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defi

Proposed “Broker Rule” in US Could Threaten DeFi, Warns Blockchain Association

by Isaac Wright
Proposed “Broker Rule” in US Could Threaten DeFi, Warns Blockchain Association

A potentially pivotal decision for decentralized finance (DeFi) comes to the US. The Blockchain Association expresses concern over the U.S. Treasury and IRS’s proposed redefinition of “broker” in tax rules, …

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Binance launches Dual Investment product 

by Isaac Wright
Binance launches Dual Investment product 

In a Nov. 14 announcement on X, Binance shares the news of Dual Investment products with updated target prices and settlement dates. According to the website, Dual Investment will allow …

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Aave V2 Operational, Will Bulls Break The 15-Month Resistance At $110?

by Isaac Wright
Aave V2 Operational, Will Bulls Break The 15-Month Resistance At 0?

All Aave v2 markets are now operational, the team behind the non-custodial liquidity protocol announced in a November 13 post on X. This a day after v3 markets were unfrozen …

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Aave V3 Markets Resume Operations Following Security Vulnerabilities

by Isaac Wright
Aave V3 Markets Resume Operations Following Security Vulnerabilities

Aave V3 markets have been unpaused by the Community Guardian, signaling the resolution of the issues that prompted the temporary measures. The move follows the execution of a governance proposal …

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New Fee Model Rakes In Over $1 Million In A Month Amid DeFi Frenzy

by Isaac Wright
New Fee Model Rakes In Over  Million In A Month Amid DeFi Frenzy

Uniswap Labs, the company behind the decentralized finance (DeFi) protocol, has achieved a milestone in its revenue generation strategy. Just a month after its implementation, the firm’s newly introduced front-end …

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Ready for changes? Anticipating the web3 revolution in 2024

by Isaac Wright
Ready for changes? Anticipating the web3 revolution in 2024

Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Web3, akin to numerous groundbreaking innovations, has …

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Raft halts stablecoin minting following security breach

by Isaac Wright
Raft halts stablecoin minting following security breach

The defi platform Raft has temporarily suspended the minting of its R stablecoin due to a security vulnerability that resulted in a substantial loss.  The company is currently investigating the …

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JPMorgan announces launch of programmable payments

by Isaac Wright
JPMorgan announces launch of programmable payments

A LinkedIn post from JPMorgan Managing Director Naveen Mallela shares that the programmable payments product JPMorgan Chase & Co’s JPM Coin is now generally available to institutional clients. The product …

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NEAR and Polygon partner to innovate on zero-knowledge proofs

by Isaac Wright
NEAR and Polygon partner to innovate on zero-knowledge proofs

NEAR Foundation partners with Polygon Labs to develop zkWASM, a cutting-edge zero-knowledge solution enhancing interoperability and security for WASM chains. The NEAR Foundation, renowned for its contribution to the NEAR …

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Hacker exploits defi protocol TheStandard.io for $264k

by Isaac Wright
Hacker exploits defi protocol TheStandard.io for 4k

TheStandard.io suffers a $264,000 theft via a PAXG liquidity pool exploit on Arbitrum. Defi stablecoin protocol TheStandard.io has been hacked for $264,000, according to reports from blockchain security analysts CertiK. …

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