News

Section

DeFi

43 stories · page 4

DeFi 2 min

DeFi’s Remarkable Growth Mirrors 2021 Bull Market

The Decentralized Finance (DeFi) sector has witnessed substantial growth, both in terms of total value locked (TVL) and exchange volume, drawing parallels to the explosive bull market of 2021. With daily volumes…

DeFi 2 min

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 underscores growing concerns over Russia’s ability to monitor…

DeFi 2 min

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. This incident has sparked concerns over the safety…

DeFi 2 min

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 occurred on the morning of May 28, resulted…