Paradex said a planned database upgrade briefly corrupted funding data, prompting a chain rollback and refunds after unintended liquidations across multiple markets.
Latest News on DeFi
Decentralized finance, also known as DeFi, is a sector within the overall cryptocurrency and blockchain industry focused on providing a decentralized version of mainstream financial opportunities. In the mainstream world, financial institutions offer customers access to opportunities such as cash storage and loans. However, these offerings are governed by centralized entities.
With the help of distributed ledger technology, or DLT, DeFi solutions offer a number of the same opportunities, but they are controlled by a large number of participants who abide by rules enforced by smart contracts. DeFi solutions also often give greater flexibility in terms of users’ ability to store and control their own assets. Additionally, decentralized exchanges, or DEXs, further decentralize digital asset trading, in contrast to trading on centralized digital asset platforms.
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US lawmakers pause the CLARITY Act as DeFi leaders warn the bill still risks developers, DAOs rethink governance and regulators face mounting pressure.
1668 - Spotlight
A series of technical upgrades, capped by the Fermi hard fork, reduced block times as BNB Chain continued adjusting its infrastructure to higher transaction volumes.
16012 - Opinion
Restaking yields come from token emissions and VC incentives, not productive activity. Complex models concentrate power among large operators, while compounding risk cascades.
2047 - News
Onchain asset manager Maple is taking syrupUSDC to Coinbase’s Base network, adding institutional credit rails while pursuing Aave's Base instance next.
2918 - News
The initiative comes as enforcement actions and pending market structure legislation raise questions about how privacy tools and open-source developers are treated.
1311 - News
The US Senate Agriculture Committee released a Republican draft of the market structure bill, which includes protections for crypto developers, setting it up for a markup next week.
1540 - News
ARK Invest’s latest analysis affirms it still sees Bitcoin reaching close to a $1 million price tag in 2030 on growing adoption.
2380 - News
The committee released a draft bill in November proposing a regulatory framework, but some lawmakers still have concerns about provisions on DeFi, ethics and stablecoins.
2086 - News
The submissions add to mounting pressure on regulators as Coinbase CEO Brian Armstrong calls for compromise to pass market structure legislation.
3209 - News
Mask Network will lead consumer-facing product execution on Lens, while Aave steps back to an advisory role focused on protocol infrastructure.
1549 - News
The new AI-powered crypto trading platforms are aimed at replacing traditional trading charts and order books with trading execution offered through natural language processing.
1838 - News
Pendle will begin to slowly phase out its governance token vePENDLE and replace it with sPENDLE this month, offering a more flexible model it hopes will boost adoption.
2332 - Opinion
Cross-chain bridges concentrate risk and centralize trust, creating vulnerabilities that could trigger a systemic crypto crisis under stressed market conditions.
2780 - News
The decentralized perpetuals exchange said multiple core services were affected as it worked through a rollback and recovery process.
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