Acala trace report shows that hackers minted 3 billion aUSD tokens
Hackers exploited a misconfiguration in the newly launched iBTC/aUSD liquidity pool. Acala network joins the…
Meet Dogechain; the Layer 2 platform for DeFi, NFTs, dApps, and much more
The Layer-2 Dogechain allows users to launch new projects in DeFi, dApps, NFTs, and much…
Ripple Labs executive says the DeFi sector needs a killer app to reach mainstream adoption
Alergant made this statement as one of the panelists at the blockchain futurist conference. The…
Here’s the story of how a developer faked an entire DeFi Ecosystem
Here’s a look into how a Solana-based DeFi app inflated the total value locked through…
Tether’s circulating supply expands after nearly three months of reductions, rally on the horizon?
The renewed expansion hints at a slight crypto market recovery. Residents in nations with high…
DeFi.org Reveals Participants Chosen For Its Orbs And Polygon-Led DeFi Accelerator Program
Following more than two months of intensive scrutiny and evaluation, DeFi.org, in collaboration with layer-2…
DeFi market struggles in Q2 but users still resilient – Report
One notable observation is that there was a spike in DeFi activity in Q2, and…
U.K government seeks investors’ guidance for DeFi tax rules, BoE calls for tougher regulation
British authorities seek to reduce the complexities involved with the taxation framework involved for DeFi…
Axie Infinity to reimburse Ronin bridge victims and reopen the bridge
Axie Infinity plans to reopen the bridge next Tuesday. Each user will be eligible for…
DeFi: A Beacon Of Hope For Millions Of Unbanked Across The World
Decentralized finance refers to a financial system that merges the services provided by traditional banks…
Another disaster waiting to happen? Babel finance suspends crypto withdrawals
Hong Kong-based Babel finance is suffering from the current crypto bear market. The number of…
Securities regulators from five states probing into Celsius suspension of withdrawals
According to Alabama Securities Commission Director Joseph Borg, securities regulators in Alabama, Texas, New Jersey,…
Michael Saylor believes Bitcoin and Lightning Network can solve DeFi’s problems
Micahel Saylor believes that Bitcoin’s sound, ethical, economic & technical foundation can solve many issues…
Coinbase adds BNB chain and Avalanche to its list of supported networks for its wallet
Coinbase wallet enables users to store or swap digital assets more than those listed on…
Pharrell Williams shares his insights about Web3, says it is scaring the traditional system
Famous American music rapper and producer, Pharrell Williams, was among the speakers at the VeeCon…
German BaFin official calls for uniform Defi regulation across the EU
Birgit Rodolphe, executive director at Germany’s Federal Financial Supervisory Authority (BaFin), has said that regulators…
Analyst discloses 5 ways to make money in this harsh crypto market condition
According to Davis, the Defi space is full of opportunities that can be taken advantage…
“Crypto is dead,” Yearn Finance’s Cronje says amidst talk of indefinite departure
Yearn Finance founder Andre Cronje stepped down from his posts at Yearn Finance and Fantom…
Crypto investment products trail behind in Q1 but market demonstrates extended recovery
Products tracking crypto assets have registered lower inflows in Q1, 2022, in comparison to the…
91% of Americans have heard of crypto, but DeFi, Web3 still unknown
91 percent of Americans have heard of crypto, a new report has found, indicating that…
DeFi on Bitcoin and Other Networks: A Growing Threat to Ethereum’s DeFi Dominance?
The world of decentralized finance (DeFi) is developing rapidly, and its future potential is undeniably…
Investing in Ethereum carries greater risk than Bitcoin and other altcoins: Morgan Stanley
Ethereum could soon see the end of its dominance due to heightened competition from other…
Anti-Bitcoin US Senators propose bill to investigate and mitigate risks allegedly posed by El Salvador’s Bitcoin law
Three US Senators have proposed a bill looking into El Salvador Bitcoin law, its alleged…
Optimism fixes bug allowing infinite ETH creation, whitehat hacker awarded $2M
Ethereum layer-2 scaling solution Optimism has detected and fixed a critical bug that would have…
DeFi Trading Guide 101: 4 Steps To Get Started
The decentralized finance industry continues to attract mainstream attention. Decentralized protocols help users put their…
Polygon secures $450M funding to pursue scalability and Web 3.0 aspirations, MATIC jumps 10%
Polygon has fetched $450M in a recent funding round led by venture capitalist Sequoia Capital…
Italian restaurant is decentralizing using the Shiba Inu ecosystem, here are the details
An Italian fast-food restaurant is incorporating the Shiba Inu brand and other ecosystem functions into…
Cardano further expands its DeFi ecosystem with the launch of ADAX DEX
ADAX, one of the first DEX’s on Cardano, recently went live on the network. The…
Crypto market recovers as BTC hits $38,000 and Ether gains 8.5%, but are the gains sustainable?
