DeFi Exchange Bunni Permanently Closes After Massive Hack, Opens Treasury to Users
TL;DR: Bunni shuts down after losing $8.4M in a flash loan exploit. The protocol opens its remaining $2M treasury to affected users. The hack highlights ongoing
DeFi News (Latest Publications)
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 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.
1inch Pushes Boundaries With Unified Platform Simplifying Decentralized Finance
TL;DR 1inch has launched a unified platform that integrates multiple blockchains and liquidity sources into a single interface, aiming to make decentralized finance (DeFi) more accessible
Aave Tightens Grip on Ethereum Lending with $25 Billion Loan Dominance
TL;DR Aave controls 82% of Ethereum’s lending market, managing about $25 billion in outstanding debt and holding a $50 billion TVL. The protocol serves roughly 1,000
Visa Announces Strategic Initiative to Connect Traditional Institutions With DeFi Markets
TL;DR Visa will redefine DeFi as “onchain finance” to connect credit protocols with financial institutions. It will act as an infrastructure and compliance layer, without issuing
DeFi and Perp DEXs Show Resilience Amid $19B Market Liquidation
TL;DR Stress Test Passed: Decentralized exchanges (DEXs) for perpetuals and the DeFi sector handled a massive market liquidation without systemic failures. Increase in Fees: High volatility
MetaDAO Governance Blocks Proposed Token Sale After Strong Community Opposition
TL;DR The MetaDAO collective voted overwhelmingly against offering a discount to venture capitalists (VCs). A proposal for a 30% discount on META tokens for strategic investors
Kamino Partners With Project 0 to Streamline Risk and Capital Efficiency Across Solana DeFi
TL;DR Kamino, a leading protocol on Solana, is integrating with the DeFi prime broker, Project 0. A significant alliance that seeks to radically optimize capital efficiency
Hyperliquid’s HIP-3 Upgrade Opens the Door to User-Created Futures Exchanges
TL;DR Hyperliquid has implemented the HIP-3 upgrade, allowing users to launch their own futures exchanges. The new exchanges (vaults) will run in isolation, without affecting the
Pudgy Penguins Expands Utility on Solana With Launch of PenguSOL Liquid Staking Token
TL;DR New DeFi Product: Pudgy Penguins launched PenguSOL, a new Pudgy Penguins Solana liquid staking token, to generate yield. Increased Utility: The launch aims to boost
Proposed U.S. Bill Could Put DeFi on the Chopping Block With ‘Restricted List’ Rules
TL;DR Democratic proposal: Senate Democrats introduced a plan allowing the Treasury to create a “restricted list” of risky DeFi protocols, imposing KYC rules and penalties on
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