Auto Added by WPeMatico

Defi More Scalable Than Traditional Finance, New Study Says

Despite the market conditions that prevailed in much of 2022, decentralized finance (defi) still demonstrated its greater scaling potential than that of the traditional financial industry, a new report has…

Continue ReadingDefi More Scalable Than Traditional Finance, New Study Says

Hackless Offers Sandwich Attack Protection for BSC and Ethereum Networks

As winners of the ETH hackathon in 2021, the Hackless team is now releasing the beta version of Anti-Sandwich – a gateway to safe and efficient swapping of crypto assets,…

Continue ReadingHackless Offers Sandwich Attack Protection for BSC and Ethereum Networks

TVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

The total value locked (TVL) in decentralized finance (defi) has fallen below the $40 billion mark for the first time since the first week of Feb. 2021. On Dec. 17,…

Continue ReadingTVL in Defi Slides Under $40 Billion, Tapping a Low Not Seen Since February 2021

Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product

As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience…

Continue ReadingWeb3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product

Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%

GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.

Continue ReadingIs DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%

Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion.…

Continue ReadingDecentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed

Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9…

Continue ReadingHacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance

Waves-backed stablecoin USDN drops further after regulator warning and exchange delisting

WAVES price and its USDN stablecoin lose value after the Digital Asset eXchange Association issues a caution notice and Upbit exchange delists the token.

Continue ReadingWaves-backed stablecoin USDN drops further after regulator warning and exchange delisting