Bitcoin has gained 4.4 percent in the past day, Ether is up 8.5 percent and…
Qubit Finance exploited, loses $80M in one of the biggest DeFi hacks
Qubit Finance was attacked on Friday morning, with the attackers draining the platform of 216,000…
How To Survive A Crypto Bear Market While Hodling
Fact: bear markets are inevitable. Another fact: many investors sacrifice significant sums due to panic…
Ethereum developers replace Ethereum 2.0 brand name with “Consensus Layer,” here’s why
Ethereum is moving away from the “Ethereum 2.0” terminology to the “consensus layer.” No changes…
Solana suffers second network outage this year amidst brutal crypto market correction
For about 30 hours on Jan. 21-22, Solana suffered network instability and outage due to…
The Risks Of Crypto Wallets: What You Need To Know
Crypto wallets are designed to keep a user’s private keys – which give them access…
Terra establishes the Luna Foundation Guard (LFG) for its ecosystem growth
Terra has established a non-profit known as the LUNA Foundation Guard (LFG) to maintain stablecoin…
Ethereum’s EIP-1559 deflationary upgrade is now live on Polygon mainnet
Polygon has now taken the Ethereum EIP-1559 upgrade live on its mainnet on block 23850000.…
Cardano surpasses Ethereum in transaction volume, ADA shoots up 13% – here’s why
Cardano (ADA) has surged 13 percent in the day and surpassed Ethereum in terms of…
A new lawsuit is putting the principles of DeFi to the test and could define the future for the nascent sector
A new lawsuit has been filed against Pool Together, a cryptocurrency savings company that gamifies…
Terra wants to spread to Ethereum, Polygon and Solana with a $139m DeFi fund
Terra has proposed injecting $139 million into Ethereum, Polygon and Solana “to bring awesome UST…
Vitalik Buterin proposes “Multi-Dimensional EIP-1559” to solve sub-optimal gas fees on Ethereum
Vitalik Buterin, co-founder and lead developer at Ethereum, has proposed what he calls the “multi-dimensional…
Polygon explains recent fix to critical bug that would have cost the network over $24B
Recently, Polygon covertly fixed a smart contract loophole that would have led to the potential…
Google searches for ‘NFTs’ surpass those of ‘crypto’ as the digital collectible industry gains strong footing
Google trends have shown that global searchers for ‘NFTs’ have exceeded those for ‘crypto’ in…
The ETC Cooperative takes over funding for Ethereum Classic’s main client Core-Geth
The ETC Cooperative will henceforth fund growth and development of Ethereum Classic’s main node –…
What are Derivatives? Beginners Guide, Including DeFi Trends
Derivatives are by far the most popular financial instrument in the world. The total value…
Uniswap V3 Contracts go live on Polygon, MATIC creeps towards a new all-time high
goEthereum’s flagship project, Uniswap, now has its V3 contracts live on the layer-two scaling solution…
What awaits the crypto industry in 2022? Analysts share their opinion
Some analysts think crypto will see a huge plunge in prices next year, but others…
Cryptocurrency is “a very dangerous thing” says former U.S president Donald Trump
Former POTUS Donald Trump has once again expressed his skepticism over cryptocurrency predicting that their…
Crypto exchange BitMEX unveils native BMEX token, plans airdrop for new and existing users
BitMEX crypto exchange is launching its native token dubbed BMEX, with airdrops scheduled for both…
$30B invested in cryptocurrency by venture capitalists in 2021, the highest since the industry begun
Over $30 billion has been placed in cryptocurrency and other blockchain projects by venture capitalists…
The TVL Game: DeFi Protocols Are Fighting Over Network-level Integrations
Partnerships in the blockchain arena are critically important to the success of the entire industry.…
Terra (LUNA) shoots to new all-time high as BTC, ETH, BNB lose more ground
Terra (LUNA) has defied the overall market dip and has hit a new all-time high…
DappRadar annual report shows that 2021 has been a record-breaking year for the blockchain industry
The Dapp report suggests that 2022 shall be ‘The Year of the Metaverse’ citing the…
Polygon introduces Ethereum’s deflationary EIP-1559 upgrade– here are the details
Polygon has implemented Ethereum’s EIP-1559 upgrade to its Mumbai testnet following community demand. Just like…
Exploring Crypto Yield Farming With Delta Exchange: What’s The Hype About?
