduled Upgrade

The dYdX derivatives exchange protocol recently experienced an unexpected halt in operations. This event marks a significant challenge for the

Market News
DWF Labs Strikes Gold with Strategic CRV Token Purchase

DWF Labs Strikes Gold with Strategic CRV Token Purchase

DWF Labs has once again made waves by purchasing a substantial amount of $CRV tokens. As highlighted by Spot On

News
Aave Proposes Major Risk Reduction Measures for DAI Borrowing

Aave Proposes Major Risk Reduction Measures for DAI Borrowing

The Aave DeFi lending protocol is proposing significant changes to how it handles the DAI stablecoin as collateral amidst MakerDAO’s

News
Base Surpasses Polygon in DeFi TVL Rankings, Claims 8th Spot

Base Surpasses Polygon in DeFi TVL Rankings, Claims 8th Spot

According to data from DeFiLlama, there is a significant shift in the Total Value Locked (TVL) standings between two major

News
Osmosis Tops DeFi Coins in Development, Radix Sees Price Surge

Osmosis Tops DeFi Coins in Development, Radix Sees Price Surge

Santiment, a market intelligence platform, has revealed the top DeFi-related coins based on development frequency. Osmosis (OSMO) emerges as the