DeFi News
DeFi News

DeFi and AI: Synergies and challenges

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  • August 16, 2023

Artificial intelligence (AI) and decentralized finance (DeFi) are two of the most disruptive technologies of our time, and their convergence will likely unlock unparalleled opportunities in the financial landscape while increasing transparency and decentralization. The blockchain technology that empowers DeFi and the AI market were valued at a combined $230.10 million in 2021, with a […]

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DeFi News

Bitcoin ETF momentum runs out as crypto market enters summer slump: Report

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  • August 14, 2023

DeFi and NFTs remain deep in the bear market while crypto stocks see an upside. RESEARCH Collect article After June gave Bitcoin  BTC $29,419  a boost with BlackRock’s application for spot Bitcoin exchange-traded fund (ETF), July sent its price into a summer slump. Only some altcoins managed to perform well in response to Ripple Labs’ partial […]

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DeFi News

Making crypto lending mainstream: How this platform breaks DeFi barriers

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  • August 10, 2023

Liquidation and overcollateralization issues are still the main challenges in the DeFi space, but this layer-1 protocol attempts to challenge the status quo. USE CASE Since emerging, decentralized finance (DeFi) has revolutionized finance by providing accessibility and control. Crypto lending is one of the most critical use cases in DeFi, enabling crypto holders to lend and borrow assets without […]

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DeFi News

CRV exposure risk throws a curveball at the DeFi ecosystem: Finance Redefined

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  • August 9, 2023

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The $47 million Curve Finance exploit on July 30 had a domino effect on the DeFi ecosystem, mainly due to the $100 million loan taken out by the Curve […]

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DeFi News

Vyper vulnerability exposes DeFi ecosystem to stress tests

A number of pools using Vyper have been exploited due to a malfunctioning reentrancy lock that potentially exposes all pools with wrapped Ether (wETH). NEWS Decentralized finance (DeFi) protocols are undergoing a stress test following a critical vulnerability was found on versions of Vyper programming language, resulting in the theft of millions of dollars worth of cryptocurrencies […]

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DeFi News

DeFi needs to be secure, stable and accessible for all. Here’s how

Several collapses in the past year have highlighted centralization problems, while fragmentation remains another hurdle in this nascent sector. SPOTLIGHT True decentralization is something that many crypto projects strive for, but the result is often too complicated for everyday users to rely on. So, what’s the solution? The high-profile failures of big industry players — […]

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DeFi News

Centralized exchanges will become gateways for DeFi: Finance Redefined

The top 100 DeFi tokens had a mixed week, with most of the tokens continuing to trade in a similar range as the previous week. NEWSLETTER Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week […]

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DeFi News

Centralized exchanges will become gateways for DeFi — dYdX Foundation CEO

CEO Charles d’Haussy doesn’t view centralized exchanges as competitors for dYdX. NEWS The dYdX Foundation, an independent decentralized finance (DeFi) nonprofit founded to support the dYdX protocol, recently launched a public testnet for its latest version, v4. According to the foundation, this puts dYdX ahead of schedule for the impending launch of the v4 mainnet, […]

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DeFi News

DeFi protocol Arcadia Finance hacked on Ethereum and Optimism for $455k

A loophole in the code allowed the hacker to drain funds worth roughly $455,000 from Arcadia’s Ethereum (darcWETH) and Optimism (darcUSDC) vaults collectively. NEWS A hacker drained approximately $455,000 from non-custodial decentralized finance (DeFi) protocol Arcadia Finance by exploiting a code vulnerability. Blockchain investigator PeckShield alerted about the hack on Arcadia Finance, pointing out the cause as “the lack […]

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DeFi News

On-chain derivatives are DeFi’s next boom opportunity — Apollo Crypto

With centralized exchanges coming under increasing scrutiny, Henrik Andersson has touted the promise of decentralized derivatives. INTERVIEW On-chain derivatives are set to become the next big growth sector in the decentralized finance (DeFi) space, says Henrik Andersson, the chief investment officer of Australian crypto investment firm Apollo Crypto. In a wide-ranging interview with Cointelegraph, Andersson […]

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