DeFi

A pseudonymous cryptocurrency analyst issued a warning to investors and traders in the digital currency ecosystem, predicting a gradual decline for several prominent cryptocurrencies, including Solana (CRYPTO: SOL), Chainlink (CRYPTO: LINK), Avalanche (CRYPTO: AVAX) and the decentralized...

OKX on Monday announced the launch of its crypto exchange and Web3 wallet services in Brazil to offer traders a platform for trading a wide array of cryptocurrencies, along with options such as staking rewards and DeFi integrations. The platform will support Brazilian Real (BRL...

Decentralized exchange KyberSwap publicly offered a 10% bounty to an unidentified hacker responsible for a cyber heist, in which funds worth over $50 million were siphoned off. The offer was communicated through a message from a contract deployer wallet associated with KyberSwap. The message...

Changpeng Zhao, the CEO of Binance (CRYPTO: BNB), the world's largest cryptocurrency exchange, announced his resignation from the role Tuesday.  Zhao's decision comes after a period of intense scrutiny and regulatory challenges for Binance, with the U.S. Department of Justice slamming...

Highlighting blockchain technology's transformative impact on global finance and the payment industry, Pratik Gauri, the CEO of 5ire on Monday delved into the global shift towards sustainable digital finance and the unique approaches of countries like the UAE, Nigeria,...

A group of nine bipartisan U.S. lawmakers has appealed to the Treasury Department to reconsider its proposed digital assets taxation regime, expressing concerns that the current proposals, if implemented, could stifle innovation and adversely impact the digital asset ecosystem. The central...

SC Ventures, the venture capital arm of Standard Chartered, is partnering with Japanese conglomerate SBI Holdings to establish a digital asset joint venture investment company in the United Arab Emirates (UAE). The joint venture, which will be capitalized with $100 million, aims to invest in...

The digital asset landscape is at a pivotal crossroads, with the ethos of decentralized finance (DeFi) — privacy and decentralization — clashing with the growing demands for regulatory compliance. At Solana's (CRYPTO: SOL) Breakpoint crypto conference, Tommy Johnson and Taylor...

Yannik Schrade, co-founder of privacy protocol Elusiv, articulated on Friday a nuanced view on the regulatory stances in the U.S. and Europe. Schrade emphasized the need for innovation-friendly policies, even as he delved into the intricacies of maintaining privacy in the era of...

The trial of FTX founder Sam Bankman-Fried is another age-old story of a financial entity defrauding its users, according to Robinson Burkey of the Wormhole Foundation. The majority of the crypto industry will soon rejoice, Burkey predicts. “The majority of the crypto industry is going to be...

Decentralized finance (DeFi) protocol Onyx recently experienced a significant security breach that resulted in the misappropriation of about $2.1 million. According to The Block, citing blockchain security firm BlockSec, the breach was due to a specific flaw within Onyx's system, termed as...

Rajeev Bamra, SVP – Head of DeFI & Digital Assets, Moody’s Investors Service will be speaking at the upcoming Benzinga Future Of Digital Assets. Mark Nov. 14 on your calendar for the must-attend gathering in the industry! Decentralized finance, or DeFi, is a bold...

Decentralized finance (DeFi) is the primary entry point for new users in the blockchain ecosystem. That's according to a study conducted by data analytics platform Nansen, which discovered that an average of 63% of a new user's first on-chain actions are associated with DeFi counterparties...

The fervor surrounding cryptocurrencies continues to grow, with North America spearheading institutional activity in the crypto sector. A research report by Chainalysis reveals that 76.9% of North America's cryptocurrency transaction volume is spurred by transfers of $1 million or more. This...

Former Alameda Research engineer Aditya Bharadwaj has shed light on the company's significant security incidents that led to the loss of hundreds of millions of dollars.  Amid these revelations, industry experts and stakeholders are gearing up for Benzinga's Future of...