Search results for: #DeFi

News | 2 weeks ago
2 minutes read
Euler Finance Hack Costs DeFi Sector At Least $233 Million

Lending protocol Euler Finance suffered an exploit that resulted in hackers stealing over $196 million in crypto. Another 11 decentralized finance (DeFi) protocols were affected in the incident, losing a […]

Author: CoinsPaid Media Editor
News | 4 weeks ago
2 minutes read
Hackers Stole $21 Million from DeFi Protocols in February

Hackers conducted seven major attacks on DeFi protocols in February 2023, stealing more than $21 million. According to DefiLlama, hackers conducted seven massive exploits in the decentralized finance (DeFi) sector. […]

Author: CoinsPaid Media Editor
News | 1 month ago
< 1 minutes read
Cryptocurrencies in Russia, DeFi Vs. TradFi, and Crypto Events in March

The regulatory features of the cryptocurrency market in Russia, speculations about decentralized finance’s potential to fully replace traditional finance in the future, blockchain in the sports betting industry, and a […]

Author: CoinsPaid Media Editor
News | 1 month ago
2 minutes read
Deutsche Bank Works on DeFi Platform for Tokenized Securities

Deutsche Bank (DBK) in cooperation with Memento Blockchain successfully completed the proof-of-concept phase of Project DAMA, designed to create a DeFi platform for investing in tokenized securities. The proof-of-concept of […]

Author: CoinsPaid Media Editor
Columns | 1 month ago
5 minutes read
Is DeFi Really the Future of Finance?

DeFi. It’s a term thrown around as often as “Web3”, “NFT”, and “HODL”. Yet besides being a cool buzzword to slip into conversation and impress all your friends, it has […]

Author: Toby Raynsford
News | 1 month ago
< 1 minutes read
Stablecoins Will Boost DeFi and TradFi Integration

The Bank for International Settlements (BIS) identified key financial stability risks of DeFi and suggested a focus on regulating stablecoins, as their growing adoption could increase DeFi acceptance by members […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
SEC Attacks on Crypto Exchanges Could Negatively Affect DeFi Sector

The chairman of the U.S. Securities and Exchange Commission (SEC) revealed that the agency would continue regulating the industry through enforcement. Members of the cryptocurrency community voiced concerns over the […]

Author: CoinsPaid Media Editor
News | 2 months ago
< 1 minutes read
Risk-Weighted Asset Securitization Advances DeFi and TradFi Integration

The adoption of decentralized finance (DeFi) into traditional financial systems could grow in the coming years thanks to the development of risk-weighted asset securitization (RWA). According to a study by […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
DeFi’s TVL Reached $75 Billion in January 2023

The total value locked in smart contracts of various DeFi protocols grew by 27% in January 2023. The non-fungible token (NFT) segment also increased during the month. A monthly report […]

Author: CoinsPaid Media Editor
News | 2 months ago
2 minutes read
Ethereum Layer 2 Networks Grow Rapidly

On-chain data shows the rapid growth in user activity of the largest L2 protocols on Ethereum over the past three months. Their total TVL already exceeds 3.2 million ETH.  Analysts […]

Author: CoinsPaid Media Editor