DeFi

Amidst improved investor sentiment, blockchain security firm PeckShield’s report for March 2024 revealed a concerning surge in crypto hacks, with over 30 incidents causing approximately $187.29 million in losses. Despite these setbacks hindering progress in the DeFi sector, the community can find some solace in the recovery of almost $99 million during the same period. In fact, the latest figure also marks a significant 48% decrease from the previous month, February 2024. Among the most devastating breaches, Munchables, a Web3…

Polkadot community is gearing up for the entire protocol upgrade to Polkadot 2.0. These fundamental and other positive trends in the Polkadot ecosystem present good boosts for DOT price. In anticipation of the impending launch of Polkadot 2.0, speculations is high on whether the update would be a game changer for Decentralized Finance (DeFi) or if it is just overhyped. These discussions follow a potential rally for Polkadot’s native cryptocurrency, DOT. Polkadot 2.0 Update Polkadot is a leading layer zero…

ProfitRocket AI has emerged as a groundbreaking force in the decentralized finance (DeFi) landscape, marking its territory with a significant relaunch that introduces a host of enhancements aimed at transforming the cryptocurrency investment experience. At the heart of its innovative push is the integration of AI-driven trading algorithms designed to optimize investment strategies and maximize returns for the community. The relaunch celebrates a comprehensive overhaul that brings to the forefront a new, community-oriented focus, an ongoing presale event for its…

Decentralized Finance, or DeFi, has taken the cryptocurrency world by storm, offering a new paradigm for financial services that prioritizes transparency, accessibility, and user control. At the heart of this revolutionary ecosystem lies a powerful tool: smart contracts. These self-executing contracts, with the terms of the agreement directly written into code, have become the backbone of DeFi platforms, enabling a wide range of innovative applications and services. In this article, we’ll explore the crucial role that blockchain contracts play in…

What will the price of Uniswap (UNI) and Injective (INJ) be in 2024? After short dips, these altcoins are ready for a good rally. In addition, Borroe Finance ($ROE) is also attracting investors with its fusion of AI and DeFi. Let’s learn more about these top DeFi coins– UNI, INJ, and $ROE. Will Uniswap Trade Above $15 In 2024? Uniswap, a pioneer DEX (decentralized exchange), is showing a recovery sign in this volatile market. In late March, UNI was trading…

The post Can DeFi Make You A Crypto Millionaire? DOT, Bitbot & Scorpion Casino Can With These Crypto Predictions appeared first on Coinpedia Fintech News The dream of achieving millionaire status through cryptocurrency investment continues to enthral a growing segment of the global financial landscape. Decentralized Finance (DeFi) has emerged as a particularly fertile ground for such aspirations, with many projects promising lucrative returns and innovative models for generating passive income.  This article explores three trending DeFi projects – Scorpion…

Delaware, USA, March 28th, 2024, Chainwire In a move to greatly improve the user experience of DeFi users in the Ethereum ecosystem, DeFi Saver integrated native support for Safe smart accounts and multisigs. DeFi Saver, one of the leading apps for creating, tracking, and managing DeFi positions on Ethereum just announced they’ve integrated account abstraction leader Safe, to take the experience of DeFi users to the next level. This comes on the back of Safe’s recently announced milestone of more…

On March 26, Hashdex announced the renaming of the Hashdex Bitcoin Futures ETF to the Hashdex Bitcoin ETF, which will trade under the ticker ‘DEFI.’ The move to convert the futures fund to a spot ETF has been made in partnership with Tidal Investments LLC. DEFI has completed the conversion of its investment strategy to allow the fund to hold spot Bitcoin and track the Nasdaq Bitcoin Reference Price, it noted. Crowded ETF Marketplace Hashdex has now become the eleventh…

Velar is listing its token $VELAR on Bybit, a top crypto exchange, aiming to bring over $1 trillion in dormant Bitcoin to DeFi. With innovative features like perpetual DEX and up to 20x leverage, Velar empowers users to maximize the utility of their BTC holdings. Velar, a Bitcoin liquidity protocol, is set to revolutionize the decentralized finance (DeFi) landscape by launching its native token, VELAR, on Bybit, a top-tier cryptocurrency exchange. This move signals a significant leap forward in Velar’s…