DeFi News

The Velvet Capital team has urged users to avoid connecting their digital wallets to the protocol’s website, citing a potential front-end attack on the website. Velvet Capital, a decentralized finance (defi) protocol, that works as an asset management dashboard, may have been targeted by hackers who exploited vulnerabilities in the website’s front-end. In an X […] More

Learn how to earn defi passive income by lending crypto, including Bitcoin, on decentralized finance platforms. Table of Contents One of the biggest buzzwords in the crypto space today—defi, short for decentralized finance—has made finance cool again. Apart from making financial products decentralized and easily accessible to users from all walks of life, defi platforms […] More

Injective and Web3 mobile firm Jambo will partner to promote DeFi in Africa, Latin America and Southeast Asia. The collaboration seeks to make it easy for millions to access dApps via the Jambophone. Injective and Web3 mobile infrastructure platform Jambo have announced a partnership that will see the two companies collaborate to bring blockchain-powered financial […] More

Over 30 defi security veterans announced phase two of their web3 protection initiative, SEAL-ISAC. Paradigm researcher Samczsun shared details on an expansion of SEAL 911, a first responder Telegram bot that allows users to report defi hacks and crypto exploits in real-time. The white-hat actor said SEAL 911 has collected piles of information, such as […] More

Share this article URL Copied The Numun Ecosystem has officially launched, introducing a suite of applications designed to tokenize and lend against real-world assets (RWA) on the Ethereum network. This RWA-focused ecosystem is initially comprised of tokenization company Num Finance and lending protocol Vectium. “Numun ignites the power of synergy between transparency and innovation. Our […] More

Grand Base, an RWA tokenization platform on the layer 2 Base network, suffered a major security breach.  According to web3 security firm Cyvers, the breach occurred on Grand Base’s deployer wallet, as the attacker gained full privileges to mint the defi protocol’s native token, GB. Following the breach, the price of Grand Base plummeted nearly […] More

Bankstown, Australia, April 15th, 2024, Chainwire Xuirin Finance has recently presented its DeFi card, an innovative solution designed to merge the functionalities of traditional debit and credit cards with the decentralized financial services provided by DeFi. The introduction of this card aims to facilitate daily transactions using cryptocurrencies, enhancing their integration into the global payment […] More

ORDI, Fantom (FTM), and Aave were among the worst performers in the crypto industry during the weekend as the crypto sell-off intensified. The ORDI token crashed by over 15% in the past 24 hours and has retreated by over 50% from its highest point this year. Fantom, on the other hand, crashed by over 8% in the […] More

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Defi offers exciting possibilities for investors, but beyond upfront gas fees, there are hidden costs that can significantly reduce potential returns. While traditional payment processing firms like Visa and Mastercard offer fixed […] More