DeFi

DeFi

MEV Bot Executed a $12 Million Flash...

An MEV bot conducted 14 transactions in a single block to launch a sandwich attack on an unsuspecting user to only net $20 in...
DeFi

Nexo Reopens UK Operations with Enhanced Compliance...

Nexo's new onboarding process follows FCA requirements, improving user risk awareness. The platform's 10-month halt allowed for a full modify to meet UK...
DeFi

Justin Sun Implements 100% On-Chain Buyback and...

The SunPump community changed its mind about an LP burning mechanism, instead opting for an on-chain buyback and burn mechanism, which Justin Sun agreed...
DeFi

Canadian Court Holds Bitcoin Loan Defaulter Responsible,...

Crypto acceptance is growing as courts acknowledge transactions made via the asset class, holding wrongdoers responsible. The Supreme Court of British Columbia ruled in favor...
DeFi

DeFi Protocol Threshold Wants to Merge with...

Threshold has proposed a merger of its tBTC token with WBTC as the industry is concerned for the latter’s future. Threshold, a protocol offering a...
Artificial intelligence (AI)

BounceBit to Launch CeDeFi V2 Platform with...

BounceBit V2 will improve its CeDeFi platform with expanded DeFi, AI, and gaming features. The launch serves as BTCfi, which allows Bitcoin staking...
DeFi

Radix Cuts Workforce by 15% in Strategic...

Radix is reducing staff by 15% to save money and concentrate its strategy. CEO Piers Ridyard guarantees major projects will proceed without interruption. Radix,...
DeFi

ParaFi Capital Raises $120 Million to Invest...

ParaFi Capital, a digital asset management firm based in New York, has successfully raised $120 million from investors, including Theta Capital Management and Accolade...
DeFi

Maker Rebrands to Sky, Replaces DAI With...

Household DeFi protocol Maker replaced its decentralized DAI stablecoin with centralized USDS as it rebranded to Sky. Users are not happy. DeFi lending protocol,...
DeFi

Celsius Has Refunded $2.5 Billion to Two-Thirds...

Celsius has repaid 251,000 creditors, with 121,000 left to go. So far, it has paid 93% of the funds it owes. The defunct crypto...
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