Tuesday, October 22, 2024

Decentralised Finance

DecentralisedFinance

Dive into the world of decentralised finance (DeFi) with the latest updates and insights on this rapidly evolving sector. Our DeFi news covers everything from new protocols and platforms to market trends and innovations driving the future of finance. Stay informed on how DeFi is transforming traditional financial systems, enabling peer-to-peer lending, yield farming, and decentralised exchanges. Learn about the challenges and opportunities within the space, including security practices, scalability issues, and regulatory developments. Whether you're a seasoned investor or new to DeFi, our coverage will keep you up-to-date on all things DeFi

DeFi News

Bitcoin

Coinbase Introduces cbBTC: Wrapped Bitcoin Aims to Rival BitGo’s WBTC

yfarmx - 0
Coinbase has made a bold move into the world of decentralised finance (DeFi) with the launch of cbBTC, its own wrapped version of Bitcoin. This ERC-20 token, backed 1:1 by Bitcoin held in custody by Coinbase, allows Bitcoin holders to leverage their assets within the Ethereum and Base ecosystems. Coinbase’s entry into the wrapped Bitcoin market comes at a time of growing competition, particularly with BitGo, whose Wrapped Bitcoin (WBTC) has long dominated the space. With cbBTC, Coinbase aims to provide an alternative while expanding Bitcoin’s utility in DeFi.
Altcoins

The Inevitable Rise of Japanese Yen Stablecoins: Insights from Ripple’s Brad Garlinghouse

yfarmx - 0
In the landscape of cryptocurrency, where regulatory clarity often dictates market movement, Japan is aiming to stand out as a beacon of progressive policy....

MakerDAO Rebrands as Sky Ahead of USDS Stablecoin Launch

Aave Proposes New GHO Stability Module Integration with BlackRock’s BUIDL

Trump’s New Crypto Venture? Unveiling ‘World Liberty Financial’

Stablecoin Market Reaches Record $168.1 Billion as Institutional Demand Surges

DeFi Bridges

Other

Lazarus Group’s Sneaky Tactics: Attempts to Steal from Euler Finance Hackers

John Kamal - 0
On March 15th, 2023, Euler Finance, a decentralised finance (DeFi) protocol built on the Ethereum network, suffered a flash loan attack resulting in the loss of $199 million worth of digital assets. However, on March 21st, 2023, new developments emerged as North Korea's Lazarus Group, the same group responsible for the $540 million Ronin Bridge attack last year, attempted to steal from the Euler Finance hacker responsible for the recent attack.
Other

A partnership between Metropolis World and Flare Network will enable bridging between Metaverses

John Kamal - 0
Using Flare's blockchain technology, users will be able to seamlessly move between different metaverse ecosystems and blockchains, such as Decentraland and Sandbox, a key aspect of Metropolis' metaverse vision.

Hacked Ronin Bridge will Reopen with Enhanced Security and Refunds

Avalanche Bridge adds Bitcoin Support to allow BTC use in its DeFi protocols

Crypto bridge hacks total more than $1 Billion as cEX’s explore alternatives

Failed Rainbow Bridge Attack on NEAR Protocol Costs Attacker 2.5 ETH

Stablecoin News

Altcoins

The Inevitable Rise of Japanese Yen Stablecoins: Insights from Ripple’s Brad Garlinghouse

yfarmx - 0
In the landscape of cryptocurrency, where regulatory clarity often dictates market movement, Japan is aiming to stand out as a beacon of progressive policy....
Altcoins

MakerDAO Rebrands as Sky Ahead of USDS Stablecoin Launch

yfarmx - 0
MakerDAO, the pioneering decentralised finance (DeFi) platform, is undergoing a rebranding to Sky, introducing a new stablecoin, USDS, and a governance token, SKY.

Aave Proposes New GHO Stability Module Integration with BlackRock’s BUIDL

Stablecoin Market Reaches Record $168.1 Billion as Institutional Demand Surges

Gucci and TAG Heuer are the latest brands to adopt ApeCoin

New pound-backed stablecoin ‘PoundToken’ audited by KPMG

About us

YFarmX is a web3 media brand that delivers breaking news and premium insights about digital assets. As part of our editorial content, we provide learners with the critical analysis and information they need to make smarter decisions and to better understand emerging web 3.0 technologies.

Categories

Latest News

SBF Appeal Seeks to Overturn Conviction, Cites Judicial Bias

Solana News 0
Sam Bankman-Fried has filed an appeal seeking a retrial of his fraud conviction, citing judicial bias and claiming that the original trial was unfair. His legal team argues that the judge's actions compromised the fairness of the trial, leading to an unjust conviction.

UK Parliament Introduces New Bill to Recognise Cryptocurrencies as Personal Property

Regulation 0
The UK Parliament has introduced the Property (Digital Assets etc) Bill, officially recognising digital assets like Bitcoin, NFTs, and carbon credits as personal property. This new legislation provides owners with legal protections against fraud and theft, positioning the UK as a global leader in crypto law.

TADA Partners with TON to Introduce Web3-Powered Ride-Hailing

TON 0
TADA, a leading ride-hailing service in Southeast Asia, has partnered with the TON Foundation to launch TADA Mini, a Telegram-based app that integrates Web3 technology into ride-hailing. Users can now book rides directly through Telegram and pay with cryptocurrencies like $TON or $USDT-TON. This collaboration marks a step forward in mainstreaming blockchain technology and cryptocurrency adoption in everyday services.

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