An alternative being considered by the US Department of the Treasury is incorporating identity verification into decentralized finance (DeFi) smart contracts; nevertheless, there are other potential uses for digital identification tools and other new technologies in the battle against criminal financing in cryptocurrency markets. Recently passed into law, the Genius
Customers who had their funds stolen in the recent Arcadia Finance theft were reimbursed by Crypto-native insurance alternative Nexus Mutual. An notification made public on Monday said that Nexus Mutual has paid out around $250,000 to customers who had their money stolen in the Arcadia Finance attack. A theft occurred in
The decentralized finance (DeFi) sector witnessed a massive revenue downturn in March 2025. Most of the major protocols across multiple blockchains reported over 50% decline in their revenues. Defi protocols generate their revenue from transaction fees, lending fees, and other service charges. The drop in revenues indicated a decline in
As we enter another weekend of bearish prices, investors contemplate buying the dip or selling for a loss. Bitcoin has dipped to the $83K level, just two days after testing $88,000. This has caused the overall market also to descend downwards with significant drops seen in leading altcoins. Meanwhile, Ethereum
As the week inches to an end, the crypto market prices have once again retreated to consolidation. Similar to previous days, regulatory advancements are failing to translate into cryptocurrency prices, causing frustration. Meanwhile, new tokens have continued to crop up, drawing attention from the community. Notably, in January this year,
DeFi protocols live or die by the quality of their code, whether they are designed for trading, lending, swapping, staking, or something else. Just as banks employ complex security measures to protect their vaults, DeFi developers fine-tune smart contracts to ensure they run smoothly and can’t be exploited. Despite their
The DeFi sector over the past year has entertained an increasing amount of AI integrations into various projects. By combining blockchain technology with AI multiple projects have pushed boundaries in particular sectors paving the way for revolutionary results. Some of the sectors include real estate, AMM, and the latest crypto
World Liberty Financial (WLFI), a decentralized finance (DeFi) project associated with former U.S. President Donald Trump and his sons, has raised $550 million in its token sale. The fundraising, which was completed on March 13, was announced on the project’s official website. Token Sale Performance and Adjustments WLFI launched in
Criticism of Usual Protocol DeFi stablecoin issuance protocol was due to a loss of parity in the staked stablecoin, USD0++. This began depegging on January 9 at a coin level reaching a value of $0.89, while by later stages of recovery. It stood at $0.92 and created fear for both
The New DeFi Regulations from the IRS On December 27, 2024, the IRS released a final rule that may change the course of decentralized finance (DeFi) forever. The rule classified DeFi front-end platforms as brokers, similar to those in decentralized exchanges (DEXs). This means that Uniswap, among other similar exchanges.
