Defi Financial News

07.02 / 20:13

Adoption defi Web3 Charity Crowdfunding The Web3 community responds to Turkish-Syrian earthquake tragedy

A massive earthquake hit southeastern Turkey along the border with Syria on Feb. 6, which has so far caused the death of more than 5,000 people. The quake had a magnitude of 7.8 on the Richter scale, which is internationally categorized as a “major” earthquake, and occurred along 100km (62 miles) of the fault line.

07.02 / 17:45

business Blockchain Technology Adoption defi banking The history and evolution of the fintech industry

The financial technology (fintech) industry has its roots in the late 20th century, with the advent of electronic banking and online stock trading. Since then, fintech has expanded and changed over time as a result of technological and internet advances. As a result, new financial services and products have been created with the intention of enhancing accessibility, simplicity and effectiveness in the financial services industry.

07.02 / 17:45

Blockchain Ethereum defi Staking Lido plans to level up ahead of Ethereum Shanghai hard fork upgrade

Liquid staking protocol Lido is set to roll out staking reward withdrawals and improved staking architecture with the announcement of the upcoming Lido V2 upgrade.

07.02 / 16:05

Adoption defi Aave Decentralization MakerDAO SushiSwap defi protocols DeFi protocols unite to promote permissionless Web3 experiences

The damages caused by the fall of major crypto ecosystems in the last year are on a path of steady recovery as good actors take proactive measures to rebuild trust among investors. Major players from the decentralized finance (DeFi) ecosystem came together to showcase the incentive behind operating trustless, interoperable and permissionless platforms.

07.02 / 14:15

Ethereum defi Liquidity Derivatives Staking DeFi’s Next Big Thing: Liquid Staking Derivatives

The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively new type of token that enables stakers to augment potential returns by unlocking liquidity for their staked cryptocurrency, such as ETH.

07.02 / 12:27

defi Hackers hacks DEX Exploit CoW Swap hacker milks over 550 BNB using ‘solver’ exploit

Decentralized exchange (DEX) protocol CoW Swap recently suffered an attack, losing at least 550 BNB (BNB) in a contract exploit that approved fund transfers from the protocol.

07.02 / 06:09

business defi Hackers Scams Fraud phishing Lobby 'Haunts me to this day' — Crypto project hacked for $4M in a hotel lobby

The co-founder of Web3 metaverse game engine “Webaverse” has revealed they were victims of a $4 million crypto h after meeting with scammers posing as investors in a hotel lobby in Rome.

06.02 / 22:55

Government Law defi Tokens us government Did dYdX violate the law by changing their tokenomics?

On Jan. 24, the dYdX Foundation, the entity responsible for the dYdX decentralized crypto exchange, announced “changes” to its tokenomics — the way it distributes tokens to early investors, employees and contractors, and, of course, the public.

06.02 / 18:11

defi Uniswap layer2 network Community votes to deploy Uniswap v3 on Boba Network

Members of the Uniswap community voted in favor of deploying Uniswap v3 on Boba Network's layer-2 protocol on Ethereum.

06.02 / 15:51

event defi Aave Stablecoin adoption Stablecoin adoption could lead to DeFi growth, says Aave founder

Stani Kulechov, the founder of the decentralized finance (DeFi) protocol Aave, highlighted several issues within the DeFi space at the StarkWare Sessions 2023, held at The Cameri Theatre in Tel Aviv, Israel.

06.02 / 11:11

business Binance defi regulation Taxes Crypto users Binance Tax launched to prepare crypto users for the tax season

For many countries, the tax season is right around the corner, which means companies in the crypto industry will need to be ready to help their users comply with local regulations.

06.02 / 01:09

business defi Uniswap Venture Capital DAO a16z votes against proposal to deploy Uniswap V3 on BNB Chain

Venture capital firm Andreessen Horowitz (a16z) voted against a final proposal to deploy Uniswap V3 on the BNB Chain using the Wormhole bridge, shows the Uniswap DAO forum.

04.02 / 23:25

business defi lending Digital Currency Group Bankruptcy creditors committee Genesis unsecured creditors' committee appointed

A seven-member committee has been appointed to represent the interests of unsecured creditors in Genesis Global bankruptcy case, according to court filings on Feb. 4.

04.02 / 00:01

defi Hackers hacks regulation DeFi enjoys a prolific start to 2023: 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.

03.02 / 17:55

Ethereum defi MetaMask Russia's Sberbank plans to launch DeFi platform on Ethereum

Russia’s largest bank Sberbank is moving forward with the plan to launch its decentralized finance (DeFi) platform, preparing to trial the product in a few months.

03.02 / 00:31

Government Stablecoin Adoption defi regulation Europe Euro approved Euro stablecoin launched in Finland, claims to be first approved in the EU

Finnish company Membrane Finance has released a fully-reserved stablecoin backed by the euro, according to a Feb. 2 blog post from the company. The company is licensed by the Finnish Financial Supervisory Authority (Fin-FSA) and claims that the new ”EUROe” coin is “the first and only EU-regulated crypto stablecoin.”

02.02 / 22:07

Blockchain defi Hackers hacks Altcoin Exploit Lack of liquidity mitigated damages to BonqDAO exploit: Report

According to blockchain security firm CertiK, the damage caused to decentralized protocol BonqDAO on Feb. 1 may have been much less than initially thought.

02.02 / 21:49

Ethereum NFT defi DApp Dapps DeFi enjoys prolific start to 2023: DappRadar report

Decentralized finance (DeFi) protocols experienced a boom in total value locked across different staking pools in January 2023. The market hit $74.6 billion worth of staked assets, increasing by 26% from December.

02.02 / 21:43

defi Presale While Canto Price Explodes, These 3 Altcoins Might 10x

CANTO, the cryptocurrency that powers Canto’s Decentralized Finance (DeFi) focused layer-1 blockchain protocol, has been exploding higher in 2023. CANTO/USD is up a staggering around 530% since the turn of the year and hit record highs earlier on Thursday in the $0.60s. This time last month, CANTO was changing hands for close to $0.07.

02.02 / 20:05

defi regulation Decentralization Market Update Bitcoin Why are Bitcoin and crypto pumping after the Fed meeting? Watch Market Talks live

In this week’s episode of Market Talks, Cointelegraph welcomes Budd White, chief product officer and co-founder of Tacen,a United States-based software company developing compliance software for a well-regulated crypto space.

02.02 / 20:05

defi solana lending FTX Solana DeFi protocol Everlend shuts down over liquidity issues

Solana decentralized finance (DeFi) protocol Everlend Finance is closing down its operations and urging clients to withdraw funds from the platform.

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