DeFi News
Solana Reclaims $200 Amid Soaring TVL in DeFi
In recent weeks Solana (SOL) has been climbing the ranks of market cap and total value locked (TVL) among the top 10 protocols. The public b...
THORChain Token RUNE Up 70% Following Update Enabling ETH Trading
RUNE, THORChain’s native token, has been thriving in the DeFi market, up 70 percent following a network update that enabled Ether (ETH...
Solana’s SOL Pumps 25% in Two Days, Driven by Surge in DeFi and NFTs
Solana’s SOL token has pushed higher by up to 25 percent on the back of numerous bullish developments this week. By October 21, SOL was tr...
Polygon ‘Becoming Independent of Ethereum’ as dApps Grow 100x Over Past Year
Popular Layer-2 scaling solution Polygon is inarguably on a growth trajectory. The number of decentralisation applications (dApps) running o...
Axie Infinity Continues to Soar, Up 86% in a Month
Axie Infinity has been leading the P2E (Play-to-Earn) movement by becoming the highest-revenue generating game in the market, with over 1.8 ...
DeFi Total Value Locked Has Exploded This Year, Up 10x Since January
The DeFi (decentralised finance) sector has been one of the hottest topics in the crypto community this year, mainly because of its fast-pac...
Another Day, Another DeFi Hack: Indexed Finance ‘Incident’ Costs Users $16 Million
The decentralised finance (DeFi) platform Indexed Finance has suffered its first hack, bleeding two of its pools of an estimated US$16 milli...
Fantom Token Up 64% in a Week After Announcing Aave Support
Fantom blockchain is continually gaining ground in the decentralised finance (DeFi) space, given more projects are launching on the network ...
DeFi Protocol Compound Finance Looks to Restore Confidence by Passing Repair Bug
Compound Finance (COMP), the fifth-largest DeFi pool, has applied Proposal 064 to fix a bug in the distribution mechanism that has been plag...
SEC Chair Confirms It Has ‘No Plan to Ban Crypto’, Leaves It Up to Congress
US Securities and Exchange Commission (SEC) chairman Gary Gensler has confirmed the regulator has no intention of banning digital currencies...
Think the NFT Market is Overheated? Now You Can Short It
Singapore-based decentralised derivatives exchange SynFutures is launching NFTures, a product that will allow users to short, or bet against...
DeFi Deja Vu: $160 Million at Risk in Another Compound Finance Bug
Compound Labs has suffered a second major blow after another bug in the system was discovered. About US$162 million is up for grabs in what ...