Friday, April 19, 2024

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DeFi News

Crypto crime on DeFi platforms and has caused over €9 billion in losses

Fraud and theft at decentralised finance platforms has totalled $10.5 billion (€9.3 billion) so far this year, newly-published research showed on Thursday, laying bare...

DeFi Lender bZx lost $55 Million In Hack

bZx is a DeFi lending protocol.It's investigating an exploit of a private key linked to its Binance Smart Chain and Polygon deployments. Stop us if...

Defi and Algorithmic Stablecoin Interest Grows in 2021

On Wednesday, October 13, 2021, the market capitalization of all the stablecoins in existence is around $134 billion, which is 5.60% of the entire...

Rari Capital Has Driven to $1B TVL on DeFi aggregation platform

The billion-dollar TVL has been driven by massive yields on the DeFi aggregation platform in just two weeks. The total value locked on the decentralized...

Jaime Rogozinski, The Founder of Wallstreetbets Debate Defi, NFTs, and Crypto Regulation

In 2021, the subreddit forum r/wallstreetbets, also known as Wallstreetbets (WSB) became an extremely popular forum after the members played a major role in...

DeFi Protocol Loses $12 Million In Recent Hack

One of the threats that the crypto community face is the attack of cybercriminals. Many exchanges, projects, and apps often face one vulnerability exploitation...

Solana-Powered Defi Platform Orca Raises $18 Million — AMM Commands Over $300 Million TVL

The decentralized exchange (dex) platform Orca has announced the platform has raised $18 million in a Series A financing round with Polychain, Placeholder, and...

How the SEC’s reported Uniswap Labs investigation could signal a new era of enforcement

The U.S. securities watchdog is reportedly investigating the development firm behind the biggest decentralized cryptocurrency exchange (DEX).  The Wall Street Journal first reported on Friday that the...

MetaMask monthly active users cross the 10 million mark, 19x more, while Defi continues to rise

The demand for non-industrial wallets continues to develop amid the increase in DeFi and NFTs. MetaMask is a kind of whose monthly active users...

Kraken Supports Ethereum 2.0 Clients Team Alongside Five DeFi Projects With A $250K Donation Each

Kraken and five other DeFi projects contribute $250,000 each to support the teams that work on the Ethereum upgrade. In addition, they donated the...

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