Defi Financial News

30.03 / 13:57

Blockchain defi solana Web3 layer2 Dapps Cosmos Testnet Injective launches layer-2 testnet for Solana-based apps in Cosmos

Developers may soon be able to port Solana Web3 apps to the Cosmos ecosystem, bringing new users to these apps and providing a greater variety of uses for Cosmos blockchains.

30.03 / 08:21

defi Hackers regulation security Decentralization KYC NOT DeFi KYC: Not an issue as ‘99% have nothing to hide,’ industry execs say

DeFi execs at a WOW Summit panel argued that implementing “Know Your Customer” (KYC) measures will tackle the “biggest issue” in decentralized finance (DeFi), which is hackers laundering millions of stolen funds into “clean money.”

29.03 / 15:03

NFT defi Web3 Gaming play-to-earn Meet commercial NFTs: The next step in Web3 evolution

The concept of the metaverse was conceived with the aim of providing humanity with a better life in the digital world. Today, video games are leading the way as the most active bridge for physical and digital world interactions. The same goes for blockchain-based games, as gamers who have tasted true ownership of digital assets flocked to Web3 games. Data shows that over half of active blockchain wallets were used in the GameFi space in 2022.

29.03 / 09:33

Hack defi safemoon Token Burn Safemoon Crypto Project Hacked: Attackers Steal $8.9M Using Publicly-Available Token Burn Function – Here's the Latest

A hacker has made off with $8.9 million worth of digital assets after exploiting a vulnerability in the BNB chain-based DeFi exchange Safemoon.

28.03 / 20:43

Blockchain Stablecoin Adoption defi Cosmos Usd Coin network Circle announces USDC launch for Cosmos via Noble network

USD Coin (USDC) will soon be available in the Cosmos ecosystem via the Noble network (STAKE), according to a blog post from the Noble development team. The post was shared on Twitter by USDC issuer Circle.

28.03 / 14:57

Blockchain Adoption defi data Decentralization partnerships Ava Labs boost Crunchbase taps AllianceBlock to boost novel applications in DeFi

AllianceBlock, a decentralized finance solutions provider, has partnered with Crunchbase, a prospecting platform, to make its data available to Data Tunnel users.

28.03 / 13:39

Adoption defi Podcast Bitcoin TradFi week Keeping the faith in crypto amid TradFi crisis: Paris Blockchain Week 2023

Paris Blockchain Week 2023 (PBW) was buzzing with talk of innovation in blockchain technology and the future of the Web3 industry.

28.03 / 11:01

Law defi regulation Court Self Custody bZX DAO class-action ruling: Dev with upgrade key makes platform custodial

In a new update to the class-action lawsuit against bZX DAO members, a United States district judge ruled that the ability for developers to upgrade a smart contract where the key is in the hands of a single developer makes the arrangement custodial.

28.03 / 07:59

Blockchain defi Developers THORChain reports vulnerability THORChain mainnet halted amid new vulnerability reports

Cross-chain liquidity protocol THORChain has paused its network due to new claims of a potential network vulnerability.

27.03 / 22:19

Stablecoin defi Hackers hacks lending DAI Returns Euler Finance exploiter returns another $37.1M worth of ETH and DAI

The architect of the March 13 Euler Finance exploit returned an additional $26.5 million worth of Ether (ETH) to the Euler Finance deployer account on March 27, on-chain data shows.

27.03 / 22:19

business Stablecoin defi regulation DAO MakerDAO MakerDAO passes new 'constitution' to formalize governance process

MakerDAO, the decentralized autonomous organization that governs the Dai (DAI) stablecoin, has passed a new proposed “constitution” intended to formalize governance processes and help prevent hostile actors from taking over the protocol, according to the official forum page for the proposal.

27.03 / 14:31

Technology Ethereum defi Gaming Cointelegraph Consulting Research Bitcoin Gaming and Web3 outlook, what’s available on the market? Report

Where gaming and finance meet in Web3 has been termed GameFi, and it has been growing by leaps and bounds over the past few years. There are even several data analytical resources to try and figure out what are the hottest blockchain and Web3 games currently available. Cointelegraph Research dove into this topic head on and developed a top 20 games report.

27.03 / 14:31

Blockchain Ethereum defi Polygon Proof-of-stake zk-Rollup zkEVM Polygon’s ‘holy grail’ Ethereum-scaling zkEVM beta hits mainnet

Polygon has released its open-source zkEVM Ethereum scaling technology to the mainnet, promising reduced transaction costs and increased throughput of smart contract deployments.

27.03 / 12:29

event Blockchain Adoption defi Event Recap week Paris Blockchain Week 2023: A net positive for the entire crypto industry

Paris Blockchain Week 2023 brought together some of the biggest names in the blockchain and crypto industry. Starting on March 21, the three-day event turned out to be a net positive for the crypto industry, with prominent industry players coming together to discuss and share their thoughts on the decentralized ecosystem’s past, present and future.

27.03 / 10:59

business defi Investments Europe European Union European DeFi startups saw 120% increase in VC investment in 2022: Data

2022 was a turbulent year for the crypto space, from an ongoing bear market and high-profile collapses of some of the industry’s most prominent players, like Terra and FTX. Despite the setbacks, venture capital (VC) investors continued to show support for crypto startups.

27.03 / 10:59

Blockchain defi Trading Forex Decentralization The benefits of trading Forex pairs in decentralized finance

Cryptocurrency volatility attracts a lot of traders looking to convert price fluctuations into profitable deals. Nevertheless, many traders still prefer to speculate on the price of traditional assets, mainly foreign exchange (forex) pairs. The daily turnover of the global forex market hit $7.5 trillion in April last year, according to data provided by the Bank for International Settlements (BIS), making it by far the largest market out there.

27.03 / 05:45

business Blockchain defi Altcoin security Scams lending exit $4M 'exit scam' suspected as Kokomo Finance flies off radar, token plunges

Optimism-based lending protocol Kokomo Finance has been suspected of a $4 million “exit scam” that has seen user funds plucked out from the platform via a smart contract loophole.

27.03 / 02:21

business Blockchain Ethereum Stablecoin defi coinbase inflation network Coinbase wants devs to build inflation-pegged 'flatcoins' on its new 'Base' network

Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently launched layer-2 network Base.

26.03 / 09:47

Hack defi Returns Euler Finance Hacker Returns $100 Million in Surprising Act – Here's What Happened

In a remarkable development, the Euler Finance exploiter has returned a huge portion of the $200 million stolen funds to the protocol.

26.03 / 00:15

Ethereum defi Hackers hacks Returns Euler Finance exploiter returns over 58,000 stolen Ether

The hacker behind the $196 million exploit on lending protocol Euler Finance has returned the majority of the stolen assets, according to on-chain data.

25.03 / 15:35

defi Hackers hacks Altcoin phishing Messaging App Arbitrum Discord hacker shares phishing announcement amid airdrop hype

The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server.

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