When you deposit your money in the bank, you are technically lending money to the…
UAE investment firm Mubadala takes interest in crypto, CEO says state company investing in ecosystem
Mubadala Investment Company CEO Khaldoon al-Mubarak has expressed a crypto-friendly tone, calling the technology “real.”…
AscendEX loses top $70M following hot wallet vulnerability
Crypto exchange AscendEX is the latest victim of a hot wallet cyberattack that led to…
Polygon and Wanchain partner to advance blockchain interoperability within the Ethereum ecosystem
Wanchain is bringing its decentralized cross-chain solution to Polygon as part of a comprehensive industry-wide…
Is Ethereum on its way to $20K? Here’s why this could happen in 2022
Popular crypto influencer Lark Davis has highlighted some of the reasons why Ethereum could be…
Terra’s recent developments set LUNA on bullish path amid wider crypto market turmoil
LUNA, Terra’s native cryptocurrency, is adding gains and recording multiple new all-time highs, despite broader…
The “bribery mechanism” that has led Curve to outperform all DeFi rivals
Curve has outperformed all other major DeFi tokens by a mile including Uniswap and Compound,…
Badger DAO exploited for nearly $100M, BADGER down by 18%
Badger DAO has reportedly been victim to a front-end hack that left it about $100…
Algorand secures $500M funding from Borderless Capital to support “next gen” DeFi and NFT projects
Algorand has acquired half a billion dollars from VC Borderless Capital to power the “next…
ADA Finance crowned “Best DeFi Project of the Year” and pulls investment from Bitcoin Jesus
ADA Finance has broken past the stiff competition and won the prize of the “Best…
LUNA hits new all-time high after Terra community approves 88.7M token burn
The Terra has affirmed the burn of 88.7 million LUNA tokens, one of the largest…
Twitter rolls out dedicated crypto division to explore blockchain, cryptocurrencies, and dApps
Twitter has established a new team (Twitter Crypto) whose focus will be blockchain, cryptocurrencies, and…
Institutional DeFi will go big in 2022 fueled by banks and NFTs: Chainlink’s Sergey Nazarov
2022 is about to see massive growth in institutional DeFi backed by banks and the…
Investor backing, NFT, and DeFi Boom help push Solana (SOL) to new ATH
Solana saw the third-highest institutional investor inflows last week and surpassed Ethereum in month-to-date inflows.…
Avalanche Foundation unveils $200 million fund for ecosystem development
The $200 Million Blizzard fund will focus on key growth areas of DeFi, NFTs, and…
Mars ecosystem: Is stablecoins the reinvention of money?
