Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The global decentralized finance (DeFi) total value locked (TVL) has dropped to a 5-week low. The downward movement started amid the fall of the total cryptocurrency market capitalization from...
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...
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 post following...
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 sector, with...
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 teams. The...
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...
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...
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,...
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...
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...