According to a March 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9 million of such ...

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. The ongoing downturn ...

Since 2019, hackers have raided DeFi protocols nearly 500 times, absconding with $6 billion and proving that smart contracts are no match for smarter miscreants. These are trying times in the world of ...

Decentralized finance (DeFi) is rapidly emerging as the biggest loser in the ongoing cryptocurrency bear market. The total amount of capital locked on DeFi protocols dropped to its lowest point since ...

Feb 6 (Reuters) - Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in bitcoin ...

DeFi lost over 75% of its liquidity after 2022, prompting funds and DAOs to seek more reliable yield sources. Zoth enables the restaking of tokenized real-world assets, such as T-Bills and ETFs, by ...

Crypto hacks climbed to a record $3.8 billion in 2022, Chainalysis said in a report. Groups linked to North Korea ripped off nearly half that value, taking $1.7 billion. Among the largest hackers was ...

Do Kwon, the co-founder of Terraform Labs, is taken to court in Montenegro. The United States and South Korea are seeking his extradition to face charges related to Terra Luna. Last Friday was the one ...

Decentralized finance (DeFi) exploded into the public consciousness in 2020, as an ambitious offshoot of the cryptocurrency space that promised to revolutionize the world of financial services. That ...