Defi Financial News

20.03 / 15:37

Ethereum Adoption defi Liquidity Derivatives Synthetix Synthetix nets $20M from Web3 quant trading firm

Tokenized asset issuance platform Synthetix has secured a $20 million investment through a new partnership with Web3 investment and quantitative trading firm DWF Labs.

20.03 / 14:09

Blockchain Ethereum defi privacy Bitcoin After scalability, privacy is the next big thing in the blockchain space

Public blockchains provide decentralization and transparency, but they lack on the privacy side. The anonymity of transactions on blockchains like Bitcoin (BTC) and Ethereum (ETH) is steadily losing ground, as transactions and addresses are easily tracked. With KYC imposed on most crypto exchanges, the majority of blockchain transactions can be traced to their initiators, exposing user activity, holdings, and financial data.

20.03 / 13:59

defi security Scams Project claiming to be 'AI-powered' drains $1M from users

As artificial intelligence (AI) recently became a trending topic due to the capabilities displayed by ChatGPT v4, a project claiming to be an “AI-based” decentralized application has taken almost $1 million from its users in a suspected scam.

20.03 / 09:41

Blockchain defi Cybersecurity Tokens Scams Cybercrime phishing Beware of fake Arbitrum Airdrops, community warns

Ethereum layer-2 scaling solution Arbitrum's upcoming "ARB" token Airdrop appears to have become a popular target for scammers, with the community warning of hundreds of phishing scams aimed at tricking crypto users.

19.03 / 21:03

business Blockchain defi Fork DefiLlama forked as internal dispute unfolds

A dispute has taken place within the decentralized finance (DeFi) analytics dashboard DefiLlama, leading the platform to be forked by one of its employees over the weekend.

19.03 / 17:13

Blockchain Technology Ethereum Adoption defi Tokens Top 7 ways to earn free crypto

Due to the popularity of cryptocurrency, numerous individuals are searching for means to acquire free crypto. Here are seven methods one can use to earn cryptocurrency without having to invest your own money, including crypto faucets, airdrops, staking, bug bounties and more.

19.03 / 13:03

business defi Hackers investigation EXP Attack Euler Finance hacker sends 100 ETH to red-flagged North Korean address

Ever since Euler Finance fell victim to the biggest decentralized finance (DeFi) hack of 2023, the crypto community closely follows the $197 million loot on-chain — hoping to track down the attacker. Out of the series of transfers made by the hacker, one transaction of 100 Ether (ETH) was allegedly sent to an address associated with North Korea-linked actors.

18.03 / 14:07

Blockchain Adoption defi Decentralization Bitcoin Worlds collide at Bitcoin-based DeFi project — Nothing is impossible

Bitcoin (BTC) has grown from a small project to a frontrunner for a possible global currency thanks to its unrivaled market capitalization, unmatched liquidity pool and reliable infrastructure. The long-term benefits of Bitcoin have ensured its place in the balance sheets of industry giants like Tesla and MicroStrategy as well as some small nation-states, no matter the passing market conditions.

18.03 / 12:25

Ethereum defi Hackers hacks transactions investigation Euler Finance hacker starts returning stolen Ether

The recent attack that drained $197 million from Euler Finance was dubbed the biggest decentralized finance (DeFi) hack of 2023 so far. However, this may not hold for much longer as the hacker reportedly had a change of heart.

18.03 / 01:53

business Adoption defi Polygon Tokens Assets Digital Asset NOT Real-world assets tokenization lacks infrastructure, not just regulation

The merger between decentralized finance (DeFi) and traditional assets, has been held back by lack of infrastructure and regulatory standards worldwide, sources recently told Cointelegraph.

18.03 / 00:11

defi Cardano Whale Cardano price Cardano Price Forecast as On-Chain Data Shows Huge Whale Activity – What Do They Know?

Cardano (ADA), the cryptocurrency that powers the smart-contract-enabled Cardano blockchain, was last changing hands around $0.34 per token, up around 4% on the day amid a broader rally in cryptocurrencies, but lifted somewhat by positive news about the Cardano development team delivering a new network upgrade.

17.03 / 23:53

Blockchain defi Hackers hacks Circle Banks DeFi sees its biggest hack in 2023 as Euler loses $197M: 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.

17.03 / 18:17

Blockchain Technology Ethereum defi Analysis Bitcoin 9 data science project ideas for beginners

Beginners should undertake data science projects as they provide practical experience and help in the application of theoretical concepts learned in courses, building a portfolio and enhancing skills. This allows them to gain confidence and stand out in the competitive job market.

17.03 / 13:23

Hack defi Exploit Wallet Addresses Linked to $200 Million Euler Exploit and Axie Infinity Hack Mysteriously Interact – Are North Korean Hackers Involved?

Wallet addresses linked to the recent exploit of Euler Finance and last year's breach of Axie Infinity's Ronin Network have shown interactions, fueling suspicions that North Korean cybercriminals could potentially be involved in the latest assault on Euler.

17.03 / 09:31

Blockchain Ethereum Twitter defi Hackers hacks security Euler Finance hacked despite 10 audits in 2 years, says CEO

Ten separate audits conducted over a two-year period of the Ethereum-based lending protocol Euler Finance deemed it to be “nothing higher than low risk” and having “no outstanding issues” prior to it suffering from a $196 million attack.

17.03 / 05:29

business Adoption defi Sport Altcoin DAO Governance Token LinksDAO wins bid to buy its first golf course, says CEO

The decentralized autonomous organization (DAO)-operated golf startup, LinksDAO is primed to become the new owner of the Spey Bay Golf Club in Scotland after successfully winning a bid to buy the course initially listed for just over $900,000.

17.03 / 01:07

business Stablecoin defi MakerDAO bonds DAI MakerDAO passes proposal for $750M increase in US Treasury investments

Lending protocol and stablecoin issuer MakerDAO passed a proposal on March 16 to increase its portfolio holdings of United States Treasury bonds by 150%, from $500 million to $1.25 billion.

16.03 / 17:15

defi regulation Banks Central Bank Financial Services Bitcoin 9 key metrics to analyze the health of a bank

A bank health check is a comprehensive assessment of a bank’s financial condition, performance and risk management practices. It is conducted by banking regulators or independent auditors to evaluate the bank’s ability to withstand adverse economic conditions and potential risks, including credit risk, market risk, liquidity risk and funding risk.

16.03 / 17:03

business defi Africa U.S. Developed markets lagging behind in digital payments: BlackRock CEO

The CEO of American investment company BlackRock, Larry Fink, highlighted the potential of digital assets and tokenization for the asset management industry in his annual chairman’s letter to the company.

16.03 / 10:31

Blockchain Ethereum defi Hackers hacks data Loans Euler hacker seemingly taking their chances, sends funds to crypto mixer

The hacker responsible for the $196 million attack on Euler Finance has begun moving funds into crypto mixer Tornado Cash, only hours after a $1 million bounty was launched to uncover the hacker’s identity.

16.03 / 02:43

business Adoption defi identity OpenAI co-founder’s 'World ID' project launches, along with SDK waitlist

Crypto unicorn Worldcoin has launched a waitlist for its “World ID” software development kit (SDK) — which will allow websites to verify the uniqueness and humanness of its users without storing their personal information.

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