DeFi: Unstoppable Explosive Financial Revolution?
5 fundamental reasons why DeFi is an explosive revolution and why the DeFi Summer 2.0 will happen.
DeFi Platforms Across Blockchains Hold $69.95B in TVL – 65.6% Locked on Ethereum
Total Value Locked (TVL) in decentralized finance (DeFi) platforms stood at $69.95 billion, as of Nov. 30.
Bridge Attacks Will Still Pose a Major Challenge for DeFi in 2023: Security Experts
Issues with bridges have a root cause: All of them have an "inherent vulnerability," Theo Gauthier, founder and CEO of Toposware, told Cointelegraph. According to Gauthier, no matter how secure a bridge is on its own, it is "entirely reliant on the security of the chains it connects," meaning that any breach or bug within one of the two bridged chains makes the overall bridge vulnerable.
DeFi Derivatives Trading Has Untapped Potential
As cults of personality and centralized platforms lose their sheen, we must return to the fundamentals that drove the crypto industry at its inception: decentralization, self-custody and economic empowerment for all. In a phrase: decentralized finance (DeFi).
MATIC Gears Up for 2023 As Polygon Inches Closer to the Final Launch of zkEVM
Leading Ethereum scaling solution provider Polygon announced the launch of the second version of its Polygon zkEVM public testnet as it prepares for its final mainnet launch.
NH Asset Was Approved To Provide Compliant VA Discretionary Management Account Service for Professional Investors
NH Asset, the subsidiary of New Huo Tech, was approved to provide compliant VA discretionary management account service for professional investors.
Aave To Use Chainlink’s PoR To Secure Bridged Assets on Avalanche
Popular decentralized finance (DeFi) lending protocol Aave is set to integrate proof of reserve in order to secure bridged assets on Avalanche, a layer-one blockchain specializing in smart contracts.
23 Blockchain Predictions for 2023
We are in the final convulsions of a nascent ecosystem, expelling bad actors and bad practices in a dramatic but ultimately maturing process. Here’s what we’ll see on the other side.
Staying Safe From DeFi Hacks: Learn Possible Vulnerabilities and Scam Attacks
Knowing about possible threats can help users to evaluate the risks of using a particular service to avoid losing funds.
North Korean Hacking Activity Ceases After Regulators Implement KYC – Report
According to a new press report published by South Korea's National Intelligence Service (NIS), North Korean hackers have stolen more than 800 billion Korean won ($620 million) worth of cryptocurrencies from decentralized finance, or DeFi, platforms this year. The agency also revealed it blocked a daily average of 1.18 million attacks perpetrated by national and international hacking organizations in November.
