Defi Financial News

05.04 / 12:59

markets Blockchain defi Platform security Trade Paradigm Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion

Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.

04.04 / 15:17

markets Ethereum ETH defi ETF show reports Ethereum Fees and Revenue Increase by 80% in Q1, Earnings Triple Quarter over Quarter

The Ethereum network has experienced significant growth in the first quarter of 2024, with positive performance across various income statement metrics, including fees and overall revenue.

02.04 / 07:51

UPS defi security DAO community show recommendations MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe

MakerDAO is currently reviewing a proposal to invest $600 million in DAI into USDe and its staked version sUSDe.

01.04 / 10:45

Ethereum Target Hack defi security Strategy information Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable

Prisma Finance is actively responding to a recent security breach that led to a loss of $11.6 million, focusing on a recovery strategy.

25.03 / 11:51

Blockchain defi Platform Discover reports prevention ParaSwap Resolves Vulnerability in Newly-Launched Smart Contract, Returns Crypto Assets to Users

Decentralized finance aggregator ParaSwap has addressed a critical vulnerability in its recently launched Augustus v6 smart contract and has commenced the process of returning cryptocurrency assets to affected users.

22.03 / 13:03

defi TVL Frax Finance Unveils Roadmap to Reach $100 Billion in Locked Assets on L2 Network by 2026

Decentralized finance (DeFi) protocol Frax Finance has revealed an ambitious roadmap aimed at increasing the total dollar value of crypto assets locked in its layer 2 blockchain to $100 billion by the end of 2026.

19.03 / 17:21

defi BNB BNB Chain Jimmy Zhao, Senior Solution Architect at BNB Chain, on DeFi, AI, DePIN, Fully On-Chain Gaming, and One BNB | Ep. 318

Jimmy Zhao, a veteran Senior Solution Architect at BNB Chain, recently sat down for a chat with Cryptonews Podcast host Matt Zahab.

15.03 / 19:31

defi security DAO Paul Frambot, CEO of Morpho Labs, on DeFi 2.0, Modular Layered Protocols, and The Next Evolution of DeFi | Ep. 318

In an exclusive interview with Cryptonews, Paul Frambot, CEO of research and development company Morpho Labs, told the host Matt Zahab how the four co-founders raised millions for Morpho and what changes to DeFi trends the protocol aims to bring.

15.03 / 09:53

defi Gaming Arbitrum Arbitrum Seeks DAO Approval for $400 Million Gaming Ecosystem Fund

The Arbitrum Foundation has unveiled a proposal for a $400 million Gaming Catalyst Fund, targeting the expansion and enhancement of its blockchain gaming sector.

14.03 / 00:49

defi Crypto regulations House Panel Chairman Tells CFPB to “Go Back to the Drawing Board” Over Stringent Crypto Oversight Proposal

House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion Chairman French Hill (R-AR) lambasted the Consumer Financial Protection Bureau (CFPB) Wednesday morning for their recent federal oversight proposal of digital asset payment systems, telling the independent government agency to “go back to the drawing board.”

11.03 / 15:21

defi security breach Unizen Pledges Reimbursements After $2.1M Loss in Platform Breach

Decentralized finance (DeFi) protocol Unizen has taken swift action in response to a recent security breach that resulted in the loss of approximately $2.1 million in user funds.

11.03 / 14:23

Ethereum defi Curve Curve Finance Plans to Increase AMM Fee, But For Good Reasons

There is a new proposal to raise the Automated Market Maker (AMM) fee in LLAMMa (crvUSD), a liquidity pool, on Curve Finance, a leading decentralized exchange (DEX) popular for stablecoin swaps.

11.03 / 09:21

Ethereum defi Decentralized Finance Understanding decentralized finance: Insights from Ashish Anand of Bru Finance

Bru Finance is a decentralized finance (DeFi) protocol focused on real-world assets, particularly in emerging markets like India. It is the first and currently the only live DeFi protocol targeting the Indian market. Over the years, it has been deeply involved in blockchain lending in India and now has expanded into decentralized finance as well. Here's what you all need to know about DeFi with Ashish Anand, Founder of Bru Finance:

10.03 / 12:25

Adoption defi Bitcoin bitcoin surge Bitcoin Surge Propels DeFi TVL Past $100 Billion Milestone

The decentralized finance (DeFi) sector has surpassed a significant milestone, with the total value locked (TVL) in DeFi protocols exceeding $100 billion.

08.03 / 19:47

Blockchain Ethereum defi Piers Ridyard, CEO of Radix DLT, on The Future of Web3, Wallets, Account Abstraction, and Creating the Game Engine for DeFi | Ep. 315

In an insightful interview, Piers Ridyard, CEO of the decentralized network Radix DLT, discussed his “wild ride” through the worlds of smart contracts and Y Combinator.

07.03 / 13:01

Ethereum defi solana Solana DEX Trading Volume Reaches Record $2.85 Billion, Up Over 150% in Past Week

The decentralized exchange (DEX) trading volume on the Solana (SOL) blockchain has skyrocketed, surpassing the $2 billion mark for four consecutive days, with a record-breaking trading volume of $2.85 billion achieved on March 5.

02.03 / 00:49

Ethereum defi Exploit DeFi Exploits in February Cause Losses of $82 Million With Just $1.3 Million Recovered: Report

February 2024 witnessed the DeFi sector grappling with security exploits that led to losses exceeding $82 million.

29.02 / 14:45

Hack defi Fraud Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi

In the first two months of 2024, hacks across the Web3 space cost over $200 million, according to the latest report by Immunefi, the blockchain cybersecurity platform protecting over $60 billion in assets. In February, the losses amounted to nearly $70 million.

29.02 / 10:47

Hack defi Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract

The token for the layer-1 blockchain Shido has plunged 85% after the project’s Ethereum-based staking contract fell victim to an exploit.

28.02 / 14:13

Ethereum defi ETF Expert Take: Rising DeFi TVL is Silencing the Doubters

As its TVL rises, industry insiders say that DeFi is seeing increasing interest once again. DeFi is robust and will continue to expand, the experts say, adding that 2024 will be an exciting year for this growing sector.

28.02 / 11:55

Ethereum defi TVL Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up

The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.

Defi Financial News

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