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Delhi, Bengaluru Led Crypto Adoption in India in 2024, Memecoins Garnered Attention: CoinSwitch
CoinSwitch’s report reveals that Shiba Inu, Dogecoin, and Pepecoin gained significant popularity in India. Additionally, it highlights that 75 percent of India’s crypto investors are under 35 years old.
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Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
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What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained
Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a "liquidity provider" for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.
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Giottus Exchange Lists 43 New Cryptocurrencies in India, Pumps Total Token Count to 300
A total of 43 new cryptocurrencies have been listed on the Giottus crypto exchange. Cryptocurrencies related to decentralised finance (DeFi) protocols, real world assets (RWA), Artificial Intelligence (AI), and memecoins have made it to Giottus’ refreshed list. The exchange is said to have around 300 tokens currently listed for trading. It claims...
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DeFi Gets Second Wind as Deposits Climb After Launch of Spot Bitcoin ETFs
Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin ETFs in America.
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Asset Tokenisation, DeFi for Masses: Giottus CEO Lists Crypto Trends Poised to Succeed in 2024
The global Web3 industry is set to see the rise of certain market trends in the year 2024. As per Vikram Subburaj, the CEO of India’s Giottus crypto exchange – DeFi, Layer-2 blockchain networks, asset tokenisation, and AI tokens are expected to rise in popularity in the Web3 landscape.
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Shiba Inu’s Metaverse, DeFi-Focussed Shibarium Blockchain Goes Live, Sees Snags: Everything to Know
The Shiba Inu team has launched its Shibarium blockchain hoping to onboard promising Web3 projects onto its ecosystem. The aim is to push more SHIB tokens into circulation while separating the cryptocurrency from the ‘meme coin’ image. The Shiba Inu team is focussed on getting more DeFi and Metaverse players to be part of its ecosystem.
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Curve Finance DeFi Exchange Hacked, Losses Estimated to Be Over $40 Million
The native token of one of crypto’s top decentralized exchanges tumbled after the platform said it had been “exploited” as a result of a vulnerability in a programming language.
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Mango Markets Exploiter Tried to Exploit Aave Loophole: Here's How the Attempt Failed
An unidentified trader, believed to be Mango Market's exploiter Avraham Eisenberg, accumulated a roughly 92 million token loan of CRV, the native token of Curve Finance, over a period of six days. But rather than pay back the loan, the trader allowed a total of about $63.6 million (roughly Rs. 5163 crore) in USDC collateral to be liquidated.
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Coinbase Partners With DeFi Giant MakerDAO to Custody Its Treasury of USDC
MakerDAO governance token holders on Monday overwhelmingly voted in favour of Coinbase Global's proposal that would generate a tidy source of revenue for the decentralised finance (DeFi) giant.
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Crypto Sector Raises Over $30 Billion in Fundings, CeFi Bags Maximum
Web3-related firms have already roped-in $30.3 billion (roughly Rs. 240 crore) in fundings between January and June this year, analytics firms Messari and Dove Metrics said in a recent report. So far, companies working around centralised finance (CeFi), decentralised finance (DeFi), and non-fungible tokens (NFTs) have garnered the aforementioned am...
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Jump Crypto Gives $320 Million to Replace Funds Stolen in Wormhole Hack, Executes Largest DeFi Bailout
In what is being regarded as the biggest bailout in DeFi, Jump Crypto deposited Ether worth $320 million (roughly Rs. 2,391 crore) in Wormhole accounts. This amount was stolen in a hack attack on Wormhole earlier this week. Jump Crypto is a venture capital firm that owns the developer of Wormhole.
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Top DeFi Cryptos for 2022: Aave, Balancer, PancakeSwap, More
Decentralised finance, or DeFi, uses emerging technology to remove third parties in financial transactions with key components of the technology being stablecoins, software, and hardware that enables the development of applications.
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Terra Ecosystem Announces Luna Foundation Guard to Safeguard Its Stablecoins From Volatility
Intended to grow the Terra ecosystem and help stabilise it, the Luna Foundation Guard is a non-profit organisation aimed at funding decentralised finance (DeFi) projects that utilise Terra’s stablecoins and building a reserve to maintain Terra’s dollar-pegged stablecoin.
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RadioShack Plans to Usher Older CEOs into Crypto Space, Considers Launching Exchange
RadioShack is planning to launch a crypto exchange, focused on helping company CEOs aged around 68 years, understand and experiment with the crypto space. After launching its RADIO token and RadioShack DeFi recently, the company wants to dive deeper into the crypto market.
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Delhi, Bengaluru Led Crypto Adoption in India in 2024, Memecoins Garnered Attention: CoinSwitch
CoinSwitch’s report reveals that Shiba Inu, Dogecoin, and Pepecoin gained significant popularity in India. Additionally, it highlights that 75 percent of India’s crypto investors are under 35 years old.
