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JitoSOL launches ERC20 token on Arbitrum with Wormhole NTT
30.4.2024
JitoSOL, a network for extracting Maximum Profitable Value (MPV), is launching its ERC20 token on the Arbitrum network. Wormhole Native Token Transfers (NTT) technology will accomplish this, demonstrating JitoSOL’s unwavering innovation and progress. JitoSOL is expanding its presence...
cBridge backing the linking of uniETH with X Layer
30.4.2024
Following the backing of cross-chain staking with the help of uniETH tokens, the inclination was to provide added backing so that uniETH could offer holders further utility. Therefore, cBridge is backing the linking of uniETH with X Layer, a ZK-boosted decentralized Ethereum Layer 2 network. It...
Lido Finance Just Hit 1M Validators, But Can DeFi Really Take Over TradFi?
29.4.2024
Lido Finance reaches a major milestone with 1 million Ethereum validators, solidifying its position as the largest DeFi protocol. The growth of liquid staking protocols like Lido is fueling DeFi expansion, raising concerns about centralization and the potential disruption of traditional financial sy...
Avalanche integrates with Stripe for fiat-to-crypto onboarding
29.4.2024
Avalanche C-Chain users can now buy AVAX directly within Web3 apps, using a widget supplied by Stripe
The Changing Face of Risk in DeFi
29.4.2024
The biggest risk factors in the new era of decentralized finance may be economic, not technical, says Jesus Rodriguez, CEO of IntoTheBlock
Lido Finance hits 1M validators, fueling the growth of DeFi
29.4.2024
Lido, the largest liquid staking protocol, controls over 28.5% of all staked Ether, as liquid staking remains the largest DeFi protocol category
Cardano vs Option2Trade – Why this Defi AI crypto has dominated altcoin league since January 2024
29.4.2024
As Option2Trade continues to dominate the altcoin market with its sophisticated AI and DeFi applications, it sets new benchmarks for what is possible in the realm of cryptocurrency. Both Option2Trade (O2T) and Cardano (ADA) have their unique strengths and areas for growth, but the ongoing...
DOJ’s Tornado Cash arguments show ‘obvious disdain for privacy’ — Lawyer
29.4.2024
DeFi Education Fund’s legal chief said the prosecutors’ arguments against Roman Storm’s motion to dismiss were “filled with technical inaccuracies.”
Liquid Staking Platforms See 60,000 ETH Outflow in 2 Weeks; Lido Dominates Reductions
28.4.2024
In the last two weeks, liquid staking derivative (LSD) protocols have experienced a decline of 60,000 ether valued at over $198 million, with Lido accounting for 40,000 of the ETH withdrawn. LSD Sector Snapshot: $198 Million Ether Withdrawn in 2 Weeks Liquid staking has been witnessing a decrease;...
Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
27.4.2024
According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers...
EU DeFi regulations set to welcome big banks, challenge crypto natives
26.4.2024
New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native crypto projects
Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined
26.4.2024
Arkham Research notified DeFi wallet owners to look at the addresses and try to retrieve their funds, which have been stuck for months in bridge contracts
Coin98 partners with Metis for more diversified DeFi experience
26.4.2024
Coin98, a prominent decentralized finance (DeFi) platform, has announced a strategic integration with Metis Network, marking a significant milestone in the evolution of decentralized finance and blockchain interoperability. This revolutionary alliance between two preeminent platforms is anticipated...
DeFi bull market confounds expectations with RWAs and ‘recursive airdrops’
25.4.2024
Industry figures assess the state of decentralized finance in 2024 and whether it is developing as expected
Fireblocks Launches DeFi Threat Protection Tools For Institutions
25.4.2024
Fireblocks is protecting its customers from DeFi hacks and scams using new automated tools to identify malicious blockchain programs.
The post Fireblocks Launches DeFi Threat Protection Tools For Institutions appeared first on Cryptonews
Your Crypto Project Needs a Sheriff, Not a Bounty Hunter
24.4.2024
Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties
Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
24.4.2024
The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional
DeFi’s ‘unknown and unpredictable’ risks curb institutional use — Fireblocks VP
24.4.2024
Institutions are keen on DeFi, and its use among them is growing, but on-chain risks are hamstringing further adoption, says Fireblocks’ Shahar Madar
Memereum Presale: New Wave of Crypto Opportunities Offering Investors Access to DeFi Innovation
24.4.2024
PRESS RELEASE. Monaco, April 24, 2024 – Memereum, a promising project on the BNB Smart Chain, is delighted to announce the launch of its presale. It invites investors to join the movement towards financial empowerment and innovation. With a suite of special financial products and services...
New crypto users shouldn’t ‘rush into DeFi’ — Security firms
24.4.2024
Hacken’s Luciano Ciattaglia said that new crypto users should not immediately jump into decentralized finance or decentralized exchanges