DeFi News
SEC Warns More Charges Coming to Crypto Exchanges, DeFi
US Securities and Exchange Commission (SEC) Crypto Assets and Cyber Units head David Hirsch has confirmed the agency is pursuing action agai...
Avalanche Developer, Known for Minting Millionaires and Duds, Is Back With ‘WAGMI’ Tokens
We’re happy to announce that WAGMI Phase 2 rolls out today! After a long wait, we’re pleased to share that you can now swap your $ICE an...
Balancer Under Attack Again, Loses $238K in Latest DeFi Exploit
The decentralized finance (DeFi) protocol Balancer has been attacked in what appears to be the latest industry exploit. The protocol alerted...
U.S. SEC’s Crypto Enforcement Chief Warns More Charges Coming to Exchanges, DeFi
The regulator’s crypto enforcer made broad assertions that the SEC has more in store for the crypto industry. Still, David Hirsch ackn...
Base Onchain Assets Surpass Solana as Friend.tech, DeFi Activity Surge
Coinbase-incubated Base has overtaken Solana to become the ninth-largest blockchain by total value locked (TVL). According to DeFiLlama data...
Synthetix Founder Kain Warwick Says US Courts Will Sort Out Crypto Regulation Battles – Here’s Why
Synthetix (SNX) founder Kain Warwick thinks it is nearly impossible for decentralized finance (DeFi) projects to avoid regulatory risk in th...
Elliptic Details Evolution of ‘Crypto Crime Displacement’ in Latest Research
The crypto ecosystem is constantly changing, and a new form of malfeasance has emerged: cross-chain crime. This criminal method, which invol...
Ethereum’s Daily Active Addresses Crosses 1 Million, Overtaking Bitcoin
Recent data shows strong growth in daily usage of the Ethereum network. Regarding the number of daily active addresses, Ethereum has even su...
US Commodities Regulator Shouldn’t Launch Enforcement Actions Against DeFi Protocols, Says Coinbase CEO
Coinbase CEO Brian Armstrong says the U.S. Commodity Futures Trading Commission (CFTC) shouldn’t be issuing warnings against decentralized...
Coinbase Inadvertently Earned $1M Due to Hack, but Hasn’t Reimbursed Victims
Coinbase received 570 ETH, the second-largest payout tied to MEV in Ethereum’s history, to process transactions related to the Curve explo...
Coinbase CEO: DeFi Projects Should Take Regulators to Court to ‘Establish Precedent’
Coinbase CEO Brian Armstrong has taken to Twitter to urge DeFi projects to “establish precedent” by going to court with the Commodity Fu...
Brian Armstrong Expresses Concerns Over CFTC’s DeFi Enforcement
Coinbase CEO Brian Armstrong vehemently opposes the United States Commodity Futures Trading Commission (CFTC) taking legal action against de...