DeFi

CFTC Names Harry Jung to Spearhead Crypto and DeFi Engagement Efforts

CFTC acting Chair Caroline Pham reorganizes agency leadership with new appointments. Harry Jung appointed as acting chief of staff to lead crypto and DeFi engagement. New...

Chainlink Strengthens Market Leadership Across Banking, DeFi Sectors in 2024

ChainLink strengthens its position in traditional banking and capital markets through strategic partnerships. The platform reports substantial growth in tokenized asset infrastructure development during 2024. DeFi...

Trump-Linked DeFi Protocol Acquires $14.1M Worth of Major Altcoins Including TRON, Aave, and Chainlink

The Trump family's DeFi protocol has invested $14.1 million across three major cryptocurrencies. Equal allocations of $4.7 million were made to TRX, AAVE, and LINK...

DeFi-AI Integration Faces Hurdle as Centralized Computing Clashes With Crypto Ethos

The DeFi market's next phase combines Artificial Intelligence with decentralized finance, creating an estimated trillion-dollar market opportunity. Current AI agents rely heavily on centralized Big...

DeFi Protocol Activates Revenue Sharing After Stablecoin Slips Below Dollar Peg

Staked stablecoin USD0++ experienced a depegging event, falling to $0.89 from its $1 target. The incident occurred after implementing new floor price and...

DeFi Risk Managers Face Scrutiny Over Ethena’s USDe Integration at Aave, Sparking Conflict of Interest Debate

Aave governance proposal suggests pegging USDe to USDT 1:1, raising concerns over risk assessment. Risk advisors working simultaneously for Aave, Maker, and Ethena create potential...

Crypto Heists Hit Record $2.2 Billion in 2024 as Exchanges, DeFi Protocols Face Sophisticated Attacks

Cryptocurrency thefts reached $2.2 billion by Q3 2024, surpassing 2023's total losses of $1.8 billion. DMM Bitcoin suffered the largest single loss at $308 million...

North Korean Hackers Take $500K Hit as Crypto Trading Backfires on DeFi Platform

North Korean Hackers lost approximately $500,000 in liquidations on HyperLiquid DeFi protocol. HyperLiquid's security relies on just four validators, raising concerns about potential vulnerabilities. The protocol...

Latest news

BNB Smart Chain activates Pasteur hard fork to boost security and throughput

BNB Smart Chain activated the Pasteur hard fork on Tuesday, closing bridge verification and validator authorization gaps.The upgrade combines...

Space stocks fall 3% on Trump’s 1,000-launch memo

Space stocks SPCX and ASTS fell 3% after President Trump signed a memo targeting 1,000 launches annually by 2030.The...

Strive Buys 1,110 Bitcoin, Issues Shares to Fund Treasury

Strive purchased 1,110 Bitcoin at an average price of $73,409.The company issued 3.65 million common shares and 441,313 preferred...