• 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
Dencun Upgrade Set to Propel Ethereum’s Network Capabilities in 2024

Dencun Upgrade Set to Propel Ethereum’s Network Capabilities in 2024

Ethereum’s development community recently convened on December 21 to discuss the forthcoming “Dencun” upgrade. The upgrade, initially scheduled for late

Market News
PancakeSwap’s CAKE Token Faces Crucial Decision Amid Supply Reduction Proposal

PancakeSwap’s CAKE Token Faces Crucial Decision Amid Supply Reduction Proposal

In a recent proposal discussion within the PancakeSwap community, there emerged a noteworthy suggestion to trim the total supply limit

News
DEX Rankings Upset: Is 1inch the True King of DeFi Trading?

DEX Rankings Upset: Is 1inch the True King of DeFi Trading?

The DeFi world is buzzing with a potential paradigm shift. A new analysis challenges the long-held assumption of Uniswap as

News
FTX Plans To Pay Customers and Creditors by Liquidating Crypto Assets

FTX Plans To Pay Customers and Creditors by Liquidating Crypto Assets

According to a recent proposal filed by FTX, the platform has decided to pay billions of dollars in cash to

Market News
SHIB, BONE, and LEASH Experience Significant 30-Day Growth

SHIB, BONE, and LEASH Experience Significant 30-Day Growth

In the dynamic world of cryptocurrency, the Shiba Ecosystem has recently emerged as a notable player. According to @LuciieSHIB, a

News
Solana Overtakes Ethereum in DEX Volumes, Secures Second Blockchain Spot

Solana Overtakes Ethereum in DEX Volumes, Secures Second Blockchain Spot

In a recent development, renowned crypto analyst Budhil Vyas revealed that Solana achieved a historic milestone by surpassing Ethereum in

Market News
OKX DEX Contract Has Been Exploited: Users To Lose Over $400K

OKX DEX Contract Has Been Exploited: Users To Lose Over $400K

Reportedly, OKX DEX suffered a breach in their network, resulting in a loss of over $400K to users. OKX had

News
XVS Price Falls Following Reports on a Vulnerability in Venus Protocol

XVS Price Falls Following Reports on a Vulnerability in Venus Protocol

Venus Protocol, a lending platform on the BNB chain, responded to the rumors stating that the DeFi protocol has been

News
Ark Invest Continues Its Coinbase Selling Spree: GBTC and Robinhood To Join the Spree

Ark Invest Continues Its Coinbase Selling Spree: GBTC and Robinhood To Join the Spree

Cathie Wood, CEO of Ark Invest, has reportedly sold shares of Coinbase (COIN) and Grayscale Bitcoin Trust (GBTC) as the

News
DeFi’s Market Share Surges 18%; TVL Increases 25%, Reaching $50 Billion

DeFi’s Market Share Surges 18%; TVL Increases 25%, Reaching $50 Billion

November unveiled a remarkable 18% surge in the decentralized finance (DeFi) sector’s market share in the cryptocurrency market. This development

News
VanEck Predicts a Smooth Bitcoin Halving in 2024 Q1; Bitcoin Will See ATH in Q4

VanEck Predicts a Smooth Bitcoin Halving in 2024 Q1; Bitcoin Will See ATH in Q4

Investment Manager VanEck predicted that the long-awaited US recession would arrive in the first half of 2024. In times of

Market News
Solana’s Resurgence: Doubling of Active Addresses Signals DeFi Revival

Solana’s Resurgence: Doubling of Active Addresses Signals DeFi Revival

In the dynamic world of decentralized finance (DeFi), Solana’s ecosystem is showing promising signs of revival. Despite trailing behind Ethereum