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What Does an AI Chatbot ‘Think’ About DeFi? We Asked ChatGPT
7.12.2022
ChatGPT, CoinDesk’s new, robot-guest contributor, explains how AI might help (and harm) the future of DeFi
DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
7.12.2022
The plan will see Mercurial launch its popular products as a separate project under the name Meteora
Developer of Popular MetaMask Wallet Reduces Customer Data Retention to 7 Days After Backlash From Community
7.12.2022
ConsenSys, the developer of the popular crypto wallet MetaMask, has reduced the retention of MetaMask user data to 7 days following massive community backlash.
In a November 6 blog post, the company announced its data retention update, reducing the amount of time it will keep user data such...
DeFi Protocol Sushi Proposes 'Immediate' Action to Support Its Treasury
7.12.2022
Developers proposed to divert 100% of fees generated on the platform to SushiSwap’s multisig for one year or until new tokenomics are implemented
Financial Stability Watchdogs Vow to Tackle DeFi, Learn FTX Lessons
6.12.2022
Policymakers from the world’s major jurisdictions want a crypto rulebook
Founder Vitalik Buterin Reveals 5 Features That Excite Him the Most About Ethereum – The Last One May Surprise You
6.12.2022
In his latest blog post, Ethereum (ETH) co-founder Vitalik Buterin discussed "what in the Ethereum application ecosystem excites" him, including features related to money, identity, stablecoins, decentralization - and voting....
Read More: Founder Vitalik Buterin Reveals 5 Features That Excite...
WigoSwap joins multiple Chainlink services & strengthens prediction mini-game
6.12.2022
WigoSwap, an integrated DeFi platform, has announced its integration with multiple Chainlink services to support the prediction mini-game. Chainlink Automation and Chainlink Price Feeds have been onboarded on WigoSwap’s Prediction mini-game on Fantom network WigoSwap. It is also planning to merge...
Orthogonal Trading fails to repay a loan amount of $10M to Mapple Finance
6.12.2022
With the FTX going into bankruptcy, the overall ripple effect is seemingly carrying on, leaving its ugly mark and negative impact on all who are connected. In the latest case scenario, it happens to be Orthogonal Trading that has come under its adverse influence. For the uninitiated, this entity...
Morgan Creek CEO Says FTX Co-Founder SBF Was a ‘Pawn’ Used to ‘Punish’ the Crypto Industry
6.12.2022
Following FTX’s collapse, many industry executives, influencers, luminaries, and politicians have shared their opinions about the carnage the event has caused to crypto markets and a great deal of innocent bystanders. On Dec. 2, the CEO and founder of Morgan Creek Capital, Mark Yusko...
DeFi Risk-Sharing Protocol Nexus Expects Loss on Maple Credit Pool Investment as FTX Contagion Widens
6.12.2022
Nexus Mutual, which offers an insurance alternative for decentralized finance traders, deposited some $19 million in ETH to Maple’s wrapped ether credit pool, which was rocked by Orthogonal Trading’s recent default
Oryen Network will become a DeFi behemoth, Likely to end up alongside Stacks and Radix in market cap
5.12.2022
It is crucial for investors to diversify their portfolios with a variety of investments that have the potential to generate excellent returns. Consider investing in Oryen Network. The market has taken notice of The Oryen Network’s 250% price increase in its 6th presale round. The network...
Vitalik Buterin discusses his 'excitement' for the future of Ethereum
5.12.2022
Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy
The next wave of DeFi has arrived; Oryen Network beats CAKE And UNI price action!
3.12.2022
Since its inception, human society has continuously improved by creating new technologies and finding answers to the challenges that have afflicted it for so long. These technologies are widely used in a variety of fields, including the banking and money industry. Because of man’s need...
DeFi ecosystem still haunted by FTX contagion: Finance Redefined
2.12.2022
Top-100 DeFi tokens saw a bullish wave with the start of the new month, but many DEX platforms are still haunted by FTX contagion
BNB Chain-Based Defi Protocol Ankr Suffers Major Exploit
2.12.2022
Decentralized Web3 infrastructure provider Ankr has become the latest victim of a hacking attack targeting the defi space. The perpetrators who hit the platform were able to mint and steal a massive amount of tokens in a multimillion-dollar exploit. Defi Protocol Ankr Hit by Unlimited Mint...
Ankr Protocol claims its platform has been exploited
2.12.2022
Due to the ultimate failure of the FTX crypto exchange, there seems to be even more mayhem and chaos being created all around. The FTX, which is now a state of complete bankruptcy, was itself responsible for its present state. However, as in most situations, anti-socials always look for soft...
DeFi Protocol Ankr Suffers Infinity Minting Exploit – Here’s What Happened
2.12.2022
Decentralized finance (DeFi) infrastructure provider Ankr has been exploited to the tune of over $5 million due to a bug that allowed for unlimited minting of its token.
In a tweet today, the team said that their aBNB token has been exploited. They also asked exchanges to halt trading and asked...
Cardano DeFi project Ardana halts development while Budblockz proceeds to advance adoption in the crypto market
2.12.2022
Ardana (DANA), a much-hyped decentralized finance project on Cardano (ADA), has halted development. In a tweet to the Ardana community, the project team cited funding and project timeline uncertainty as the reasons for ceasing operations. Ardana was barely a year into development when it raised...
DeFi Protocol Ankr Exploited for Over $5M
2.12.2022
The attacker was able to mint 6 quadrillion aBNBc tokens, which they eventually turned into around 5 million USDC
P2P Financial Systems panel: Crypto core values and transparency are critical for DeFi
1.12.2022
Cointelegraph’s editor-in-chief Kristina Cornèr moderated a panel discussion on DeFi's future among market dynamics, cyberattacks and regulatory uncertainty