According to a March 21 report published by decentralized finance analytics firm OpenCover, DeFi insurance companies paid out $34.4 million in claims in 2022. In context, only $36.9 million of such ...

Automotive loan software provider Defi Solutions last month reassured lenders that despite hacker claims to the contrary, no sensitive information had been accessed in a breach discovered nearly two ...

When a DeFi platform is hacked, suspicion often falls on insiders who are the most familiar with the smart contracts and security procedures and are, therefore, most likely to be able to devise an ...

Since 2019, hackers have raided DeFi protocols nearly 500 times, absconding with $6 billion and proving that smart contracts are no match for smarter miscreants. These are trying times in the world of ...

Feb 6 (Reuters) - Decentralized finance - DeFi - is getting a second wind. The amount of money deposited in this breed of crypto projects has leapt in recent months, swept up by a rally in bitcoin ...

Decentralized finance (DeFi) is rapidly emerging as the biggest loser in the ongoing cryptocurrency bear market. The total amount of capital locked on DeFi protocols dropped to its lowest point since ...

DeFi lost over 75% of its liquidity after 2022, prompting funds and DAOs to seek more reliable yield sources. Zoth enables the restaking of tokenized real-world assets, such as T-Bills and ETFs, by ...

Do Kwon, the co-founder of Terraform Labs, is taken to court in Montenegro. The United States and South Korea are seeking his extradition to face charges related to Terra Luna. Last Friday was the one ...

The behaviors of borrowers in the decentralized finance space and DeFi market dynamics are important considerations when designing and managing platforms involving tokenized assets, a study by the ...