News about DEFI

News about Defi

BITCOIN Exploded by 300% in a Week… But It’s Definitely Not What You Think - CryptoPotato

BITCOIN Exploded by 300% in a Week… But It’s Definitely Not What You Think& & CryptoPotato

How do DeFi projects generate profit?

If you don’t know where the yield is coming from, you are the yield. This week’s episode of Market Talks discusses how DeFi platforms generate a profit and if high yields are sustainable....

Coin Center and Blockchain Association slam ‘unworkable’ US Senate DeFi bill

Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology. Crypto industry advocacy bodies hav...

Polygon Daily Users Surpass Ethereum, Solana As DeFi Activity Grows

Polygon has recorded one of the most significant growth trends among Layer 1 and Layer 2 blockchains over the last couple of weeks. As a result, the daily active users on the Layer 2 blockchain has risen rapidly to surpass daily users on some of the...

Binance Labs invests $10 million in DeFi project Radiant

Binance Labs’ strategic investment in Radiant Capital will help the DeFi protocol expands its product to more EVM chains. The price of Radiant’s native token RDNT rose 10% following the news. Binance Labs, the venture capital arm of wor...

Liquid staking claims top spot in DeFi: Binance report

A Binance spokesperson highlighted that there are things to be wary of when liquid staking, including smart contract vulnerabilities, slashing risks and price fluctuations....

DeFi liquidity protocol adds ConsenSys-developed zkEVM rollup Linea

The co-founder of the liquidity protocol said the ZK-rollup-based scaling solution could potentially solve the scalability dilemma put forward by Ethereum co-founder Vitalik Buterin....

US Deficit Explodes, Surpassing $1,390,000,000,000 As Government Spending Outpaces Revenue: Treasury Department

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New US Senate Bill Tackles Money Laundering via DeFi, Crypto ATMs

A bipartisan group of four senators today (Wednesday) introduced the Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Bill to the United States Senate. In a statement, they explained that the goal of the bill is to subject decentra...

US Senate’s new bill proposes “unworkable obligations for DeFi”, Crypto Council says

The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According to the crypto alliance, the bill’s proposals go “in the opposite direction” to what the proper approach s...

DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill

A new bill introduced into the US Senate proposes to tighten Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations for decentralized finance (DeFi) services. The Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act...

DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill | Bitcoinist.com - Bitcoinist

DeFi Platforms And Bitcoin ATMs Face Major KYC Hurdles With New US Bill | Bitcoinist.com& & Bitcoinist

Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate

The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.” United States Sen. Jac...

US Senate introduces bill seeking to regulate DeFi like traditional banks

The bill aims at ensuring DeFi protocol operating in the US imposes strict controls on their users. The controls proposed in the bill resemble those that apply to traditional banks. The bill also places identity verification requirements on crypto k...

DeFi whitehats spotted a bug that risked $5.2m. They were offered a $500 bounty

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Wallex․US Launches New Non-Custodial Crypto and DeFi Wallet App

Fintech company Wallex.US has launched a new non-custodial crypto and defi wallet app. The app offers a secure and encrypted way to store, send, and receive more than 150 cryptocurrencies. It also provides real-time chart monitoring and analysis capa...

XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K - CoinDesk

XRP’s 60% Weekly Gain Defies Broader Crypto Slump as Bitcoin Stalls Below $30K& & CoinDesk

Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO Charles d’Haussy

CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX. The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to...

Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO

CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX. The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to...

Bitkey Jack Dorsey's Futuristic Crypto Wallet Redefining Bitcoin Security - BTC MOX

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DeFi in Ether: $45B in DeFi, GHO is now live on the Ethereum mainnet, UniswapX launches, Gnosis…

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DeFi Technologies' Wholly-Owned Subsidiary Valour Inc. Announces Groundbreaking Collaboration with Bitcoin Suisse AG on Physical Backed Digital Asset Exchange Traded Products - Yahoo Finance

DeFi Technologies' Wholly-Owned Subsidiary Valour Inc. Announces Groundbreaking Collaboration with Bitcoin Suisse AG on Physical Backed Digital Asset Exchange Traded Products& & Yahoo Finance

Arthur Hayes’s “Holy Grail” Stablecoin DeFi Project Ethena Raises $6M

Ethena is a startup that is developing a stablecoin and digital savings bond that will be backed by derivatives.The stablecoin will be backed by equal amounts of staked ETH and perpetual swaps shorting Ethereum.The project has secured a $6 million s...

DeFi Users Lost $419 Million To 386 Exploits In 2023 H1: Report

Projects in the web3 and decentralized finance spaces lost nearly half a billion dollars to hacks and exploits in the first half of 2023.DeFi accounted for a bulk of the incidents with over 386 exploit cases and $419 million in cryptocurrencies stol...

Chain Abstraction: The Future of Cross-Chain DeFi

Hi everyone! I've been recently researching some interesting topics in crypto and reading some news focused on the DeFi market. And this is what I came across. In general, a small picture of what we will talk about next: Chain Abstraction is a ne...

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