DeFi News

Loopscale has temporarily paused most of its operations following an exploit that resulted in approximately $5.8 million in losses.

Yemen, a country long ravaged by civil war and economic instability, has witnessed cryptocurrencies quietly becoming essential lifelines. 

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The sector’s rapid expansion gained momentum after the April 2024 Bitcoin halving, which introduced the Runes protocol.

The DeFi sector reports lack of institutional players, largely due to privacy concerns and unclear regulations.

Linear Finance, a decentralized finance (DeFi) protocol, has shut down because of ongoing financial problems

Donald Trump is expected to sign a resolution that will strike down a regulation requiring DeFi protocols to report transactions to the IRS.

Pump.fun has launched its own DEX, dubbed PumpSwap, with the goal of becoming the go-to trading venue for Solana memecoins.

The U.S. House has voted decisively to repeal a controversial IRS rule that would have forced DeFi platforms to disclose transaction details.

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The decision effectively nullifies a regulatory framework that would have mandated DeFi protocols to report crypto transactions to IRS.

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IRS has thrown the DeFi industry into turmoil with its recently finalized reporting rule that designates DeFi front-ends as brokerages.

November witnessed a significant boost in Solana decentralized application (DApp) ecosystem, driven by a surge in memecoin activity.

World Liberty Financial (WLFI) has been aggressively acquiring crypto assets this December, nearing a total spend of $45 million.

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