DeFi News

Importance of composability in the DeFi ecosystem Composability acts as a catalyst for growth, propelling decentralized finance’s ongoing development and growth. In decentralized finance (DeFi), composability refers to the ability of various apps and protocols to seamlessly communicate with each other, allowing their building blocks to be combined and integrated to create new functionalities or […] More

[PRESS RELEASE – Cayman Islands, Cayman Islands, December 5th, 2023] Curvance introduces a new, efficient approach for users to yield farm and maximize yield on their DeFi investments Curvance, a full-service omnichain money market for yield-bearing, LSDfi, tokenized treasuries, and primitive assets, announces the close of a $3.6M seed round supported by Offchain Labs, Wormhole, […] More

Through a software upgrade, Umee UX Chain code will be implemented on Osmosis, combining the two networks. News Join us on social networks Cosmos-based networks Umee and Osmosis will merge via a software upgrade, according to a Dec. 4 announcement. Umee’s UX Chain code will be reimplemented on the Osmosis chain, allowing features of the […] More

DeFiChain-based Jellyverse raises $2 million from private investors to build its ecosystem. The funding was secured in a seed funding round by Jelly Labs AG and Fintonomy LTD. Jellyverse will feature protocols such as a DEX, staking protocol and stablecoin. Jellyverse, a decentralised finance (DeFi) ecosystem built on the EVM-compatible layer-2 DeFiMetaChain (DMC), has secured […] More

Horizen EON has integrated Ascent Exchange into its ecosystem via ICHI Vault. Horizen integrates Ascent Exchange and ICHI Vault Horizen EON is a blockchain platform that can be scaled to accommodate developers who wish to create decentralized finance (defi) applications. On the other hand, Ascent Exchange is a global digital trading platform that allows users to trade different tokens. […] 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. Now that crypto’s volatile streak has calmed down considerably, many projects are looking to bring traditional finance, or TradFi, institutions into the blockchain fold. From banks to asset managers and investment firms, […] More

The OKX Wallet is integrating DeSyn, a decentralized finance (defi) protocol powered by Ethereum (ETH), to enable users to generate synthetic assets and engage in decentralized asset management. The OKX Wallet is a cryptocurrency wallet from the stables of OKX exchange. It grants access to over 80 blockchains and incorporates MPC technology for convenient wallet […] More

Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, has accelerated beyond expectations in just over six months since its mainnet launch, surpassing $150 million in Total Value Locked (TVL) according to leading DeFi […] More

Defi platforms Aerodrome and Velodrome suffer a front-end attack, with an estimated $40,000 compromised.  Two prominent defi platforms, Aerodrome and Velodrome, have experienced security breaches in their front-end systems. The incidents occurred on Nov. 28, as disclosed by the platforms. Both Aerodrome and Velodrome alerted their users through X, advising them to cease all interactions […] More