Balancer, an Ethereum-based decentralized finance protocol, warns users to stay away from its website after an attack on its frontend. The platform notified its community on Sept. 19 at 11:49 pm UTC, urging users not […]
In what’s described as a rapidly evolving landscape of financial and economic crimes threatening the internal security of the European Union, Europol has applauded the independence and protection offered by blockchain technology. Europol has also […]
Vitalik Buterin, the co-founder of the second-largest blockchain, Ethereum, had his X account hacked to portray a phishing site that reportedly drained over $800,000. The fraudulent post has been deleted since, and the account has […]
Nonfungible token (NFT) marketplace Magic Eden has announced that it will support Solana’s compressed NFTs (cNFTs) to provide a cost-efficient and scalable alternative to owning digital collectibles. Today we’re releasing support for cNFTs (find them […]
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi saw Coinbase […]
Bitcoin and Ethereum turned out to be dreary over the past six months since DeFi tokens have been gaining the majority of the traction. Especially Luna, AVAX, and FTM outperformed the market leaders over the […]
Russia is working on ways to legalize and regulate decentralized financial organizations, popularly known as DAOs, to bring more liquidity within the local Digital Financial Assets (DFA) market. The Director of the Department of Financial […]
Sam Sends and Varun Iyer, the founders of the VC-backed protocol aiming to monetize NFT videos, said they will abandon the project due to low demand two years after its launch. Glass Protocol’s email address […]
A decentralized finance (DeFi) advocacy body has petitioned the United States Patent and Trademark Office (USPTO) to review a patent owned by a company it has accused of being a a “patent troll” — a […]
For the first time since March 16, 2022, the value locked in defi has fallen below $200 billion. While the cryptocurrency market lost billions this week, the total value locked (TVL) in decentralized finance protocols […]
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