Emerging DeFi Platform YFDAI Finance Launches SafeSwap and Launchpad, More Products to Follow
PRESS RELEASE. YFDAI Finance, a prominent decentralized finance (DeFi) project has recently announced the launch of two prominent products as it works towards strengthening its position in the sector....
A DeFi App Was Just Hacked for Over $300,000 in Ethereum & Bitcoin
There’s no doubt that decentralized finance (DeFi) has been central to the Ethereum ecosystem over the past year. But unfortunately, this use for the second-largest blockchain by its underlying...
Moonbeam Network Receives Fresh Capital Injection After Purestake Fundraising Success
Following an initial seed capital round of $1.4 million, Purestake has raised a $6 million strategic round of financing from a consortium of investors to accelerate development, as the...
Ethereum Worth Motion Sparks Bullish Alerts; $500 Incoming?
For the third consecutive day, Ethereum has been one of many top-performing crypto property whereas its massive brother has taken a break. A slight fall again for bitcoin was...
xSigma Prepares to Launch Its Stablecoin DEX With Major Backers
PRESS RELEASE. xSigma is a decentralized exchange and liquidity mining platform that supports stablecoin swaps. It enables dollar-pegged assets to be traded onchain with minimal slippage and lower fees...
Wormhole Sets New Fundraising Record With $225 Million, Announces Departure From Jump Crypto
In a recent report by Fortune Magazine, it was revealed that Wormhole, a messaging protocol that allows developers to communicate across different blockchains, has successfully raised an impressive $225...
Ditto Promotes Accessible Finance for Streaming Artists with the Launch of Defi Platform
Global music distribution service Ditto has unveiled the latest addition to its service lineup for musicians with a blockchain-based financing platform named Opulous.
Opulous Peer-to-Peer Lending Platform Serves...
DeFi TVL Is Down A Staggering 80% From Its 2022 Highs, Is A Revival...
Back in 2021, the decentralized finance (DeFi) space experienced explosive growth which led to a rapid rise in total value locked (TVL). The TVL would continue to grow into...
KuCoin Settles Lawsuit, Agrees To Block New York Customers And Pay $22 Million
In a significant development, KuCoin, one of the leading cryptocurrency exchanges, has settled for $22 million and agreed to cease trading activities in New York to resolve a lawsuit...
