August 20th, 2025
DeFi News - Page 2
SONEX Secures $1 Million in Seed Funding to Innovate DeFi with AI-Driven Platform
By Temitope Olatunji
January 21st, 2025
SONEX, an AI-driven decentralized exchange, secures $1 million in seed funding from notable investors including Outliers Fund and Gate Ventures to revolutionize DeFi with AI agents.
PancakeSwap Closes 2024 With $310B Trading Volume
By Godfrey Benjamin
December 24th, 2024
PancakeSwap closes 2024 with unprecedented $310 billion trading volume, showcasing massive growth through Layer-2 networks like Arbitrum and Base, while introducing innovative features like SpringBoard.
Crypto Market Losses for November Stood at $71 Million, Second-Lowest Level of Monthly Losses
By Bhushan Akolkar
November 29th, 2024
The crypto market losses due to thefts and rug pull stood at $71 million in November 2024, a sharp 79% drop from the $343 million lost in November 2023.
Kamino Finance Boosts PYUSD Borrowing Cap to $20M
By Mayowa Adebajo
August 29th, 2024
Kamino’s decision to raise the limit appears to be a response to the growing demand for lending services within the DeFi ecosystem.
Bitcoin Spot ETF Records $53M Inflows on July 17
By Chimamanda U. Martha
July 18th, 2024
On July 17, BlackRock’s Bitcoin ETF, known as IBIT, recorded the highest inflow in a single day, bringing in a total of $110.37 million.
VanEck Advisor Calls Out TradFi ‘Hypocrisy’ as GameStop Frenzy Returns
By Mayowa Adebajo
June 7th, 2024
Prominent figures like Gurbacs are using this event to highlight perceived inconsistencies in regulatory practices.
GnosisDAO Grants Karpatkey Independence as Risk Manager Debuts with KPK Token
By Mayowa Adebajo
June 5th, 2024
This spin-off aligns perfectly with GnosisDAO’s broader vision.
SEC’s New Rules Extend Oversight to Crypto and DeFi
By Godfrey Benjamin
February 7th, 2024
The adoption of these rules comes amidst a broader regulatory push aimed at bringing greater clarity and oversight to the cryptocurrency industry.
Fidelity Predicts Stablecoins and DeFi Resurgence Ahead of Fed Rate Cuts
By Godfrey Benjamin
January 15th, 2024
Fidelity Digital suggests that 2024 might witness a resurgence of institutional interest in DeFi yields.
CFTC Advisory Committee Recommends Better Understanding of DeFi
By Tokoni Uti
January 9th, 2024
The CFTC advisory committee has voted that a report be delivered to the commission and other regulators to review the DeFi sector, as well as the current laws relating to it.
Trading Platform Thunder Terminal Faces $240K Exploit, Says Funds Are SAFU
By Bhushan Akolkar
December 27th, 2023
Thunder Terminal successfully thwarted a $240,000 exploit targeting 114 wallets, ensuring user funds’ security. The incident involved an attacker gaining access to a MongoDB connection URL, executing withdrawals on behalf of users.
Crypto Wallet Ledger Loses $484K in Fresh Hack, Users May Still Be at Risk
By Mayowa Adebajo
December 15th, 2023
Ledger claims that the funds were drained in less than two hours, after which it came on top of the situation.
Infura Network Partners with Microsoft and Other Top Tech Firms to Create Decentralized Web3 Infrastructure
By Mayowa Adebajo
November 16th, 2023
Andrew Breslin clarified that the idea was more about the numbers than the big-name firms that it appears Infura had targetted.
Chainlink Announces v0.2 LINK Staking
By Mayowa Adebajo
November 10th, 2023
By deploying the LINK staking v0.2, Chainlink shows its commitment to blockchain initiatives that drive user engagement.
Binance Labs Supports Curve Finance with $5M Investment to Aid Recovery from Recent Hack
By Chimamanda U. Martha
August 11th, 2023
The injection of $5 million from Binance Labs transcends a simple financial transaction; it represents a collaborative effort focused on strengthening Curve’s security infrastructure and aiding the protocol in recovering its stability.