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DEFI

Bunni DEX Shuts Down Following $8.4M Hack

The Bunni team says relaunching the platform would cost up to seven figures in audits, which they don’t have. Bunni, a decentralized exchange (DEX) built on Uniswap v4,…
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Tensions Flare Up Between US Lawmakers and Crypto Industry Execs

Deliberations over the crypto market structure bill between industry executives and US lawmakers hit a fever pitch on Wednesday in a tense meeting, following a leaked proposal from Democrats to impose permissioned requirements on the…
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Ocean Protocol Faces $250k Bounty after $120M Token Dump Allegations

The ongoing feud between Fetch.ai CEO Humayun Sheikh and Ocean Protocol Foundation took another twist, as the CEO issued a bounty for more information related to an alleged misappropriation of tokens worth millions of dollars. Sheikh, in an…
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Chainlink Price Gains on AWS Downtime; Is It Time To Rotate BTC Profits to LINK?

Chainlink (LINK) price has signaled macro bullish continuation after rebounding from a crucial support level around $16 in the past few days. The large-cap altcoin, with a fully diluted valuation of about $18.8 billion, gained over 8% in…
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China Tech Giants Halt Hong Kong Stablecoin Plans Amid Beijing Concerns

Chinese technology giants, including Ant Group and JD.com, have reportedly suspended plans to issue stablecoins in Hong Kong after regulators in Beijing voiced concerns over privately controlled digital currencies.The companies were…
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$11B Bitcoin Whale Returns, DeFi Hits $237B Record: Finance Redefined

Cryptocurrency markets showed signs of consolidation in the second week of October, even as investors continued to bet on another “Uptober” rally to new highs.Also in the news this week was the $11 billion Bitcoin (BTC) whale who returned…
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Democrats Implement Counter-Measure to Restrict DeFi Protocols

Despite previously supporting a crypto market structure bill, several Democratic Senators have reportedly introduced a counter-proposal that could see decentralized finance protocols placed on a "restricted list” if deemed too risky. This…
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Bitcoin, Cryptocurrency, and Web3 News

Today in crypto, DeFiLlama announces delisting of Aster perpetual trading volume data, Bitcoin rallied to a new all-time high on Sunday, and the Stripe CEO says stablecoins will force banks to offer users real interest on deposits.DeFiLlama…
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REX-Osprey and Defiance Fund Managers File a Series of Spot Crypto ETFs With U.S. SEC

The spot ETF market has revealed the recent high demand for altcoins by institutional investors. The United States Securities and Exchange Commission (SEC) has received dozens of spot crypto ETF applications, with the final deadlines…
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Pharos Network Teams Up With Morpho, Launching Native RWA Lending Infrastructure

The EVM-compatible blockchain meets an on-chain loan lending network. The alliance of two relatively recent entrants into the crypto space enables them to tap into the…
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