Crypto Winter Hits the DeFi Ecosystem: Reaches the Lowest Level in Two Years!
The crypto winter has had a chilling effect on the DeFi ecosystem, causing the total value locked (TVL) in the…
PancakeSwap (CAKE) is Coming to the BASE Network! What is the BASE Network and Why is it Important?
We have seen many smart contract platforms enter our lives in the crypto world in 2023. BASE was one of…
1inch Network Launches Decentralized Exchange Aggregation Protocol on Base
We announced the news about Linea for PancakeSwap today. Shortly after that, 1inch news for Base arrived. DeFi platforms are…
Cypher Announces Recovery Plan After $1 Million Attack
Cryptocurrency trading platform Cypher has released a plan to recover from a $1 million attack and stated that it will…
Increasing Security Issues in the DeFi Ecosystem: Total TVL Drops Below $40 Billion
Recently, the decentralized finance ecosystem has suffered significant losses and a major blow due to the increasing security issues. The…
Ethereum DeFi Faces $288 Million Liquidation Risk as Price Drops
Thousands of cryptocurrency investors have fallen victim to mandatory liquidations following the recent market downturn. The price of the largest…
Over $1 Billion in Liquidations: Investors Suffer Heavy Losses in Crypto Market
Investors in the central cryptocurrency exchange suffered losses of over $1 billion due to forced liquidations during the recent downturn…
Compound Becomes the Latest DeFi Protocol Integrated into Coinbase’s Base Network
The decentralized finance (DeFi) lending protocol Compound (COMP) has been launched on Base, the new Ethereum Layer 2 network introduced…
MetaMask Enables Easy Crypto Buying and Selling with Banxa Partnership
Crypto investors have been lacking good news for a while, but now MetaMask fills that void. Users of the crypto…
The Revival of the DeFi Market: Total Value Reaches $45 Billion
The DeFi market, which plunged following the downturn on August 2nd in the cryptocurrency market, has regained its momentum and…
Treasure DAO Warns Users Against Social Media Attacks
Treasure DAO, a decentralized organization in the Arbitrum ecosystem, has warned its users on Twitter about fake airdrop announcements containing…
Crypto Expert’s Critical Warning: The Next Wave Will Grant Opportunities in This Area!
Kain Warwick, the founder of Synthetix (SNX), argued that the next wave of investors embracing cryptocurrencies will have the opportunity…
This Altcoin on the Ethereum (ETH) Network Has Reached a Critical Level!
Aave (AAVE), one of the most important projects of the Ethereum (ETH) network and the DeFi ecosystem, has recently…
Bloodshed Continues in DeFi Protocols: This DeFi Protocol Also Attacked, Funds Lost!
Attacks in the world of DeFi continue unabated, with yet another one added to the list. Today, the DeFi protocol…
Aave Launches Stablecoin GHO on Ethereum
Decentralized finance protocol Aave has launched a new stable cryptocurrency called GHO, which is pegged to the dollar, on Ethereum.…
Warning! This DeFi Protocol Announces Closure
While the crypto sector has experienced significant positive developments recently, it should not be overlooked that unfortunate incidents have also…
Major Defi Protocol Algofi Announces Cessation of Operations in Algorand Ecosystem
Algofi, the largest DeFi protocol in the Algorand (ALGO) ecosystem, recently announced that it would cease its operations. The DeFi…
Arbitrum-Based DeFi Protocol Rodeo Finance Falls Victim to Cyberattack
The decentralized finance (DeFi) protocol Rodeo Finance, based on Arbitrum, has been targeted in a cyberattack. Approximately 810.1 ETH, worth…
Ripple’s CTO Critiques Uniswap’s Centralization, Proposes Enhancements for V4 Engine
Leading a subsection of the Decentralized Finance (DeFi) ecosystem does not guarantee being labeled as a decentralized asset; Ripple's esteemed…
What is Decentralized Finance (DeFi)?
Decentralized Finance (DeFi) leverages Blockchain technology and smart contracts to remove the need for intermediaries in the traditional finance system,…
