• 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.

Market News
ParaSwap Swiftly Acts to Mitigate Security Vulnerability in DeFi Contract

ParaSwap Swiftly Acts to Mitigate Security Vulnerability in DeFi Contract

DEX aggregator ParaSwap recently identified a critical security issue within the Augustus V6 contract used in approved aggregator smart contracts.

Market News
ETH’s Price Tumble Triggers DeFi Distress with Soaring Liquidations

ETH’s Price Tumble Triggers DeFi Distress with Soaring Liquidations

The decentralized finance (DeFi) sector is grappling with an unsettling wave of liquidations, primarily spurred by Ethereum’s (ETH) recent price

News
EigenLayer Leads Charge of Restaking Protocols with a TVL of $8.35 Billion

EigenLayer Leads Charge of Restaking Protocols with a TVL of $8.35 Billion

The decentralized finance (DeFi) sector is experiencing a surge with EigenLayer’s restaking protocol emerging as a key driver. Amidst this

News
DeFi Surges as Total Value Locked Nears 2021 Highs

DeFi Surges as Total Value Locked Nears 2021 Highs

The decentralized finance (DeFi) sector is experiencing a significant resurgence with the total value locked (TVL) surging past $137 billion.

News
DeFi Coins Emerge: Osmosis, Radix, and Uniswap Show Diverse Trends

DeFi Coins Emerge: Osmosis, Radix, and Uniswap Show Diverse Trends

The past month has seen notable developments in cryptocurrency in various DeFi-related coins. In an X post update, analytics platform

News
DeFi Surges as AI Takes a Backseat in Crypto Market: Report

DeFi Surges as AI Takes a Backseat in Crypto Market: Report

In crypto, the shift from Artificial Intelligence (AI) themed tokens to Decentralized Finance (DeFi) assets is becoming increasingly apparent. Daan

News
DeFi Surpasses AI Craze, Ushering in New Era of Financial Innovation: Report

DeFi Surpasses AI Craze, Ushering in New Era of Financial Innovation: Report

In a recent development, renowned market intelligence platform Santiment has uncovered a significant shift in market dynamics, with the DeFi

News
Aave Integrates with BNB Smart Chain, Boosting Liquidity and Accessibility

Aave Integrates with BNB Smart Chain, Boosting Liquidity and Accessibility

In a groundbreaking move for the DeFi sector, Aave, a leading DeFi protocol, has successfully integrated with the BNB Smart

News
Stellar Network Flourishes with Smart Contracts and Protocol 20 Upgrade

Stellar Network Flourishes with Smart Contracts and Protocol 20 Upgrade

The Stellar ecosystem shared that the smart contracts are now officially live on the Stellar network. This marked the start

News
DeFi Sector TVL Surpasses  $70 Billion Mark – Can Momentum be Sustained?

DeFi Sector TVL Surpasses  $70 Billion Mark – Can Momentum be Sustained?

In a notable development, the decentralized finance sector has witnessed an immense insurgence, with the Total Value Locked (TVL) surpassing

News
DeFi Market Soars: $26.15 Billion Projected Revenue in 2024 Amidst Global Growth

DeFi Market Soars: $26.15 Billion Projected Revenue in 2024 Amidst Global Growth

The DeFi market is poised to hit a significant milestone, projecting a revenue surge of $26.15 billion this year, with

Market News
Insight into February’s Major Crypto Token Unlocks: Opportunities and Risks

Insight into February’s Major Crypto Token Unlocks: Opportunities and Risks

In the rapidly evolving world of cryptocurrency and decentralized finance (DeFi), significant token unlocks are slated for February, marking a