According to a Mar. 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9...
The exposure of USD Coin (USDC) reserves to collapsed banking entities in USA is too low to put the second largest stablecoin in trouble, researcher says....
The asset-oriented blockchain Radix is looking to grow its ecosystem with the establishment of its official Radix Grant Program. It’s accepting applications now from any developer’s who’re serious...
$700,000 worth of funds has been drained from BNB Chain-based decentralized finance (DeFi) protocol LaunchZone, with the project alleging an attacker carried out an exploit. Details...
The rapid downfall of FTX has hastened the shift from centralized exchanges (CEXs) to decentralized exchanges (DEXs), but selecting the right DEX is not an easy task. Besides...
There have been many crackdowns on the crypto space by regulators. Some of the recent ones involved Kraken, Coinbase, and Paxos. These cases were linked to...
Blockchain bridges allow decentralized finance (DeFi) users to use the same tokens across multiple blockchains. For example, a trader can use USD Coin USDC $1.00 on the...
The Financial Stability Board (FSB), the financial regulator funded by the Bank for International Settlements (BIS), is pushing international regulations for decentralized finance (DeFi). The FSB...
Bitcoin is the world’s largest and most popular cryptocurrency, and the protocol is known for its decentralized nature and secure transactions. However, despite its widespread adoption,...
The popularity of liquid staking derivatives (LSDs) has increased significantly in recent months resulting in a surge in cash flow in DeFi. LSDs are a relatively...
