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Nalezeno "Defi": 9303

Yemenis are turning to DeFi as US sanctions target Houthi group


Yemeni citizens are increasingly using decentralized finance (DeFi) protocols to bank themselves amid US sanctions aimed at the Houthi group, which they have deemed a terrorist organization. In the past, internet infrastructure challenges and low financial literacy among the war-torn...

The Rise of Appchains? Dapps Are Flipping Blockchains in Revenue


For the first time in history, dapps are generating more revenue than blockchains, raising questions about the real value of the latter without the former, and how this trend could accelerate the rise of appchains. Dapps Are Generating More Revenue Than Blockchains The decentralized finance...

DeFi platform KiloEx offers $750K bounty to hacker


Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX. KiloEx said it had worked with law enforcement, cybersecurity...

DeFi platform KiloEx offers $750K bounty to hacker


Decentralized exchange (DEX) KiloEx has offered the hacker who exploited $7.5 million in crypto from its platform a 10% white hat bounty. On April 15, KiloEx posted an offer directed to the hacker who stole millions from the DEX. KiloEx said it had worked with law enforcement, cybersecurity...

Ethena Partners With Re to Offer up to 23% APY Through Reinsurance Risk Pools


Ethena, a synthetic dollar protocol, has partnered with the decentralized reinsurance platform Re to enable users to earn yield by depositing stablecoins into reinsurance risk pools. Synthetic Dollar Protocol Ethena Taps Re for High-Yield Reinsurance Pools The integration allows users to lock USDe...

MANTRA and Laser Digital Deny Role in OM Token Collapse


Two major players tied to the OM token—MANTRA’s co-founder and Nomura’s Laser Digital—issued statements Monday distancing themselves from the token’s 90% price drop over the weekend. MANTRA’s Mullin Defends Project After OM Tumbled 90% John Patrick Mullin, co-founder of MANTRA, addressed the token...

Crypto lending down 43% from 2021 highs, DeFi borrowing surges 959%


The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made an over 900% recovery from bear market lows.Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat loan...

Crypto lending down 43% from 2021 highs, DeFi borrowing surges 959%


The crypto lending market’s size remains significantly down from its $64 billion high, but decentralized finance (DeFi) borrowing has made a more than 900% recovery from bear market lows.Crypto lending enables borrowers to use their crypto holdings as collateral to obtain a crypto or fiat...

On-Chain Finance’s Growth Depends on What You Can’t See


In the early days of blockchain, transparency was the movement’s rallying cry. Every transaction could be visible, every balance public and every action open to audit. This transparency helped DeFi stand apart from traditional finance (TradFi), where data is often inaccessible and decisions...

Bybit integrates Avalon through CeFi to DeFi bridge for Bitcoin yield


Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.According to an April 14 X Avalon Labs announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon explains...

Bybit integrates Avalon through CeFi to DeFi bridge for Bitcoin yield


Crypto exchange Bybit has partnered with lending protocol Avalon to offer Bitcoin yield to its users.According to an April 14 Avalon Labs X announcement, the centralized decentralized finance (CeDeFi) protocol will now be a part of the exchange’s yield product, Bybit Earn. Avalon said it will...

MANTRA’s OM Token Crashes 90% Amid Insider Sell-Off Allegations


The MANTRA crypto project is embroiled in controversy after its OM token crashed 90% on Sunday, with investors alleging an insider dumped its holdings, wiping out an estimated $5 billion in market value. MANTRA Blames ‘Reckless Liquidations’ for OM Token’s Historic Crash MANTRA...

Babylon and Axelar Bring Bitcoin Staking to Over 70 Chains


Babylon Labs also unveiled the Babylon Genesis mainnet, a layer one blockchain powered by its native token “baby.” Seventy Chains and Counting: Bitcoin Staking Expands With Mainnet Launch and New Integration Four-billion-dollar bitcoin staking protocol Babylon and blockchain interoperability...

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