DeFi
Decentralized finance (DeFi) is a Blockchain based product by which financial products become available on a public decentralized blockchain network. DeFi is a system by which software written on blockchains makes it possible for buyers, sellers, lenders, and borrowers to interact peer to peer or with a strictly software-based middleman rather than a company or institution facilitating a transaction.
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Introducing Dollet: A Multi-Chain Crypto Wallet with DeFi Strategies
Dollet, a multi-chain crypto wallet with additional DeFi functionality, is making its entrance into the cryptocurrency landscape while focusing on…
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Friend.tech Surpasses Crypto Titans, Garnering $1 Million in 24 Hours
A recently launched decentralized social network known as Friend.tech achieved remarkable success on August 19th by generating over $1 million…
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Shibarium Launch Nightmare: Over $1.8 Million Trapped in Pending Transactions
Just one day after its launch, Shibarium has encountered significant problems, resulting in the trapping of around $1.8 million in…
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Curve Finance Recovers 79% of Funds, Commits to Reimburse Users Following $62M Breach
DeFi platform Curve Finance has officially declared its intention to compensate users who suffered losses in a recent hack that…
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Binance Backs Curve Token with $5 Million Investment Amid Partial Funds Return by Hacker
Binance Labs, the part of the cryptocurrency exchange Binance that invests in new projects, has put $5 million into Curve…
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Ethical Hacker Saves the Day: Recovers $5.4M for Curve Finance Amid Exploit, Unmasks Fake Refund Scam
An ethical hacker, known as a white hat hacker, successfully acquired approximately 2,879 Ether (ETH), equivalent to $5.4 million at…
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Massive Exploitation: Over $47M Drained from Curve Finance Pools Amid Reentrancy Vulnerability
On July 30, a significant security breach occurred on several stable pools on Curve Finance that employed Vyper, leading to…
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Italian Central Bank Partners with Polygon and Fireblocks to Support DeFi Tokenization Project
The Bank of Italy’s Milano Hub innovation center is set to offer support to a project developed by Cetif Advisory,…
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Decentralized Crypto Exchanges Face Challenges as Traditional Players Enter the Market
Decentralized crypto exchanges, which operate without intermediaries like Wall Street-style middlemen, are facing challenges to improve their services amid a…
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U.S. Senators Introduce CANSEE Bill to Extend AML Regulations to DeFi Platforms
A group of four senators, representing both Democratic and Republican parties, introduced the Crypto-Asset National Security Enhancement and Enforcement (CANSEE)…
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