Defi Financial News

25.02 / 19:33

Blockchain Technology Adoption defi Developers Job FinTech How to hire a blockchain developer in 5 easy steps

It might be difficult to find a blockchain developer, particularly if one is unfamiliar with the technology and its range of uses. Employing knowledgeable developers who can assist organizations in creating and deploying blockchain-based solutions that match their objectives is becoming more and more crucial due to the growing demand for blockchain solutions across industries. In this article, we will outline five easy steps to hire a blockchain developer.

25.02 / 19:03

defi Hackers hacks Police French police arrest 2 people in connection to Platypus attack

Two suspects have been arrested by the French police in connection with Platypus' $9.1 million exploit, and 210,000 euros worth of cryptocurrency has been seized, according to the local authorities.

25.02 / 16:37

defi MakerDAO Lawsuit Maker DeFi Giant Maker Emerges Victorious as US Judge Dismisses $28M Lawsuit Filed Against It by Crypto Investors

A US judge has dismissed a class-action lawsuit against DeFi crypto lender Maker that alleged the platform misrepresented risks investors faced, leading to catastrophic losses of collateral on MakerDAO back in 2020.

25.02 / 13:01

Hack defi Wormhole Jump Crypto Trading Firm Strikes Back: Recovers $140 Million Stolen Crypto from Wormhole Hack – Here's What Happened

Jump Crypto, the Chicago-based crypto arm of Jump Trading that helped develop DeFi project Wormhole, has managed to counter-exploit the Wormhole protocol hacker and retrieve $140 million worth of tokens.

25.02 / 04:49

defi Hackers hacks MakerDAO Jump Crypto & Oasis.app counter exploits Wormhole hacker for $225M

Web3 infrastructure firm Jump Crypto and decentralized finance (DeFi) platform Oasis.app have conducted a “counter exploit” on the Wormhole protocol hacker, with the duo managing to claw back $225 million worth of digital assets and transfer them to a safe wallet.

25.02 / 00:11

defi Hackers hacks regulation Loans Terra Yield platform Stablegains sued for promoting UST: 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.

24.02 / 23:33

defi Liquidity lending DeFi ‘fragility’ causes and cures explored in highly technical Bank of Canada study

The Bank of Canada has released a working paper that examines lending protocols in decentralized finance (DeFi) with regard to sources of instability and their relation to crypto asset prices. Its findings point to potential ways to optimize DeFi lending platforms, or possibly the practical limits of decentralization.

24.02 / 16:35

Blockchain Adoption NFT defi NFT Steez NFT Steez and Victor Solomon discuss building in Web3 and the metaverse

NFT Steez hosts Alyssa Expósito and Ray Salmond chatted with Victor Solomon to discuss his journey in bridging his in-real-life artwork with NFTs and how he cultivates the community and culture that surrounds his art.

24.02 / 15:25

Adoption defi DEX Trading Decentralized Exchange How DeFi aggregators optimize DEX trading

The rapid downfall of FTX has hastened the shift from centralized exchanges (CEXs) to decentralized exchanges (DEXs), but selecting the right DEX is not an easy task. Besides looking for convenience and an intuitive interface, crypto traders face several challenges with DEXs that can greatly affect their trading activity.

23.02 / 22:51

business defi Hackers hacks Cybercrime compensation Platypus reveals compensation plan for users' funds after attack

Decentralized finance (DeFi) protocol Platypus disclosed details of a recent $9.1 million exploit, alongside efforts to recover the funds, and a compensation plan for victims.

23.02 / 21:13

markets defi Trading Altcoin Altcoin Watch Op Price How Fantom and Optimism’s DeFi and DApp development directly affects FTM and OP price action

The price action of Optimism (OP) and Fantom (FTM) tokens have been quite identical since the last quarter of 2022. The difference is, volatility is slightly higher for OP, which surged 240% year-to-date, compared to the 180% gains seen in FTM.

23.02 / 15:33

business defi Digital Asset Mainstream Self Custody acquires Galaxy acquires institutional crypto custody firm for $44M

Galaxy Digital has invested $44 million into an institutional cryptocurrency custody platform to tap into its proprietary asset storage and management capabilities.

22.02 / 15:43

Adoption Binance defi Europe Pilots France pilots in-store crypto payments as Binance partners with Ingenico

The mainstream adoption of crypto and crypto-based services continues, as more companies are bridging traditional financial (TradFi) solutions with decentralized financial (DeFi).

22.02 / 00:29

business Blockchain Technology Adoption defi Cosmos Cosmos Interchain Foundation allocates $40M for ecosystem development in 2023

According to a medium post on Feb. 20, the Interchain Foundation (ICF), a non-profit organization behind the creation of the Cosmos (ATOM) interblockchain communications (IBC) ecosystem, has committed to spending approximately $40 million in 2023 to develop its core infrastructure and applications. As a part of the Interchain Stack, which is utilized by around 50 blockchains, these include the Tendermint Core (and now CometBFT), Cosmos SDK, Cosmos Hub, and the IBC protocol.

21.02 / 18:17

Blockchain Adoption defi Gaming DApp Dapps Gamers made up nearly half of all blockchain activity in January: DappRadar Report

Play-to-earn blockchain gaming experienced a downturn over the last year as gamers prioritized improving the gameplay experience.

21.02 / 13:27

Blockchain defi Hackers hacks Scams Arbitrum Exploit Hope Finance exploit results in $2M stolen from users' funds

Prospective users of an Arbitrum-based decentralized finance (DeFi) project have been left out of pocket following a $2 million exploit.

21.02 / 09:13

Blockchain defi hacks Cybersecurity Tokens Scams PUMP BingChatGPT 'pump & dump' tokens emerging by the dozens: Peckshield

Blockchain security firm Peckshield has raised the alarm after finding dozens of tokens purporting to be related to artificial intelligence (AI) powered chatbot ChatGPT.

21.02 / 02:33

business defi Investments SEC Composable Finance CEO denies legal violations as CTO steps down

The CEO of Composable Finance has vigorously refuted allegations of legal improprieties at his decentralized finance (DeFi) infrastructure platform, which was being aired by the firm's former CTO Karel Kubat.

20.02 / 18:07

business Blockchain Technology Adoption defi Health 9 promising blockchain use cases in healthcare industry

The use of blockchain technology in the healthcare industry has the potential to revolutionize the way medical records are managed, medical research is conducted and patient care is delivered. Here are nine promising use cases for blockchain in healthcare.

20.02 / 18:07

defi DEX Trading Liquidity This DEX functions as public infrastructure for an ecosystem - AMA with Crescent

The DeFi space, a vibrant branch of the blockchain industry, continues to grow and develop despite the bearish conditions experienced in 2022. Revolutionary DEXs are transforming the crypto trading scene, and decentralized solutions are increasingly finding application in the traditional economic space.

20.02 / 15:40

Adoption defi Research Fiat Money Crypto transaction success rate hinges on user location: Report

The crypto community continually seeks ways to bridge the gap between traditional finance and fiat currencies with decentralized finance (DeFi) tools. Crypto on-ramp platforms are a primary way users can cross between these two financial ecosystems.

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