DeFi News
Welcome to CoinEdition’s page for DeFi News! On this page, you can read and learn through news related to decentralized technologies content in the finance sector. CoinEdition ensures that our readers are up to date with topics such as wealth management, trading, investments, payments, and the companies surrounding DeFi News 24/7 and from all over the globe. DeFi News is a huge topic in the growing blockchain world and it is our responsibility at CoinEdition to compile them all for posterity’s sake. Therefore, grab your checkbook and credit cards, and let’s jump right into the world of finance in the DeFi News section here at CoinEdition.
Court Withholds Babel’s Proposal for Creditor Protection Extension
Flex Yang, the former CEO and founder of the crypto finance service provider Babel Finance proclaimed that the company’s proposal for the extension of creditor protection has been withheld by...
Researcher Unveils Scammer Behind Failed Swerve $1M Governance Attack
Igor Igamberdiev, head of research at the well-known market maker Wintermute, recently detailed how a fraudster tried to carry out a governance attack on Swerve Finance, a decentralized finance (DeFi)...
Euler DeFi Protocol Faces Loss of $177M In Major Attack
The EUL token price of Euler Finance experienced a sharp decline of 26.2% due to the assault on its lending protocol. The crypto community was alerted to the attack by...
Circle CEO Assures 100% Safety of USDC Reserves, Transfer Resumes
Computer entrepreneur and CEO of the digital currency company Circle Jeremy Allaire shared a Twitter thread in the early hours of March 13 updating the current status of the company’s...
Tender.fi White Hat Hacker Returns $1.6 Million Loot for 62.15 ETH
Decentralized finance (DeFi) protocol Tender.fi has been made whole thanks to the hacker who returned $1.6 million that were exploited from the platform earlier this week. The white hat hacker...
Silvergate Bank Remains Doubtful About its Future, Says Analyst
DeFi Surfer, the crypto and financial markets content creator, published a blog, inviting the readers’ attention to the journey of the leading crypto trading financial institution Silvergate Bank, featuring its...
Crypto Youtuber Lark Davis Ranks Top 8 DeFi Protocols and Tokens
Lark Davis, a crypto vlogger, recently shared his views on the top 8 DeFi protocols and their tokens in a tweet thread. DeFi is a sector of crypto that offers...
Thrupenny Launches Staking Functionality to Democratize Finance
In the context where staking has taken center stage, Thrupenny, a decentralized financial ecosystem announced the launch of its staking functionality. The addition of this new feature will facilitate the...
Crypto Analyst Shares List of Top 10 DeFi Coins By Market Cap
The CEO of Generation Crypto Media Channel who goes by the name of Ben GCrypto took to Twitter yesterday to share the top 10 Decentralized Finance (DeFi) coins by market...
Nomura’s Laser Digital Ventures in Infinity DeFi Lending Protocol
The digital asset division of Nomura Holdings, Inc., known as Laser Digital, has invested in Infinity, a decentralized finance protocol for institutional lending and borrowing. According to a joint statement...
Paxos Trust Company is Under Scrutiny: NYDFS Investigates
Paxos Trust Company, the New York-based financial institution designated with the issuance of Binance USD (BUSD) and Paxos Dollar (USDP) is under the scrutiny of the New York Department of...
DeFi Staking Servies Could Benefit From U.S Crackdown On Staking
The recent crackdown by U.S. federal agencies on centralized crypto entities has given a significant boost to decentralized finance. DeFi staking protocols stand to benefit from the various enforcement actions...
Crypto Influencer Claims Chainlink’s Multisig May Destroy DeFi
Chris Blec, a popular crypto influencer who describes himself as a fierce advocate for immutable decentralized technology, has alleged that the decentralized finance (DeFi) industry is colluding to hide a...
50% of USDT is on Tron, Has Been Growing: Crypto Analyst
Founder of Dynamo Defi Analytical Space Patrick Dynamo Defi has tweeted about the blockchain-based platform Tron’s performance. According to his tweet, “more than 50% of USDT,” was present on the...
Another Solana DeFi Lender Sends Users Packing with Their Funds
In a seven-part tweet yesterday, Everlend Finance, a Solana-based DeFi lending protocol, announced that it was shutting down its app platform, asking users to take their funds elsewhere. Everlend Finance...
Ark Invest: Crypto And Smart Contracts Market Could Hit $20 Trillion
According to Ark Invest, a global asset management firm specializing in disruptive innovation, the crypto and smart contacts could respectively command over $20 trillion and $5 trillion in market value...
Russian Crypto Traders Offered Exchange Accounts On Dark Web
Russian crypto traders have been attempting to obtain unfettered accounts for international exchanges, due to their limited access to such Crypto exchange platforms. According to cybersecurity specialists quoted in Russian...
Eisenberg Amasses $144 M: Mango Lab Sues for Price Manipulation
According to reports, the parent organization of the DeFi platform Mango Markets, Mango Labs LLB, has sued the trader Avraham Eisenberg, who manipulated the price of the platform’s native token...
Maple Finance Reveals $100 Million USDC Liquidity Pool
Maple Finance, the popular decentralized finance lending protocol (DeFi), is looking to make a comeback in the lending market with the launch of a new liquidity pool of trade receivables....
FBI Reveals North Korea’s Role in Horizon Bridge’s Theft Worth $100M
The Federal Bureau of Investigation (FBI) declared that the two hacker groups related to the Democratic People’s Republic of Korea (DPRK) — Lazarus Group and APT38 — have been responsible...
Top 5 DeFi Tokens to Watch Out This Week
Decentralized finance (Defi) has been the topic that has taken center stage in the finance sector. Defi is most wanted due to its ability to bypass the middle man such...
Top 10 Bitcoin Blockchain Applications That Include DApps
The most popular cryptocurrency in the world Bitcoin has always ruled charts for its highest trading price value but its Blockchain too stands out. Hence, here is a list of...
‘Crypto is Harmless,’ Says Indian IT Minister Rajeev Chandrasekhar
Rajeev Chandrasekhar, the Indian Minister of State for Electronics and Information Technology and Skill Development and Entrepreneurship addressed the gathering at the ITech Law International Conference 2023 held in Bengaluru,...
Paxos Offers $29 Million To MakerDAO To Raise Debt Ceiling
Popular stablecoin issuer, Paxos has tapped leading DeFi lender MakerDAO with a proposal to raise the debt ceiling of its Pax USD (USDP) stablecoin. The partnership proposes that USDP holdings...
Crypto Entrepreneur Unveils Archon Network at World Economic Forum
Crypto entrepreneur and investor Angel Versetti has unveiled Archon Network — a Web3 protocol — at the World Economic Forum (WEF) in Davos. As per reports, Archon Network was launched...
