Defi Financial News

16.06 / 04:15

Ethereum defi Aave Curve Finance controversy freeze Aave proposal to freeze alleged Curve founder's loans draws controversy

A June 12 AAVE (AAVE) proposal aimed at preventing a particular account from accumulating more debt has led to controversy, with some participants arguing that the proposal violates the principle of censorship-resistance or “neutrality” in decentralized finance, or DeFi.

16.06 / 03:37

defi Hackers Smart Contracts Exploit Hashflow assures users will be made 'whole' following $600K exploit

Crypto trading platform Hashflow has assured affected users will be “made whole” following an exploit that saw at least $600,000 in digital assets removed from the platform.

16.06 / 03:37

Ethereum defi Trading Bot Crypto trading bot borrows $200M for a $3 gain

A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain, including taking a $200 million flash loan, all to secure a mere $3.24 profit.

16.06 / 03:12

Blockchain Stablecoin defi Tether Curve Finance Curve pool imbalance triggers USDT depeg concerns, Tether CTO calls it FUD

Tether-issued USDT (USDT) stablecoin slightly deviated from its dollar peg value on June 15 due to an imbalance in the Curve 3pool. The price of USDT fell by 0.3% to around 0.997 as the USDT weightage in the curve 3pool increased to over 70% from the ideal 33.1%.

16.06 / 02:10

markets defi Altcoin fees Loans Threat Low Curve’s (CRV) price hits a 1-year low amid looming liquidation threat

The Curve decentralized autonomous organization’s (DAO’s) governance token CRV dropped 12% on June 15 after reports surfaced of risky loans taken by its founder, Michael Egorov, on Aave. The token recorded its lowest trading level against Ether (ETH) at 0.00035010 ETH on June 15.

13.06 / 23:40

defi Analysis Opinion Decentralization DAO Democracy Cybernetic organizations — BORGs — are doomed to fail

What makes a decentralized autonomous organization (DAO) a DAO? In practice, the democratic structure of these organizations has been compromised because a number of self-purporting DAOs are operating like traditional corporations.

13.06 / 13:57

Ethereum defi DEX Uniswap Uniswap releases version 4 code, allowing for new types of liquidity pools

Uniswap Labs has released a draft of the code for Uniswap V4, according to a June 13 blog post from Uniswap’s Founder, Hayden Adams. The new code features “hooks” or plugins that allow developers to create custom liquidity pools.

13.06 / 11:49

defi Hackers hacks Cybersecurity security DeFi protocol Sturdy Finance offers $100K bounty to hacker if funds are returned

Decentralized finance (DeFi) platform Sturdy Finance has offered a $100,000 bounty to the hacker that exploited the protocol. The lending platform said that its team won't pursue the issue further if the attacker accepts the offer.

12.06 / 08:37

defi Hackers hacks Cybersecurity security Attacker drains $800K from DeFi protocol Sturdy Finance

Decentralized finance (DeFi) protocol Sturdy Finance has lost 442 Ether (ETH), worth almost $800,000 when writing, to a security exploit. The attacker exploited a vulnerability that eventually manipulated a faulty price oracle, allowing them to drain funds from the protocol.

12.06 / 07:03

Ethereum Adoption defi privacy transactions Vitalik Buterin: Ethereum ‘fails’ without these 3 important ‘transitions’

Ethereum co-founder Vitalik Buterin believes the success of Ethereum will come down to three major technical “transitions” that need to happen almost simultaneously — layer-2 scaling, wallet security and privacy-preserving features.

12.06 / 01:27

defi Cardano Altcoin SEC solana Polygon Price Analysis Time ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label

The United States securities regulator designated a slate of cryptocurrencies as securities in recent lawsuits including Algorand (ALGO) and Flow (FLOW) which hit all-time price lows following the declaration.

09.06 / 20:41

markets Ethereum defi Microsoft goldman sachs Real Estate Real-World Asset protocols outperform DeFi blue-chips due to tokenization wave

Real-world asset (RWA) protocols have become a hot trend within DeFi circles.

09.06 / 20:41

Binance defi regulation SEC coinbase security lawsuits DeFi volumes surge 444% after Binance, Coinbase lawsuits: 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.

09.06 / 05:23

defi regulation DEX SEC security exchanges Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

Crypto venture capital firm Paradigm has slammed the U.S. Securities and Exchange Commission’s attempt to redefine the term “exchange” — which would if accepted, bring decentralized exchanges under its purview.

08.06 / 13:03

Technology defi wallet MetaMask Self Custody Multisignature MetaMask Institutional to integrate with Fireblocks MPC platform

Web3 wallet MetaMask will integrate with Fireblocks’ multi-party computation (MPC) platform, allowing Fireblocks users to access the wallet’s portfolio dashboard, according to a June 6 announcement. The integration will be part of the MetaMask Institutional product aimed at institutional investors. It will go live on June 12.

08.06 / 12:39

Blockchain defi lending Decentralization Cosmos Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator

Crypto lending has become an essential part of decentralized finance (DeFi), allowing people to lend and borrow digital assets via specifically designed protocols. With crypto lending, users can lock their crypto assets as collateral and then borrow a fiat or stablecoin loan. Instead of traditional intermediaries, like banks and credit unions, DeFi lending protocols operate directly on a blockchain. Smart contracts facilitate each loan or borrowing, and on-chain supply and demand decide the interest rates.

08.06 / 09:05

NFT defi US federal court dismisses lawsuit against DeFi platform PoolTogether

A United States federal judge has recently dismissed the lawsuit against the decentralized finance (DeFi) platform PoolTogether. According to the ruling, the federal court system is not the correct place to air out concerns against the DeFi startup.

07.06 / 23:47

business Blockchain defi Startups defi protocols Cumberland Labs unveils SaaS API for public blockchains and DeFi protocols

Cumberland Labs, the incubator arm of Chicago-based crypto trading company Cumberland has launched the beta version of a new API tool that could simplify the arduous task of connecting to blockchain and decentralized finance protocols.

07.06 / 18:39

markets Ethereum Binance defi SEC coinbase NOT Security or not, Ether looks poised to hold the $1.8K level based on 3 key metrics

Ether’s price retested $1,780 after the news of the United States Securities and Exchange Commission (SEC) suing cryptocurrency exchanges Binance and Coinbase, but it’s not preposterous to suggest that Ether bulls should be more than happy that its price did not break below the 67-day support.

07.06 / 16:49

NFT defi Venture Capital GameFi Cointelegraph Pitch Room launched, bridging promising projects to quality investors

Cointelegraph presents Pitch Room, a new stage in the effort to boost innovation in the crypto space, dedicated to investors interested in deal flow. Pitch Room opens doors for promising startups in the Web3 space, exploring new markets and building solutions with the potential to disrupt the industry. Investors can view a one-page summary of each company, a two-minute elevator pitch and an in-depth presentation. The goal of Pitch Room is to bridge venture capitalists and private equity managers with innovative firms at the cutting edge of the crypto space.

07.06 / 01:57

business Binance defi regulation DEX coinbase Uniswap SEC crackdown on Binance and Coinbase surge DeFi trading volumes 444%

The median trading volume across the top three decentralized exchanges (DEX) jumped 444% in the past 48 hours as crypto investors reeled from the United States securities regulator's recent legal actions against cryptocurrency exchanges Coinbase and Binance.

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