Tue, November 26

Search Results for: defi

Trump’s DeFi Project Sees Huge Interests Amid Token Launch Week

The cryptocurrency market has livened up this past week with bullish price actions and other new announcements. Notably, several leading digital assets including Bitcoin and Ethereum have retraced their steps to previous trading levels. Meanwhile, the crypto-political landscape has also made some new announcements.  Notably, Republican candidate Donald Trump’s World

October 15, 2024 2 mins read

Sui Network Boosts DeFi with Native USDC Integration Via NAVI Protocol

The Sui Foundation has recently announced support for native USDC on the Sui network. NAVI, the inaugural and leading DeFi and liquidity protocol on Sui, announced that it would integrate Circle’s native USDC asset on DAY 1. This represents the third biggest USDC supply in the sector, after Aave and Compound, with

October 9, 2024 3 mins read

Brazil Advances Drex CBDC Pilot with DeFi Innovations

Brazil’s Central Bank (Banco Central do Brasil) is advancing its Drex central bank digital currency (CBDC) project by integrating decentralized finance (DeFi) elements. Currently, the initiative is in its second pilot phase. It aims to enhance financial inclusion and improve transaction efficiency within Brazil’s evolving digital economy. The pilot program

October 4, 2024 2 mins read

$2M Bedrock Exploit Adds to DeFi Growing List of Cyberattacks 

The crypto sector continues to face an alarming wave of cyberattacks, with a recent breach involving the Bedrock protocol adding to the growing list of DeFi exploits. Ten hours ago, Cyvers Alert, a digital asset monitoring platform, flagged a suspicious transaction linked to Bedrock, a DeFi multi-asset liquid restaking protocol.

September 27, 2024 2 mins read