40 / 51 Relevant items tagged with #DEFI

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Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack

[Jun 12, 2023 2:30 PM] Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum…

21Shares Introduces Exchange-Traded Product for Liquid Staking Platform Lido DAO

[Jun 12, 2023 9:06 AM] While the product offers investors single-asset exposure to the liquid staking leader, the Switzerland-based firm classified this product as class 7 risk, the highest level.

Smart Contract Tokens and Defi Sector Suffer Steep Losses, Threatening TVL to Fall Below $40 Billion

[Jun 10, 2023 10:00 AM] The overall value of the crypto economy has dropped by more than 5% against the US dollar in the past 24 hours, with the top smart contract token sector losing more than 8% in the same time frame. The downturn has also affected the decentralized…

Defiant by Default: Why Regulators Must Understand, Not Police, DeFi

[Jun 9, 2023 7:23 AM] Consensus 2023 visitors discussed DeFi's growth, its need to comply with regulations, and the challenges of balancing crypto-native concepts with traditional finance requirements.

Cardano Developer Rejects SEC Claim Its ADA Token Is a Security

[Jun 9, 2023 2:51 AM] “Under no circumstances is ADA a security under U.S. securities laws,” IOG said.

Vitalik Buterin’s Shiba Inu Donations to Power New Round of India Covid Relief Funds

[Jun 9, 2023 12:51 AM] Buterin said the new donation would work toward reducing the long-term impact of coronavirus.

Paradigm slams SEC’s ‘incoherent’ attempt to police decentralized exchanges

[Jun 8, 2023 11:02 PM] DEXes are not securities exchanges argues crypto venture firm Paradigm.

Stablecoin Market Cap Decreases, But Whales Remain Unfazed: Santiment

[Jun 8, 2023 1:00 PM] According to data from leading crypto analytics firm Santiment, a distinct trend has unfolded in the stablecoin sphere. Even as stablecoins designed to maintain parity with a reserve asset like the US dollar, continue to hold their $1 peg, the…

Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6

[Jun 8, 2023 10:34 AM] Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a…

Are DAOs Doomed to ‘Decentralization Theater’?

[Jun 8, 2023 7:44 AM] Consensus 2023 guests highlighted their concerns over 'decentralization theater' in DeFi projects, emphasizing the importance of genuine decentralization in the development of the Web3 ecosystem

Polygon Spinoff Avail Network Starts Phase 2 of Its Testnet

[Jun 8, 2023 7:00 AM] This second phase will include a more thorough testing environment to encourage validator participation.

DeFi Protocol Curve Finance Now Lets Users Mint crvUSD for Staked Ether

[Jun 8, 2023 6:05 AM] The governance proposal for the crvUSD minting was passed early on Thursday.

Cosmos-based DeFi lending protocol Nolus joins Cointelegraph Accelerator

[Jun 8, 2023 5:55 AM] Nolus’ DeFi lending protocol aims to onboard more people by solving collateralization inefficiencies.

SEC is killing innovation in the United States — 1inch co-founder

[Jun 8, 2023 4:58 AM] U.S.-based Web3 companies and cryptocurrency exchanges could be pushed offshore following enforcement actions against Coinbase and Binance.US.

DeFi Unfazed by SEC's Classification of Tokens as Securities

[Jun 8, 2023 2:20 AM] These forces will likely only drive “more financial activity to DeFi,” one trader said.

Cointelegraph Pitch Room launched, bridging promising projects to quality investors

[Jun 7, 2023 10:41 AM] Cointelegraph presents Pitch Room, where innovation meets opportunity.

Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet

[Jun 7, 2023 4:11 AM] Aave Companies proposed two key features for the decentralized stablecoin in a governance post on Tuesday.

Small business lending protocol Defactor tokenizes $100M in bonds

[Jun 6, 2023 12:30 PM] The bonds are tokenized on Polygon using the ERC-3643 token standard.

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens

[Jun 4, 2023 11:46 PM] Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.

Why Did Bitcoin’s Price Rise? BTC Hovers Over $27K as Investors Shrug Off Hot Jobs Data

[Jun 2, 2023 2:47 PM] Ether and other major cryptos spent much of the day in positive territory.

Largest Russian Bank Sberbank Opens Developer Access to in-House Defi Platform

[Jun 2, 2023 1:30 PM] Sberbank, the largest bank in the Russian Federation, announced that it opened access to its in-house decentralized finance (defi) platform to allow developers to test its capabilities. Reports indicate that Sberbank’s Comunity, the…

Crypto Investors Lost $54M to Rugpulls, Scams in May: Blockchain Security Firm De.Fi

[Jun 2, 2023 6:13 AM] May saw fewer exploits than April, suggesting better security practices among crypto users and developers.

Uniswap Community Votes Down Protocol Fees for Liquidity Providers

[Jun 2, 2023 2:15 AM] The initial snapshot poll was voted against by the community in a surprising move.

Synthetix Community Approves Plan to Nudge Positions Off Soon-to-Shut Version One of Its Perpetuals Market

[Jun 1, 2023 1:07 PM] The market, which was replaced by a new version, has been in close-only mode for months, but about $150,000 remains on the original platform.

Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform

[Jun 1, 2023 2:00 AM] The debt sale was the first of its kind for the French sustainable agriculture business.

Avalanche Bridge To Ethereum Records A 70% Drop In Value Transfer, Concern For AVAX Price?

[May 31, 2023 2:30 PM] The amount of funds flowing through the Avalanche Bridge is down 70% in the last 24 hours, DeFiLlama data on May 31 shows. 70% Drop In Activity In The Avalanche Bridge To Ethereum Over the past day, the bridge has facilitated $2,634,828 worth of…

The PulseChain Sideshow Tent Is Collapsing

[May 31, 2023 12:47 PM] Welcome to Bizarro Crypto, where actually launching a project is the worst possible plan.

Trader Joe Goes All-In On Auto-Pools: Game-Changer For DeFi Investors?

[May 31, 2023 12:29 PM] Trader Joe, a Decentralized Exchange (DEX) on the Binance Smart Chain, is making waves in the Decentralized Finance (DeFi) world with its new Auto-Pools feature. According to the DeFi researcher Tindorr, this innovative solution offers a…

Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened?

[May 30, 2023 5:30 PM] RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates.  RAY Prices Under Pressure According to CoinMarketCap data on…

Yield farming app accumulates $12M TVL 2 weeks after launch

[May 30, 2023 3:52 PM] The Origin Ether app deposits Ether into Curve, Convex, stETH, rETH, and sfrxETH.