Defi Financial News

20.04 / 14:11

Ethereum Adoption defi DEX Decentralized Exchange Scalability zkSync DeFi driving zkSync growth as 1inch deploys on Ethereum layer-2 scaling platform

Decentralized finance (DeFi) protocol 1inch has deployed its aggregation and limit order protocols on Ethereum layer-2 scaling solution zkSync Era to tap into faster and cheaper transactions.

20.04 / 13:31

business defi lending cryptocurrency investment Bankruptcy exit Time Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan

BlockFi, a lender of digital assets, was given additional time to submit a bankruptcy exit plan by a New Jersey bankruptcy judge in the United States on April 19.

20.04 / 12:09

Blockchain defi Web3 Decentralization partnership Dapps Web3 interoperability highlighted in Radix - LayerZero partnership

Web3 interoperability is important to building a decentralized ecosystem that is scalable, secure and provides a seamless user experience.

20.04 / 06:15

Ethereum NFT defi Trading transactions data Subway-themed trading bot makes millions using ‘sandwich’ attacks

An anonymous Maximal Extractable Value (MEV) bot operator has cashed in well over $1 million this week by executing “sandwich attacks” against buyers and sellers of two new meme coins.

19.04 / 18:05

Blockchain defi Investments Maple Finance launches pool for US Treasury yields

Crypto lender Maple Finance has rolled out a United States Treasury pool for non-U.S. accredited investors and entities.

19.04 / 15:55

Ethereum defi Ethereum 2.0 coinbase security Smart Contracts layer2 network Coinbase’s Base network gets OpenZeppelin security integration

The OpenZeppelin Defender smart contract security platform has now integrated with Coinbase’s Base network, allowing Web3 app developers on Base to automate security tasks.

19.04 / 13:17

Blockchain defi Trading Liquidity Tokens Multichain Connecting DeFi: How multichain token systems can improve liquidity

Digital assets are typically restricted to their native blockchain networks, and existing methods of transferring tokens from one blockchain network to another are highly vulnerable to hacking or involve using a trusted third party.

19.04 / 09:33

Technology Adoption defi Payments Bitcoin Payments Option Georgian vendors get crypto payments option with new partnership

Gate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has partnered with CityPay.io, a startup specializing in crypto payments in Georgia. The partnership will enable more than 600 merchants in Georgia to enjoy the benefits of crypto payment alternatives for their products and services.

18.04 / 20:27

Blockchain defi Hackers hacks Cybersecurity security SafeMoon hacker agrees to return 80% of stolen funds, says development team

The attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to an April 18 blockchain message from the SafeMoon team.

18.04 / 18:47

business defi regulation Europe European Union Kraken Bitcoin Kraken receives virtual asset service provider authorization in Ireland ahead of MiCA vote

Payward Europe Solutions, an Irish subsidiary of Kraken registered in Dublin, was awarded virtual asset service provider (VASP) authorization from the Central Bank of Ireland on April 18.

18.04 / 18:19

Blockchain Technology Adoption defi Bitcoin inclusion Financial With Web2.5, financial inclusion and economic empowerment are within reach

In the late 2000s, the Global Financial Crisis (GFC) unleashed a tsunami of economic turmoil that reverberated around the world. Not only did it shake the deeply-rooted beliefs of centralized finance (CeFi) and institutions, but it also witnessed the demise of banks and businesses as stocks plummeted and international trade took a deadly plunge.

18.04 / 17:45

Adoption defi PancakeSwap PancakeSwap wants to cap token inflation rate between 3% to 5% per annum

Decentralized exchange (DEX) PancakeSwap wants to lower its token inflation to anywhere between 3% to 5% per annum, far below current rates of over 20%.

18.04 / 14:03

business defi DAO Voting Project aims for fair governance by changing the voting system

Move-to-earn app creator Sweat Economy is set to let its users decide on how to spend almost $1 million worth of tokens earned as fees and revenue through a governance vote with a twist.

18.04 / 13:59

Ethereum NFT defi Price Analysis Bitcoin Bitcoin Price Bitcoin and liquid staking protocols lead crypto resurgence in Q1 2023

The cryptocurrency ecosystem has enjoyed a buoyant start to the year as Bitcoin (BTC) and decentralized finance (DeFi) protocols surge in market capitalization through the first quarter of 2023.

18.04 / 12:33

Ethereum defi Proof-of-stake Staking Liquid staking emerges as a game-changer for crypto investors — Interview with Ankr

Liquid staking is rapidly gaining attention in the crypto industry as a way to incentivize participation in proof-of-stake (PoS) networks and provide a robust price stability mechanism. However, its benefits go beyond these functions. In this interview, Filipe Gonçalves, chief of DeFi at Ankr, shared his insights on the benefits of liquid staking, new developments in the space, and how using staking rewards as a base layer for DeFi could lead to a new era of possibilities for the crypto industry.

17.04 / 17:53

Blockchain Ethereum defi Hackers hacks Cybersecurity security KyberSwap vulnerability KyberSwap announces potential vulnerability, tells LPs to withdraw ASAP

Kyber Network, developer of the Kyberswap Elastic decentralized crypto exchange, has announced on Apr. 17 that there is a potential vulnerability in the exchange's contracts. It has advised all liquidity providers to remove their funds as soon as possible.

17.04 / 11:05

defi Optimism Hundred Finance Suffers $7 Million Loss in Optimism Hack – Here's What Happened

Multi-chain lending protocol Hundred Finance has fallen victim to a hacking attack which enabled the theft of about $7 million worth of crypto. The attacker accessed the funds via Optimism, an Ethereum layer-2 blockchain.

17.04 / 06:43

Ethereum Adoption defi Ether price data Staking Withdrawals Ether hits 11-month high as post-Shapella withdrawals pass 1M ETH

Over 1 million Ether (ETH) worth $2.1 billion has now been withdrawn from Ethereum’s Beacon Chain within the first four days of the Shapella hard fork and Ether has pushed over $2,100 for the first time in 11 months.

17.04 / 06:43

Blockchain Technology Ethereum defi Tokens Aave Voting zkEVM Aave’s proposal to launch on zkEVM passes ‘temperature check’ vote

A "temperature check" proposal to deploy the decentralized exchange (DEX) Aave on the zkSync Era Mainnet has passed with overwhelming support from the Aave community.

17.04 / 05:49

business Blockchain Adoption defi Altcoin Internet Cosmos Standard Blockchains need an interoperable standard to evolve, say crypto execs

Blockchain technology needs a benchmark communications standard that can be easily integrated by every network in order for a complete transition from Web2 to Web3 to occur, industry commentators say.

16.04 / 17:53

defi Hackers Cybersecurity lending Cybercrime Hundred Finance loses $7 million in Optimism hack

Multichain lending protocol Hundred Finance has experienced a significant security breach on the Ethereum layer-2 blockchain Optimism. According to the protocol on Twitter, the losses sit at $7.4 million.

what you should know about defi

What is defi and why is it relevant?

Defi is a trending topic that draws public attention. On our site, we regularly publish articles related to this subject.

Where can I find the latest updates on defi?

All new posts about defi can be found in the highlighted block. We publish information regularly.

How can I verify the accuracy of information on defi?

We rely on trusted sources to ensure that the information about defi is reliable and helpful for our readers.