Defi Financial News

12.10 / 20:49

Ethereum Adoption defi Trading Google Uniswap Android play Uniswap launches Android wallet beta for Google Play

Decentralized crypto exchange Uniswap launched a closed beta Android version of its mobile app on October 12, according to a blog post from the app’s development team. Uniswap has previously only been available on PC and iOS mobile devices.

12.10 / 20:27

Blockchain Ethereum defi Hackers hacks Social Media avalanche Onchain Stars Arena recovers 90% of exploited funds after onchain negotiations

Social media app Stars Arena has recovered approximately 90% of the funds it lost after being exploited, according to an October 11 announcement from the team on X (formerly Twitter). The recovery occurred after four days of on-chain negotiations, blockchain data shows. The attacker was allowed to keep slightly more than 10% of the funds as a “white hat” bounty.

12.10 / 18:05

Blockchain defi Trader swaps 131K stablecoins for $0 during USDR depeg

During the crisis on Oct. 11 involving real-estate-backed U.S. dollar stablecoin Real USD (USDR), a trader appears to have swapped 131,350 USDR for 0 USD Coin (USDC), resulting in a complete loss on investment.

12.10 / 10:59

Blockchain defi Hackers hacks security Exploit Flash Loan Exploit Platypus DeFi loses $2.2M in another flash loan exploit

Decentralized finance (DeFi) protocol Platypus has lost over $2 million in assets after suffering another flash loan exploit on its platform. The protocol suspended all of its pools in response to the attack.

12.10 / 09:45

defi DAO BarnBridge Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting

Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.

12.10 / 09:45

Hack defi DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here's What Happened

Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million.

12.10 / 04:15

defi Europe European Union Decentralized finance yet to pose ‘meaningful risk’ to stability — EU regulator

Decentralized finance (DeFi) is yet to pose a meaningful risk to overall financial stability but does require monitoring, according to the European Union’s financial markets and securities regulator.

12.10 / 01:54

defi Hackers hacks Social Media Stars Arena recovers 90% of stolen funds after offering $257K bounty

Web3 social media platform Stars Arena says it has recovered nearly all of the crypto stolen from an Oct. 7 exploit — minus a 10% bounty to the person responsible.

12.10 / 00:39

Ethereum Stablecoin defi USDR stablecoin depegs to $0.53, but team vows to provide solutions

Real estate-backed stablecoin USDR lost its peg to the U.S. dollar after a rush of redemptions caused a draining of liquid assets such as Dai (DAI) from its treasury, its project team has revealed.

12.10 / 00:39

Ethereum defi Altcoin Liquidity Proof-of-stake Staking lido dao Lido Finance discloses 20 slashing events due to validator config issues

Ethereum staking protocol Lido Finance has disclosed its protocol saw 20 slashing events due to a series of infrastructure and signer configuration issues from validators operated by Launchnodes.

11.10 / 20:37

defi regulation Europe ESMA EU’s Securities Regulator Weighs In On The Risk and Benefits of DeFi to the Economy

The European Securities and Market Authority (ESMA) has released a report on the development of decentralized finance (DeFi) and the risk posed by growing adoption.

11.10 / 11:17

defi Altcoins DEX Legal Court US Supermarket Trader Joe’s Takes Legal Action Against Crypto Project Over Name Resemblance

Popular US supermarket chain Trader Joe’s has sued decentralized exchange (DEX) Trader Joe for federal trademark infringement.

11.10 / 10:35

defi regulation Europe European Union ESMA European regulator: DeFi comes with significant risks as well as benefits

The European Securities and Markets Authority (ESMA), the European Union’s markets regulator, released an article on Decentralized Finance (DeFi) and its risks for the EU Market on Oct. 11.

11.10 / 00:11

business Blockchain Ethereum defi security Bitcoin BRC Bitcoin needs Ethereum VM to reach its full potential — Web3 exec

Mainstream Bitcoin (BTC) adoption won’t happen until it bridges to the Ethereum Virtual Machine (EVM) — the first point of entry for many real-world assets moving on-chain, a Web3 executive argues.

10.10 / 22:11

defi hacks identity phishing DNS Lost end Galxe replacing 110% of funds users lost in recent front-end hack, over $400K

Galxe is making users whole by 110% if they lost funds in a recent hack, the firm announced on Oct. 10. “We want to express our deepest gratitude to those who are standing by us during this difficult time,” the company said.

10.10 / 16:05

Blockchain Ethereum defi Polygon Circle Scalability Usd Coin Circle rolls out native USDC tokens on Polygon

Stablecoin issuer Circle has announced it has begun minting USD Coin (USDC) natively on the Ethereum layer-2 scaling protocol Polygon.

10.10 / 05:05

defi Hackers hacks Cybersecurity security Scams Sim Card Friend Friend.tech adds new security upgrade in wake of SIM-swap attacks

The team behind the decentralized social media platform Friend.tech has added a new security feature amid attempts to stem a flood of SIM-swap attacks targeting its users.

09.10 / 19:07

Blockchain NFT defi hacks regulation Scams Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik

The astrology-themed NFT project Lucky Star Currency (LSC) has performed an exit scam for over $1 million, according to an October 9 report from blockchain security firm Certik.

08.10 / 16:49

defi Fork Investor Disagreements Force FloorDAO to Send $2.5 Million to Splinter Faction – What's Going On?

FloorDAO, a crypto group focused on NFT finance, has split into two separate entities due to disagreements among investors.

08.10 / 11:15

Blockchain Technology defi XRP Ledger Ripple CTO seeks community consensus for XRPL AMM feature adoption

Ripple chief technical officer (CTO), David Schwartz has advocated for XRP Ledger (XRPL) validators to support the automated market maker (AMM) feature, but only if there is consensus within the community.

07.10 / 13:45

Binance defi Tokens FTX Decentralization Celsius Tokenized Funds This platform lets anyone launch and manage tokenized funds — here‘s how

A cross-chain operating system says it allows anyone to launch and manage tokenized fund, strategy, or financial product. Velvet Capital aims to democratize asset management by enabling on-chain DeFi portfolios, with a number of high-profile protocols already on board.

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