Ethereum Liquid Staking Experiences Exponential Growth: $20 Billion at Stake
The liquid staking market on the Ethereum network has seen exponential growth, surpassing $20 billion in funds staked through liquid tokens (LST) this November 2023....
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.
Onyx Protocol Loses $2 Million in Ethereum After Being Victim of DeFi Exploitation
Decentralized finance (DeFi) project Onyx Protocol is in the spotlight after losing nearly $2 million worth of Ethereum due to an exploit....
Uniswap in the Sights of Whales Amid Possible Bull Run
Uniswap (UNI) is garnering attention among large investors known as ‘whales.’ A recent analysis suggests that UNI may be in a bullish position, supported by...
Telegram Bot Maestro Suffers an Exploit Attack and Refunds 610 ETH to its Users
Telegram Bot giant Maestro, faced an exploit attack on its Maestro Router 2 contract that left approximately 280 Ethereum at stake. This incident sparked an...
Safereum Scam: How a DeFi Project Pulled the Rug on Its Investors
Safereum, a crypto project that claimed to be a meme-based and security-focused platform, has been exposed as a scam after its developers allegedly drained over...
The Closure of Yield Protocol and Challenges in the DeFi Industry
The Decentralized Finance (DeFi) ecosystem has received the announcement of the closure of the Yield Protocol in the past hours. This platform, which once attracted...
Judge Dismisses Uniswap Lawsuit and Rules Ethereum as a Commodity
On August 30th, a case was dismissed by Judge Katherine Polk Failla. The case was brought by users of the Uniswap exchange who claimed to...
Why DeFi Trading Volumes Increased by 444% After SEC Sued Coinbase and Binance
The US Securities and Exchange Commission (SEC) has launched a series of lawsuits against major crypto platforms, accusing them of violating securities laws and putting...
How Hyped-Blockchain Canto Failed to Deliver on DeFi Promises
The decentralized finance (DeFi) sector has been one of the most promising and innovative areas of the crypto space in recent years. However, not all...
What You Need to Know About Lido DAO (LDO) V2 Version and 8% Increase
Lido DAO (LDO) is a decentralized autonomous organization, a liquid staking solution for Ethereum and other blockchains. Lido allows users to stake their tokens and...