Category: Defi

[ad_1] The defi platform Raft has temporarily suspended the minting of its R stablecoin due to a security vulnerability that resulted in a substantial loss.  The company is currently investigating the incident and has promised to keep its users updated....

[ad_1] A LinkedIn post from JPMorgan Managing Director Naveen Mallela shares that the programmable payments product JPMorgan Chase & Co’s JPM Coin is now generally available to institutional clients. The product will enable users to manage automated functions, including dynamic...

[ad_1] Binance CEO Changpeng Zhao announced plans to enhance the security and usability of defi wallets, acknowledging current weaknesses and committing to future improvements. Binance CEO Changpeng Zhao, commonly referred to as CZ, talked about problems with defi wallets at...

[ad_1] A blockchain analyst under the pseudonym ZachXBT reported suspicious transactions from the wallets of the Australian exchange CoinSpot totaling $2 million. In his Telegram channel, blockchain detective ZachXBT pointed out two transactions. First, the attackers withdrew 1,262 Ethereum (ETH)...

[ad_1] TheStandard.io suffers a $264,000 theft via a PAXG liquidity pool exploit on Arbitrum. Defi stablecoin protocol TheStandard.io has been hacked for $264,000, according to reports from blockchain security analysts CertiK. The hacker allegedly conducted a low liquidity exploit of...

[ad_1] Solana (SOL) becomes the most traded altcoin in US exchanges this year.  Solana (SOL) is witnessing a dramatic climb in trading volume, outshining other altcoins on exchanges accessible in the United States over the current year. Leading exchange, Coinbase...

[ad_1] Crypto lending platform Celsius stands accused of operating a Ponzi Scheme. Image by Ulrich B. from Pixaba YEREVAN (CoinChapter.com) — Celsius Network operated as a Ponzi scheme, according to a new lawsuit by the crypto lending platform’s former investment manager...

[ad_1] PancakeSwap’s CAKE stands out with a 92% gain on the weekly timeframe, fueled by the introduction of a new feature on its platform.  PancakeSwap rallies Decentralized exchange PancakeSwap’s native token, CAKE, is causing a stir in the cryptocurrency world....

[ad_1] image from medium.com YEREVAN (CoinChapter.com) – Cryptocurrency lender Celsius Network filed for Chapter 11 bankruptcy protection shortly after repaying $900 million in DeFi debt since the withdrawal halt. Celsius files for Chapter 11 bankruptcy In a statement late Wednesday,...

[ad_1] A broad selloff has hit cryptocurrency markets over the past 24 hours, with the overall market capitalization falling nearly 3% to $1.27 trillion. The pullback comes after digital asset prices rallied strongly through October, with greed sentiment recently hitting...