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Decentralized finance, or DeFi, is a subset of the cryptocurrencies and blockchain industries that aims to provide a decentralized version of traditional financial services.
Financial firms in the mainstream provide consumers with services such as cash storage and loans. These services, however, are regulated by centralized bodies.
At CoinCu News, we provide you the most up-to-date information about DeFi and how it may help us better our present financial system.
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DeFi
Team Finance Stolen $14.5 Million, Protocol Temporarily Down
Currently, all transactions on the Team Finance protocol are in jeopardy. The protocol has just
Oct
THORChain Has Outage, Update Will Be Released In A Few Hours
The decentralized cross-chain transaction protocol THORChain says the network has been disrupted and has identified
Oct
Hong Kong, Reap Startup Company Raises $40M For Web3 Development
Reap, a Hong Kong-based provider of digital payments, has raised $40 million in a funding
Oct
Bitkeep Has Completed 99% Compensation And Will Take Legal Action Against Hackers
BitKeep announced that it has completed compensation for 99% of victims affected by the $1
Oct
UXD Protocol Given Back Its Tokens From Mango Markets Exploit
UXD Protocol, a decentralized stablecoin protocol on Solana, informed users that all assets lost during
Oct
Sushi DAO’s New Legal Structure Will Split Sushi Into Three New Entities
Sushi DAO, the community in charge of the decentralized exchange project SushiSwap, has approved a
Oct
Compound Suspends Four Tokens To Protect From Security Attacks
Protocol for Decentralized Lending Compound has put four tokens on hold as loan collateral on
Oct
Ribbon Finance Offered A Government Proposal For New Institutional Borrowers
Ribbon Finance, a DeFi protocol that provides investors access to crypto-structured goods, is considering launching
Oct
Aave-based Flashlend Market Flaave Goes Live
Flaave, a market for flashlending on Aave, announced its launch. Flaave is supported by Aave
Oct
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