Defi Financial News

03.03 / 21:05

Blockchain defi Decentralization Bitcoin This project aims to revolutionize DeFi on Bitcoin

Bitcoin (BTC), the original cryptocurrency with the largest market cap, continues to lead the crypto market — to both the green and red. Even though the crypto space gave birth to quite a few projects, the rest of the herd is no match for the brainchild of Satoshi Nakamoto for financial transactions.

02.03 / 22:53

Blockchain Adoption defi Altcoin Celo Celo president Rene Reinsberg explains why the protocol is optimizing for mobile

On Episode 10 of Cointelegraph’s Hashing It Out podcast, Celo president Rene Reinsberg joins Elisha Owusu Akyaw (GhCryptoGuy) to discuss the regenerative finance (ReFi) movement, which focuses on the building blocks of decentralized finance (DeFi) and the principles of regenerative economics. Reinsberg also explains how Celo intends to stay relevant in the multichain world of layer-1 blockchains and layer-2 networks.

02.03 / 19:09

Blockchain defi Cardano Web3 Funding stake Meet ISPO: An innovative proof-of-stake tool for blockchain-based fundraising

Venture capital has long been the go-to method for crypto projects looking for funding during the peak of a bull cycle. However, as the bear market of 2022 extended, the amount invested by crypto venture capital funds dwindled, showing a clear need for a self-sustained funding system for the blockchain space.

02.03 / 17:28

Technology Adoption defi Gaming Dapps Mobile Games GameFi analytics help blockchain gamers sift through crypto games

From the massive fall of Bitcoin’s (BTC) price to the collapse of crypto exchange FTX, 2022 was full of upheaval for the blockchain industry. But the blockchain community has always been resilient, finding new ways to develop in the most challenging times.

02.03 / 08:03

defi Hackers hacks wallet Scams phishing Scammer Notorious Monkey Drainer crypto scammer says they’re ‘shutting down’

The cryptocurrency phishing scammer behind some of the most high-profile and high-value Web3 thefts is claiming to have packed up shop and is “moving on to something better.”

02.03 / 07:31

business Ethereum Adoption defi Altcoin Polygon identity zk Polygon launches decentralized ID product powered by ZK proofs

Polygon, a layer-2 scaling protocol for Ethereum, has launched a zero-knowledge decentralized identity solutionto the public nearly a year after announcing its development.

02.03 / 04:31

defi CFTC regulation Decentralized finance to be examined at inaugural CFTC tech advisory meeting

The United States commodities regulator is set to take a close look at the decentralized finance (DeFi) space at an upcoming meeting of its tech committee, where it has also invited crypto industry executives to present.

02.03 / 00:13

business Blockchain defi Decentralization CEXs Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs

Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects and, thus, for the crypto space, it seems to be fueling infrastructure and security developments.

01.03 / 19:13

Blockchain Adoption defi identity Digital Asset Celo Identification Power Soulbound tokens power new identity solution on Celo blockchain

A central focus for many in the Web3 community has been improving identity solutions available to consumers. Last year the emergence of soulbound tokens (SBT) introduced a new way for users to define themselves.

01.03 / 12:03

Blockchain defi solana Upgrade Solana plans to improve its blockchain: Here’s how

The Solana network experienced a noticeable slowdown in block production after its most recent 1.14 network update on Feb. 25. In an immediate response to transaction disruptions, validators downgraded the software to up performance levels.

01.03 / 12:03

defi Hackers hacks compensation Exploit Portal Platypus Finance creates compensation portal for users following $9.1M exploit

Decentralized finance (DeFi) protocol Platypus Finance has created a portal that enables users to view how much the platform owes them following the recent $9.1 million exploit that the platform suffered.

01.03 / 11:17

Blockchain Ethereum defi Chain Bitcoin Breaking barriers: This protocol brings interoperability and easy swaps across chains

Interoperability remains a persistent issue in the world of gazillion blockchains and interesting protocols and projects. The need for interoperability leads to many practical problems, one of which comes down to token liquidity and crypto swapping between blockchains.

