Latest DeFi News
Network Disruption Halts Degen Chain Operations
The network stopped at block #15524774 and has not produced a block for over 17 hours.
Decentralized Recovery Alliance Welcomes Ripple and XRPL Labs
DeRec Alliance seeks to speed and standardize the recovery of digital assets in the web3 business, particularly for non-experts in…
CFTC Commissioner Johnson Advocates AI Governance in DeFi
In response to these concerns, Johnson has recommended several measures to better manage the risks associated with AI in financial…
EigenLayer Airdrop: What Is The Controversy About EIGEN Token?
The ETH restaking protocol EigenLayer announced the launch of its much-awaited native token EIGEN on April 29 with somewhat “tricky”…
Aave Labs Unveil Aave V4 Roadmap for DeFi Lending Revolution
Aave Labs has unveiled an exciting proposal for the next phase of its DeFi lending protocol, Aave V4, as part…
DeFi TVL Plunges $10B: Avalanche & Solana Lead Losses
According to the DefiLlama data aggregator statistics, the decentralized finance (DeFi) total value locked (TVL) plunged by $10 billion. Avalanche…
Curve Finance Rewards Dev $250K for Vulnerability Discovery
A pseudonymous cybersecurity expert Marco Croc, received a $250K reward for discovering a significant flaw in the Curve Finance decentralized…
Pike Finance Hit by Security Breach, $1.68 Million Stolen
Pike Finance is a DeFi lending protocol that got caught in the debacle of a smart contract exploit that suffered…
mpDAO launches fund to support crypto projects in Latin America
Meta Pool DAO (mpDAO) has launched the first Latin American fund aimed at helping crypto projects located in frontier markets,…
Dead DeFi Protocol Yield Leaks Crypto Funds in Hacked Pool
Hackers recently exploited smart contracts from the defunct decentralized finance (DeFi) lending platform Yield Protocol, managing to siphon off around…
Uniswap Drives 37% Surge in Layer 2 Trading on Ethereum
Uniswap's L2 volume surge is fueled by Arbitrum and Coinbase’s Base, accounting for 82% of its predominant growth in Layer…
Stripe Makes Buying Avalanche (AVAX) Easier with Direct Purchase
Stripe, a financial infrastructure platform for businesses with a fiat-to-crypto onramp, now supports the Avalanche C-Chain. Retail users can purchase…
Dolomite Collabs With X Layer to Launch Its Lending Protocol
DeFi lending protocol Dolomite is making a strategic move by officially launching on X Layer, OKX's innovative Ethereum-based Layer 2…
Lido Finance Hits 1 Million Validators, Fuels DeFi Growth
In an April 29 announcement, Lido Finance, the leading liquid staking protocol on Ethereum, has hit a huge milestone, reaching…
EU DeFi Rules: Banks Favoured, Crypto Startups Challenge
New DeFi Regulation in Europe may benefit big banks, but at the same time, set significant obstacles for crypto-based startups.…
Stripe Brings Back Crypto Payments After 6-year Hiatus
Stripe, the fintech giant, gets back into the cryptocurrency market, after 6-year hiatus. It will take cryptocurrency payments for the…
C3.io is Powering DeFi with Algorand Foundation Partnership
In the exciting realm of decentralized finance (DeFi), C3.io emerges as a powerhouse, fueled by a dynamic partnership with AlgoFoundation.…
Fireblocks Introduces Tools to Safeguard DeFi for Institutions
The solutions use MetaMask Institutional, Fireblocks’ browser plugin, and WalletConnect to verify decentralized applications across more than 40 blockchains.
Renzo’s ezETH Depegging Event Triggers Market Turbulence
This event, often called depegging, was short-lived, as the token's value realigned with Ether shortly after the decline.
Morph and Pyth Join to Revolutionize DeFi on Ethereum Layer 2
Morph, an Ethereum Layer 2 solution, has teamed up with Pyth Network to enhance decentralized finance (DeFi) applications. This integration…
Banksters Launches $BARS Token Sale on Three Major Launchpads
Banksters, a gamified educational platform focused on financial literacy, announced the launch of its native token, $BARS, through a sale…
Injective Boosts INJ Deflation by 400% with 3.0 Tokenomics Update
Previously, INJ operated with wider inflationary parameters, but the new policy tightens these limits.
Velvet Capital Went Offline To Stop Phishing Attack
Velvet Capital, a decentralized finance (DeFi) asset management service provider, temporarily shut down its website to block a suspected phishing…
Crypto-Stealing Open Source AI Bot Exposed
In a recent tweet on April 20, crypto investors were cautioned about an AI trading bot project on GitHub stealing…
Degen Chain Tops Ethereum TPS Charts with 37.12 TPS in 24 Hrs
Degen Chain's high TPS didn't mean high trading volume, averaging $0.27 per transaction, much lower than Ethereum and Base.
Polkadot Announces JAM Upgrade and 10 Million DOT Prize Pool
At the Token2049 crypto conference in Dubai, Gavin Wood introduced the Gray Paper outlining the planned upgrade.
Aptos Labs Forms Alliances With Microsoft to Launch Aptos Ascend
Using Microsoft Azure and its AI potential, Aptos Ascend seeks to provide cloud solutions for financial organizations.
Centrifuge Raises $15M for DeFi Innovation
According to a recent report, Centrifuge, a platform that offers real-world asset (RWA) tokenization through its leading protocol, has raised…
Zima Bank Launches Decentralized Hybrid Financial Services
Moreover, this arrangement enhances customer confidence, as funds are safeguarded even in potential bankruptcy scenarios.
EigenLayer Launches Six New Services for Ethereum Upgrades
EigenLayer has introduced six new actively validated services (AVSs) with the stage 3 mainnet launch, expanding its ecosystem beyond its…
