DeFi

Trading platform Robinhood (NASDAQ: HOOD) on Thursday announced plans to integrate Arbitrum (CRYPTO: ARB), a leading layer-2 Ethereum (CRYPTO: ETH) blockchain, into its Robinhood Wallet. What Happened: The collaboration aims to facilitate easier and more efficient crypto swaps for...

Decentralized exchange (DEX) PancakeSwap on Friday announced launch of a discussion proposal to introduce an "Affiliates" program aimed at extending its reach across new blockchains, directly benefiting CAKE (CRYPTO: CAKE) token holders with native DEX tokens from these collaborations....

In early 2024, Ethereum decentralized application (dApp) EigenLayer made huge waves in the Ethereum community by offering a new technology called restaking. The service attracted huge amounts of attention, and amassed more than $6.5 billion in deposits in just a few months, with most deposits...

Puffer Finance, the new Ethereum (CRYPTO: ETH) staking sensation, has reached $850M in total value locked (TVL). After this milestone, Puffer has become the second-largest liquid restaking protocol. Puffer, launched on February 1st, has provided a new mechanism for users to stake Ethereum...

Editor's note: This story has been corrected to state the Solana network suffered an outage on Feb. 25, 2023 and to add attribution for this information.  Solana (CRYPTO: SOL), the high-speed blockchain known for its recent surge in activity, faced another hiccup on Tuesday with a...

A 17-year-old astounded volatility-hardened crypto investors when he earned over $1 million from the Jupiter (CRYPTO: JUP) airdrop. What Happened: The teenager shared his strategy in a 12-min video, saying: "I focused on actively using all of Jupiter's tools. It's...

Toshi (CRYPTO: TOSHI), the memecoin named after Coinbase Global Inc. (NASDAQ: COIN) co-founder Brian Armstrong's cat and the pseudonymous creator, Satoshi Nakamoto, of Bitcoin (CRYPTO: BTC), has sparked a surge of interest within the crypto community. Tweets from prominent figures ...

Decentralized exchange PancakeSwap (CRYPTO: CAKE) on Thursday announced a proposal to drastically reduce the supply of its native token. What Happened: The proposed reduction, amounting to 300 million tokens, will see the maximum token supply slashed from 750 million to 450 million. The...

Solana (CRYPTO: SOL)'s decentralized exchange (DEX) volume has been on fire lately, fueled by a potent cocktail of meme coin mania and a thriving DeFi ecosystem. Solana DEX volume currently sits at a staggering $1.5 billion in the last 24 hours, compared to Ethereum's (...

Cyber-thieves feasted on a staggering $2.3 billion worth of cryptocurrency in 2023. What Happened: From manipulated smart contracts to pilfered private keys, no protocol was entirely safe this year. "Many hacks could have been prevented through proper code audits," Richard Ma, founder and...

In a significant development impacting the decentralized finance (DeFi) sector, the decentralized exchange SushiSwap (CRYPTO: SHUSHI) has reportedly fallen victim to a front-end exploit. Matthew Lilley, the Chief Technology Officer (CTO) of Sushi, issued a warning about a widespread...

Several utility tokens have been identified as potential standouts in the upcoming cryptocurrency bull run by investment research platform Token Metrics, each offering unique features and innovations in the Web3 space. Contentos: A New Era For Digital Content: Contentos aims to transform...

Trader Joe, a leading decentralized exchange (DEX) on the Avalanche (CRYPTO: AVAX) blockchain, achieved a significant milestone on Dec. 11, with its fee capture reaching $1.23 million and revenue hitting $145,000. These figures represented the second-highest levels recorded for the platform within...

DefiLlama data indicates that the total capital locked or staked across all decentralized finance (DeFi) protocols peaked at $49.6 billion, on Dec. 5, 2023. For the first time in six months, the value of underlying assets increased, and investors looked to secure a yield on their crypto holdings....

JPMorgan on Thursday highlighted a resurgence in the decentralized finance (DeFi) and non-fungible token (NFT) sectors in a research report. This revival is attributed to the growing anticipation of a U.S.-based spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), which has positively...