DeFi losses dropped 40% in 2024 as advanced security measures strengthened protocols, while CeFi breaches surged to $694 million.
Defi news
PancakeSwap’s 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.
ZachXBT said a hacker had breached 15 crypto-focused X accounts to share scam memecoins that netted the attacker about $500,000.
Montenegro’s Constitutional Court rejected Do Kwon’s appeal, backing his extradition amid claims by the US and South Korea.
The regulation is set for implementation on Feb. 25, 2025, allowing the country’s crypto service providers to halt “risky” crypto transactions with insufficient user information.
Crypto investment should more closely follow adoption patterns in emerging markets.
Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million.
Pyth Network has expanded its decentralized oracle services with real-time oil market data for WTI and Brent Crude Oil, enabling DeFi energy market applications.
White hat organization Security Alliance (SEAL) urged users to transfer crypto funds from LastPass if their private keys had been stored there since December 2022 or earlier.
The CeDeFi stablecoin has attracted billions of inflows due to double-digit staking yields.