Recent DeFi News

DeFi | Posted on Sep. 25, 2023

Mixin Network Suspends Deposits After Suffering A $200M Hack

DeFi Platform Mixin Network, the popular decentralized exchange (DEX), has suspended deposits after suffering a $200 million hack
DeFi | Posted on Sep. 14, 2023

Friend.tech Returns From The Dead, Surpasses NFTs in Trading Volumes

Decentralized social media platform Friend.tech's daily trading volume has surpassed that of NFTs on the Ethereum (ETH) network. 
DeFi | Posted on Sep. 11, 2023

Akash Network’s GPU Expansion Signals New Opportunities for AI Developers

Akash Network has launched its Mainnet 6 upgrade. The Overclock Labs project allows anyone to rent out their GPUs to become a cloud...
DeFi | Posted on Aug. 9, 2023

Aave’s Earning Farm Protocol Loses $287K in Ether to ‘Reentrancy Attack’

On Aug 9, the Aave's Earning Farm protocol, a user-friendly platform catering to Ether, wrapped Bitcoin (wBTC), and USD Coin holders, fell victim...
DeFi | Posted on Jul. 31, 2023

Curve Finance Exploited: Hackers Drain $47M in Major DeFi Hack

First discovered by security firm Ancilia, the hack involved the depletion of 460 smart contracts written on the Vyper programming language. Curve Finance...
DeFi | Posted on Jul. 21, 2023

Justin Sun caught manipulating the markets AGAIN as Tron flourishes – FTX 2.0?

Key Takeaways: YEREVAN (CoinChapter.com) – The long list of complaints against Tron founder Justin Sun drags along with a new accusation. The entrepreneur...
DeFi | Posted on Jul. 7, 2023

BarnBridge Latest DeFi Firm To Come Under SEC Investigation: BOND, Its Native Token, Tanks

DeFi protocol BarnBridge has come under the scanner of the Securities and Exchange Commission (SEC). BOND, its native token, tanked.
DeFi | Posted on Jul. 3, 2023

Crypto Funding Crashes 90% in a Year — What Does it Mean for Altcoin Market?

The crypto industry's funding has plummeted nearly 90% in June compared to a year ago, according to digital asset data provider CryptoRank.
DeFi | Posted on Mar. 14, 2023

How USDC Depegging Almost Caused a Bank Run Across $13.5B DeFi Market

Starting March 8, a chain of US bank runs shook the market. One of them was Silicon Valley Bank (SVB), taken over by...
DeFi | Posted on Feb. 23, 2023

Arbitrum TVL nears $2B as layer 2 flips Ethereum in number of transactions

Ethereum scaling solution Arbitrum's total value locked (TVL) exploded 86% year-to-date, pushed March 2022 heights, and stood at $1.92 billion on Feb 23....
DeFi | Posted on Jan. 26, 2023

Crypto Sector Attracts Over $700M in Funding Entering 2023

On Jan 23, an American hedge fund specializing in crypto, Panthera Capital, published a thorough report on the company's 2023 outlook, written by...
DeFi | Posted on Dec. 2, 2022

DeFi Protocol Ankr Loses $5M to Hack — Many Tokens Affected

According to blockchain security research firm PeckShield, a bug in Ankr's code was behind the exploit. It allegedly allowed users to mint an...
DeFi | Posted on Oct. 12, 2022

Hackers Steal Over $115M From Mango Markets In a Day

Hackers stole $115 million in various exploits on Decentralised Finance (DeFi) protocols in one day, with Mango Markets losing over $100
DeFi | Posted on Sep. 28, 2022

Is NEXO the next ‘Celsius’? Analyst says yes.

The infamous Terra implosion left many threats behind for the whole CeFi sector. One of the victims was Celsius, a lending/borrowing platform...
DeFi | Posted on Sep. 8, 2022

Hubble Protocol, the Solana-Based DeFi Project, raises $5 million in a strategic round led by Multicoin Capital

Solana-based DeFi platform Hubble Protocol has raised $5 million in a fresh financing round led by Multicoin Capital.
DeFi | Posted on Aug. 17, 2022

What happened to MakerDAO; DAI and USDC stablecoins not so stable?

On Aug 12, a rumor circulated the cryptoverse that decentralized autonomous organization Maker DAO plans to depeg its stablecoin DAI from the U.S....
DeFi | Posted on Aug. 10, 2022

Total value locked (TVL) on DeFi plunges 70% to 2022 low of $66B

LAGOS (CoinChapter.com) — The recent decline in the value of digital assets in the cryptocurrency market has extended to the decentralized finance (DeFi)...
DeFi | Posted on Aug. 4, 2022

Optimism has rallied 160% in a week — what’s ahead for OP price?

YEREVAN (CoinChapter.com) – Ethereum scaling solution Optimism (OP) surged over 160% since July 27, peaked at $2.24 early on Aug. 4, and settled...
DeFi | Posted on Jul. 25, 2022

Gnox crypto on presale — is it a scam or legit?

YEREVAN (CoinChapter.com) - Gnox crypto invited much attention since its GNOX token presale transitioned into the final third stage (July 12 - Aug...
DeFi | Posted on Jul. 25, 2022

Voyager refused FTX offer – “low ball” bid, or not?

YEREVAN (CoinChapter.com) – Bankrupt crypto lender Voyager Digital refused the buyout offer proposed by crytpo exchange FTX. The latter’s chief executive Sam Bankman-Fried...
DeFi | Posted on Jul. 22, 2022

Tezos sees increased network usage in Q2 while XTZ targets 30% gains

Tezos blockchain saw increased network usage in the first half of 2022. Meanwhile, XTZ prices' breakout from a bullish pattern might falter.
DeFi | Posted on Jul. 19, 2022

How staking and peer to peer lending can protect you from inflation

The rich hate it, the poor hate it.. All jokes aside, inflation affects everyone in the world that owns any amount of money....
DeFi | Posted on Jul. 14, 2022

Celsius files for bankruptcy – what does it mean for DeFi?

YEREVAN (CoinChapter.com) – Cryptocurrency lender Celsius Network filed for Chapter 11 bankruptcy protection shortly after repaying $900 million in DeFi debt since the...
DeFi | Posted on Jul. 8, 2022

Celsius operated as a ‘Ponzi’ Scheme — new lawsuit claims

Staking software and investment firm KeyFi has accused crypto lending firm Celsius Network of operating a ponzi scheme.

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