-
Wash Trading Remains ‘Widespread’ in DeFi, Researcher Kaiko Says
The wash trading strategy used to boost the FBI-created token NexFundAI remains a common practice on decentralised-finance exchanges (dexes), and can be encountered on certain centralised exchanges as well, according to researcher Kaiko.
-
What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained
Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a "liquidity provider" for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.
-
Giottus Exchange Lists 43 New Cryptocurrencies in India, Pumps Total Token Count to 300
A total of 43 new cryptocurrencies have been listed on the Giottus crypto exchange. Cryptocurrencies related to decentralised finance (DeFi) protocols, real world assets (RWA), Artificial Intelligence (AI), and memecoins have made it to Giottus’ refreshed list. The exchange is said to have around 300 tokens currently listed for trading. It claims...
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DeFi Gets Second Wind as Deposits Climb After Launch of Spot Bitcoin ETFs
Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in Bitcoin driven by the launch of spot Bitcoin ETFs in America.
-
Asset Tokenisation, DeFi for Masses: Giottus CEO Lists Crypto Trends Poised to Succeed in 2024
The global Web3 industry is set to see the rise of certain market trends in the year 2024. As per Vikram Subburaj, the CEO of India’s Giottus crypto exchange – DeFi, Layer-2 blockchain networks, asset tokenisation, and AI tokens are expected to rise in popularity in the Web3 landscape.
-
Shiba Inu’s Metaverse, DeFi-Focussed Shibarium Blockchain Goes Live, Sees Snags: Everything to Know
The Shiba Inu team has launched its Shibarium blockchain hoping to onboard promising Web3 projects onto its ecosystem. The aim is to push more SHIB tokens into circulation while separating the cryptocurrency from the ‘meme coin’ image. The Shiba Inu team is focussed on getting more DeFi and Metaverse players to be part of its ecosystem.
-
Curve Finance DeFi Exchange Hacked, Losses Estimated to Be Over $40 Million
The native token of one of crypto’s top decentralized exchanges tumbled after the platform said it had been “exploited” as a result of a vulnerability in a programming language.
-
Mango Markets Exploiter Tried to Exploit Aave Loophole: Here's How the Attempt Failed
An unidentified trader, believed to be Mango Market's exploiter Avraham Eisenberg, accumulated a roughly 92 million token loan of CRV, the native token of Curve Finance, over a period of six days. But rather than pay back the loan, the trader allowed a total of about $63.6 million (roughly Rs. 5163 crore) in USDC collateral to be liquidated.
-
Coinbase Partners With DeFi Giant MakerDAO to Custody Its Treasury of USDC
MakerDAO governance token holders on Monday overwhelmingly voted in favour of Coinbase Global's proposal that would generate a tidy source of revenue for the decentralised finance (DeFi) giant.
-
Crypto Sector Raises Over $30 Billion in Fundings, CeFi Bags Maximum
Web3-related firms have already roped-in $30.3 billion (roughly Rs. 240 crore) in fundings between January and June this year, analytics firms Messari and Dove Metrics said in a recent report. So far, companies working around centralised finance (CeFi), decentralised finance (DeFi), and non-fungible tokens (NFTs) have garnered the aforementioned am...
-
Jump Crypto Gives $320 Million to Replace Funds Stolen in Wormhole Hack, Executes Largest DeFi Bailout
In what is being regarded as the biggest bailout in DeFi, Jump Crypto deposited Ether worth $320 million (roughly Rs. 2,391 crore) in Wormhole accounts. This amount was stolen in a hack attack on Wormhole earlier this week. Jump Crypto is a venture capital firm that owns the developer of Wormhole.
-
Top DeFi Cryptos for 2022: Aave, Balancer, PancakeSwap, More
Decentralised finance, or DeFi, uses emerging technology to remove third parties in financial transactions with key components of the technology being stablecoins, software, and hardware that enables the development of applications.
-
Terra Ecosystem Announces Luna Foundation Guard to Safeguard Its Stablecoins From Volatility
Intended to grow the Terra ecosystem and help stabilise it, the Luna Foundation Guard is a non-profit organisation aimed at funding decentralised finance (DeFi) projects that utilise Terra’s stablecoins and building a reserve to maintain Terra’s dollar-pegged stablecoin.
-
RadioShack Plans to Usher Older CEOs into Crypto Space, Considers Launching Exchange
RadioShack is planning to launch a crypto exchange, focused on helping company CEOs aged around 68 years, understand and experiment with the crypto space. After launching its RADIO token and RadioShack DeFi recently, the company wants to dive deeper into the crypto market.
