SEC Commissioner: DeFi needs legal clarity to compete with CeFi
Hester Peirce, a crypto-friendly Commissioner with the U.S. Securities and Exchange Commission (SEC) stated that regulatory clarity is needed to allow decentralized finance...
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Raydium’s RAY token begins trading on FTX
Raydium, a new Automated Market Making (AMM) protocol built on Solana and leveraging Serum’s central orderbooks, saw its token go live today. Trading...
Bitwise launches DeFi Crypto Index Fund, targets institutional investors
Bitwise Asset Management announced that it is launching what it claims to be the world’s first decentralized (DeFi) Crypto Index Fund. The new...
DeFi insurance project Nexus raises $2.7 million in NXM token sale
A DeFi insurance protocol has raised more than $2 million from the sale of its native tokens to several angel investors. Nexus, a...
Another DeFi exploit: Cream Finance loses $37.5 million in a hack
Cream Finance, a multi-purpose DeFi project built on the Ethereum network, is the latest victim of a security breach. The hacker made off...
DeFi platform Yearn Finance suffers exploit, vault loses $11 million
Update: Tether announced via social media that they have frozen the $1.7 million stolen as part of the Yearn Finance hack. ...
dYdX raises $10 million in series B funding round led by Three Arrows Capital and DeFiance Capital
The decentralized derivatives exchange dYdX announced on Jan. 26 that it has raised $10 million in a Series B funding round led by...
DeFi tokens rally higher with Link and Aave breaking new ground
It is a good day for DeFi tokens across the board as the majority of them register significant double-digit gains, with a few...
DeFi project SushiSwap 2021 roadmap and the MIRIN proposal
Sushiswap, a decentralized crypto exchange built on the Ethereum blockchain, announced its 2021 roadmap. Our roadmap for the next year :https://t.co/dFYAMpv0rG — SushiChef...
Attacker mints more than 1 quintillion tokens in DeFi Cover Protocol hack
Another day another DeFi project hacked. Cover Protocol, a DeFi insurance project was hacked on Monday in an infinite printing scheme attack, prompting...