Browsing: DeFi News

BitGo opened decentralized finance access to Aave, Spark and Tesseract for eligible institutional clients using Narval’s gateway.

When the first cryptocurrency, Bitcoin, was proposed in 2008, the goal was simple: to create a digital currency free from banks and governments. Over time, that idea evolved into something much bigger: “decentralized finance,” or “DeFi.”

The latest Uniswap crypto price prediction has gained credibility after one of the biggest institutional developments in decentralized finance. BlackRock’s BUIDL$1.00 fund is now available through UniswapX, giving qualified investors an onchain route between tokenized US Treasuries and USDC▲$0.9999.

An unknown attacker siphoned more than $2.1M from the deprecated Aztec Connect protocol on Ethereum. 

Zach Pandl, Head of Research at Grayscale, highlighted decentralized AI as a major opportunity amid Anthropic’s mounting challenges, with Bittensor (TAO) emerging as the protagonist of his report. The altcoin has already surged nearly 30% in the last five days.

Persistent security breaches and stagnation in key DeFi metrics prevent institutional investors from embracing the sector. Without solving these issues, the ecosystem will remain an experimental niche.

Compound, one of the first protocols to make crypto lending work without a bank, has approved a record $52 million development budget and rebuilt its leadership around traditional-finance veterans.

Institutions can now use Bitcoin as collateral through a new Galaxy Digital lending program, with the company managing the underlying DeFi positions.

Yearn confirmed the incident, assuring that its V2 and V3 Vaults remain secure and unaffected.

North Korean-linked hacking groups have sent a shiver down the cryptosphere’s spine amid mounting losses for decentralized finance projects, but those fears have grown just as intense on Wall Street, according to Digital Asset co-founder and CEO Yuval Rooz.