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Daily Defi News from Across the Web

Daily Defi News from Across the Web

👩‍🌾 DeFi Stabilizes after the UST Collapse

📉 DeFi TVL holds ground — Amid acute selloffs that followed all the Terra landscape drama, the TVL in Ethereum DeFi took another hit: a 15% decline from last week.  Beside the... Read more »

👩‍🌾 How to use options to hedge asset exposure on yield farming

📉 DeFi TVL takes a hit — On May. 10th, 2022, the total value locked (TVL) in Ethereum DeFi projects was $67.21B according to DeFi Pulse, ~10% lower than the value we... Read more »

👩‍🌾 Exploring DFX Finance’s EURS/USDC pool!

🦀 DeFi TVL remains steady — On May. 3rd, 2022, the total value locked (TVL) in Ethereum DeFi projects was $75.67B according to DeFi Pulse, almost 1% lower than the value we... Read more »
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Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor

A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for tapping into... Read more »
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India Plans to Impose 20% Tax on DeFi Transactions

India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the development... Read more »
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DeFi Lender Fei Protocol Suffers $80M Security Breach

Fei protocol, an Ethereum-based decentralized exchange, has suffered an extensive security breach a year after it merged with RAri Capital, a lending and borrowing protocol, smart contract analysis firm Blocksec reported on... Read more »
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DeFiChain Launches Decentralized Bridge to Connect With BNB Chain

DeFiChain, the world’s leading blockchain on the Bitcoin network dedicated to bringing decentralized financial (DeFi) applications  and services to everyone, officially announces the launch of DeFiChain Bridge. It’s a fully decentralized bridge... Read more »
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👩‍🌾 Exploring Yearn Finance’s Curve Rocket Pool Vault

🦀 DeFi TVL remains steady — On April. 26th, 2022, the total value locked (TVL) in Ethereum DeFi projects was $76.41B according to DeFi Pulse, almost 0.5% lower than the value we... Read more »
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Solana-based DEX Lifinity Raises $9.6M in IDO

Lifinity, a Solana-based decentralized exchange, raised $9.6 million in a recently concluded initial decentralized offering (IDO). The project raised the amount from over 2400 contributors representing wallet addresses that committed funds to... Read more »
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Credit-Based Stablecoin Beanstalk ($BEAN) Hacked for $182M

Beanstalk, a decentralized credit-based stablecoin protocol that is built on the Ethereum network, suffered a security exploit this weekend. Blockchain security firm PeckShield reported that Beanstalk lost an estimated $182 million to... Read more »

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