DeFi News
Latest DeFi News
The U.S. Internal Revenue Service said DeFi brokers should comply with long-standing securities rules, disagreeing with industry sentiment arguing for different laws for digital assets.
Sonic, formerly Fantom, has passed the first stage of launching Aave’s third-generation lending protocol on its blockchain.
AAVE
Aave
With Bitcoin trading close to $95k after two weeks of declining prices, analysts are wary of a potential massive crash that could see the flagship asset drop to $60k. Bitcoin has dropped over 2.5% over the last 24 hours, with…
BTC
Bitcoin
Solana-based meme coin Bonk continued its downward rally despite the project recently burning 1.69 trillion BONK tokens. On Dec. 26, over 1.8% of BONK’s entire supply, amounting to 1.69 trillion tokens worth over $51 million was burned as part of…
BONK
Bonk
Spot Bitcoin exchange-traded funds in the United States recorded an inflow of $475.15 million on Dec. 26, ending its four day streak of outflows. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged $475.15 million of inflows on…
Bitwise has proposed a new exchange-traded fund that invests in publicly traded companies holding over 1000 BTC in their corporate treasuries. In a Dec. 26 regulatory filing, Bitwise said the Bitcoin Standard Corporations ETF will invest in equity securities of…
BTC
Bitcoin
DePIN has come to the world, providing the opportunity to create defi projects that reward actions in the physical world. What is this technology about, and how does DePIN work? Theoretical studies in cryptocurrencies have long predicted that encryption tools…
BTC
Bitcoin
Crypto hacks in 2024 caused nearly $3 billion in damages, with access control flaws driving 78% of the losses, data shows. 2024 proved to be another challenging year for blockchain security, with nearly $3 billion lost to crypto hacks, according…
Aave and Lido together have surpassed $70 billion in net deposits for the first time in history, as per Token Terminal.Â
Decentralized exchange platform PancakeSwap had a remarkable 2024 as growth across decentralized finance drove trading volume to over $310 billion. In a report summarizing the DEX platform’s year-over-year performance, PancakeSwap (CAKE) said its global trading volume reached $310.6 billion. The protocol achieved…
CAKE
PancakeSwap
Artificial Intelligence-related cryptocurrencies saw a significant rally over the past day as several new developments surrounding the AI industry reignited interest among its investors. NEAR Protocol NEAR Protocol (NEAR), the largest AI coin by market cap, rose 6% in the…
India could lose over $2 billion in tax revenue from cryptocurrency transactions over the next five years due to its tax policies driving traders to offshore platforms, according to a recent report. The December report from Indian technology think tank…
OKX Ventures invests in USUAL, a cutting-edge decentralized stablecoin backed by real-world assets. The investment division of the well-known cryptocurrency exchange OKX, OKX Ventures, has formally announced its investment in the Usual Protocol, a decentralized stablecoin issuer that seeks to…
Hyperliquid Labs, the team behind HYPE’s $28 billion FDV token, refuted claims that North Korean hackers had infiltrated its layer-1 protocol.
HYPE
Hyperliquid
Chainlink, the oracle network bringing global finance on-chain, has announced the launch of an oracle solution it says will help decentralized finance protocols recapture maximal extractable value. The Chainlink Smart Value Recapture is a MEV solution that DeFi applications can…
Crypto.news has announced the winners of the 2024 awards, recognizing top projects in categories like meme coins, decentralized finance, and crypto-wallets. As 2024 draws to a close, crypto.news is proud to announce the winners of its annual awards, recognizing standout…