Wednesday, April 24, 2024

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DeFi News

SmarDex (SDEX) Explores Innovations in DeFi With Multi-Chain Expansion

SmarDex, a decentralized finance (DeFi) platform and exchange, has been expanding its development efforts across multiple blockchains as well as making changes to its...

DeFi Steadfast Despite Curve Finance Cyber Attack

Decentralized finance (DeFi) continues to see growth and resilience despite recent cyber attacks. The recent $73 million hack of Curve Finance, a leading decentralized exchange,...

DeFi Investors Duped Again – $6.4M Disappears in Latest Rug Pull

The DeFi lending protocol Magnate Finance on the Base layer-2 network conducted a rug pull, stealing $6.4 million from users. This incident marks the...

The Great Ethereum Divide: Staking Soars as DeFi Declines

Ethereum (ETH) staking has been flourishing through protocols like Lido and other services even as the value of DeFi assets continues to decline. What is...

Binance Bets on Pendle Finance’s Fixed Yield DeFi Product

Binance's investment division has funded decentralized finance (DeFi) yield protocol Pendle Finance. The capital will help Pendle expand across blockchain networks and provide easier...

Overcoming Barriers to Cryptocurrency Adoption for Merchants: Insights from CoinsPaid’s CMO

Although Burger King in Paris and Ralph Lauren have recently integrated crypto payments and NFT gifts, merchant adoption of cryptocurrencies is still low. Despite...

JunoSwap, Solidly and VVS Finance Refresh DeFi

DeFi is undergoing a revival and this time, it’s happening on Ethereum network competitors. Decentralized finance (DeFi) was the talk of the town in early...

TVL in Defi Jumps Back Above $200 Billion — Cypherium, Counterparty, Terra Rise

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the...

Somthing To Do in a Crypto Bear Market

The cryptocurrency market experiences wild swings and extreme volatility at unexpected times. This extreme volatility keeps many new investors and risk-averse investors away from this market....

DeFi Weakness Conduces to Lost USD 325M in a Hack

The DeFi bridge between Solana (SOL) and other blockchains Wormhole lost wETH 120,000 (USD 325m) in a hack, once again stressing the weaknesses of this nascent sector. The...

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