Defi Financial News

13.02 / 23:21

defi privacy Decentralization ConsenSys MetaMask Infura is to blame for MetaMask’s violation of the crypto spirit

Censorship resistance is the foundation of crypto, so for many cryptocurrency purists, the Nov. 23 announcement by ConsenSys, the New York-based company behind the leading Ethereum browser wallet, informing its 20 million MetaMask users that their IP and wallet addresses would be collected was simply a gross violation of the crypto spirit.

13.02 / 22:31

Blockchain defi Hackers hacks regulation crimes Cybercrime Sky Mavis DeFi exploits and access control hacks cost crypto investors billions in 2022: Report

Cyber criminals used a variety of novel ways to carry out hacks and exploits in 2022, with over $2.8 billion of cryptocurrency stolen last year.

13.02 / 11:57

Blockchain defi wallet Huobi Huobi Cloud Wallet no more: Exchange pulls plug on DeFi multi-token wallet

Cryptocurrency exchange Huobi has announced that it will discontinue its Huobi Cloud Wallet platform in May 2023 citing ‘strategic and product adjustments’.

13.02 / 09:47

business Ethereum defi SEC Proof-of-stake Staking Crypto Staking consequences SEC's crypto staking crackdown has uncertain consequences for DeFi: Lido Finance

A crackdown by the United States securities regulator on crypto staking could have unintended consequences for decentralized finance (DeFi), according to the head of business development at Lido DAO.

12.02 / 15:11

Blockchain defi Decentralization Staking Cross-Chain Here’s how one company is solving DeFi’s issues through easy onboarding, and cross-chain staking

Decentralized finance (DeFi) was established to transform financial services so that anyone, no matter where they live or their status, can enjoy the benefits of financial sovereignty. However, before it can achieve its mission, it must first tackle the complexity, that deters millions of potential newcomers from using DeFi protocols.

11.02 / 17:27

business Technology defi Decentralized Exchange Decentralization Multichain Multichain DEXs are on the rise with new protocols enabling them

Decentralized exchanges (DEXs) have become increasingly popular in recent years due to their ability to offer users a high degree of control over their assets and a more secure trading environment than centralized exchanges.

11.02 / 17:27

Blockchain Technology Adoption NFT defi Metaverse Building a career in the metaverse: Skills and opportunities

A career in the metaverse involves developing and designing virtual environments and experiences within a virtual world. Creating virtual characters, objects and interactive experiences is one example of this. There are job prospects in software development, content creation and project management in this expanding profession, which includes disciplines, such as game design, 3D modeling, virtual reality (VR) and artificial intelligence.

11.02 / 01:01

Blockchain Adoption defi Uniswap Web3 community unites for Turkish–Syrian earthquake victims: 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.

10.02 / 19:55

Blockchain Ethereum Adoption NFT defi Internet play Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems

In the latest episode of NFT Steez, Thomas Webb, the founder of the interoperable avatar game Worldwide Webb, discusses the integration of interoperability in Web3 and the Metaverse.

10.02 / 13:19

Blockchain defi DEX CEX DEX aggregators making DeFi accessible to CEX fans

The sudden collapse of what was once the second-largest crypto exchange in the world has accelerated the migration from centralized exchanges (CEXs) to decentralized exchanges (DEXs). The now-bankrupt FTX still owes the equivalent of billions of dollars to users across the globe, and this is not the only instance of traders losing their funds with CEXs. The benefits of self-custody wallets and the use of decentralized finance (DeFi) applications have become more evident.

10.02 / 11:21

Law defi regulation Interpol Bitzlato co-founder released from brief arrest and questioning: Report

Local Russian media outlets reported on Monday that Bitzlato co-founder Anton Shkurenko was detained in Moscow on Feb. 6 at the request of Interpol. However, according to a Feb. 10 report from CoinDesk, Shkurenko was stopped and detained by the local police for an ID check, then promptly let go after a conversation.

