Latest news on Cryptocurrencies, NFT, Metaverse, Blockchains, Altcoins etc
We provide you with the latest Defi news available daily. Defi, or decentralized finance, is one of the biggest things in the blockchain and cryptocurrency.
Notional has created an absolute landmark by taking DeFi lending to the very next level with the introduction of Notional V3. This, in turn, is the most highly boosted protocol ever witnessed by DeFi. Notional V3, on its part, delivers the prime money market, which in actuality happens to…
In a recent update to the ongoing class-action lawsuit against bZx DAO members, a United States district judge ruled that the ability for developers to upgrade a smart contract where the key is in the hands of a single developer makes the arrangement custodial. The ruling, passed by United…
EOS has launched a testnet for its Ethereum Virtual Machine (EVM) feature before its April release. The EVM is integrated within an EOS smart contract to provide users and developers with high-speed transactions at low fees. The move is expected to bolster decentralized finance (DeFi) development on the EOS…
Polygon Labs has taken to Twitter to announce the launch of Polygon zkEVM as an open source, with all the components being licensed under AGPL v3. The development ensures that Polygon zkEVM is no more proprietary but rather a tool for every developer who now has access to modify…
The hacker who drained the Euler Finance protocol of nearly $200 million in crypto has now returned around $138 million. On-chain data shows that the Euler Finance hacker returned another $37.1 million in crypto to the Euler Finance protocol on March 27th. The funds were sent in three transactions.…
Venture capital (VC) investment in cryptocurrency startups based in Europe reached a record high of $5.7 billion in 2022, despite the ongoing bear market and the collapse of prominent industry players like FTX, as shown in a new study released by European investment firm RockawayX. According to the study,…
The Rook DAO community has proposed a dissolution of the DAO, citing network stagnation, poor management, and DAO exclusion. Rook DAO to dissolve The ROOK protocol has recently suffered severe criticism, especially from the DAO. On March 22, Wismerhill proposed the network dissolve the DAO and allow token holders…
Coinbase, a leading cryptocurrency exchange, has outlined four critical innovations that should be built on its newly launched layer-2 network, Base. The exchange believes that the implementation of these innovations will help to strengthen the network and enhance user experience. The network is powered by the layer-2 network Optimism…
It has only been a couple of days since ARB’s launch, and Premia Finance has elevated the token already. The platform is bringing the world’s first ARB options to Arbitrum already. Now users can exclusively access the ARB/DAI options on Arbitrum. Users can also bridge to the network by…
Euler Finance hacker returns part of the stolen funds to protocol. The hacker behind the theft of nearly $200 million worth of crypto from the Euler Finance protocol has returned around half of the stolen funds. On March 25th, on-chain data revealed the hacker had returned around 58,000 Ether…
It happened to be a little before two weeks ago when the lending protocol, Euler Finance, went through an enormous amount of loss pertaining to its assets. This happened to have been the handiwork of a hacker. However, recently he has sent back the amount of 51,000 ETH, which…
In a dramatic turn of events, the hacker behind the $196 million exploit on the lending protocol Euler Finance has returned the majority of the stolen assets. According to on-chain data, on March 25th, the exploiter returned 51,000 ETH and 7,737 ETH worth over $101 million at the time…
The world of blockchain and cryptocurrency is constantly evolving. As a rapidly changing market, investors should keep up with the latest trends. Recently, interest in alternative investments triggered by the global banking crisis, such as Silvergate and Silicon Valley Bank (SVB), has been focused on the cryptocurrency market. Interestingly,…
After four years in development, the Ethereum layer 2 scaling network, zkSync Era, has opened to users in alpha, enabling faster and cheaper transactions. Between 32 to 50 projects, including some of the biggest names in decentralized finance such as Uniswap, Sushi, Maker, and Curve, are set to go…
DWF Labs has organized a private investment round that resulted in the acquisition of $10 million for the asset-oriented innovative contract platform Radix Tokens. This investment offers Radix a value of $400 million and will help the platform’s efforts to expand its high throughput DeFi ecosystem. The investment will…
