On-chain analytics showed that the volume of funds exchanged in the DeFi ecosystem fell to $52.8 billion in August 2023, down 15.5% from July. A drop in TVL to $37.5…

The DeFi development team has unveiled Seamless Protocol, a decentralized liquidity marketplace on Ethereum’s L2 network Base. The protocol enables collateral-free lending thanks to the innovative concept of Integrated Liquidity…

Liquid staking protocols were the largest category in the decentralized finance (DeFi) sector in H2 2023. About 24% of the total value locked (TVL) volume is in LSTfi protocols. According…

A study found that about 56% of ERC-20 tokens underwent suspicious manipulation before being listed on the three largest centralized cryptocurrency exchanges (CEXs).  Cybersecurity firm Solidus Labs conducted an extensive…

More than $208.5 million in decentralized finance (DeFi) was lost to hacking and fraud in the second quarter of 2023. Some of the money was recovered, but the total loss…

Betting project UBET will launch a decentralized exchange (DEX) on the Polygon network in July. UBET Sports will use automated market maker (AMM) algorithms to determine betting odds. The UBET…

Key Elements of DeFi on Betting Platforms DeFi brings revolutionary changes to the field of sports betting, giving bettors complete transparency and control over liquidity and greatly expanding their options…

Total value locked (TVL) in the liquid staking protocols sector exceeded that of the decentralized crypto exchange (DEX) sector.  The dollar value of all cryptocurrencies locked within smart contracts of…

His Majesty’s Revenue and Customs is consulting with users and providers of lending and staking services to make legislative changes to the DeFi sector tax regime. The U.K. government is…

One of the largest U.S. credit bureaus, TransUnion, will provide credit scoring for users of public blockchain networks, including Web3 applications and decentralized finance (DeFi) platforms.  TransUnion, one of the…