Ruling the headlines on the BSC network is now a norm for the Mars Ecosystem.…
DeFi industry now boasts of $200B in total value locked (TVL), Ethereum’s dominance declines
The DeFi sector has now hit $200 billion total value locked (TVL), doubling the amount…
Kraken report points to Bitcoin (BTC) hitting $100K based on historic data
Bitcoin may rise near $100K based on the Q4 average and median returns from the…
Panther partners with NEAR Protocol to develop its privacy tech
Panther, a privacy-enhancing protocol, has partnered with NEAR protocol, a fast and scalable blockchain, to…
DeFi whales turn Central, Northern and Western Europe into the global crypto economy hub in a year
DeFi whales in major European countries turn the region into the world’s largest cryptocurrency economy.…
Robinhood Crypto to keep up with customer demand with Defi and NFT features
According to Robinhood Crypto COO and CTO, customers will soon be able to access Defi…
Binance exchange stops cryptocurrency derivatives offerings in Australia
World-leading cryptocurrency exchange Binance is closing derivatives offerings in Australia. Binance said it wants to…
Not-for-profit financial platform hi to launch ‘earning on crypto assets’ feature offering up to 40% APY
Community-powered, not-for-profit financial services platform hi is all set to launch its brand new Earnings…
Battle for most active DApp developers heats up between Cardano and Ethereum ahead of upgrade
Cardano has surpassed Ethereum in terms of the number of GitHub commits per month. Ethereum…
Brian Armstrong disgruntled after the SEC comes after Coinbase on yield farming
Coinbase co-founder and CEO Brian Armstrong is displeased by the SEC disproving their yield farming…
The SEC is investigating the King of DeFi, Uniswap
The U.S SEC is investigating Uniswap Labs, the developers behind the largest decentralized finance platform.…
Wanchain integrates with Moonbeam to support cross-chain DeFi
Wanchain decentralized blockchain interoperability solution and Moonbeam Ethereum-compatible smart contract platform have been integrated. The…
Solana, Polkadot, and Polygon lead growth of the DeFi ecosystem taking market share from Ethereum
Solana, Polkadot, and Polygon have reached the “escape velocity” of the DeFi industry. The three…
DeFi Lending platform CREAM Finance hit with $25 million flash loan attack
The attack happened through reentrancy on the AMP token contract and exploiting the AMP tokens…
SEC enters 1-year contact with blockchain analytics firm to monitor DeFi
The SEC is working with AnChain blockchain analytics firm to scrutinize the DeFi industry by…
Total value locked (TVL) in DeFi hits record high, Ethereum competitors gaining momentum
The DeFi market has made a swift recovery, going as far as breaking its ATH…
BENQI DeFi platform hits $1 Billion in total value locked just days after launch
BENQI, the first DeFi lending platform on Avalanche, has reached over $1 billion in total…
DeFi platforms are not immune to regulatory oversight: SEC Chair
SEC Chair Gary Gensler said in a Wednesday interview that peer-to-peer DeFi projects are not…
T-Mobile investigating a data breach affecting over 100 million customers with hackers asking for ransom in the form of BTC
T-Mobile telecom company is looking into an alleged data breach that has compromised over 100…
Update: Poly Network hacker returns $260M of the stolen funds, defines the network as “decent” and “sophisticated.”
Poly Network famed hacker has returned, in small amounts, $260M of the over $600M assets…
Poly Network loses over $600M in crypto in what is now the biggest DeFi hack
DeFi site Poly Network was hacked on Tuesday and drained of about $600 million in…
SEC makes the first DeFi settlement against Blockchain Credit Partners
Blockchain Credit Partners’ top executives have agreed to settle with the SEC after being charged…
Cronos integrates with Chainlink price feeds to provide data to DeFi apps
Crypto.com’s Cronos is integrating with Chainlink Price Feeds to provide developers with reliable financial market…
Real-world assets aren’t correlated to cryptocurrency but very beneficial to DeFi
The cryptocurrency markets often show a strong correlation to other financial markets. Whether it is…
Uniswap restricts access to tokens in the midst of “evolving regulatory landscape”
Uniswap Labs delists a number of tokens from the Uniswap trading platform as the regulatory…
Wyre announces partnership with Polygon to bring USDC token to millions
The payments solution provider continues to bridge the gap between fiat and crypto by bringing…
Vitalik Buterin implores Ethereum community to innovate beyond DeFi
Ethereum co-founder and lead developer Vitalik Buterin is championing developments beyond DeFi. Buterin warns of…
Grayscale launches a new DeFi fund dominated by Uniswap
Grayscale launches 15th investment product – a DeFi Fund utilizing CoinDesk’s DeFi Indexes. The product…
BlockFi CEO responds to order to cease operations by New Jersey Bureau of Securities
The New Jersey Bureau of Securities seeks to stop BlockFi Interest Account (BIA), in New…
Messari Q2 review shows how Binance Smart Chain has failed against Ethereum in the DeFi space
Binance Smart Chain slumps in Q2 amid DeFi crash and regulatory scrutiny. Ethereum solidifies its…
Harmony blockchain enters a full-stack partnership with Terra to boost mass adoption
The partnership will facilitate the use of Terra’s UST stablecoin across a range of DApps…
Mark Cuban’s enthusiasm in DeFi curbed after suspected rug pull hit
Mark Cuban has experienced a rug pull first hand, will this curb his enthusiasm for…