The US Commodity Futures Trading Commission (CFTC) held their first Technology Advisory Committee meeting in Washington D.C. on March 22. As part of the scheduled meeting, members from the crypto space gave presentations to the CFTC, providing a DeFi crash course on key issues impacting the space. CFTC commissioner…
Centralized finance (CeFi) will continue to be an important avenue to drive the adoption of decentralized finance (DeFi) services in the future, but regulatory considerations remain a significant part of the process. This was a key theme that emerged during a panel titled ‘How to Do CeFi Right –…
Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against the organization…
A whale unstaked 4.08 million SUSHI, the native token of the decentralized exchange SushiSwap, according to a tweet published by Lookonchain, which has seen the price of the token tumble according to CoinMarketCap data. As stated in the tweet, this whale had already been given 3.78 million SUSHI the…
Steadefi takes the opportunity of coming out with its official announcement of linking up with the Chainlink BUILD program. Through this, they will be in the position of being able to better connect with the absolute new-age Chainlink Web3 services. Chainlink happens to be a measuring tool in the…
On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance (defi) and centralized finance (cefi). Bitget Invests $30 Million in Bitkeep; Wallet Firm…
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2%…
DeFi, a wing of finance powered by blockchain technology, is responsible for users earning high yields. The past few years have been instrumental in its rise as investors made huge returns, often higher than what traditional finance offers. That said, earning yields in DeFi also have inherent risks that…
Reportedly, the community of Aave has come out supporting the deployment of V3 on Metis. Aave is a DeFi lending protocol that recently registered a TVL of $8.5 billion, and Metis is a layer 2 network on Ethereum. Reports further claim that Metis will roll out $3 million in…
On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly speculative investment vehicles” that are “unbacked” and “traded without fundamental anchors.” The White House insists that crypto assets…
Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7 billion in crypto assets have been stolen since 2011. Last year, Crystal’s intelligence team documented 199 incidents…
The decentralized finance (DeFi) industry has seen remarkable growth in recent years, with more than $160 billion in total value locked in various protocols and applications as of March 2023. However, this rapid growth also brings increased risks, such as smart contract bugs, hacks, and market volatility. To mitigate…
According to a Mar. 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9 million of such claims have been paid out since OpenCover began tracking the data. Notable payouts include $22.5 million during the…
There was an overarching atmosphere of misappropriation as well as general unease among DeFi Llama team members. But, at present, all the issues appear to have been peacefully resolved, and everything seems to be well and back on track. All of this information was effectively communicated through a tweet…
The DefiLlama team has resolved internal arguments that threatened a “forking” of the platform. Internal conflict erupted in the popular decentralized finance analytics platform when some DefiLlama’s employees rejected the alleged plans to launch a new token called LLAMA. One of DefiLlama’s employees, dubbed 0xngmi, took to Twitter on…
English
Afrikaans
Albanian
Amharic
Arabic
Armenian
Azerbaijani
Basque
Belarusian
Bengali
Bosnian
Bulgarian
Catalan
Cebuano
Chichewa
Chinese (Simplified)
Chinese (Traditional)
Corsican
Croatian
Czech
Danish
Dutch
English
Esperanto
Estonian
Filipino
Finnish
French
Frisian
Galician
Georgian
German
Greek
Gujarati
Haitian Creole
Hausa
Hawaiian
Hebrew
Hindi
Hmong
Hungarian
Icelandic
Igbo
Indonesian
Irish
Italian
Japanese
Javanese
Kannada
Kazakh
Khmer
Korean
Kurdish (Kurmanji)
Kyrgyz
Lao
Latin
Latvian
Lithuanian
Luxembourgish
Macedonian
Malagasy
Malay
Malayalam
Maltese
Maori
Marathi
Mongolian
Myanmar (Burmese)
Nepali
Norwegian
Pashto
Persian
Polish
Portuguese
Punjabi
Romanian
Russian
Samoan
Scottish Gaelic
Serbian
Sesotho
Shona
Sindhi
Sinhala
Slovak
Slovenian
Somali
Spanish
Sudanese
Swahili
Swedish
Tajik
Tamil
Telugu
Thai
Turkish
Ukrainian
Urdu
Uzbek
Vietnamese
Welsh
Xhosa
Yiddish
Yoruba
Zulu
