Defi Financial News
01.12 / 03:49
Facebook
defi
Metaverse
The metaverse is happening without Meta's permission
In changing the name of its parent company to Meta, Facebook put a stake in the ground: It would be the symbol of the evolution of the internet, the metaverse. Whether we liked it or not.
01.12 / 01:09
business
defi
Liquidity
Funding
Market maker Keyrock closes $72 million in Series B funding round
Digital asset market maker Keyrock has raised $72 million in a Series B round of funding, according to an announcement on Nov. 30. Ripple, SIX Fintech Ventures, and Middlegame Ventures are among the investors in the round.
30.11 / 19:07
Blockchain
Technology
defi
Uniswap launches NFT marketplace aggregator
According to a new post on November 30, decentralized exchange (DEX) Uniswap announced that users can now trade nonfungible tokens, or NFTs, on its native protocol. As told by Uniswap, the function will initially feature NFT collections for sale on platforms including OpenSea, X2Y2, LooksRare, Sudoswap, Larva Labs, X2Y2, Foundation, NFT20, and NFTX.
30.11 / 14:27
defi
FTX
Solana-Based Decentralized Exchange Serum Now ‘Defunct’ After FTX and Alameda Implosion – Here’s What Happened
As the bankruptcy proceedings of FTX and linked firm Alameda Research continue to ravage through the cryptosphere, Solana-based decentralized exchange Serum is one of the latest victims of the collapse triggered by Sam Bankman-Fried’s actions. Serum has announced in a tweet that, as the upgrade authority is held by FTX, its program on the mainnet became defunct.
29.11 / 23:15
Blockchain
Technology
defi
Serum exchange rendered 'defunct' following the collapse of Alameda and FTX
The Solana-based decentralized exchange (DEX) has notified its community that the collapse of its backers — Alameda and FTX — has rendered its program “defunct”.
29.11 / 15:23
defi
lending
Aave
Aave DeFi Platform Freezes 17 Crypto Markets on Platform Due to Volatility Concerns – More Trouble on the Way?
Major decentralized lending protocol Aave has "temporarily" frozen its lending services across 17 markets citing excess volatility that could pave the way for market manipulation attempts.
29.11 / 02:21
Blockchain
Technology
defi
Exploit
Compound Finance to impose lending caps in light of failed Aave exploit
On Nov. 28, users of decentralized finance, or DeFi, lending platform Compound Finance passed a proposal to impose restrictions on the maximum borrowing of 10 tokens on the protocol. The proposal was put forth by financial modeling firm Gauntlet and passed with a majority "Yes," although total turnout amounted to less than 7% of the COMP tokens in circulation.
28.11 / 19:01
business
Blockchain
defi
Bankruptcy
BlockFi files for bankruptcy, as many expected, cites FTX collapse for its troubles
BlockFi announced on Nov. 28 that it has filed for Chapter 11 bankruptcy. The filing in the United States Bankruptcy Court for the District of New Jersey pertains to the company and its eight subsidiaries. The move comes after several days of speculation on the company’s financial health after the collapse of FTX.
28.11 / 19:01
Blockchain
Ethereum
defi
DAO
Redefining blockchain through crypto-biometrics and DAO approach | AMA with Occam DAO and Humanode
Decentralized autonomous organizations (DAOs) are taking over governance in the blockchain space, and this trend is only in its early stages still. Occam DAO, the decentralized voter community behind OccamFi, has recently voted in a new partnership for the incubator platform. Humanode will be joining the Occam ecosystem with its revolutionary approach to blockchain security and power distribution.
28.11 / 15:53
defi
Aave
Ava Labs
Aave temporarily freezes lending markets to fend off further attacks
The lending markets were frozen right after its governance members passed a vote that aims to temporarily freeze assets considered to be volatile and have low liquidity. The assets included in the list are Yearn Finance (YFI), Curve Finance (CRV), 0x (ZRX), Decentraland (MANA), 1inch (1INCH), Basic Attention Token (BAT), Enjin (ENJ), Ampleforth (AMPL), DeFi Pulse Index (DPI), RENFIL, Maker (MKR) and xSUSHI.
28.11 / 13:59
Provident
Digital
defi
Japanese Regulator Suggests it May Be Preparing to Police DeFi
The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector.
28.11 / 06:05
Blockchain
Ethereum
Twitter
defi
Crypto Twitter calls for calm after wETH insolvency joke goes viral
An inside joke about the “insolvency” of Wrapped Ethereum (wETH) over the weekend has forced influencers to explain it was just a “shitpost” after members of the community took it as real.
28.11 / 01:11
Adoption
defi
DEX
FTX
After FTX: Defi can go mainstream if it overcomes its flaws
The collapse of the now-bankrupt cryptocurrency exchange FTX has raised many concerns over unregulated centralized platforms.
28.11 / 00:23
business
Technology
defi
Telegram
TON Telegram integration highlights synergy of blockchain community
As a result of a recent upgrade to the wallet bot, users of the Telegram app are now able to purchase and sell cryptocurrencies without leaving the application. The wallet bot was developed by The Open Network (TON, formerly Telegram Open Network) in April. The bot initially enabled users to buy, sell and trade Toncoin (TON) within the Telegram app, but a new update has added a fully functioning cryptocurrency wallet to the application.
27.11 / 23:47
defi
Developers
Gaming
The reason bots dominate crypto gaming? Cash-grubbing developers incentivize them
Think back to the communities you’ve been genuinely excited to be a part of throughout your life. It’s likely these were groups formed on the basis of shared interests, right? That’s because we feel a sense of belonging when we bond with others over any particular thing we feel a particularway about. For example, I love games, and I never get tired of exploring or fostering communities where I can meet other gamers.
26.11 / 20:35
Blockchain
Technology
defi
DAO
Sustainability: What do DAOs need to succeed in the long run?
The rising popularity of decentralized autonomous organizations (DAO) reflects the growing tendency toward the creation of community-focused projects within the Web3 ecosystem.
26.11 / 00:19
business
defi
SEC
Bankruptcy
American regulators to investigate Genesis and other crypto firms
Cryptocurrency lending firm Genesis Global Capital and other crypto firms are under investigation by securities regulators in the United States, according to reports on Nov. 25.
26.11 / 00:19
defi
Hackers
regulation
Aave
Ava Labs
DeFi sparks new investments despite turbulent market: 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.
25.11 / 20:51
business
defi
DAO
Amber Group's co-founder Tiantian Kullander passes away at 30
Amber Group's co-founder Tiantian Kullander, also known as TT, unexpectedly passed away in his sleep on Nov. 23, according to the company's official website. Tiantian was 30 years old and leaves behind a wife and a son.
25.11 / 15:23
Blockchain
defi
Decentralization
MetaMask
ConsenSys addresses MetaMask IP collection, claims nothing has changed
After community backlash received from an initial privacy policy revision on Nov. 23, ConsenSys, the parent company of MetaMask, released a statement to reiterate the intentions of its data collection.
25.11 / 05:39
Law
defi
ApeCoin geo-blocks US stakers, two Apes sell for $1M each, marketplace launched
United States-based ApeCoin (APE) holders could miss out on staking rewards after the U.S. was added to a list of regions geo-blocked from using an upcoming APE staking service.
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