DeFi

KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration
defi

KuCoin Rolls Out Decentralized Crypto Wallet to Aid Web3.0 Exploration

The Seychelles-based crypto exchange KuCoin has rolled out a decentralized product dubbed KuCoin Wallet, supporting multiple tokens trading and multi-chain aggregation.

Singapore Regulator MAS is Exploring Use of Cases in Digital Assets
defi

Singapore Regulator MAS is Exploring Use of Cases in Digital Assets

The Monetary Authority of Singapore (MAS) has launched Project Guardian, a sandbox initiative that is set to explore a number of defined use cases with respect to asset tokenization on the blockchain.

Wormhole DeFi Bridge Rewards $10m Bug Bounty
defi

Wormhole DeFi Bridge Rewards $10m Bug Bounty

WormHole, a DeFi-based bridge protocol has paid out $10 million in Whitehat bounty for discovering cybersecurity loophole in its protocol, preventing the potential breach from hackers.

The BTC-Stock Correlation at Its Peak. When Will It End? The 4 Top Gainers in DeFi
defi

The BTC-Stock Correlation at Its Peak. When Will It End? The 4 Top Gainers in DeFi

The crypto world is one brimming with possibilities, and it is unlikely to stagnate, however only the strongest projects will survive

Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs
defi

Australian Crypto Market Tanks on the Arrival of Bitcoin and Ethereum EFTs

Australia’s digital currency exchanges began trading funds on Thursday amid a breakdown in the digital tokens.

Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn
defi

Crypto Market Onslaught Stretches to DeFi as TVL Slumps to $114bn

With a broad-based caution being exercised by investors with regards to risk assets, there has been a massive outflow of funds from DeFi protocols as many investors anticipate calm to re-engulf the ecosystem.

Illicit Activities in DeFi Sector Seen Rising in Past Two Years: Chainalysis
defi

Illicit Activities in DeFi Sector Seen Rising in Past Two Years: Chainalysis

Illicit cryptocurrency transactions in the decentralized finance (DeFi) sector have been rising over the last two years, according to the Web3 Safety & Compliance report from Chainalysis.

Fintech Firm Bitlocus to Launch Crypto-Friendly Visa Debit Cards
defi

Fintech Firm Bitlocus to Launch Crypto-Friendly Visa Debit Cards

The card will enable Bitlocus customers to transact their crypto holdings while also using the resulting funds anywhere Visa is accepted.

DeFi TVL Drops below $200Bn, Reflecting General Bearish Market Slump
defi

DeFi TVL Drops below $200Bn, Reflecting General Bearish Market Slump

The Total Value Locked (TVL) in DeFi platforms has slumped below $200 billion down from the $230 billion towards the end of April.

Fireblocks Adds Support for Terra-Based DeFi Services as Institutional Demand Soars
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Fireblocks Adds Support for Terra-Based DeFi Services as Institutional Demand Soars

Institutional investors can now access all of the DeFi applications on the Terra-based blockchain protocol on Fireblocks as announced by the firm on Tuesday.