Defi Financial News

11.04 / 10:11

Ethereum defi Tether MEV Tether blacklists validator address that drained MEV bots for $25M

Tether, the issuer behind the leading stablecoin USDT has blacklisted an address that drained Maximal Extractable Value (MEV) bots for $25 million last week.

10.04 / 13:43

defi Hackers hacks Altcoin LUNC Terra Terra DeFi project Terraport suffers $2M hack days after launch

The algorithmic stablecoin TerraUSD (UST) collapsed almost one year ago, but some Terra-related projects are still live and trying to overcome some issues.

10.04 / 13:09

Blockchain Ethereum defi Decentralized Exchange Decentralized Finance zk-Rollup zkSync Symbiosis integrates zkSync: ‘Natural evolution’ of scaling solutions

Cross-chain automated marker maker Symbiosis has onboarded layer-2 scaling protocol zkSync to improve speed and reduce fees of token swaps on its platform.

10.04 / 08:47

Hack defi Decentralized Exchange SushiSwap SushiSwap Exchange Suffers Major $3.3 Million Smart Contract Hack – Here's What Happened

Popular decentralized exchange (DEX) platform SushiSwap has suffered more than $3.3 million in losses after a hacker exploited a bug in a smart contract.

10.04 / 06:35

Ethereum Adoption defi Decentralization censorship Proof-of-stake Staking boost MEV Ethereum validator cashes in 689 ETH from MEV-Boost relay

A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months.

09.04 / 15:45

Blockchain defi Hackers hacks DEX Cybersecurity security BUG Exploit SushiSwap approval bug leads to $3.3 million exploit

A bug on a smart contract on the decentralized finance (DeFi) protocol SushiSwap led to over $3 million in losses in the early hours of April 9, according to several security reports on Twitter.

08.04 / 16:13

Blockchain Ethereum Adoption defi Ethereum 2.0 Ether price How will the Shanghai upgrade impact ETH price? Expert explains

While it may have some short-term negative impact on the price of Ether (ETH), the upcoming Shanghai upgrade will be extremely bullish for Ethereum's native token, as it will attract more capital to staking and increase the network's security, according to Ethereum researcher Vivek Raman.

08.04 / 10:21

Ethereum defi privacy Web3 proof-of-work Proof-of-stake Defi Security Missing DeFi security layer found in a new company release

Blockchain tokenization experiments began in 2012 with “colored coins.” However, despite this initial release, many agree that it wasn’t until 2014 that tokenization’s full potential was achieved with the release of the scripting language that allowed complex programs and applications on Ethereum to interact with each other and with the Ethereum network. With the ability to issue custom assets without the burden of maintaining an entire blockchain infrastructure, over 600,000 token contracts were deployed on the Ethereum mainnet, initiating an up-and-coming digital token economy.

07.04 / 20:49

Blockchain Binance NFT defi Decentralization MEV Ethereum projects launch MEV Blocker to protect users from high prices: Finance Redefined

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

07.04 / 16:37

Blockchain defi solana SOL Costs Solana's Latest Tech Solution Aims to Dramatically Reduce On-Chain Storage Costs – Here's How it Works

Popular layer-1 blockchain Solana has unveiled a new solution that will dramatically decrease the cost of storing data on-chain.

07.04 / 08:19

Stablecoin defi regulation Bitcoin Regulation Int'l securities body IOSCO prepares crypto regulation report for 2023

The International Organization of Securities Commissions (IOSCO) will launch a consultation for its regulation report on crypto assets already in the current quarter (Q2) of the year. The final recommendations from the Organization are planned to be published by the end of 2023.

07.04 / 04:03

business defi regulation Social Media marketing UK government UK uses Love Island star to warn finfluencers on crypto and investment schemes

The financial and advertising regulators of the United Kingdom have teamed up to send a warning to social media “finfluencers” telling them to stop promoting illegal “get rich quick” schemes or face law enforcement.

06.04 / 23:51

business Blockchain Ethereum Adoption defi Smart Contracts layer2 zkSync zkSync Era denies 921 ETH 'stuck forever' in smart contract

Matter Labs, the team behind Ethereum layer 2 scaling solution zkSync, has denied that 921 Ether (ETH) worth $1.7 million will be "stuck forever" in one of its new projects.

06.04 / 20:49

Blockchain Ethereum defi Hackers hacks Cybersecurity security Euler team denies on-chain sleuth was a suspect in hack case

The pseudonymous Twitter user and blockchain investigator Officer’s Notes believes they may have been a suspect in the $195 million Euler Finance hack. In an April 4 Twitter thread, the security researcher stated, “Seems like I was a suspect in this case, as usual.”

06.04 / 19:39

Ethereum NFT defi Ethereum 2.0 Decentralized Finance What will be the outcome of the Ethereum Shanghai upgrade?

In this week’s episode of Market Talks, Cointelegraph welcomes Justin Bram, co-founder and CEO of Astaria — which allows users to put up their nonfungible tokens (NFTs) as collateral to earn instant liquidity. Bram also has his own YouTube channel with over 30,000 subscribers.

06.04 / 19:39

markets defi DEX Liquidity Uniswap avalanche Trader Joe joins top 5 DEX list as Liquidity Book model thrives on Arbitrum

Trader Joe has risen to the top five decentralized exchanges by trading volume after the launch of its V2 platform on Arbitrum on Feb. 1, 2023.

06.04 / 15:47

defi regulation crimes Money laundering services North Korea and criminals are using DeFi services for money laundering — US Treasury

A new report from the United States Treasury Department analyzing decentralized finance concluded that actors from the Democratic People’s Republic of Korea as well as other scammers are able to exploit vulnerabilities to facilitate money laundering.

06.04 / 10:55

defi FTX USDC M11 Credit Restarts Crypto Lending on Maple Finance After FTX Fallout – Here's What You Need to Know

Blockchain-based financing firm M11 Credit has resumed crypto lending on the decentralized credit marketplace Maple Finance.

06.04 / 04:19

defi layer2 DAO foundation Arbitrum Arbitrum poses new governance proposals after community furor

The Arbitrum Foundation has released a raft of new improvement proposals following the fracas that ensued after its first failed attempt at governance.

05.04 / 14:33

Adoption defi fees Value Taxes Tax reduction MEV Ethereum projects unite to protect users from MEV-induced high prices

Over 27 prominent Ethereum projects joined hands to launch MEV Blocker, a solution that aims to tackle and minimize the amount of value extracted from their users, a.k.a maximally extractable value (MEV) — Ethereum’s invisible tax.

05.04 / 06:59

Law Twitter defi Hackers hacks Liquidity Allbridge to first begin repaying stuck bridge users after recouping funds

Users with funds stuck on the multi-chain token bridge provided by Allbridge are first in line to receive compensation under a recovery plan posted by the project following a recent exploit.

what you should know about defi

What is defi and why is it relevant?

Defi is a significant category that is in the spotlight. On our site, we regularly publish updates 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 in a timely manner.

How can I verify the accuracy of information on defi?

We use verified data to ensure that the information about defi is well-supported and informative for our readers.