DeFi

April 05, 2024

Paradigm leads $20M funding round for Ellipsis Labs’ DeFi expansion

Ellipsis Labs, a prominent developer in the crypto exchange sector, has successfully raised $20 million in Series A funding, with Paradigm leading the investment round.   […]
March 27, 2024

Ripple’s XRPL blockchain plugs into cross-chain DeFi

Ripple’s XRPL blockchain is set to unlock a myriad of decentralized finance (DeFi) capabilities with the introduction of its natively built automated market maker (AMM) protocol, […]
March 26, 2024

Osmosis, dydx and Synthetix most actively developed DeFi projects: Santiment

Osmosis, a decentralized exchange on Cosmos, has witnessed a remarkable surge in development activity, emerging as the most actively developed DeFi project recently.   Data shared […]

DeFi fund, Texas apparel company sue to defend airdrop against SEC

Texas-based clothing company Beba, led by African immigrants, has joined forces with the DeFi Education Fund to challenge potential actions by the U.S. Securities and Exchange […]
March 13, 2024

Maker’s ‘Endgame’ readies launch, aims for 100B DAI to take on Tether

MakerDAO, a decentralized finance (DeFi) protocol, is gearing up for its highly anticipated “Endgame” transformation. Co-founder Rune Christensen has outlined a five-phase plan aimed at scaling […]
March 11, 2024

DeFi protocol Unizen to provide ‘immediate reimbursement’ after $2.1M hack

Decentralized finance (DeFi) protocol Unizen swiftly reacted to a compromise on its platform, committing to reimburse users who lost up to 750,000 units, striving to restore […]
March 01, 2024

SEC’s Hester Peirce wants more decentralization in the financial system

At the ETHDenver conference on Feb. 29, United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce, also known as “Crypto Mom,” emphasized the importance of […]
February 29, 2024

Seneca stablecoin hacker returns stolen funds after $6.4M exploit

In a recent development, the stablecoin protocol Seneca fell victim to an exploit, resulting in the theft of approximately $6.4 million in digital assets. This incident, […]

Decentralized lending platform Seneca exploited for $6.4M

Seneca Protocol, a decentralized finance (DeFi) lending platform and stablecoin issuer, has fallen victim to an exploit, resulting in estimated losses of $6.4 million. The incident, […]

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