DeFi News

September sets 2023 exploit record, and DAOs can democratize science: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the ...

New P2E & staking project Meme Kombat raises $300k in ICO – Could it be the next Pepe?
The meme coin market has seen a slight uptick in activity over the past week, with prices remaining volatile across the board. Meme Kombat (...

Wrapped Crypto Tokens, Explained
What is a wrapped token? Tokens are wrapped to make them usable on a different blockchain or in a particular environment to which they are n...

Bank for International Settlements Reveals Launch of ‘Project Atlas’ in Effort to Track and Monitor Crypto
The Bank for International Settlements (BIS), in partnership with financial institutions across Europe, has been working toward a data syste...

Bank for International Settlements and European Central Banks Developing Crypto and DeFi-Tracking System
The Bank of International Settlements (BIS) is collaborating with central banks in Europe to develop a crypto and decentralized finance (DeF...

Yield Protocol to permanently ‘wind down’ operations by December 2023
Decentralized finance (DeFi) lending protocol Yield Protocol announced its decision to shut down by the end of the year due to the lack of b...

Bitcoin Blackmail Scams Most Successful Attack Vector, But Ransomware on the Rise
In crypto, the threat of scams looms large, and recent research by Coin Kickoff reveals a startling trend. Bitcoin blackmail scams have emer...

BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank of International Settlements (BIS) has developed a proof of concept (PoC) for a system tracking on-chain and off-chain transactions...

Bitcoin Coming to Osmosis, Can Cosmos Become the DeFi Ecosystem for the Largest Crypto?
Bitcoin’s status as the oldest, most prestigious cryptocurrency comes with a slate of advantages. But its age also has drawbacks – parti...

Two Breaches Contribute to Majority of Q3 Crypto Losses
Web3 bug bounty platform Immunefi has revealed that two specific projects were responsible for the majority of the $662,850,580 in losses fr...

Portugal Central Bank Favors Global Crypto Framework
Banco De Portugal chief Mário Centeno said on Monday that crypto regulations are unlikely to work without a global framework. He argued tha...

Aptos (APT) Founder Names Three Things That Could Attract a Billion New Crypto Users
The co-founder of Aptos (APT) is weighing in on what developments in the digital assets space could attract the next wave of mass adoption. ...