Defi Financial News

14.08 / 18:53

Blockchain Ethereum Adoption NFT defi Bitcoin Frontier fund launches Bitcoin Frontier Fund launches accelerator program for Ordinals startups

The Bitcoin Frontier Fund, formerly Stacks Ventures, launched what it’s calling the first Bitcoin Ordinals accelerator program on Aug. 14.

14.08 / 18:53

Blockchain defi Machi Big Brother withdraws defamation lawsuit against ZachXBT

Taiwanese music celebrity Jeffrey Huang, also known as “Machi Big Brother," has withdrawn a defamation lawsuit against internet sleuth ZachXBT.

14.08 / 15:09

Blockchain Technology Adoption defi Bitcoin Regulation Tech How to identity fake cryptocurrency

With the growing popularity of cryptocurrencies, the digital landscape has become a breeding ground for scams and fraudulent schemes. Fake cryptocurrencies and fraudulent projects aim to deceive unsuspecting investors and enthusiasts. This article will delve into the key indicators and strategies to help you identify fake cryptocurrencies and protect yourself from falling victim to such scams.

14.08 / 13:29

defi TVL DeFi Value Locked Reaches Nearly $42 Billion as Token Market Experiences Significant Growth – Here's the Latest

The total value locked (TVL) across DeFi projects has experienced a resurgence after teetering below the $40 billion mark last week.

14.08 / 05:43

business Adoption defi coinbase Web3 BaSe Coinbase app is ‘broken’ for UX, admits CEO Brian Armstrong

Coinbase CEO Brian Armstrong says the rise of on-chain activities on its new layer-2 network Base has exposed how “broken” the Coinbase app is for user experience, and has pledged to improve it.

14.08 / 01:21

Ethereum Stablecoin defi Hackers hacks Altcoin Curve Finance Zunami Protocol confirms stablecoin pools attacked, $2.1M loss estimated

Decentralized finance protocol Zunami Protocol has confirmed it has encountered an attack on its “zStables” pool on Curve Finance.

12.08 / 09:59

Blockchain defi Hackers Tokens Curve Finance vows to reimburse users after $62 million hack

Curve Finance, a decentralized finance (DeFi) platform for lending stablecoins, has officially stated its intention to reimburse users who were impacted by the recent breach resulting in a $62 million loss from the system.

12.08 / 07:45

Blockchain NFT defi Hackers hacks Yield Curve DeFi tries to recover from Curve hack, but exploits continue: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

11.08 / 09:29

Adoption NFT defi Report Research Bitcoin ETF momentum runs out as crypto market enters summer slump: Report

After June gave Bitcoin (BTC) a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial victory against the United States Securities and Exchange Commission. XRP (XRP), the most obvious beneficiary, posted a monthly close of +49%.

10.08 / 23:43

Adoption defi wallet Trading Telegram Bot Telegram trading bots are hot, but don’t trust them for custody — Security firms

Telegram trading bots, which have been turning the messaging platform into a quasi-crypto marketplace, pose significant security risks for users and require further scrutiny, according to blockchain security firms.

10.08 / 20:51

Blockchain defi Hackers hacks Aave Governance Token Curve Finance Aave DAO opens voting on proposals to reduce CRV exposure

The Aave community is seeking to reduce its protocol exposure to the Curve DAO token, with two proposals open for voting on Aug. 10. The move comes in an attempt to limit the risk posed to the lending protocol by the large borrowing position held by Curve Finance founder Michael Egorov.

10.08 / 18:23

defi Hackers hacks Altcoin Curve Finance Returns Binance invests $5M in Curve token as hacker partially returns funds

Binance Labs, the venture arm of cryptocurrency exchange Binance, has invested $5 million in Curve (CRV), the namesake token of the decentralized stablecoin trading platform.

10.08 / 17:09

Blockchain defi wallet Trading CEX CEX and DEX under a single banner: Crypto portfolio manager for security and privacy

Crypto users need better security and privacy when using centralized and decentralized trading platforms, and GoodCrypto provides access to both from a single interface.

10.08 / 13:15

Ethereum defi coinbase BaSe Coinbase's Blockchain Gambit: A Solution to Six Consecutive Quarters of Losses?

Coinbase is launching its Ethereum (ETH) layer-2 scaling solution Base, which could help reverse the company's streak of six consecutive quarters of losses.

10.08 / 03:21

business Blockchain Adoption defi Microsoft Altcoin Deal Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

Aptos (APT), the cryptocurrency powering layer-1 blockchain Aptos Network, is up approximately 11.6% since announcing it will leverage Microsoft’s suite of artificial intelligence tools to advance Web3 adoption among banks and financial enterprises.

09.08 / 20:15

Blockchain Ethereum defi coinbase Developers Liquidity BaSe network Base network has officially launched: Here's how it can be used

Coinbase’s Base network has officially launched after spending a few weeks in an “open for builders only” phase. The network is now ready to onboard users, according to an Aug. 9 announcement from the team.

09.08 / 16:35

business defi Hackers hacks Usd Coin Aave’s Earning Farm protocol targeted by reentrancy attack — PeckShield

Blockchain security firm PeckShield revealed fresh vulnerabilities targeting decentralized finance (DeFi) projects on Aug. 9. According to the firm, Aave’s Earning Farm has been compromised by a reentrancy attack, resulting in the theft of at least $287,000 worth of Ether (ETH).

09.08 / 15:31

Blockchain defi fantom Multichain Another Fantom project winds down citing Multichain exposure

SpiritSwap, a decentralized exchange (DEX) built on smart contract platform Fantom, will wind down operations from Sept. 1, citing exposure to troubled Chinese cross-chain protocol Multichain.

09.08 / 04:13

defi DEX Cardano Cardano DEX MuesliSwap to refund users after slippage confusion

The team behind the Cardano-based decentralized exchange MuesliSwap has made a decision to refund users that have been hit with high slippage over the past year.

08.08 / 17:11

Blockchain Ethereum Stablecoin Adoption defi Polygon avalanche USDC issuer Circle launches MPC wallet beta for Ethereum, Polygon, Avalanche

USD Coin (USDC) issuer Circle has released a beta version of a multiparty computation (MPC) wallet service, according to an Aug. 8 announcement. The new service will allow developers of decentralized finance (DeFi) apps, Web3 video games, e-commerce services and other blockchain applications to create customized wallets specifically for their users. It will be available initially on Ethereum, Avalanche and Polygon.

08.08 / 11:39

Hack defi solana security SOL USDC Exploit Cypher Protocol Loses $1 Million in Blockchain Exploit – Here's What Happened

Solana-based decentralized exchange Cypher Protocol halted its smart contract following an exploit that saw an estimated $1 million stolen.

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