Search
Canada central bank assesses innovations and challenges of DeFi
17.10.2023
The staff note suggested that although the DeFi ecosystem brings a ton of innovations in the financial sector the regulatory challenges and vulnerability limit its potential use in traditional finance
Vector Finance has integrated with LayerZero
17.10.2023
LayerZero Labs has announced its integration with Vector Finance. The objective of the partnership is to power cross-chain yield harvesting and distribution. Vector Finance will, overall, perform select functions, including, but not limited to, harvest on Arbitrum, swap for AVAX gas, harvest zJOE...
Lido Finance Sunsets Solana Staking Product After DAO Vote
17.10.2023
The staking service for SOL tokens will be discontinued over the coming months, developers said
Stars Arena partially relaunches the app, pausing trade
16.10.2023
Stars Arena has announced that it has relaunched its application; however, all functions are live at the moment. Stars Arena has said that it has temporarily halted trading functionality on the platform. There will be a separate announcement when the service resumes. Partial reopening is effective...
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers
13.10.2023
On October 6, 2023, Thorswap halted its services temporarily. However, the platform recently declared its return to full operation with some notable modifications. An array of approximately twelve countries are now barred from utilizing Thorswap, while the decentralized exchange (dex)...
European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
13.10.2023
EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range
French Regulator Concludes DeFi Public Consultations, Views Ecosystem as “Disintermediated”
13.10.2023
The Autorité de Contrôle Prudentiel et de Résolution (ACPR), a body within the French Central Bank published a summary of the public consultation it held on decentralized finance (DeFi).
The document released on Oct 12, outlines a key path toward regulations in the sector to address the risky...
THORSwap, Used by FTX Exploiter, Resumes Trading After Updating Terms to Exclude U.S.-Sanctioned Countries
13.10.2023
THORSwap, the exchange that paused its platform last Friday following a series of trades related to the FTX hack, resumed its services on Friday with updated terms and conditions relating to users in sanctioned countries
Perpetual Trading Protocol GMX Bags Biggest Chunk of $40M Arbitrum Grant
13.10.2023
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain
French regulator sees DeFi as 'disintermediated,' not 'decentralized'
13.10.2023
The Autorité de Contrôle Prudentiel et de Résolution concluded its consultation on the regulation of DeFi
Decentralized Crypto Exchange Uniswap Brings Mobile Wallet to Android Users
13.10.2023
Decentralized finance (DeFi) exchange Uniswap has launched a mobile wallet application for Android users on Thursday, after launching on iOS in April.
Following the iOS launch, Uniswap saw an influx of downloads and became the top three wallet for new downloads, the exchange said in an official...
Defi Not a Risk to Financial Stability Yet, EU Securities Regulator Reports
13.10.2023
Decentralized finance (defi) brings risks for investors but is yet to pose “meaningful risks” to financial stability, according to Europe’s securities watchdog. The agency believes, however, the phenomenon deserves attention in light of the EU’s new crypto rules as well as growing user base and...
BitVM’s goal is to scale Bitcoin, not be a pseudo-Ethereum, says dev
13.10.2023
Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet
DeFi User Mistakenly Swaps $131,350 in USDR for $0 in USDC
12.10.2023
In an unexpected turn of events, a decentralized finance (DeFi) user accidentally lost a fortune after he swapped $131,350 in wrapped USDR (wUSDR) for $0 in USDC.
The transaction was initially captured on DeFi and DEX aggregator OpenOcean by X (formerly Twitter) user @rektfencer.
The DeFi user...
Stars Arena receives nearly 90% of the lost funds
12.10.2023
Stars Arena has posted an update, informing the community that the team has recovered approximately 90% of the funds that were lost previously. The development comes as Stars Arena reaches an agreement with the individual behind the drainage. They have been awarded 10% of the bounty along with...
Russian Attackers May Have Been Behind Hack of Sam Bankman-Fried’s FTX, Elliptic Says
12.10.2023
Research firm Elliptic said some of the stolen funds appear to be linked to Russian cybercriminal groups, citing on-chain analysis
Platypus DeFi loses $2.2M in another flash loan exploit
12.10.2023
The attack marks the third time that Platypus was exploited in 2023, with one incident taking $8.5 million in February and another taking $157,000 back in July
DeFi Protocol Platypus Finance Hacked for Over $2 Million on Avalanche – Here's What Happened
12.10.2023
Decentralized finance (DeFi) protocol Platypus Finance has fallen victim to a security breach resulting in the loss of over $2 million.
In a recent blog post on X (formerly Twitter), security firm PeckShield noted that the Avalanche-based project has been exploited.
Following the alert...
Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting
12.10.2023
Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.
BarnBridge confirmed in July that is it facing a probe from the US regulators...
Alameda Lost Nearly $200M to Phishing Attacks, Ex-Engineer Says
12.10.2023
Lax security practices seemed to be a feature of the former crypto trading titan