DeFi

ZachXBT Exposes Scam Ring Behind Multiple DeFi Rug Pulls

In a significant revelation, pseudonymous blockchain investigator ZachXBT has alerted the crypto community about a group of scammers responsible for multiple decentralized finance (DeFi)...

Uniswap Faces SEC Action: A Shift in Regulatory Stance?

The U.S. Securities and Exchange Commission (SEC) has recently issued a Wells notice to Uniswap, sparking debates and concerns over a potential shift in...

Decentralization: SushiSwap Votes on Transition to Labs Model

In a recent development that could redefine its operational structure, decentralized exchange SushiSwap has seen its community preliminarily vote in favor of adopting a...

U.S. Treasury Proposes Bold Measures to Tackle Crypto Crime

In a recent testimony before the Senate Banking Committee, U.S. Deputy Treasury Secretary Adewale Adeyemo highlighted the Treasury Department's concern over the use of...

Avi Eisenberg’s $110 Million DeFi Fraud

Avi Eisenberg, a notable figure in the crypto trading world, is set to stand trial in a case that will scrutinize his actions against...

ParaSwap Announces Compensation for Hack Victims from Treasury Funds

In a commendable move by the decentralized finance (DeFi) community, the ParaSwap decentralized autonomous organization (DAO) has taken decisive action to compensate the victims...

Uniswap Leads the DeFi Charge with $2 Trillion in Trades

In a remarkable achievement for the decentralized finance (DeFi) sector, Uniswap, a leading decentralized exchange (DEX), has eclipsed $2 trillion in cumulative trading volume....

Pendle Finance’s Explosive Growth: A New Leader Emerges in DeFi Yield Space

Pendle Finance has made headlines with an astonishing leap in its Total Value Locked (TVL), soaring to an impressive $3.97 billion. This surge, detailed...

DappRadar Report Reveals Surge in DApp Wallets to 7M

The decentralized application (DApp) and Web3 sector have shown remarkable growth in the first quarter of 2024, according to a recent report by DappRadar....

Aave Adjusts DAI Risk Settings in Response to MakerDAO’s Expansion Strategy

In a strategic move to mitigate potential risks associated with MakerDAO’s aggressive expansion of DAI through its D3M strategy, Aave has put forward a...

Crypto VC Investments Surge Over 50% in March, Fueled by Infrastructure and DeFi Projects

March witnessed a remarkable surge in venture capital investments into the cryptocurrency sector, with a more than 52% increase compared to the previous month....

Ethena’s Growth Soars with MakerDAO’s $600 Million Injection into Stablecoin Ecosystem

In a significant move for the decentralized finance (DeFi) sector, MakerDAO, the decentralized autonomous organization behind the Ethereum-based blockchain protocol, is set to boost...