DeFi

FATF Downgrades Russia Over Crypto Regulation Gaps

The Financial Action Task Force (FATF) has recently downgraded Russia's rating due to the country's inadequate regulatory measures in the cryptocurrency sector. This decision...

Revolutionizing: OKX Integrates Uniswap for Gas-Free Transactions

OKX, a leading cryptocurrency exchange, has taken a significant leap forward by incorporating Uniswap Labs' application programming interface (API) into its decentralized exchange (DEX)....

KyberSwap Security Breach Leads to Major Ether Transfer

KyberSwap, a decentralized exchange (DEX), recently encountered a significant security breach, with the hacker transferring $2.5 million in stolen Ether to the Ethereum network....

Decentralized Finance’s Remarkable Recovery: TVL Surges to $80 Billion

Decentralized finance (DeFi) has witnessed a significant resurgence, with the total value locked (TVL) soaring beyond the $80 billion mark. This marks a notable...

Jimbos Protocol Hit by DeFi Hack, Losing 4,000 ETH

Jimbos Protocol, a decentralized finance (DeFi) protocol in the crypto industry, has recently joined the growing list of hacked DeFi platforms. The hack, which...

The Decentralization of Finance: How De-Fi is Changing the Game with NFTs?

Decentralized Finance, commonly known as De-Fi, is one of the most disruptive technological innovations of recent years. It is a system that leverages blockchain...

Sberbank Launches Decentralized Finance Platform in Russia

Sberbank, Russia's largest bank, is making progress with its plan to launch a decentralized finance (DeFi) platform. The bank intends to trial the product...

BonqDAO Hacked: $120 Million Stolen in DeFi Attack

As a result of the vulnerabilities that are inherent in the smart contract, the DeFi business has been subject to a variety of attacks....