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Latest DeFi News and Insights | Yellow.com
Trust Yellow.com for the latest and most reliable DeFi news and insights. Stay informed with accurate updates, expert analyses, and comprehensive articles on DeFi trends and market movements.
Ripple's President Unveils Strategy to Bridge TradFi and Web3
Jul 23, 2024
Ripple is gunning for the top spot in digital asset infrastructure for financial services. That's the word from company president Monica Long. In a recent blog post, Long laid out Ripple's strategy. They're eyeing more ways to nudge traditional finance (TradFi) towards modern financial tools. Ripp
Chainlink Set to Make DeFi and TradFi Converge, Says Sergey Nazarov
Jul 22, 2024
Chainlink creator Sergey Nazarov is making waves. He's predicting a seismic shift in finance. Traditional heavyweights are eyeing decentralized finance (DeFi), he says. Nazarov took to X with his forecast. He sees big players gearing up for digital assets and smart contracts. But that's just the be
Lumia's L2 Network: A Game-Changer for Real-World Assets?
Jul 18, 2024
Lumia has rolled out its Layer 2 (L2) network for Real-World Assets (RWAs). The move aims to boost on-chain liquidity. It also seeks to broaden the user base for tokenized assets. The network is modular. It offers higher capital efficiency. Lumia claims it's one of the first rollups designed for RW
LiFi Protocol Hacked, Over $10 Million Drained
Jul 16, 2024
The crypto world's got a fresh headache. LiFi protocol, a nifty tool for swapping and bridging cryptocurrencies, just got walloped. Hackers made off with over $10 million in digital assets. Ouch. Here's the deal. The bad guys found a loophole in LiFi's contract approvals. They used it to drain both
Ethereum Layer 2 Network Scroll Surpasses $1 Billion TVL
Jul 16, 2024
Scroll, a ZK rollup Layer 2 network, has joined the billion-dollar club. The project's total value locked (TVL) hit $1.03 billion, up 23% in a week. This milestone makes Scroll the 8th Ethereum Layer 2 to cross the $1 billion TVL mark. ETH dominates the mix at 87.29%, with stablecoins at 11.11% and
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