Tag: DeFi

TradeFlow Blockchain is welcoming Spiros Margaris to the advisory board. The Company aims to achieve global growth, and awareness and to accomplish this target, the team has to work with the Best Global Experts. Tradeflow Cryptocurrency (TFLOW) is a DeFi project on the Binance Smart Chain. The team is designing a platform that will offer […]

One of the most commonly faced issues with DeFi 2.0 is liquidity locking. The current chain usually involves a process wherein there is an asset for which a liquidity pair (LP token) is formed, and the LP token is then staked in a yield aggregator. Around this point, the investor’s only option with the locked-up […]

Investing in cryptocurrencies has brought wealth to many households. Yet, when you see the crypto market going red, it can make you worried about your investment future. But isn’t low prices the best time to buy? Ethereum (ETH) and Terra (LUNA) are great choices to invest in and don’t forget to take advantage of the […]

During his speech on the first day of this year’s Binance Blockchain Week, Charles Hoskinson, the founder of Cardano, talked about several important aspects of Binance and Web3. Notably, the conference was held at the Dubai World Trade Center in the United Arab Emirates. Hoskinson raised several key questions Hoskinson used his keynote speech to discuss topics […]

With the increasing participation of people in DeFi or Decentralized Finance, regulators all over the world are increasingly trying to understand and regulate the emerging industry by conducting research and studies. On Thursday, the International Organization of Securities or IOSCO published a report on DeFi aimed to give a better perspective to the industry and highlight some areas of […]

Parallel Finance, a Polkadot-based lending system, is attempting to become a one-stop destination for all aspects of decentralized finance (DeFi). This initiative gained traction on Friday with the inaugural release of six DeFi-related products, notably, wallet, staking, crowdloans, cross-chain bridges, automated market maker, and yield farming. We have officially initiated the rollout of our HKO […]

Decentralized Finance or DeFi lending protocol projects Agave and Hundred Finance has faced a “re-entrancy” attack with the attacker making around $11 million in the form of wrapped BTC (wBTC), wrapped ETH (wETH), Chainlink (LINK), Gnosis (GNO), USD Coin (USDC), and wrapped XDAI (wxDAI) The incident comes just 24 hours after the Deus Finance exploit was revealed, […]

Fantom Foundation technical advisor and Year.finance founder Andre Cronje had recently left the DeFi space after deactivating his Twitter account. His colleague Anton Nell revealed this Sunday through a tweet that he and Cronje are leaving the space altogether. https://twitter.com/AntonNellCrypto/status/1500405473337565191 The news spread like wildfire resulting in panic among investors who were concerned about the fate of around 25 […]

Famed decentralized finance (DeFi) detective Zachxbt, who is known for its interesting revelation every now and then, recently said that non-fungible token (NFT) projects may be exposed to risks associated with a “suspicious” smart contract code. On Tuesday, while writing on a Twitter thread, the DeFi detective first raised the problem in the NFT project […]

This week has seen tons of regulatory actions in the crypto industry, along with the market going up and blooming hopes. We at TheCoinRise are here to summarise it for you. Bitcoin is currently up by more than 9% on the daily chart, notably the founder of investment firm SkyBridge Capital, Anthony Scaramucci, predicted that it will […]

Hester Peirce, a Commissioner with the United States Securities and Exchange Commission (SEC) has warned that a new rule being proposed by the markets regulator could have a huge impact on crypto-focused protocols particularly those in the decentralized finance (DeFi) world.  Global media publication Bloomberg reported earlier that the proposed rule from the SEC which […]

Decentralized Finance (DeFi) lending as a utility platform, Qubit Finance has suffered an exploit in its bridge facility with a total of 206,809 Binance Coin (BNB), worth $77.9 million, carted away by the hacker. According to the update shared by the protocol, the attack was targeted at the QBridge system, with the hacker exploiting a […]

Hayden Adams, the co-founder and Chief Executive Officer of Uniswap decentralized exchange has called out American banking giant, JPMorgan Chase & Co for closing down his bank accounts. Taking to Twitter to express the displeasure, Hayden noted that the bank took down his accounts without offering any form of explanation, a move that further showcased […]

Hong Kong-based Animoca Brands has hit a $5 billion valuation milestone following its recent investment round where it raised $358.88 million. This valuation is notably more than double the massive treasury growth of $2.2 billion it attained back in October last year when it completed a $65 million round as of then.  This latest investment […]

Popular cryptocurrency trading platform and wallet service provider, Crypto.com is taking all precautions as some of its user’s accounts might have been exposed unduly. As unveiled by the exchange on its official Twitter profile, some of its users are reporting suspicious activities on their accounts, with a few having suffered one form of loss or […]

According to research by blockchain security company CertiK, decentralized finance (DeFi) may not be “decentralized” enough since attackers used centralized weak spots to rob users of billions of dollars in 2021. CertiK researchers noted that the centralization vulnerabilities were the most prominent attack vector within DeFi in a recent analysis on the status of security in […]

As per the data by DeFi Llama, the total value locked, or TVL, in decentralized finance (DeFi) has risen to $250 billion as 2021 draws to a close, with the majority of activity taking place on Ethereum. While the tremendous growth of the business is reflected in TVL valuations, Charles Hoskinson, the founder of Cardano […]

The security promise of blockchain systems is real, but not enough to cost the overall ecosystem an enormous loss worth over $9.8 billion in the 2021 calendar year. According to Slowmist data, the nascent industry is still predisposed to a number of security woes ranging from hacking to wallet exploits amongst others, and the loss […]