Defi Financial News

04.07 / 11:29

business defi lending Bitcoin Withdrawals Lost Keys lost in the Vauld: Singapore crypto exchange freezes withdrawals

Crypto contagion claims another casualty. In a statement, Singapore-based crypto exchange Vauld has made the “difficult decision to suspend all withdrawals, trading and deposits on the Vauld platform with immediate effect.”

04.07 / 06:01

Blockchain defi Cardano Scalability Testnet Fork of July: Cardano Vasil upgrade successfully launches on testnet

The much-anticipated Vasil hard fork has been completed on the Cardno testnet, bringing it one major step closer to becoming a reality on the mainnet and promising broad performance upgrades.

03.07 / 05:31

Blockchain Technology defi Cybersecurity The development of blockchain industry and how to defend against attacks on DeFi

Nowadays, the blockchain market as a whole is in its infancy, and the decentralized finance (DeFi) market is its most promising part. According to DefiLlama data, in 2021, the DeFi market had around $200 billion of liquidity locked in smart contracts. If we view this capital as an initial investment, this market looks like a highly promising venture. Not too many global companies can boast of such a capitalization. But any young market has its teething problems. With DeFi, the main issue is a lack of qualified blockchain developers.

02.07 / 16:39

Blockchain Technology defi How to earn crypto passive income with forks and airdrops?

When cryptocurrencies like Bitcoin (BTC) go through bear phases like the one we currently find ourselves in, the idea of earning passive income from one’s holdings becomes all the more attractive for long-term investors.

01.07 / 23:15

Adoption defi Hackers hacks Sky Mavis Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined

Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.

01.07 / 20:39

defi lending Aave Federal Reserve Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes

Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes wrote.

01.07 / 17:07

business defi regulation Bitcoin Self-custody is key during extreme market conditions: Here's what experts say

The ongoing crisis of cryptocurrency lending and the associated crypto market decline once again confirms the importance of self-custody or the "true ownership" of crypto by its holder, according to several industry experts.

01.07 / 10:47

Blockchain defi DAO DAI MakerDAO members shoot down proposal for more centralization

In a major win for decentralization, members of MakerDAO, the lending protocol behind the Dai (DAI) stablecoin, have rejected a series of proposals that would have seen the protocol’s governance structure become more centralized.

01.07 / 09:03

Adoption defi Tokens Communications Multisigs mean funds in bridges are 'one small slipup' from being hacked

The recent exploit on Harmony’s Horizon Bridge revealed the inherent flaws with multisig admin keys that leave projects and their users “one small slipup” from deep trouble.

01.07 / 00:01

markets defi Ponzi scheme analysts Analysts identify 3 critical flaws that brought DeFi down

The cryptocurrency market has had a rough go this year and the collapse of multiple projects and funds sparked a contagion effect that has affected just about everyone in the space.

30.06 / 21:33

markets Blockchain Adoption defi debate Time Traders debate whether Solana (SOL) is a buy now that it’s down 87% from its all-time high

The crypto sector is caught in a deep correction and recent reporting shows that a majority of altcoins are more than 70% down from their 2021 highs. Solana is on that list and investors are on the fence about whether the token has strong enough fundamentals to warrant buying Solana (SOL) at its current value.

29.06 / 19:35

business defi DAO Bitcoin Time It’s time to refocus on crypto infrastructure, CoinShares CSO says

The ongoing cryptocurrency market decline is the right time for the community to strengthen infrastructure fundamentals, according to the chief strategy officer at the European digital asset manager CoinShares.

29.06 / 19:35

Blockchain Technology defi Polkadot's founder announces steps toward full decentralization with new governance model

Live from Polkadot Decoded in Buenos Aires on Wednesday, Polkadot and Kusama founder Gavin Wood announced that the blockchain's governance model would undergo a new transformation. Dubbed Gov2, anyone would be able to start a referendum at any time for as many times as they wish in the new setup, similar to initiating new transactions on the blockchain.

29.06 / 17:05

Adoption defi Hardware Ledger Alkemi Earn integration brings DeFi lending to 1.5M Ledger users

The Alkemi Earn app has been added to the hardware wallet Ledger's Discover area, making decentralized finance (DeFi) lending and borrowing service accessible to Ledger's 1.5 million active customers.

29.06 / 09:27

Blockchain defi DAO DAI MakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds

MakerDAO is currently voting on a proposal aimed at helping it weather the bear market and utilize untapped reserves by investing 500 million Dai stablecoins into a combination of US treasuries and bonds.

28.06 / 14:43

Blockchain defi NOT Not sure how to make the most out of Web3? This crypto wallet can help

A major crypto trading platform has unveiled a new wallet that's designed to help users make the most out of what Web3 has to offer.

28.06 / 12:09

Blockchain defi DAO Science DAO structure supports advancement of modern science in latest Web3 movement

While the concept of decentralized finance (DeFi) is still seeing strong growth projections, it is not the only industry showing massive potential. Following the financial use case came a host of scientists and entrepreneurs who incorporated smart contracts, tokens and other blockchain tools in their efforts to improve modern science. The movement, which focuses on the benefits of decentralized cross-border collaboration science, is now more widely known as DeSci.

27.06 / 14:37

Stablecoin Adoption defi regulation Swiss National Swiss National Bank exec: Regulators may favor centralized stablecoins after Terra crisis

Swiss National Bank (SNB) deputy head Thomas Muser talked to Cointelegraph editor Aaron Wood and discussed the ongoing trends in central bank digital currencies (CBDCs), stablecoins, and regulations, during the recently concluded European Blockchain Convention (EBC) 2022.

27.06 / 14:37

Blockchain defi solana DAO Power Less than 1% of all holders have 90% of the voting power in DAOs: report

Decentralized autonomous organizations (DAOs) have become a rage in the ever-expanding crypto ecosystem and are often seen as the future of decentralized corporate governance.

27.06 / 13:27

Ethereum Hack defi security Returns 500 XCarnival Hacker Accepts ETH 1,500 Bounty and Returns Remaining ETH 1,467

The hacker of XCarnival, a lending aggregator for metaverse assets, has accepted a bounty of ETH 1,500 (USD 1.85m) in exchange for the return of the remaining ETH 1,467 (USD 1.8m) and the team not pursuing legal actions.

27.06 / 06:35

Ethereum defi Cybersecurity security Harmony offers $1M bounty, but is it big enough?

The Harmony layer-1 blockchain project team has offered a bounty equal to just 1% of the $100 million in crypto stolen from the Horizon Bridge hack last week.

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