High-leverage trader James Wynn is back in the spotlight with a 25x Ether long showing strong gains, while his parallel Dogecoin bet is struggling in the red.
Latest News on DeFi
Decentralized finance, also known as DeFi, is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities.
With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts. DeFi solutions also often give greater flexibility in terms of users’ ability to store and control their own assets. Additionally, decentralized exchanges, or DEXs, further decentralize digital asset trading, in contrast to trading on centralized digital asset platforms.
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Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
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Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures.
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Andrew Tate is back on the memecoin bandwagon but hasn’t nailed the trading game as his wallet approaches losses of $700,000 on Hyperliquid.
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Taiwanese prosecutors reportedly indicted 14 people accused of orchestrating the country’s biggest money laundering case involving cryptocurrency.
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ChatGPT and Grok are becoming the go-to tools for crypto traders, offering faster context, sentiment and strategic clarity, all through conversation.
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While the overall stablecoin market is up 4% in August, some synthetic stablecoins, such as Sky Dollar and Falcon USD, have had even more substantial gains.
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Aave enters a blockchain with few competitors, with only one top-five Aptos protocols having a TVL of $1 billion or more.
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Tokenization could solve Latin America’s capital market inefficiencies, boosting liquidity and unlocking new investment opportunities, according to Bitfinex Securities.
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Onchain sleuth found YZY sniper wallets tied to LIBRA, extracting $23 million in suspected insider gains across both token launches.
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Real-world asset protocols present an “evolving” threat landscape that offers a larger attack surface for hackers, according to CertiK.
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A Bitcoin whale rotated another $113 million worth of Bitcoin into a $240 million spot Ether position after closing part of a previous Ether perpetual long worth almost $300 million.
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The Trump family DeFi project minted $205 million USD1, pushing its treasury holdings and the stablecoin supply to record highs.
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Wormhole asks to bid against LayerZero to acquire the cross-chain transfer platform Stargate, which launched an updated bid on Sunday.
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