DeFi News – Decentralized Finance & Crypto
FTT, the native token of the now-bankrupt crypto exchange FTX is in free fall again. However, the latest slip is not as catastrophic as November last year when the exchange’s Continue Reading →
The oldest and the largest blockchain Bitcoin uses a PoW (proof-of-work) consensus mechanism, meaning it is secured by mining. However, the newest blockchains have adopted an alternative mechanism called PoS Continue Reading →
According to Dune data, the cumulative volume for taking loans against NFTs reached $1 billion this week. The data indicate that top NFT liquidity providers BendDAO and NFTfi, along with Continue Reading →
This week, Ethereum’s most awaited Shanghai upgrade will be completed, enabling stakers to withdraw their ETH from the blockchain and essentially bringing to a close the network’s two-year transition to Continue Reading →
Over the weekend, Decentralized exchange Sushiswap became the latest victim of hacks after its ‘RouterProcessors2’ contract got exploited, with the attacker draining more than $3.3 million in ETH from one Continue Reading →
According to data from DeepDAO, the cumulative amount of funds across all decentralized autonomous organizations (DAOs) reached a new high of $25 billion last week, up from $10.3 billion hit Continue Reading →
