Defi Financial News

08.05 / 16:09

Ethereum defi Aave Scalability layer2 zk-STARK zk-Rollup network Aave V3 launches on Ethereum layer-2 network Metis

Decentralized liquidity protocol Aave has deployed on Ethereum (ETH) layer-2 scaling platform Metis, bringing a host of decentralized finance (DeFi) features and products to its ecosystem.

08.05 / 15:53

Blockchain Technology Adoption defi Trading How To cryptocurrency trading What is the risk/reward ratio in cryptocurrency trading, and how to use it

The risk/reward ratio or risk/return ratio is a commonly used metric in trading that compares the potential profit of a trade with the potential loss. That said, it’s the reward traders stand to make for the risk they take.

08.05 / 15:05

Blockchain Technology Adoption defi Machine Learning Job 5 common interview questions for Web3 jobs

When interviewing for Web3 jobs, it’s important to be prepared for a range of questions that may vary depending on the specific role and the company you are interviewing with. That said, there are some common interview questions that you can expect to encounter.

08.05 / 14:41

Blockchain Ethereum ETH Target Hack defi CoinMarketCap DEUS Finance Stablecoin Hack Leads to $6 Million Loss – Here's What Happened

DeFi protocol DEUS Finance lost more than $6 million in a hack over the weekend which exploited a vulnerability in the stablecoin DEI, but a large chunk of it has now been recovered.

08.05 / 05:19

Dogecoin markets Blockchain defi Altcoin Drop Pepe’s sudden drop leaves whale 500k in the red

The price of new memecoin Pepe (PEPE) has plunged more than 42% only days after reaching its all-time high on May 6, leaving at least one investor with hundreds of thousands in paper losses.

08.05 / 01:47

Blockchain defi Altcoin Tokens You can now create a shitcoin in less than 23 seconds

As so-called “memecoins” capture the attention of the wider crypto industry in recent weeks, a viral video has emerged detailing just how easy it is for anyone with an internet connection to create a brand new cryptocurrency from scratch.

06.05 / 16:43

Blockchain Ethereum Stablecoin defi Hackers hacks Altcoin DEUS Finance loses $6M following stablecoin hack

Decentralized Finance (DeFi) protocol DEUS has lost over $6 million due to a security breach on its stablecoin DEI. The hacker exploited a vulnerability in the BNB Smart Chain (BSC) on May 5, according to blockchain security firm PeckShield.

06.05 / 08:29

Blockchain Technology Ethereum Adoption defi transactions How to check an Ethereum transaction

A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state.

05.05 / 21:19

Blockchain NFT defi Hackers hacks Liquid staking solutions now have more TVL than DEXs: 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.

05.05 / 17:39

Blockchain defi LUNC Terra Extradition Prosecutor says Do Kwon's extradition to South Korea would best serve Terraform Labs' victims: Report

South Korean authorities are seeking the extradition of the co-founder and former CEO of Terraform Labs, Do Kwon. The prosecutor overseeing the investigation believes his repatriation would best serve the victims of the TerraUSD (USTC) and LUNA token collapses, The Wall Street Journal reported.

05.05 / 12:25

Dogecoin defi Investments Altcoin Uniswap Shiba Inu PEPE memecoin hits $1 billion market cap fueled by Binance listing

The frog-themed memecoin Pepe (PEPE) surged over 85% in the last 24 hours and surpassed a $1 billion market cap three weeks after it was first launched on April 14, 2023.

05.05 / 03:33

defi wallet Altcoin security Scams Decentralized Exchange Smart Contracts Rugpull blockchain security firm Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'

Smart contract auditor CertiK claims to have blocked $160,000 from Merlin, a zk-Sync-based decentralized exchange (DEX) which has been the center of a rogue insider "rugpull" that lost users $1.8 million last week.

04.05 / 18:51

business defi DEX Decentralized Exchange Staking Arbitrum Arbitrum’s Chronos reaches $217M TVL with staking, becomes 8th largest DEX

Decentralized exchange (DEX) Chronos set a new milestone on May 4, reaching $217 million in total value locked (TVL) at the time of writing, just seven days after its launch on the Arbitrum blockchain.

04.05 / 11:15

defi Altcoin Scams Reddit Rug Pull WallStreetBets mod dumps memecoin worth $635K in alleged rug pull

A moderator of the popular trading subreddit r/WallStreetBets has dumped a large portion of the WSB Coin (WSB), a token project that claims to be the official memecoin of Wall Street Bets.

03.05 / 13:03

Blockchain Ethereum defi Tokens Staking New Cosmos chain will use liquid staking tokens from other networks for security

A new Cosmos-based blockchain called “Tenet'' will use liquid staking coins from other networks to secure its transactions, potentially allowing the new network to inherit the security of older ones, according to a May 3 announcement from the developers.

02.05 / 19:13

Blockchain Adoption defi The ABCs of Crypto: Teaching the next generation of Web3 users

“How do we onboard the next billion users into crypto?” This is a question that gets thrown around at crypto conferences and metaverse meetups — one that people have been asking for some time. Reaching mass adoption may sound like a daunting task, but crypto media outlets like Cointelegraph help spread the news of what is going on in the cryptoverse every day, helping increase adoption.

02.05 / 10:59

business defi Investments lending Loans services ByBit joins crypto exchanges offering crypto lending services

Cryptocurrency exchange ByBit is the latest major platform to roll out an in-house cryptocurrency lending service for users.

02.05 / 00:53

Blockchain defi Hackers hacks DEX Decentralized Exchange Derivatives Exploit Level Finance confirms $1M exploit due to buggy smart contract

Decentralized exchange Level Finance has experienced a security breach allowing an attacker to steal more than $1 million of the exchange’s native Level Finance (LVL) token.

01.05 / 21:29

Blockchain Ethereum defi Liquidity data Staking Liquid staking solutions now have more TVL than DEXs: DefiLlama

Liquid staking solutions such as Lido and Rocket Pool now have more total value locked (TVL) than decentralized exchanges (DEXs), making them the top category of DeFi protocols, according to data from crypto analytics platform DefiLlama.

01.05 / 05:05

defi hacks Cybersecurity Scams Crypto scams Lost April’s crypto scams, exploits and hacks lead to $103M lost — CertiK

Crypto exploits, exit scams, and flash loan attacks saw little signs of letting up in April, with more than $103 million of funds stolen from crypto projects and investors in the month.

28.04 / 21:47

Blockchain defi UK treasury UK Treasury seeks input on taxing DeFi staking and lending: 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.

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