Bankruptcy
SafeMoon SFM token drops 6% following $11 million liquidity drain
Observers have questioned the potential connections between the transactions and SafeMoon's ongoing bankruptcy proceedings.
Oluwapelumi Adejumo 2 min read
DeFi News
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Privacy
Next stage of web3 evolution will be underpinned by zero knowledge tech
Zero knowledge technology paves the way for a new era of privacy and scalability in blockchain applications.
Regulation
US Treasury report finds crypto use in illicit financial activity remains small but growing fraction of total flows
Despite accounting for a minor portion of the total financial flows involved in money laundering, the burgeoning sector of virtual assets raises significant regulatory, compliance, and enforcement questions.
Latest DeFi News & Analysis
DeFi
Starknet-based zkLend announces ZEND token, reveals ambitious 2024 roadmap
zkLend said its planned features would help imporve the protocol user experience and adoption.
DeFi
DeFi ecosystem rebounds to 18-month high of $60 billion in assets, signaling investor confidence resurgence
DeFi TVL have increased by 68% since November 2023 thanks to the improved market conditions.
Crime
Hacked crypto funds falls 98% YoY to $1.9 billion as US leads attacks: Report
Hacken reports blockchain security sees significant progress with a dramatic reduction in crypto hack losses in 2023.
Exchanges
Jupiter airdrop propels Solana DEXs to outpace Ethereum in daily trading activity
Jupier airdropped $700 million worth of its JUP tokens to nearly a million wallets.
DeFi
Abracadabra Finance’s MIM stablecoin falls from peg after $6.5M hack
The total value of assets locked on Abracadabra has tanked by more than $10 million following the incident.
DeFi
dYdX native token surpasses $3 as it becomes top DEX by daily volume
The DEX volume surpassed that of notable rivals like Uniswap.
