More stories

  • in ,

    Solana DeFi protocol Friktion sunsets front end app

    Solana-based DeFi portfolio management protocol Friktion has sunset its front end app, and asked users to withdraw their funds. Friktion was among several DeFi protocols offering structured products in the Solana space. Friktion shuts down after TVL slump Friktion announced the shutdown of its front end app via a statement issued on Jan. 27. The […] More

  • in , ,

    DeFi protocol Aave V3 goes live on ethereum mainnet 

    Aave has announced the successful launch of Aave V3 on the ethereum mainnet. The latest iteration of the DeFi protocol comes with several improvements, including gas fee optimization and more.  Aave V3 launches on the ethereum mainnet  Following strong backing and support from members of the Aave community, the development team has successfully integrated the […] More

  • in ,

    ISDA releases standard definitions for digital asset derivatives

    The International Swaps and Derivatives Association (ISDA) is working on two papers to address fundamental legal risks in the crypto markets, such as the insolvency of crypto exchange firms, according to a statement released on Jan. 26.  The initiative was motivated by the collapse of crypto exchange FTX and previous bankruptcy cases that “prompted a […] More

  • in ,

    Top 10 DeFi protocols were in green during January

    According to the decentralized finance (DeFi) total value locked (TVL) aggregator, DeFi Llama, the total DeFi TVL has reached $47.94 billion, up by 3% in the past 24 hours while hitting a two-month-high. Source: DeFi Llama Per the data, the top protocol remains Lido Finance since the early days of 2023. Lido’s TVL sits at […] More

  • in ,

    Injective launches $150M ecosystem fund to boost DeFi, Cosmos adoption

    Injective, a layer-1 blockchain protocol founded in 2018, has launched a $150 million ecosystem fund to support developers building on the Cosmos network. The so-called ecosystem group is backed by a large consortium of venture capital and Web3 firms, including Pantera Capital, Kraken Ventures, Jump Crypto, Kucoin Ventures, Delphi Labs, IDG Capital, Gate Labs and […] More

  • in ,

    Web3 Security Company Cyvers Releases DeFi Threat Detection Report

    [PRESS RELEASE – Yoqneam, Israel, 25th January 2023] Cyvers, a web3 security company founded by Deddy Lavid and Meir Dolev, has released a security report analyzing the major events, types of threats, and best practices for protecting assets in the DeFi space. The comprehensive report provides valuable insights for projects and organizations looking to securely […] More

  • in ,

    DeFi Will Be the Foundation of Crypto’s Next Cycle: Pantera Capital

    Pantera Capital – a blockchain-focused institutional asset manager – has released a report reviewing the state of the blockchain industry in 2022, and what to expect on the technological and adoption front going forward. The report predicted that crypto has already bottomed and that the next market cycle will be defined by greater adoption of […] More

  • in ,

    TradFi and DeFi come together — Davos 2023

    Traditional finance, or TradFi, continues to explore the world of cryptocurrencies and blockchain technology, with the World Economic Forum holding more workshops and sessions for the sector in 2023. These were major themes seen by the Cointelegraph team as they covered the action throughout a busy week in Davos, Switzerland. In a late-night recording session, the […] More

  • in , ,

    Definitely Nifty: NFTs Sold Topped 67% YoY Growth in 2022

    The price of Ethereum, BNB Coin, Solana, and other DeFi altcoins kept running this week. New data in a report out from DappRadar reveals there were more NFTs sold in 2022 than the year before. DappRadar: NFTs Sales in 2022 Soared In more good news for cryptocurrency’s DeFi platforms, NFTs sold last year topped sales […] More

  • in ,

    Revolution of DeFi Ecosystem: The Wave of Decentralised Identity Solutions Is Here to Stay!

    Introduction to decentralised identities, or DIDs and the non-fungible token (NFTs) space. Decentralised identity and use of zero-knowledge proof (ZKP) innovation. Other benefits, including protection for the regular user. There is still a lot of “wild west” in decentralised finance (DeFi) today. There is no clear rule of law since there are so many competing […] More

  • in , ,

    DeFi TVL flat-lines below $50b even as bitcoin prices soar

    The total value locked (TVL) in decentralized finance (DeFi) protocols continues to flat-line below $50b, adding less than $10b since December 2022, statistics on Jan. 22 reveal. DeFi and crypto prices diverge At $46.86b as of Jan. 22, DeFi TVL has added roughly $6b from around $39b registered on Dec. 31, 2022, possibly pointing to uncertain participants […] More

  • in ,

    DeFi should complement TradFi, not attack it: Finance Redefined

    Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. Following FTX’s demise, the DeFi space is up for a complete remodel as crypto users demand better security and compliance practices. SushiSwap’s roadmap for the coming year includes the […] More

Load More
Congratulations. You've reached the end of the internet.