DeFi News

DeFi, an abbreviation for Decentralized Finance, is a concept created to provide mainstream traditional financial services in a decentralized manner. In contrast to traditional financial markets, where centralized entities oversee money storage and lending, DeFi offers the same services and opportunities, with participants retaining control. Let’s streamline your journey to DeFi News, empowering you to store and control your assets on your own terms.

Latest DeFi News

Hamster Kombat Proposes Partnership with TYCHO Blockchain

Hamster Kombat, a Play-to-Earn (P2E) video game, has recently initiated a proposal through its Decentralized Autonomous Organization (DAO) to establish…

1 Min Read

Solana Dev Unveil Quantum-Resistant Vault to Protect User Funds

This system uses a decades-old cryptographic protocol called Winternitz One-Time Signatures.

3 Min Read

Solayer Unveils LAYER Token for Governance, Ecosystem Growth

Popular AVSs on Solayer include BONK, AltLayer, and HashKey.

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Pi Network Transfers 1B Coins to Build Liquidity Pool

In a major step forward, the Pi network ecosystem has taken a major leap by transferring 1 billion coins to…

2 Min Read

IRS Targets DeFi with New tax rules taking effect from 2027

The U.S. Internal Revenue Service (IRS) is setting its sights on decentralized finance (DeFi) with a groundbreaking tax rule that…

3 Min Read

Jupiter Announces Jupuary 700M JUP Token Airdrop Event

The highest-performing traders could earn up to 100,000 JUP per wallet.

2 Min Read

PancakeSwap Sees 179% Growth in 2024 with $310B Volume

PancakeSwap has also seen a boost in its Total Value Locked (TVL), reaching $2.17 billion, and over 14.38 million unique…

2 Min Read

Uniswap to Launch Layer 2 Network ‘Unichain’ in Early 2025

From January 6, 2025, the Sepolia testnet of Unichain will undergo maintenance to activate this feature before the mainnet launch.

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Chainlink Plans to Bring On-Chain Banking Innovation with CRE

Chainlink revealed its new Chainlink Runtime Environment upgrade at this year's SmartCon 2024 in October. According to the platform, it's…

3 Min Read

Trump Backed WLFI Teams Up with Ethena Labs

In an update on X, World Liberty Financial (WLFI) shared news about a long-term partnership with Ethena Labs. The integration…

3 Min Read

Lido Ends Polygon Operations, Refocuses on Ethereum

Lido Finance, the largest liquid staking protocol in decentralized finance (DeFi), is winding down its operations on the Polygon network…

4 Min Read

Hedera Integrates Chainlink Data Feeds and Proof of Reserve

Hedera has made Chainlink Data Feeds and Chainlink Proof of Reserve available on its network. This is good news for…

3 Min Read

Aave Contributor Proposes Exit from Polygon over ‘Risky’ Bridge

Marc Zeller authored the proposal to adjust risk parameters for Aave’s Version 2 and Version 3 protocols on the Polygon…

3 Min Read

Polygon Community Plans $1B Initiative To Boost DeFi Ecosystem

By doing so, the proposal aims to generate an estimated $91 million in annual yield.

2 Min Read

Sonic to Reward Solayer Delegators with Token Airdrop

A snapshot will be taken of all eligible delegations before the TGE, ensuring that those who have supported Sonic’s AVS…

2 Min Read

Hamster Kombat Launches DAO for HMSTR Token Holders

HMSTR token holders can now vote on DAO, giving them authority and control over the project.

2 Min Read

Raydium Surpasses Uniswap in Trading Volumes for Second Month

Memecoin trading has been a big factor in Raydium's success, with memecoins making up a record 65% of its total…

3 Min Read

SushiSwap to Liquidate SUSHI for Stable Treasury

Grey’s plan involves liquidating the treasury’s SUSHI holdings and reallocating them into a diversified mix of assets.

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SynFutures Announces F Token Airdrop and New Foundation

SynFutures plans to distribute 10 billion F tokens in total, with 7.5% available during the Season 1 Airdrop on December…

2 Min Read

BingX Partners SafePal to Boost Liquidity and Trading

BingX has announced a partnership with SafePal, a non-custodian crypto wallet suite that supports both decentralized finance (DeFi) and centralized…

3 Min Read

HyperFND Unveils HYPE Token Genesis, 1B Tokens to be Minted

Hyperliquid achieves unprecedented scalability, processing up to 200,000 transactions per second with a rapid 0.2-second finality.

2 Min Read

Line to Launch 30 Mini Dapps in Early 2024, Expanding Blockchain Integration

Line, the Japanese messaging app with over 196 million active users, will introduce 30 mini-decentralized apps (dapps) on its platform…

1 Min Read

WalletConnect Launches Season 1 Airdrop: 50M WCT Tokens to claim

Eligible users will see a congratulatory message, while ineligible ones will face disappointment with the message, “Unfortunately, you are not…

3 Min Read

DIA Pioneers Modular Oracles with Lasernet Testnet Launch

Developers will be able to deploy oracles independently by 2025, fostering a decentralized data ecosystem.

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Justin Sun Joins Trump-Backed DeFi Project as Advisor

World Liberty Financial, launched as part of Trump’s pro-crypto campaign platform, aims to establish itself as a leader in the…

2 Min Read

Uniswap Offers $15.5 Million Bug Bounty to Boost Security

Uniswap Labs has just launched the biggest bug bounty in crypto history, offering up to $15.5 million to anyone who…

2 Min Read

Ripple, Archax Launch UK’s First Tokenized Fund on XRPL

Ripple and Archax have teamed up to launch the first tokenized money market fund in the UK. The fund is…

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BIS Study Finds Centralization in Uniswap V3 Liquidity Pools

The study found that a small group of "sophisticated agents" control 80% of Uniswap V3's total value locked (TVL).

3 Min Read

Consensys Introduces Nonprofit Initiative to Govern Linea

The LINEA token, expected to launch in early 2025, will enable token holders to participate in key decisions.

2 Min Read

Transak Powers Record 300% Growth in Sui Transaction Volume

Transak’s on-ramp features facilitate easy acquisition of SUI tokens, allowing users to dive into emerging opportunities without delay.

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