DeFi

defi news

Decentralized finance, known as DeFi, is emerging as the evolution of the obsolete traditional finance, these DeFi provide an extra of decentralization, transparency and security.

In this section you will find the latest news related to decentralized finance, new projects, partnerships and everything you need to be informed of everything that happens around you.

Without the need to trust third parties, more secure, transparent and without borders, DeFi will give a lot to talk about and from Crypto Economy we will tell you about it.

Elon Musk and his popular organization are caught in a flurry of allegations for running and supporting a pyramid scheme to support Dogecoin.

Elon Musk, Tesla, and SpaceX Hit With a $258 Billion Dogecoin Pyramid Scheme Lawsuit

Elon Musk and his popular organization are caught in a flurry of allegations for running and supporting a pyramid scheme to support Dogecoin. Along...
DeFi Platform Inverse Finance Hacked; Loses Over $1.2M

DeFi Platform Inverse Finance Hacked; Loses Over $1.2M

Ethereum-based DeFi lending protocol, Inverse Finance, suffered a flash loan attack, where attackers stole $1.26 million in Tether (USDT) and Wrapped Bitcoin (WBTC). As...
Israel and Hong Kong Test Cyber Risks of CBDCs

Israel and Hong Kong Test Cyber Risks of CBDCs

The Bank of Israel announced that it is collaborating with Hong Kong Monetary Authority to phase out a digital currency, including finding out how...
Metamask Announces Discovery of a Vulnerability in its Wallet

Metamask Announces Discovery of a Vulnerability in its Wallet

MetaMask published an article describing a vulnerability in the wallet and the fixes that have been made in the new version. The release notes...
Arbitrage is Being the Secret Weapon of Traders in this Crypto Winter

Arbitrage is Being the Secret Weapon of Traders in this Crypto Winter

Ever since January, cryptocurrencies have seen a considerable decline. As a result, current investors are selling off their assets at a lower price. On...
Are Merchants Ready to Receive Payments in Cryptocurrencies

Are Merchants Ready to Receive Payments in Cryptocurrencies?

Cryptocurrencies were rather unknown a few years back, and no one could anticipate their integration into the traditional economic ecosystem. However, the modern world...
Optimism Exploited of 20M OP Tokens After a Transfer Error

Optimism Exploited of 20M OP Tokens After a Transfer Error

Ethereum Layer-2 solution, Optimism, lost 20 million tokens that were inadvertently sent to a wrong blockchain address. The digital tokens were sent to Layer-1...
Silicon Valley Is Falling Victim to Crypto Scammers

Silicon Valley Is Falling Victim to Crypto Scammers

Silicon Valley techies are being fleeced by cryptocurrency fraudsters who are stealing millions of dollars. A new article entitled "Seduced by crypto and taken...
The Brazilian Development Bank Initiates a Blockchain Network

The Brazilian Development Bank Initiates a Blockchain Network

To increase public transparency in different institutions, the Brazilian Development Bank has launched the Brazilian Blockchain Network. The Court of Accounts of the Union...
Binance Labs Drum Up $500M To Boost Web 3 Adoption

Binance Labs Drum Up $500M To Boost Web 3 Adoption

Binance Labs, the venture capital arm of cryptocurrency behemoth Binance, raised $500 million in partnership with global institutional investors DST Global Partners and Breyer...

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