Defi Financial News

17.11 / 07:53

Blockchain Ethereum defi Decentralized Exchange Bitcoin Options decentralized marketplace Bitcoin Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps

DeFi platform Sushi has partnered with interoperability platform ZetaChain to explore the possibility of native Bitcoin swaps for its users across 30 different blockchain networks.

16.11 / 18:39

defi Decentralized Finance MakerDAO DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry

A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries.

16.11 / 17:31

business Ethereum defi Decentralized Exchange Aave Decentralization acquires Aave Companies rebrands to Avara, acquires Ethereum self-custody ‘Family Wallet’

Decentralized finance (DeFi) group Aave Companies has been rebranded to Avara as it looks to broaden its user base across the Web3 ecosystem.

16.11 / 11:59

NFT defi DEX Gaming Non-fungible tokens Cake PancakeSwap Crypto Exchange PancakeSwap Expands into Gaming with New Marketplace – Earn CAKE for Playing Games?

Decentralized exchange (DEX) PancakeSwap has launched its Gaming Marketplace, enabling developers to directly build, publish, and update games on the platform to an audience of 1.5 million potential players.

16.11 / 11:13

Ethereum defi Trading Decentralization Features This DeFi platform offers advanced trading features on all EVM DEXs with Ethereum account abstraction

goodcryptoX, a new DeFi trading platform, leverages Ethereum’s account abstraction feature to provide users with advanced trading functionality and a seamless user experience.

15.11 / 21:27

defi vulnerability White Hat Hackers Awarded $300K After Uncovering Critical Chainlink VRF Vulnerability

Decentralized oracle network Chainlink recently awarded white hat hackers Zach Obront and Or Cyngiser of Trust $300,000 for uncovering a critical vulnerability in its Verifiable Random Function (VRF) product. VRF allows smart contracts to access tamper-proof random values while maintaining security.

15.11 / 19:39

Ethereum defi Cybersecurity 46% of crypto lost from exploits is due to traditional Web2 flaws - Immunefi

A new report from blockchain security platform Immunefi suggests that nearly half of all crypto lost from Web3 exploits is due to Web2 security issues such as leaked private keys. The report, released on November 15, looked back at the history of crypto exploits in 2022, categorizing them into different types of vulnerabilities. It concluded that a full 46.48% of the crypto lost from exploits in 2022 was not from smart contract flaws but was rather from “infrastructure weaknesses” or issues with the developing firm’s computer systems.

15.11 / 19:15

Blockchain Ethereum defi Cybersecurity layer2 Layer 2 networks hit $13B TVL, but challenges still remain

Ethereum layer-2 networks reached a new milestone on Nov. 10, reaching $13 billion of total value locked (TVL) within their contracts, according to data from blockchain analytics platform L2Beat. According to industry experts, this trend of greater interest in layer 2s is likely to continue, although some challenges remain, especially in the realms of user experience and security.

15.11 / 08:31

defi SEC Bitcoin Franklin Bitcoin spot ETF spot bitcoin ETFs US SEC to Decide on Two Spot Bitcoin ETFs by Nov. 17

The U.S. Securities and Exchange Commission is scheduled to announce its decisions on two Bitcoin exchange-traded funds (ETFs) by Nov.17, according to Bloomberg Intelligence.

14.11 / 18:05

defi CFTC regulation Opyn DeFi protocol founders are leaving crypto after CFTC crackdown

Zubin Koticha and Alexis Gauba, two founders of the Opyn decentralized finance (DeFi) protocol, are stepping down from the project and “leaving crypto,” according to a statement from Koticha posted to social media on Nov. 14. The statement comes approximately two months after Opyn settled an enforcement action against it from the United States Commodity and Futures Trading Commission (CFTC).

13.11 / 11:47

Blockchain Adoption defi phishing phishing scam Crypto users Chinese hackers use fake Skype app to target crypto users in new phishing scam

A new phishing scam has emerged in China that uses a fake Skype video app to target crypto users.

13.11 / 05:45

Blockchain Adoption defi DEX Altcoin Uniswap PancakeSwap surges week THORChain becomes third largest DEX as Rune surges 50% in a week

Native asset settlement protocol THORChain has recorded the third-largest trading volume among non-centralized exchanges in the last week with users seemingly attracted to the high yield offered adjacent to its native token Rune (RUNE).

12.11 / 12:25

defi XRP Web3 XRPL’s fixReducedOffersV1 upgrade initiates 80% consensus countdown

The “fixReducedOffersV1” amendment is now in a two-week activation countdown phase, having garnered approval from over 80% of validators. This amendment signals a significant upgrade for XRPL.

11.11 / 18:46

Blockchain Ethereum ETH Hack defi Platform reports DeFi Platform Raft Hacked for $3.3 Million, Attacker Burns Most of Stolen ETH – Here’s What Happened

Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH).

10.11 / 19:31

defi Hackers hacks regulation Aave Court Mango Markets’ exploiter to face trial in April, and Coinflux shuts multichain: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week.

10.11 / 13:53

Digital defi SEC Align Gaming Coindesk prevention Will GTA 6 Incorporate an In-Game Cryptocurrency? Lawyer Shares Insights

The highly anticipated Grand Theft Auto (GTA) VI is coming – but will it come with an in-game cryptocurrency? A lawyer has suggested that perhaps not. Yet.

10.11 / 11:41

Blockchain Adoption defi Trading TradFi Bridging TradFi with crypto innovations: AMA with XBTO

The latest Cointelegraph AMA, live on October 25, 2023, covered the journey of XBTO, a comprehensive platform for digital assets and tailored investment solutions catered to sophisticated non-US investors and institutions.. The special guest invited to talk about XBTO’s journey, impactful partnerships and position in the industry was Philippe Bekhazi, CEO and founder of XBTO.

10.11 / 04:51

Ethereum Adoption defi fees transactions layer2 Bitcoin Ethereum, Bitcoin users reignite scalability debate as gas fees surge

A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability and the role of layer 2s.

09.11 / 21:47

defi Polygon Labs Launches $85 Million Developer Fund to Attract Web3 Talent

On Thursday, Ethereum scaling solution Polygon Labs announced the launch of an $85 million grant program with the goal of attracting top Web3 talent to build on its network. The initiative will provide funding and support to promising projects across decentralized finance (DeFi), gaming, social media, identity solutions, and more.

09.11 / 15:25

Ethereum Adoption defi regulation coinbase Proof-of-stake Staking Ava Labs Updates stake Proof of Stake Alliance updates recommendations for staking providers

The Proof of Stake Alliance (POSA), a non-profit organization that represents firms in the crypto staking industry, published an updated version of its “staking principles” on Nov. 9. The new principles are supported by Ava Labs, Alluvial, Coinbase, Lido Protocol, Paradigm, and ten other staking industry firms.

09.11 / 10:19

Blockchain defi Bitget integrates DeFi aggregator into crypto exchange app

Crypto exchange Bitget has integrated a decentralized finance (DeFi) aggregator into its crypto exchange application, allowing users to swap their tokens and access DeFi services through its Web3 Wallet.

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