CeFi News

DeFi losses dropped 40% in 2024 as advanced security measures strengthened protocols, while CeFi breaches surged to $694 million.

Ethena Labs has refuted inaccurate claims that it unfairly staked 180 million ENA tokens in its crypto farming event.

The significant contractual volume commitment from the 16 market makers comes shortly ahead of GRVT’s mainnet launch in the fourth quarter of 2024.

According to data from cybersecurity firm Cyvers, stolen funds on centralized exchanges increased 900% year-over-year in the second quarter of 2024.

A new player in the crypto space, CeDeFiAi, is making waves with its focus on user privacy and all-encompassing features. This "world’s first noncustodial CeDeFi aggregator" offers a centralized view of DeFi and CeFi holdings, prioritizing security and ease of use.

As the Web3 market grows, the industry faces compliance and risk management challenges, highlighting the need for robust transaction monitoring and due diligence solutions.

No specific timeline was given as to when users can receive their money back.

Binance CEO Changpeng Zhao emphasizes the need for a proper understanding of the crypto industry by regulators and active engagement by industry players to achieve regulatory clarity.

Regulatory considerations are front and center as a panel of cryptocurrency industry insiders unpacks the current state of CeFi and DeFi in Paris.

While members of the crypto community are doubtful the lawsuit against Coinbase will be successful, it has sparked a conversation about the issues with SMS 2FA.

This cycle’s Bitcoin and altcoin lows are behind us, Pantera CEO Dan Morehead says as he looks to a “year of rebuilding trust.“

Numerous parties have objected to the retention of Sullivan & Cromwell as lead counsel to FTX, citing conflicts of interest and insufficient disclosures.

Some cryptocurrencies will perform better than stocks in 2023 as they become less sensitive to macroeconomic factors, according to Arca’s chief investment officer, Jeff Dorman.

The exchanges are yet to finalize the potential merger, with WonderFi releasing a public statement in response to market speculation and a surging share price.

The deal has received initial approval from the bankruptcy judge but will require the approval of creditors and final court approval.