DeFi News

The DeFi sector is “on the path to recovery,” with DeFi-related tokens increasing their share of the total crypto market valuation from last quarter's 4.7% to 5.8%.

Decentralized exchange (DEX) dYdX was down for 9 hours Monday afternoon to Tuesday morning, due to a major outage that hit Amazon's cloud-service network Amazon Web Services (AWS), once again stirring up debates about decentralization.

Fortress, decentralized finance (DeFi) lending protocol with an algorithmic money market and a synthetic stablecoin, has suffered an oracle price manipulation attack that resulted in the loss of all of its funds.

DeFi lending protocol bZx (BZRX) once again lost its funds.

The hacker of the decentralized finance (DeFi) interoperability protocol Poly Network has returned more than half of the stolen funds so far.

The crypto community has issued a withering response to the Financial Action Task Force (FATF) updated guidance, issued earlier this week – with one lamenting that the document is “so bad that it makes the [American] infrastructure bill look reasonable.” Most appear particularly irked by the body’s stance on decentralized finance (DeFi).

The decentralized finance (DeFi) protocol Bancor (BNT) has paused its impermanent loss (IL) protection mechanism due to what it calls “hostile market conditions.”

Major US-based crypto exchange Coinbase is backing the development of the "first-ever" enterprise-grade liquid staking protocol, bringing know-your-customer (KYC) checks to the world of decentralized finance (DeFi).

The biggest decentralized finance (DeFi) hack, of interoperability protocol Poly Network, with roughly USD 600m stolen is not over just yet, as the attacker has not yet provided the final key of the multisignature wallet, stating that they will provide it "when everyone is ready." However, the attacker has been offered a significant position on the team.

Microsoft is aiming to benefit from the rapid spread of hybrid work, looking to extend its presence within the social connection-focused virtual world to companies whose employees are working remotely. The company also seems determined to use its forthcoming acquisition of game developer Activision Blizzard to boost its metaverse assets.