Tag: DeFi
News about the decentralized finance sector
Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks
Reading Time: 2 minutes San Francisco, California, February 28th, 2024, Chainwire Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks. Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just […]
Sui Revealed as Top Destination for DeFi Inflows Over the Last 30 Days
Reading Time: 3 minutes Grand Cayman, Cayman Islands, February 15th, 2024, Chainwire Wormhole data shows nearly $310 million in assets bridged from Ethereum to Sui over the last month — more than all other […]
Enhancing DeFi: Equalizer Introduces New Meta Aggregator and Airdrop Explorer Services
Reading Time: 2 minutes Road Town, British Virgin Islands, February 6th, 2024, Chainwire Equalizer Elevates Their DeFi Platform with Launch of DEX & Bridge Aggregator and Airdrop Explorer Features In a significant leap forward […]
Lif3 Accelerates DeFi Adoption and Innovation with BitFinex Listing
Reading Time: 4 minutes Roadtown, British Virgin Islands, January 25th, 2024, Chainwire Followed by LIF3’s Token Migration to Ethereum Network for Enhanced Market Accessibility Today, $LIF3 (pronounced Life), a ground-breaking and complete omni-chain DeFi […]
Algotech Presale Raised $1.1 Million In 2 Days And is Transforming the DeFi Landscape
Reading Time: 2 minutes London, United Kingdom, January 24th, 2024, Chainwire Algotech (ALGT) is revolutionizing cryptocurrency trading with its advanced decentralized algorithmic trading platform, disrupting traditional manual trading methods. By utilizing cutting-edge algorithms and […]
Sui Tops $300M in TVL, Passes Bitcoin and Joins Upper Echelon of DeFi Protocols
Reading Time: 2 minutes Grand Cayman, Cayman Islands, January 16th, 2024, Chainwire 2000% increase in TVL and superior technology are causing builders to choose Sui, most recently, top lending protocol, Solend. Sui, a leading […]
BitMart Lists Zero-Knowledge DeFi Pioneer Panther Protocol’s $ZKP
Reading Time: 2 minutes Gibraltar, Gibraltar, December 12th, 2023, Chainwire Panther Protocol is excited to announce its $ZKP listing on BitMart, a leading cryptocurrency exchange operating in over 180 countries. This listing is part […]
Sui Joins DeFi Leaders, Topping $100M in Bridged USDC
Reading Time: 2 minutes GRAND CAYMAN, Cayman Islands, December 7th, 2023, Chainwire Only 7 months from the network’s launch, Sui is bridging more USDC liquidity than multiple native chains Sui, the groundbreaking Layer 1 […]
KyberSwap to Give $48M in Compensation to Hack Victims
Reading Time: < 1 minute The team of decentralized exchange KyberSwap will be offering grants from their project funds to users who were affected by the $48.8 million hack in November.
JPMorgan: DeFi and NFTs Are Reviving
Reading Time: < 1 minute Recent developments have brought some positive signals for DeFi and NFT market.
Sui Surpasses $150M in TVL, Showcasing Blistering DeFi Momentum
Reading Time: 2 minutes Grand Cayman, Cayman Islands, November 30th, 2023, Chainwire Sui, the pioneering Layer 1 blockchain and smart contract platform created by the technology team that emerged from Meta’s Diem Blockchain project, […]
Aave Suspends Some Operations Due to a Vulnerability
Reading Time: < 1 minute After discovering a vulnerability, the Aave DeFi protocol has temporarily suspended some operations.
DeFi Projects on Ethereum Network Accumulate $22B in Crypto
Reading Time: < 1 minute The majority of decentralized finance protocols, around 75%, are being used on the Ethereum network.
EU Authorities Believe DeFi Market Is Not a Threat for Financial Stability
Reading Time: < 1 minute According to a report published by the European Securities and Markets Authority (ESMA) last week, there is no perceived risk to the EU financial stability from the DeFi (decentralized finance) market.
Tether Suspends USDT Tranfers to Fiat and DeFi Project from Singapore
Reading Time: < 1 minute Cake, a DeFi protocol based in Singapore, has announced that Tether will no longer be converting its stablecoin into US dollars.
Premia Blue, the Future proof DeFi Options Exchange, is now live on Arbitrum
Reading Time: 3 minutes Road Town, British Virgin Islands, September 13th, 2023, Chainwire Premia Blue, the first-of-its-kind DeFi options exchange, is now live on Arbitrum. Designed for traders and liquidity providers across all experience […]
Octav Raises 2.65 Million To Help Label DeFi Transactions
Reading Time: 3 minutes Montreal, Canada, September 12th, 2023, Chainwire Octav, a DeFi labeling and tax reconciliation platform, raised a $2.65 million seed to help label the DeFi ecosystem and be the “Quickbooks of […]
Eco Protocol Launches Beam Wallet for Optimism and Base Networks
Reading Time: < 1 minute The team of DeFi project Eco Protocol has unveiled the Beam crypto wallet for payments on the Ethereum L2 networks – Optimism and Base from Coinbase.
Struct Finance Transforms DeFi Landscape on Avalanche With the Launch of Tranche-based BTC.B-USDC Vaults
Reading Time: 3 minutes Tortola, British Virgin Islands, July 12th, 2023, Chainwire In its ongoing journey to reshape the crypto investing landscape, Struct Finance, a DeFi platform that enables investors to engage with tailored […]
Study: Gaming Industry is Ahead of DeFi and NFT Markets
Reading Time: < 1 minute According to a new study from DappRadar, the gaming industry is leading the blockchain economy and is far ahead of the DeFi decentralized finance market and the NFT ecosystem.
Europe Warns Against Exclusion of DeFi Sector from MiCA Regulation
Reading Time: < 1 minute AFME has called on regulators to keep DeFi services within the MiCA regulatory framework in order to protect market integrity, financial stability, and end users while promoting financial and technological innovation.
Singapore Considers Aspects of Tokenization and DeFi Protocols
Reading Time: < 1 minute The MAS has presented a report summarizing an initiative to assess tokenization and DeFi’s compliance with international standards.
ERD DeFi Lending Platform and USDE Stablecoin Unveiled at EDCON 2023
Reading Time: 3 minutes Podgorica, Montenegro, June 9th, 2023, Chainwire At EDCON 2023 in Montenegro, the Ethereum Reserve Dollar (“ERD”) team introduced their innovative decentralized lending platform and USDE stablecoin to the industry. ERD […]
Ede Finance Developers Confess Price Manipulation as a Result of Hack
Reading Time: < 1 minute The project team admitted to their manipulation and promised to return the stolen funds to the hacker, minus 10%.
TRM Labs Says Hacker Damage Reduction is Due to Sanctions Against Mixer Tornado Cash
Reading Time: < 1 minute The first quarter of 2023 saw a marked decrease in the amount of damage from hacks of DeFi protocols.