Daily Crypto News & Musings

Latest News and Articles about DeFi

22-Year-Old Canadian Hacker Faces Charges for $65M Crypto Heist Targeting DeFi Platforms

22-Year-Old Canadian Hacker Charged with $65 Million Cryptocurrency Heist Andean Medjedovic, a 22-year-old Canadian, has been charged with stealing $65 million in cryptocurrency from Indexed Finance and KyberSwap, highlighting the ongoing security challenges in the DeFi space. Canadian hacker charged with $65 million in cryptocurrency theft Exploited Indexed Finance and KyberSwap using token manipulation and […]

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Web3 Developers Earn Top Salaries in 2024: DeFi, NFTs, DAOs Fuel Demand

Web3 Developers Command Top-Tier Salaries in 2024 Web3 developers are securing some of the highest salaries in the tech industry in 2024, reflecting the soaring demand for expertise in decentralized technologies. From DeFi to NFTs and DAOs, the competition for skilled professionals is fierce, leading to compensation packages that are turning heads across the industry. […]

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Lavenhill Securities Embraces Crypto and Blockchain, Inspired by SpaceX’s $350B Success

Lavenhill Securities Limited Leverages SpaceX Momentum to Explore Cryptocurrencies and Blockchain Technology Lavenhill Securities Limited, inspired by SpaceX’s innovative spirit, is venturing into the world of cryptocurrencies and blockchain technology to revolutionize global financial solutions. Inspired by SpaceX’s success Aims to simplify cross-border transactions Focus on enhancing DeFi with AI Commitment to security, transparency, sustainability […]

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AI-Powered Autonomous Agents Revolutionize Finance: Risks and Rewards

Machines vs. Markets: The AI Takeover of Finance The financial sector is witnessing a transformative shift as autonomous agents powered by artificial intelligence (AI) are set to revolutionize how we interact with money and markets. These agents, operating on decentralized networks, are poised to democratize financial tools, enhance market transparency, and expand the utility of […]

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Circle Mints 250M USDC on Solana, Aims for 6B by 2025 Amid Regulatory Scrutiny

4 February 2025 Daily Feed , , ,

Circle Boosts USDC Supply on Solana, Aims for 6 Billion by 2025 Circle has minted an additional 250 million USDC on the Solana blockchain, pushing the total supply towards a projected 6 billion by 2025. This expansion showcases the synergy between stablecoins and the fast, efficient Solana network, promising to bolster the platform’s DeFi ecosystem […]

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Ross Ulbricht’s Pardon Triggers $ROSS Memecoin Disaster: $12M Lost in DeFi Blunder

Ross Ulbricht’s Release Sparks $ROSS Memecoin Fiasco: A $12 Million DeFi Lesson Ross Ulbricht, the mastermind behind the Silk Road darknet marketplace, was recently pardoned by President Trump, prompting his supporters to create the $ROSS memecoin in celebration. However, enthusiasm turned to costly errors as wallet operators lost an estimated $12 million due to mismanagement […]

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Ether Strategy Loses $535K in ETH Due to Pre-Launch Error: DeFi’s Technical Risks Exposed

Ether Strategy’s Costly Misstep: A $535,850 Ethereum Lesson in DeFi’s Technical Trials In a costly twist of fate, Ether Strategy’s ambitious plan to revolutionize Ethereum investments crashed before takeoff, losing $535,850 in a single misstep. This incident highlights the razor-sharp edge of technical errors in the world of Decentralized Finance (DeFi). Ether Strategy aimed to […]

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Trump Media’s Truth.Fi Launches with Schwab: $250M into Bitcoin and DeFi

Trump Media Launches Truth.Fi with Charles Schwab: A Bold Step into DeFi Donald Trump’s Trump Media & Technology Group (TMTG) has taken a bold leap into decentralized finance (DeFi) with the launch of Truth.Fi, a new venture backed by a $250 million investment and a partnership with financial giant Charles Schwab. This move extends TMTG’s […]

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Ethereum Surges with 206,290 New Addresses, Outshining Market Downturn

Ethereum’s New Address Surge: A Beacon of Resilience Amid Market Downturn Ethereum has seen its largest spike in new addresses in 27 months, with over 206,290 new wallets created over the weekend. Despite a market downturn that has pushed Ethereum’s price below $3,100, the blockchain’s fundamentals continue to demonstrate strength and resilience. 206,290 new addresses […]

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PayPal USD (PYUSD) Now on Cardano, Boosting DeFi via Wanchain Bridge

30 January 2025 Daily Feed , , ,

PayPal USD (PYUSD) Stablecoin Expands to Cardano, Enhancing DeFi Ecosystem PayPal USD (PYUSD), initially available on Solana and Ethereum, has now expanded to the Cardano ecosystem through a cross-chain bridge developed by Wanchain. This move not only broadens the reach of PYUSD but also injects new life into Cardano’s decentralized finance (DeFi) landscape, which currently […]

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Maple Finance Launches “Lend + Long”: DeFi Meets Traditional Finance for Institutions

Maple Finance’s “Lend + Long”: Bridging Traditional Finance and DeFi for Institutional Investors Imagine a world where institutional investors could enjoy the thrill of Bitcoin’s upside without the stomach-churning rollercoaster of its volatility. That’s the promise of Maple Finance’s latest innovation, “Lend + Long,” a structured yield product designed to attract institutional investors to the […]

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Jennifer Rosenthal Shifts from Bitcoin ETFs to DeFi Advocacy at DEF