01.03 / 00:19

Ethereum ETH defi Ether Power How Another Ethereum DeFi Summer Can Power the Next Big ETH Price Rally

Smart-contract activity on the Ethereum blockchain remains relatively healthy, despite 2022’s ferocious bear market that has seen Ether (ETH), last in the low $1,600s, pull over 65% lower versus its November 2021 record highs in the $4,800s. According to a graphic presented by crypto data analytics firm Glassnode, so-called internal contract calls have remained close to their record highs in recent quarters at close to 4.0 million.

28.02 / 22:37

business Blockchain Ethereum defi Vitalik Buterin says 'more still needs to be done' over high Ethereum txn fees

In a new blog post published on Feb. 28, Ethereum (ETH) co-founder Vitalik Buterin documented the continued need to improve the namesake network to better facilitate ETH as a means of payment. In one instance, Buterin shared how he tried to pay for tea for himself and friends at a coffee shop in Argentina in 2021, but had to pay 0.01 ETH (around $40 at the time) as that was the minimum deposit for the owner's exchange account. "I did not mind the 3x overpayment and treated it as a tip," the co-founder wrote.

28.02 / 21:37

Blockchain defi DEX Uniswap Decentralization The evolution of DeFi: is a fully on-chain order book DEX a possibility?

For most retail crypto investors, centralized digital marketplaces like Binance, Coinbase, Kraken, and many more have been the preferred gateway to the world of cryptocurrency trading. However, as leaked customer data like the recent Gemini case and misappropriated funds like the FTX debacle continue to plague the space, crypto investors have been looking into alternatives. According to a Delphi Digital analysis following the FTX crash, DEX tokens saw a 24% uptick, and CEX tokens saw a 2% decline.

28.02 / 19:37

Blockchain Technology Ethereum Adoption defi Bitcoin Top 5 universities to study blockchain in the UK

Universities in the United Kingdom have started offering cutting-edge research programs, courses and practical experience in various aspects of blockchain technology, including cryptocurrencies, smart contracts, privacy, security and scalability. Students who graduate from these programs will be well-equipped with the knowledge and skills necessary to become leaders in the field of blockchain technology and drive innovation and adoption in various industries.

28.02 / 11:57

Binance defi FTX FUD Binance CEO responds to mainstream FUD: ‘They don’t know how an exchange works’

In the aftermath of the FTX collapse, Forbes published an article that focused on the recent “shuffling” of funds by the cryptocurrency exchange Binance.

27.02 / 15:19

Technology Adoption defi Web3 Metaverse Tech companies enter agreement for 'Japan Metaverse Economic Zone'

Interest in the metaverse is accelerating at a global rate, with countries all over the world joining in the rush to get involved.

27.02 / 13:27

defi Hackers hacks Decentralized Exchange BSC $700,000 drained from BNB Chain-based DeFi protocol LaunchZone

$700,000 worth of funds has been drained from BNB Chain DeFi protocol LaunchZone, with the project alleging that an attacker has carried out an exploit.

27.02 / 09:19

Ethereum defi Hackers hacks sanctions Lendhub protocol exploiters spotted shifting $3.85M into Tornado Cash

The suspected actors behind the $6 million exploit of decentralized finance (DeFi) lending protocol Lendhub have just sent more than half of their ill-gotten gains from January into sanctioned crypto mixer Tornado Cash.

26.02 / 17:17

Blockchain Ethereum defi hacks Cybersecurity security Smart Contracts Cross-Chain debate Uniswap DAO debate shows devs still struggle to secure cross-chain bridges

Over $2.5 billion was stolen in cross-chain crypto bridge hacks from 2021 to 2022, according to a report by Token Terminal. But, despite several attempts by developers to improve bridge security, a debate from December 2022 to January 2023 on the Uniswap DAO forums has laid bare security weaknesses that continue to exist in blockchain bridges.

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