DeFi

Scammers Buy Abandoned DeFi Domains to Deploy Malicious Drainers

Scammers are purchasing expired domains of abandoned DeFi projects and replacing legitimate interfaces with malicious "drainer" transactions.This passive tactic targets users returning to withdraw...

Trump Repeals IRS Rule Requiring DeFi Platforms to Report Transactions

President Trump has signed a resolution that repeals a DeFi reporting rule to the IRS.The repealed rule would have required decentralized finance platforms to...

EU’s MiCA architect opposes MiCAR 2, cites DeFi regulation challenges

Peter Kerstens, who helped develop Europe's MiCA crypto regulations, questions the need for MiCAR 2, suggesting it's primarily being pushed by the European Central...

ZKLend Hacker Falls Victim to Phishing, Loses Stolen DeFi Millions

A Hacker who stole 3,600 ETH from ZKLend claims to have lost 2,930 ETH to a fake Tornado Cash phishing website.The original theft occurred...

Ethereum DeFi Protocol SIR.trading Loses $355k TVL to Smart Contract Hack

Ethereum DeFi protocol SIR.trading lost its entire $355,000 TVL in a March 30 hack targeting a vulnerability in its contract vault.Security firms identified the...

US Senate Votes to Kill Biden-Era DeFi Tax Reporting Rule

US Senate passed a resolution with a 70-28 vote to repeal the IRS DeFi broker rule targeting crypto reporting.The resolution will next head to...

SEC to Host Four More Crypto Roundtables on Tokenization and DeFi

The SEC's Crypto Task Force will hold four additional roundtable discussions this spring on topics including crypto trading, custody, tokenization, and DeFi.Commissioner Hester Peirce...

Blockdaemon Acquires Expand.Network to Strengthen DeFi Infrastructure Capabilities

Blockdaemon acquires expand.network in its fifth acquisition, enhancing its DeFi infrastructure capabilities. The acquisition provides unified API access to various DeFi protocols including...

Latest news

BIS Innovation Hub Explores Blockchain for Promissory Notes Tokenization

BIS Innovation Hub, Swiss National Bank, and World Bank successfully tested tokenizing promissory notes on blockchain, eliminating reconciliation needs.The...

Cathie Wood’s ARK Funds Plummet, Losses Reach Into 11 Figures

Cathie Wood's Ark Invest funds have reportedly lost $14.3 billion in shareholder value over a 10-year period.Her flagship fund...

Polygon Labs Tokenizes Electric Delivery Motorcycles for Dubai Expansion

Polygon Labs and Pyse are tokenizing electric delivery motorcycles in Dubai using blockchain technology to track ownership and...

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