From Bitcoin ETFs to DeFi Advocacy: Jennifer Rosenthal’s New Mission Jennifer Rosenthal, formerly the Head of Communications at Grayscale Investments, has taken on the role of Chief Communications Officer at the DeFi Education Fund (DEF). This transition highlights her shift from advocating for Bitcoin investment products to championing decentralized finance (DeFi) in the United States. […]

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Creditcoin Unveils $10M Program to Boost DeFi Innovation and Inclusion

Creditcoin Launches $10 Million Ecosystem Program to Revolutionize Decentralized Finance Creditcoin, a foundational blockchain technology focused on real-world financial applications, is set to transform the landscape of decentralized finance (DeFi) with the launch of its $10 million Creditcoin Ecosystem Investment Program (CEIP). This significant initiative, which officially opened for applications on January 27, 2025, aims […]

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Paradigm Urges Ethereum to Speed Up Upgrades, Foundation Pledges 50,000 ETH to DeFi

29 January 2025 Daily Feed , , ,

Paradigm Urges Ethereum to Accelerate Protocol Upgrades While Upholding Core Values Paradigm, a leading crypto venture capital firm, has challenged Ethereum’s developers to pick up the pace of protocol upgrades while steadfastly preserving the network’s core principles of decentralization, openness, and neutrality. In a bold move on January 25, 2025, Paradigm threw down the gauntlet, […]

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Sonic Labs Integrates Chainlink’s CCIP: Boosting Blockchain Interoperability and DeFi

Sonic Labs Embraces Chainlink’s CCIP: A Leap Forward in Blockchain Interoperability Sonic Labs, formerly known as Fantom, has taken a significant step by integrating Chainlink’s Cross-Chain Interoperability Protocol (CCIP) into its mainnet, marking a crucial advancement in its blockchain ecosystem. Sonic Labs integrates Chainlink’s CCIP onto its mainnet. Includes Chainlink’s Data Streams and Data Feeds. […]

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Justin Sun’s Bold Strategy to Boost Ethereum to $10,000: DeFi, Halting ETH Sales, and More

Justin Sun’s Ambitious Plan to Propel Ethereum to $10,000 Justin Sun, the visionary behind the Tron blockchain, has outlined a bold strategy to boost Ethereum’s price to $10,000, which includes halting ETH sales, leveraging DeFi, and restructuring the Ethereum Foundation (EF). Justin Sun’s ambitious plan for Ethereum Strategies to boost ETH to $10,000 Ethereum Foundation’s […]

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Ethereum Foundation Dives into DeFi with 50,000 ETH for Passive Income

Ethereum Foundation Ventures into DeFi with 50,000 ETH, Aiming for Passive Income The Ethereum Foundation is making a strategic pivot into the world of decentralized finance (DeFi) by transferring 50,000 ETH into a new multi-signature wallet. This move, likely involving the use of Aave vaults, aims to generate passive income and could mark a significant […]

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Seamless Protocol Launches USDC Morpho Vault on Base: Revolutionizing DeFi Lending

Seamless Protocol’s USDC Morpho Vault Launches on Base: A Leap Forward in DeFi Can DeFi truly revolutionize finance? Seamless Protocol’s latest move on Base suggests it’s getting closer to that goal. By launching its USDC Morpho Vault on Coinbase’s Ethereum Layer 2 blockchain, Seamless is pushing the boundaries of what’s possible in decentralized finance. Seamless […]

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Ted Cruz Challenges IRS Crypto Rules with CRA, Sparks Industry Backlash

22 January 2025 Daily Feed , , ,

IRS Crypto Rules Spark Pushback From Texas Senator Ted Cruz Senator Ted Cruz is gearing up for a showdown with the IRS over controversial crypto income reporting rules, signaling a major battle between government oversight and the burgeoning world of decentralized finance. Cruz challenges IRS rule on crypto income reporting using CRA. Rule expands ‘broker’ […]

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Bitcoin Surges Past $100K: Trump’s 2024 Win Fuels Regulatory Shift and ETF Boom

21 January 2025 Daily Feed , , ,

Bitcoin’s Resurgence: A Regulatory Reset and a Path to Innovation Bitcoin has shattered the $100K barrier, signaling a new era of prominence in global finance. The 2024 election of Donald Trump has spurred a regulatory reset, fostering optimism in the crypto industry, with Bitcoin ETFs seeing record inflows and the stage set for Bitcoin-centered financial […]

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Torram Secures $710K to Build Bitcoin DeFi: Bridging TradFi and Crypto

Torram Closes $710K Pre-seed Round to Build Institutional-Grade DeFi on Bitcoin Torram has secured $710,000 in a pre-seed funding round to revolutionize DeFi on the Bitcoin blockchain, with backing from major investors like Draper Associates and Blockchain Founders Fund. Torram aims to bridge traditional finance with DeFi on Bitcoin. Funding from Draper Associates, Blockchain Founders […]

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Phantom Wallet Raises $150M to Boost Solana DeFi: Sequoia and a16z Lead

Phantom Wallet Secures $150 Million to Strengthen Its Position in the Solana Ecosystem Phantom Wallet, a leading cryptocurrency wallet focused on the Solana blockchain, has raised $150 million in a significant funding round led by Sequoia Capital and Andreessen Horowitz. This investment aims to enhance the wallet’s features and expand its user base amidst the […]

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Torram Secures $710K to Revolutionize Institutional DeFi on Bitcoin

Torram’s Pre-Seed Funding Signals a New Era for Institutional DeFi on Bitcoin Torram, a Canadian tech firm, has secured $710,000 in a pre-seed funding round to revolutionize how we use Bitcoin for institutional finance, with a vision to make transactions as simple as sending an email by 2027. $710,000 pre-seed funding round closed Focus on […]

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