DeFi

Major U.S.-based cryptocurrency exchange Coinbase Global Inc. (NASDAQ: COIN) launched interest-earning features based on decentralized finance (DeFi) protocols. But, the U.S. is left out of the project. What Happened: Coinbase announced it is "making DeFi more accessible...

Terra (CRYPTO: LUNA) — a blockchain with smart contract support and its own decentralized finance (DeFi) ecosystem — overtook Dogecoin's (CRYPTO: DOGE) market cap and became the tenth-largest cryptocurrency project. What Happened: Terra's current market cap is...

Solana (CRYPTO: SOL) is taking off Wednesday, pushing higher while Ethereum (CRYPTO: ETH) and Bitcoin (CRYPTO: BTC) are falling lower. Solana is a level one cryptocurrency, the same as Ethereum, where other cryptocurrencies can be built off of these cryptocurrencies. Solana was up 5.22% at $225.09...

The Best Daily Overview Of The Crypto Space With Twitter's Ethereum NFT Verification news and the possibly imminent arrival of ETH2, is Ethereum set for an all-time high soon? Subscribe to Benzinga Crypto Breakdown for daily cryptocurrency news. Listen to the full episode here:...

According to a report from London-based firm Elliptic, about $10.5 billion worth of user funds has been stolen in cases of fraud and theft on DeFi products.  DeFi platforms have become increasingly popular in recent years, but the platforms are not regulated. The "total value locked...

Shiba Inu (CRYPTO: SHIB) — the Dogecoin (CRYPTO: DOGE)-killer memecoin turned utility token — is likely to hit a major milestone that will take it to the big cryptocurrency club. What Happened: Ethereum (CRYPTO: ETH) blockchain data service Etherscan shows...

The community of Shiba Inu (CRYPTO: SHIB) — the coin that was once touted as the Dogecoin (CRYPTO: DOGE) killer — is now rejecting the memecoin title, insisting that the token's utility made it a "payment currency." What Happened: A New York...

San Francisco-based fintech startup Ripple Tuesday announced the launch of a new service, Ripple Liquidity Hub.  It will allow its clients to buy and sell Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), XRP, Litecoin (NYSE: LTC) and Bitcoin Cash (NYSE: BCH).  Ripple...

Square Inc (NYSE: SQ) shares recovered a bit from a difficult period last week after the digital payments leader reported lackluster third-quarter earnings. Last Thursday, Square reported an adjusted third-quarter EPS loss of 37 cents, in-line with analyst estimates. Square also reported...

Dutch financial services behemoth ING Groep NV (NYSE: ING) is considering launching its own decentralized finance (DeFi) lending services. What Happened: ING Chief Innovation Officer Annerie Vreugdenhil said during the Singapore Fintech Festival that the firm is working on...

Multi blockchain-based decentralized finance (DeFi) protocol bZx (CRYPTO: BZRX) has been compromised with significant funds siphoned out of its lending ecosystem. What Happened: The private key held by the bZx development team was compromised resulting in $55 million of...

A panel of 50 experts has arrived at a long-term price target of $5,000 for popular altcoin Solana (CRYPTO: SOL). What Happened: A new study from Finder, which surveyed several senior executives from the blockchain and fintech industries, revealed a series of optimistic price targets for Solana. By...

A company expanding into the NFT marketplace space is xSigma. The company has been active in adding athletes to its roster and announced Tuesday the addition of three players for an upcoming NFT launch. What Happened: A wholly-owned subsidiary of ZK International Group Co Ltd (NASDAQ...

Investors pooled in around $60 million to a newly-launched crypto project’s token sale, but the funds appear to have disappeared overnight. What Happened: AnubisDAO is a dog-themed DeFi project inspired by the Egyptian god of death, Anubis. The project’s token sale on Oct. 28 saw...

Money20/20’s latest in-person conference was held Oct. 24-27, 2021 at The Venetian Resort in Las Vegas, Nevada, and amidst all the recognition and networking, Benzinga had the opportunity to speak with Trevor Marshall, the chief technical officer at Current. The financial technology...