DeFi News
WhaleFarm Token Crashes 99% in Another DeFi Rug Pull
Another project with high-yield promises and an anonymous team has pulled the rug on its investors, stealing over US$2.3 million. On 29 June...
Australia’s Tracer DAO Raises A$6 Million To Build Derivatives Trading Platform
Australian trading platform Tracer DAO has raised US$4.5 million (A$6m) in a strategic round backed by various crypto companies, including M...
Australia Urged to Launch CBDC ASAP as Digital Landscape is Changing Quickly
The rapidly changing global digital landscape means worldwide banks and regulatory bodies are looking to either regulate cryptocurrencies in...
Mark Cuban Calls for DeFi Regulation After DeFi Token Collapses from $65 to $0.00000003
A DeFi token called TITAN has dropped to almost zero in price after suffering a bank run this week, plunging from US$65 to 0.00000003. Mark ...
Switzerland Bank to Offer DeFi Yield and Lending With Ethereum
Switzerland’s Sygnum Bank will allow investors to dive into the decentralised finance world by launching custody and trading for several D...
Project DeXe Provides Crypto Traders with DeFi Copy Trading
A new entrant into the crypto copy trading market, DeXe Network offers what it calls the “world’s first” decentralised social ...
13-Year-Old Programmer Codes DeFi Project, Now Managing $1 Million in Crypto
Gajesh Naik designed a Decentralised Finance (DeFi) protocol that now manages around US$1 million in cryptocurrency – and he’s o...
Amazon Is Hiring Blockchain Experts To Expand into DeFi
A job ad from Amazon, America’s largest digital retailer, has hinted at the company’s move into the decentralised finance (DeFi) market....
Solana is Raising Up To $450 Million to Challenge Ethereum
Solana is challenging Ethereum’s lion’s share of the decentralised applications market after rumours emerged it will receive a f...
Decentralized Exchanges Record Over $161 Billion ATH Volume in May
Cryptocurrency trading volume across decentralized exchanges (DEXes) reached an all-time high above US$161 billion in the past month, accord...
Thailand’s SEC Seeks to Regulate Decentralised Finance Projects
Thailand’s Securities and Exchange Commission (SEC) has flagged that decentralised finance (DeFi) needs to be regulated and future pro...
Total Value Locked on Ethereum DeFi Protocols Rose by 7,104% Since 2020
Decentralized Finance (DeFi) space on Ethereum has been gaining traction since the past year, despite some projects having left the network ...