Defi Financial News

08.12 / 20:11

defi Hackers hacks Tokens Relaunch vulnerability Nomad releases bridge relaunch guide after patching contract vulnerability

The Nomad token bridge announced its relaunch guide after fixing the contract vulnerability that led to a $190 million exploit in August. According to a blog post from Dec. 7, the Nomad protocol will allow users to bridge back madAssets and access a pro-rata share of recovered funds.

08.12 / 14:15

Blockchain defi DEX education The all-in-one approach at the foundation of next gen crypto investment platforms

The ongoing FTX saga has injected more uncertainty into an already shaken market. If it was not clear already, even the biggest centralized exchanges can fail. The problem is multi-faceted. On the one hand, just like in traditional finance, centralized institutions are only as good as the people who run them. When investors use services like FTX, they are putting their trust in the people that run the service. Unfortunately, history is rife with examples of powerful people taking advantage of that trust.

08.12 / 00:23

markets defi Altcoin Buy the rumor, sell the news? Chainlink (LINK) price drops after staking launch

Chainlink has a busy start to December when it comes to development launches. The Chainlink (LINK) staking program opened up for early access on Dec. 6 and will expand access on Dec. 8.

07.12 / 19:45

Blockchain defi hacks Exploit Ankr deploys $15M to make whole users as Helio stablecoin recovers after exploit

According to a Twitter post dated Dec. 7, stablecoin protocol Helio, which issues the HAY stablecoin pegged against the U.S. dollar, said that the firm had bought back $3 million worth of bad debt in HAY thus far in the open market. The day prior, blockchain infrastructure platform Ankr stated it would allocate $15 million to buy back the bad debt resulting from its recent exploit and the resultant over-circulation of HAY.

07.12 / 18:29

defi regulation crimes Cybercrime Mixers Into the storm: The murky world of cryptocurrency mixers

Cryptocurrency mixing services are a divisive subject in the industry. Some advocate for the privacy-enabling features of these protocols while others maintain that they are mainly used for illicit means.

06.12 / 20:21

Blockchain defi Chainlink Staking services Chainlink launches staking to increase the security of oracle services

Blockchain oracle network Chainlink has launched its staking feature to help increase the economic security of the platform's oracle services.

06.12 / 16:27

Blockchain Ethereum Stablecoin defi Features Founder Vitalik Buterin Reveals 5 Features That Excite Him the Most About Ethereum – The Last One May Surprise You

In his latest blog post, Ethereum (ETH) co-founder Vitalik Buterin discussed "what in the Ethereum application ecosystem excites" him, including features related to money, identity, stablecoins, decentralization - and voting.

06.12 / 15:37

defi Fraud Bankruptcy Bitcoin Michael Saylor on the FTX fiasco: 'Unethical and illegal from the very beginning'

In a recent interview Michael Saylor, the MicroStrategy executive chairman and major Bitcoin (BTC) bull, shared his perspective on the fall of the FTX empire.

05.12 / 20:45

Blockchain Technology Ethereum defi Future Vitalik Buterin discusses his 'excitement' for the future of Ethereum

In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and hybrid applications were the top developments he was excited about in the Ethereum ecosystem. Buterin then described his experience in using Ether as a means of payment in a cafe in Argentina:

03.12 / 20:05

business defi Gemini FTX Crypto lender Genesis Crypto lender Genesis allegedly owes $900M to Gemini's clients: Report

Crypto lender Genesis and its parent company Digital Currency Group (DCG) allegedly owes $900 million to Gemini's clients, according to a Financial Times report disclosed on Dec. 3 citing people familiar with the matter.

03.12 / 00:57

Blockchain Ethereum defi Hackers DeFi ecosystem still haunted by FTX contagion: 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.

03.12 / 00:05

business Blockchain Technology defi Ankr says no one should trade aBNBc, only LPs "caught off guard" will be compensated

Following yesterday's confirmed multi-million dollar exploit, BNB Chain based protocol Ankr took to its company blog on Dec. 2 to relay its next steps to users.

02.12 / 19:45

Ethereum defi Bitcoin Is Bitcoin the only crypto that will survive FTX? | Interview with Bitcoin maximalist

The downfall of FTX and a number of other CeFi platforms in 2022 has reinforced a Bitcoin maximalist narrative, according to which most of the crypto ecosystem will eventually collapse due to its centralization.

02.12 / 17:25

Blockchain defi DEX Cybersecurity Trader allegedly saw over 5000x gains after Ankr protocol hack

As the BNB Chain-based protocol Ankr was exploited and the hacker dumped Ankr Reward Bearing Staked BNB (aBNBc) tokens, a trader took advantage of the price discrepancies to turn $2,879 into $15.5 million.

02.12 / 13:39

Hack defi Hackers Exploit DeFi Protocol Ankr Suffers Infinity Minting Exploit – Here’s What Happened

Decentralized finance (DeFi) infrastructure provider Ankr has been exploited to the tune of over $5 million due to a bug that allowed for unlimited minting of its token.

02.12 / 07:03

defi hacks Tokens Scams Exploit Breaking: Ankr confirms exploit, asks for immediate trading halt

The BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. 1.

02.12 / 01:51

event Adoption defi education Financial P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi

As one of the main growing sub-sectors in the crypto industry, decentralized finance (DeFi) has faced a challenging year amid market dynamics, cyberattacks and regulatory uncertainty. Its future demands more transparency and clarity in the regulatory landscape, according to a panel discussion at the International Workshop on P2P Financial Systems 2022 on Dec. 1.

01.12 / 23:57

Blockchain Technology Adoption defi Token Burn Fantom wants to cut token burn rate by 75% to fund dApp rewards program

According to a new proposal dated Dec. 1, directed acrylic graph network Fantom seeks to implement an affiliate program for its decentralized application, or dApp, developers with network gas fees. To fund this venture, the Fantom community has proposed slashing the protocol's current FTM token burn rate from 20% to 5%. In supporting the proposal, Fantom developers wrote:

01.12 / 20:29

Blockchain defi integration Solana-based market maker integrates Stripe for fiat-crypto transactions

As the Solana ecosystem comes back from the aftershocks of the FTX liquidity earthquake, one of its leading automated market makers (AMM), Orca, announced a new integration.

01.12 / 14:47

Ethereum defi Analysis data Ethereum staking Demand for liquid Ethereum staking options continues to grow post-Merge

Blockchain data analytics carried out by Nansen highlights the ever-growing amount of Ether (ETH) being staked across various staking solutions in the months following Ethereum’s shift to proof-of-stake (PoS) consensus.

01.12 / 07:25

defi Loans Crypto trading firm Auros Global misses DeFi payment due to FTX contagion

Crypto trading firm Auros Global appears to be suffering from FTX contagion after missing a principal repayment on a 2,400 Wrapped Ether (wETH) decentralized finance (DeFi) loan.

Defi Financial News

popular questions about defi

What is defi and why is it important?

Where can I find the latest updates on defi?

How can I verify the accuracy of information on defi?