Value Locked In Defi Declines By $5.7 Billion Within 5 Days
Since August 14th, 2022, there has been an 8.53% decline in the total value locked (TVL) in the DeFi space in a span of 5 days. The TVL of the Continue Reading →
Category: DeFi (Decentralized Finance)
DeFi Users Must Remain Cautious When Making Transactions, Says Thai SEC
The Thai Securities and Exchange Commission has recently intimated the entire decentralized finance (DeFi) community in the country to remain cautious when processing such transactions. The Thai SEC has advised Continue Reading →
Depegging DAI from DAO Is a Strong Consideration, Says Founder of MakerDAO
Rune Christensen, the founder of MakerDao has recently asked the community members to make a decision regarding DAI’s depegging. DAI’s Depegging DAI is a USD-pegged stablecoin backed by Maker (MKR) Continue Reading →
DeFi Companies Yearn Finance and Iron Bank Join Layer 2 Protocol Optimism
On Tuesday, decentralized finance (DeFi) lending and borrowing platforms based on Ethereum, Yearn Finance, Homora and Iron Bank all joined Optimism, the lawyer 2 network. The reason for joining the Continue Reading →
Chainalysis says Crypto Hacks Rise with DeFi the Hot Target
Blockchain analysis firm Chainalysis published a blog post in which it said that there had been a 60% increase in the losses occurring because of cryptocurrency hacks. These had happened Continue Reading →
Defi Protocol’s Stablecoin Depegs After Exploit
2022 has seen a number of stablecoins breaks, as a myriad of them that were pegged to the US dollar ended up getting depegged from their value. August 14th saw Continue Reading →
