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Uniswap fee reward mechanism proposal boosts its earnings beyond Bitcoin
Uniswap has outpaced Bitcoin in fees paid by crypto traders for over a week, with the DEX surpassing Bitcoin on Feb. 14 According to data from Cryptofees, Uniswap raked in […]
Singularity attracts $2.2 million to develop KYC-compliant DeFi platform for institutions
Singularity Network, a protocol catering to institutional investors seeking confidential access to DeFi, raised $2.2 million in its second funding round that concluded in late 2023, according to a Feb. […]
Abracadabra Finance’s MIM stablecoin falls from peg after $6.5M hack
Digital assets associated with the decentralized finance (DeFi) project Abracadabra Finance, including its Magic Internet Money (MIM) stablecoin, values fell after its team confirmed an exploit of the platform. In […]
Hacked crypto funds falls 98% YoY to $1.9 billion as US leads attacks: Report
In 2023, the blockchain security landscape witnessed a $50 billion drop in lost crypto assets, depicting a shift towards enhanced security protocols and the maturation of the DeFi ecosystem. According […]
DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence
The decentralized finance (DeFi) ecosystem has hit a significant milestone as the total value of assets locked (TVL) surpassed $60 billion, marking a return to levels last seen in August […]
Starknet-based zkLend announces ZEND token, reveals ambitious 2024 roadmap
zkLend, a money market protocol built on the Ethereum layer2 network Starknet, is preparing to launch its native ZEND token this year to enhance its platform’s utility. In a Feb. […]
US Treasury report finds crypto use in illicit financial activity remains small but growing fraction of total flows
The U.S. Treasury Department said on Feb. 8 that its latest risk assessments show that virtual assets currently represent a small fraction of total money laundering flows compared to fiat […]
Tron founder unveils Bitcoin layer-2 solution as BTC DeFi breaks $1.2 billion in TVL
Tron blockchain founder Justin Sun has unveiled plans for a Bitcoin-based layer-2 solution. In a Feb. 15 post on the social media platform X (formerly Twitter), Sun revealed his intent […]
$26 million in Bitcoin and Ethereum stolen from FixedFloat exchange
FixedFloat, a non-custodial crypto exchange, confirmed that its platform was hacked over the weekend. In a Feb. 18 post on the social media platform X (formerly Twitter), the project acknowledged […]