The Catalysts Behind A Potentially Brewing DeFi Summer
The contraction phase of the cryptocurrency market cycle appears to be coming to an end. Led by a recovery in...
DeFi
Algorand’s Biggest DeFi Project AlgoFi Set To Shut Down
Algorand’s largest DeFi protocol, Algofi, has announced it will be shutting down in the coming months. According to a blog...
European Trade Body Advocates For Inclusion Of DeFi In MiCA Regulation
The Association for Financial Markets in Europe (AFME) has raised concerns about the exclusion of decentralized finance, or DeFi, from...
Encryption A.l Developer Rug Pulls $2 Million To Repay A $300,000 Crypto Gambling Debt
A 22-year developer behind Encryption A.l, a cryptocurrency project, has rug-pulled users of roughly $2 million ahead of the platform's liquidity...
Jump Trading Accumulating DeFi Tokens, Including LDO, PERP, and MASK
On-chain data by LookOnChain, an analytics platform, shows that Jump Trading, a quant trading firm, has rapidly accumulated several decentralized finances...
Maverick Protocol Announces $9m Funding Round, Backed By Binance And Coinbase
Maverick Protocol, a provider of Decentralized Finance (DeFi) infrastructure, has completed a funding round, raising $9 million. Founders Fund, an...
Uniswap V4 Is ‘Open Source’ – Why Are Developers Complaining?
Uniswap, a popular decentralized exchange (DEX), unveiled its fourth version which, while feature dense, has sparked complaints among developers who...
Hacker Exploits Sturdy Finance, Drains $800,000 From The Lending Protocol
DeFi lending protocol, Sturdy Finance has lost nearly $800,000 in ETH to an attack. The protocol confirmed the incident in...
