DeFi

Re7 Labs demands apology after DeFi whistleblower claims vault risks

Re7 Labs has issued a cease and desist letter via its legal counsel to a whistleblower over risk management accusations.The whistleblower claims depositors suffered...

UK Proposes Deferred Capital Gains Tax for DeFi Crypto Users

The UK government proposed a new tax framework for decentralized finance (DeFi) users that defers capital gains tax on crypto lending and liquidity pool...

Chainlink Founder Predicts 100% DeFi Adoption by 2030

Decentralized finance (DeFi) is estimated to be about 30% adopted globally, with potential for full adoption by 2030.Regulatory clarity and institutional participation are key...

Stream Finance Collapse Sparks Major DeFi Stablecoin Vault Crisis

The collapse of Stream Finance caused a chain reaction, impacting various decentralized finance (DeFi) projects.Depositors in affected vaults faced losses, with some vaults on...

SUI Token Drops 9.2% After $116M Balancer DeFi Hack Fallout

The native token of the Sui blockchain, SUI, dropped sharply on Tuesday after falling below key support levels.SUI’s price fell 9.2%, reaching as low...

Balancer DeFi Hack Hits $129M Across Multiple Blockchains

Balancer suffered a smart contract exploit affecting its v2 liquidity pools across multiple blockchains.The ongoing hack has resulted in losses totaling approximately $129 million.The...

Japan Launches Yen-Backed Stablecoin to Boost DeFi Lending

Japan launched Asia’s first fully convertible yen-backed stablecoin, JPYC, enabling global circulation.The yen’s full convertibility supports a new blockchain-based carry trade linking DeFi yields...

USD.AI Bridges DeFi and AI with GPU-Backed Stablecoin Loans

A new stablecoin protocol converts crypto liquidity into loans for GPUs used in Artificial Intelligence (AI). The protocol’s synthetic dollar, USD.AI, is backed...

Latest news

Bitcoin rebounds to $67.4K as analysts eye $70K threshold

Bitcoin's 1.4% rebound to around $67,400 on Monday faces skepticism from analysts who warn the recovery could be temporary.Ethereum...

White House App Privacy Concerns Spark User Alarms

The White House launched an official app on Friday, a move that aims to provide a "direct line to...

Ethereum Foundation Proposes Unified Layer-2 Zone

Developers from Gnosis and Zisk, backed by the Ethereum Foundation, have proposed the "Ethereum Economic Zone" (EEZ) to unify...