10.02 / 11:13

NFT defi wallet Web3 security Private Keys Future What does the future of Web3 look like to SafePal CEO Veronica Wong?

As the world moves toward a more digital future, the concept of Web3 and its potential to revolutionize the internet has become a hot topic in the tech industry. In this interview, SafePal CEO Veronica Wong, shares her insights on the future of Web3 and the current state of the crypto market.

10.02 / 00:39

Blockchain Ethereum defi Ethereum staking Rocket Pool’s Ethereum staking service reaches $1B in TVL

According to data from DefiLlama, Ethereum staking service Rocket Pool reached $1 billion in total value locked (TVL) on Feb. 9. The move comes less than two years after the decentralized finance (DeFi) protocol launched its mainnet on Nov. 9, 2021. Dubbed a liquid staking solution for Ethereum, Rocket Pool allows users to join an Ethereum decentralized node operator or run their own node.

09.02 / 20:07

Ethereum defi Ethereum Price Market Update Bitcoin Why are artificial intelligence tokens going parabolic? Watch Market Talks live

In this week’s episode of Market Talks, Cointelegraph welcomes Average Joe’s Crypto, a research analyst and writer. He authors his own blog, which focuses on all things crypto, Web3 and decentralized finance (DeFi).

09.02 / 17:15

Blockchain Technology Adoption defi Software community Science open The importance of open-source in computer science and software development

Open-source refers to the practice of making source code freely available to the public, allowing anyone to view, modify and distribute the code. In computer science and software development, open source is important for several reasons, as explained in the below sections.

09.02 / 10:01

business defi lending Bitcoin Price Crypto lender SALT makes comeback with $64.4 million funding

The crypto winter and FTX collapse has decimated the ranks of cryptocurrency lenders. Genesis, BlockFi, Voyageur Digital and Celsius Network all filed for bankruptcy in the past seven months, and the contagion may still not be over. But at least one crypto lender appears to be on the comeback trail.

09.02 / 01:31

business Ethereum defi Trading Cybersecurity security Uniswap's BNB deployment should use multiple bridges, claims LIFI CEO

As Uniswap DAO’s vote to deploy to BNB chain continues, LIFI CEO Phillip Zentner argued in a February 6 forum post that the current proposal is flawed. According to him, the plan to use Wormhole as the sole governance bridge for Uniswap should be abandoned. Instead, he claimed that Uniswap researchers should work on a standardized system for using multiple bridges to handle governance decisions.

08.02 / 21:21

Blockchain defi Uniswap ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle

Web3 infrastructure developer ConsenSys, the maker of the popular MetaMask digital wallet, has cast 7.03 million votes in favor of a proposal that would see decentralized exchange Uniswap’s v3 protocol deployed on BNB Chain, according to data from Tally. The votes are denominated by the number of underlying UNI owned by ConsenSys, which is worth an estimated $47.5 million. At the time of writing, 77.56% of participants were in favor of the proposal, with 22.07% against it. The week-long voting process will close on Feb. 10.

08.02 / 19:51

Adoption defi security Financial Services Financial Systems DeFi securitization of real-world assets poses credit risks, opportunities: S&P

DeFi’s use case in traditional finance could grow in the coming years as new protocols attempt to support the securitization of real-world assets, according to a new research report from credit rating agency S&P Global Ratings.

08.02 / 17:07

Blockchain Ethereum Adoption defi ConsenSys founder 'bullish' on Ethereum following crypto winter performance

With Ethereum showing resilience through the latest cryptocurrency winter, ConsenSys founder Joe Lubin says he’s ‘bullish’ over Ether's (ETH) relative stability through compounding macro events.

08.02 / 12:03

NFT defi Investments play-to-earn Minting How to Crypto What is Splinterlands and how to earn money playing it

The development of blockchain technology and the growing adoption of nonfungible tokens (NFTs) are two factors that have contributed to the proliferation of play-to-earn collectible games. Play-to-earn (P2E) games allow players to gain benefits by participating in the game, such as in-game currency and items.

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