DeFi in Crisis as Total Value Locked Plunges Due Market Constraints
The decentralized finance (DeFi) ecosystem has tanked with the amount of money locked, falling to its lowest level since early 2021. This comes amid a massive
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.
DEA Falls Victim to Crypto Scam, Losing $50K in Seized Funds
The United States Drug Enforcement Administration (DEA) has fallen prey to a cryptocurrency scam, resulting in the loss of over $50,000 in seized funds. This incident
Tornado Cash Founders Charged With Laundering $1B For Criminals
The US Department of Justice (DOJ) has charged Tornado Cash founders Roman Storm and Roman Semenov with money laundering and sanctions violations tied to the infamous
Balancer Recovers 97% of Funds After Vulnerability; $5.6M Still at Risk
The decentralized finance (DeFi) platform Balancer found itself facing a security vulnerability in its Version 2 (V2) pools. Swift action by the Balancer team managed to
Web3 Forms the Foundation of a Criminal Tool, Ex-SEC Official Alleges
Former chief of the SEC Office of Internet Enforcement John Reed Stark, known for his keen insights into financial matters, has leveled serious allegations against cryptocurrencies
Coinbase’s L2-Based Friend.tech is the New Hype, Generates Over $1.4M Fees in 24 Hours
The recently launched decentralized social network app Friend.tech is taking the cryptocurrency community by storm as it has generated over $1 million in fees, surpassing Uniswap
Over 500 Scam Tokens Detected on Recently Launched Base Network
The brand-new Base blockchain, introduced by popular crypto exchange Coinbase Global Inc., faced an unexpected challenge shortly after its launch this month. Due to its open
RocketSwap Issues an Emergency Plan Following a $825K Exploit
As per the recent development, RocketSwap has outlined an emergency plan to recover from an attack that swept $825K from the platform. The team took the
DeFi Aggregator Zunami Protocol Suffers $1.2M Exploit in Price Manipulation Attack
According to blockchain security firm PeckShield, Zunami Protocol, a decentralized yield farming aggregator for stablecoin staking, fell victim to a price manipulation attack, resulting in losses
Maple Finance Taps Exemption to Serve US Customers
Maple Finance, a blockchain-related marketplace for institutional investors, has extended its latest Cash Management Solutions to the US market after securing an exemption that allows it
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