DeFi

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24 Apr 23

Binance enables greater flexibility for WBETH DeFi users

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Wrapped beacon ethereum (WBETH) is now available on the ETH Staking service at Binance, the largest cryptocurrency exchange in the world. To ensure that users are eligible to collect the matching ETH staking incentives accumulated, DeFi has created a new liquid […]

18 Apr 23

Coinbase ramps up UK DeFi plans amid US regulatory concerns

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase has outlined its ambitions for the future of decentralized finance (DeFi) in the UK, building on its recent praise for the country’s cryptocurrency developments. Crypto exchange Coinbase has described the United Kingdom as a “web3 innovation hub” in a blog […]

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17 Apr 23

SEC intensifies scrutiny on DeFi, sparking concerns over innovation and competition

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The U.S. Securities and Exchange Commission is taking a closer look at decentralized finance (DeFi), raising concerns about the potential stifling of innovation and competition within the rapidly evolving industry. The United States SEC is increasing its focus on the cryptocurrency […]

16 Apr 23

DeFi lending protocol, Hundred Finance, hacked for $7.4m

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Multichain lending protocol, Hundred Finance, was hacked on Ethereum’s layer-2 scaling solution, Optimism, resulting in a loss of approximately $7.4m. Hundred Finance hacked On April 15, the DeFi platform announced that it had contacted the hacker and collaborated with many security […]

13 Apr 23

Uniswap unveils mobile wallet app to boost DeFi adoption

Uniswap, a major player in the decentralized finance sector, has introduced a user-friendly mobile wallet app designed to foster DeFi wallet adoption and enable convenient trading for cryptocurrency enthusiasts on the move. Uniswap has unveiled a new mobile wallet app with the goal of enhancing DeFi wallet adoption and enabling convenient trading on the move, […]

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13 Apr 23

Hacked DeFi platform, Euler Finance releases funds redemption details

Ethereum (ETH)-based decentralized finance (DeFi) protocol, Euler Finance has released the token redemption plan for users affected by the flashloan attack it suffered last month. Euler Finance users to get reimbursed After successfully recovering nearly all the stolen funds from the bad actors that orchestrated a flash loan attack on its DeFi lending and borrowing […]

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10 Apr 23

Terra Classic’s DeFi project Terraport suffers exploit shortly after launch

Terraport Finance, the recently launched decentralized finance (DeFi) project on the Terra Classic network has been hacked, with 15 billion LUNC drained from the protocol. 15 billion LUNC and 9.7 million TERRA wiped from liquidity wallet In a tweet on April 10, 2023, Terraport Finance announced a breach in the protocol’s liquidity wallet, which enabled […]

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07 Apr 23

Cardano’s DeFi landscape advances with launch of its first oracle integrator

The Cardano network has taken a step towards total decentralization with its first oracle integrator launch. Liqwid, a top DeFi project on Cardano, has integrated Charli3, the first decentralized oracle integrator on Cardano’s mainnet, which went live on April 6. Charli3 enables projects to deliver precise, secure, and safe data to their platforms and users, […]

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07 Apr 23

US Treasury warns DeFi poses a threat to national security

The U.S. Department of Treasury issued a stark warning, stating that the rise of decentralized cryptocurrency markets poses a significant threat to national security, with concerns ranging from illicit activities to financial stability risks. The U.S. Department of Treasury (DoT) recently released a statement expressing concern over the impact of decentralized cryptocurrency markets on national […]

06 Apr 23

Dexfreight has technology to bring real-world assets to Rootstock DeFi

dexFreight, a blockchain-based logistics platform, partnered with Rootstock, a Bitcoin layer-2 sidechain, to leverage the power of smart contracts, offering efficient logistics services. The platform was recently granted a United States Patent and Trademark Office (USPTO) patent for its supply chain design. Logistics with NFT collateralization dexFreight aims to revolutionize the logistics industry by creating […]

Binance enables greater flexibility for WBETH DeFi users

Coinbase ramps up UK DeFi plans amid US regulatory concerns

SEC intensifies scrutiny on DeFi, sparking concerns over innovation and competition

DeFi lending protocol, Hundred Finance, hacked for $7.4m

Uniswap unveils mobile wallet app to boost DeFi adoption

Hacked DeFi platform, Euler Finance releases funds redemption details

Terra Classic’s DeFi project Terraport suffers exploit shortly after launch

Cardano’s DeFi landscape advances with launch of its first oracle integrator

US Treasury warns DeFi poses a threat to national security

Dexfreight has technology to bring real-world assets to Rootstock DeFi

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