DeFi News
Welcome to our DeFi News category. DeFi, or Decentralized Finance, is an integral part of the current cryptocurrency ecosystem and it is changing the way we think about finance. Our team of dedicated writers and journalists is working to cover the most interesting and relevant Crypto News, analyses and insights about the DeFi ecosytem. Whether you’re well-versed in DeFi, or starting your journey in this revolutionary world, you can rely on our DeFi News.
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Eigenlayer Surges Past Aave in TVL, Sparking Debate on Liquid Staking’s Role in DeFi Metrics
In a remarkable turn of events, EigenLayer, a restaking protocol, has outpaced the popular decentralized finance (DeFi) protocol Aave in…
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Analysts Warn that Ethereum Spot ETFs Could Create a Staking Concentration
The impending decision by the Securities and Exchange Commission (SEC) on the approval of Spot Ethereum Exchange-Traded Funds (ETFs) in…
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Uniswap’s UNI Token Surges Amid V4 Upgrade Buzz
In a notable development within the decentralized finance (DeFi) sector, Uniswap, a leading decentralized exchange (DEX), is on the brink…
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Portal Raises $34 Million to Revolutionize Bitcoin Cross-Chain Swaps
In a significant move towards advancing the Bitcoin ecosystem, Portal, a pioneering financial technology firm, has successfully raised $34 million…
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Jupiter’s Trading Volume Eclipse Uniswap
In a surprising turn within the decentralized finance (DeFi) sector, Jupiter, a trading aggregator on the Solana blockchain, has recently…
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Rayn, Formerly Akt.io: Ushering in a Bold New Financial Era
Rayn is making a splash in the FinTech scene, breathing new life into personal financial management. Previously known as Akt.io,…
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Unibot Falls Victim to Token Exploit: A Swift Response Ensures User Security
In an unfortunate turn of events, Unibot, a widely used Telegram trading bot, has encountered a severe security breach known…
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Neo Unveils EVM-Compatible Sidechain for DeFi Enhancement
Neo, a major force in open-source blockchain, has unveiled a groundbreaking EVM-compatible sidechain, a strategic move aiming to redefine decentralized…
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dYdX Trading Announces Code Release for Forthcoming Version 4
dYdX Trading, a leader in decentralized derivatives trading, has open-sourced the code for its highly anticipated version 4, built on…
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Uniswap Introduces Android Mobile Wallet in a Beta Release
Uniswap, the global leader in decentralized cryptocurrency exchange, recently announced the beta launch of its mobile wallet app for Android.…
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Court Approves FTX’s $3.4B Crypto Assets Liquidation
. FTX Gets Go-ahead to Liquidate Cryptocurrency Holdings The court ruling on FTX’s application came about as a result of…
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Coinbase Launches Institutional Crypto Lending Service
Shoring up the Crypto Lending Market The crypto lending sector witnessed the bankruptcy of several major companies such as BlockFi,…
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Coinbase & Circle Reshape USDC Amid Expansion to Six New Blockchains
A New Chapter in Governance For years, the Centre Consortium provided oversight for USDC. However, Coinbase and Circle have decided…
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DeFi Disturbed: CRV Hacking Shakes Market, Drives Token Sell-Off
CRV Hack Incites Market Panic In the aftermath of the hacking incident, CRV prices plummeted, hitting a low of $0.48…
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Aave’s GHO Stablecoin: A New Frontier in Decentralized Finance
Aave’s GHO Stablecoin: Stability Meets Innovation The GHO stablecoin is Aave’s latest product, delivering stability through a basket of cryptocurrencies…
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May Debut for Hong Kong Crypto Guidelines
New Crypto License Guidelines on the Horizon The SFC, led by CEO Julia Leung, announced that the anticipated guidelines will…
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Uniswap Surpasses $1.5 Trillion Trading Volume Milestone
Uniswap’s Steady Growth and Market Impact Uniswap’s (UNI) achievement of $1.5 trillion in cumulative trading volume signifies a $500 billion…
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PancakeSwap V3 Released on BNB Chain and Ethereum
Capital Efficiency at Its Finest One of the critical improvements in PancakeSwap V3 is its enhanced capital efficiency. Unlike the…
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Ledger Introduces Browser Extension to Bolster Crypto Wallet Experience
Leading cold storage crypto wallet provider, Ledger, has announced the launch of a browser extension designed to enhance online security…
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Snoop Dogg Launches Web3 Livestreaming Platform Shiller
Shiller, a new Web3 platform, is set to launch in April of 2023 and promises to be one of the…
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Uniswap’s New Mobile Wallet: Trade Anytime, Anywhere!
Uniswap, the prominent decentralized finance (DeFi) protocol, has recently launched its mobile wallet for early access, offering traders the ability…
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Lido Finance Sees Massive Staked ETH Inflows Ahead of Shanghai Upgrade
Ethereum investors are gearing up for the upcoming Shanghai upgrade, with staked ETH inflows hitting a new high last week.…
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Uniswap community approves deployment on the BNB Chain
Uniswap, ranked 6th in terms of Total Value Locked among the decentralized exchanges (DEXs) according to DefiLlama, is already working…
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Hong Kong lawmakers consider turning the e-HKD into a stablecoin
Wu Jiezhuang, co-founder of G-Rocket, a startup accelerator planning to help 1,000 Web3 startups in the next three years, expressed…
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Ankr protocol gets hacked for $5 million in BNB-related tokens
BNB chain-based DeFi protocol Ankr was during the night victim of an exploit. According to on-chain data, the hacker managed…
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NFTs are live on Uniswap
The famous DEX, which went live in 2018 on the Ethereum blockchain, has come a long way, through the development…
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$8 billion flowed out of exchanges in the last 7 days
Ever since the FTX debacle started, large quantities of BTC, ETH and stablecoins have been withdrawn from exchanges. The recent…
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The SEC wins its case against decentralized content distribution network LBRY
The U.S. District Court of the Disctrict of New Hampshire ruled that LBC, the token of decentralized publishing platform LBRY,…
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