Instadapp Announces Rebranding and New Strategies to Drive Fluid’s Growth
TL;DR Instadapp proposes a rebranding and changing its name to Fluid, with the conversion of INST tokens to FLUID 1:1, with no dilution for current...
Category : DeFi
Decentralized Finance News (DeFi)
Decentralized Finance (DeFi) is a completely revolutionary concept for the traditional financial system.
DeFi implies that there is no control by any government or financial entity over the finances of individuals. In this case, it is the community itself that regulates itself, setting its own rules, conditions and sanctions.
The DeFi world is growing day by day and more and more projects are being launched in this space.
Keep up to date with all the news about DeFi in this section of The Cryptocurrency Post.
Binance Labs Backs Brevis to Advance Verifiable Off-Chain Computing in Web3
TL;DR Binance Labs invests in Brevis, a platform that enables verifiable calculations on historical blockchain data. Brevis powers smart contracts with advanced off-chain processing capabilities....
Delta Prime Hacked Again. What Happened?
TL;DR Delta Prime, a DeFi project, suffered a second hack in less than two months, with estimated losses of $4.5 million, bringing the total to...
Swell and MEXC Airdrop: Win 800,000 SWELL and 20,000 USDT
TL;DR MEXC and Swell Network launch airdrop event with 50,000 tokens as prizes. A grand prize of 800,000 SWELL and 20,000 USDT is offered for...
Jito and Solana Surpass Ethereum in Fee Revenue
TL;DR Jito and Solana have outpaced Ethereum in fee revenue over a 24-hour period. Jito has generated $2.79 million and Solana $2.45 million, compared to...
Radiant Capital Sets New Standards in DeFi Security After Recent Incident
TL;DR Radiant Capital conducts post-mortem after security incident, encouraging improvements in the DeFi industry. Influential industry figures highlight the need to strengthen operational security. Renzo...
Magnetic X Defends Against DDoS Attack on XRP Ledger
TL;DR Magnetic X successfully repelled a DDoS attack. The platform has strengthened its security without giving in to the attackers’ demands. The exchange remains committed...
Uniswap Drives DEX Trading Volume Surge to $544 Trillion
TL;DR Uniswap’s Dominance: Uniswap has driven DEX trading volume to an incredible $544 trillion, thanks to its Layer 2 solutions enhancing scalability and reducing transaction...
Radiant Capital Hacked, Exposing Security Flaws and Causing a $50 Million Loss
TL;DR Radiant Capital suffered an attack resulting in the loss of over $50 million due to flaws in its multisig configuration. The vulnerability allowed transactions...
World Liberty Financial Begins Its KYC Verification Process Backed by the Trump Family
TL;DR World Liberty Financial, backed by the Trump family, initiates the KYC verification process on its official website. The WLFI governance token will be accessible...