Latest DeFi News and Insights | Yellow.com

Ronin Network, the blockchain powering Axie Infinity, narrowly escaped disaster this week. A security breach led to a $9.8 million Ether (ETH) loss. But plot twist – it wasn't a hack. Initial panic gave way to relief. A white hat hacker accidentally triggered the exploit. They've now returned the f

Solana's decentralized exchanges (DEXs) have outperformed Ethereum's for the first time. This milestone occurred in July. DeFiLlama data confirms this shift. Solana-based protocols accounted for 30% of all crypto DEX volume in July. Ethereum followed with 28.12%. In absolute terms, Solana's DeFi ec

Convergence, a decentralized finance (DeFi) protocol, got hammered by hackers. The attack happened in the wee hours of August 1. It cost the protocol a whopping $212,000. The hack sent Convergence's native token, CVG, into a nosedive. Its value plummeted by over 99%. Talk about a rough day at the o

Decentralized exchanges (DEXs) are slowly but surely chipping away at the dominance of centralized crypto exchanges. The shift is real. Recent data paints a clear picture. DEX volume has jumped from $133.5 billion in January to $179.5 billion this month. That's a hefty 34% increase. The trend beco

Trust Wallet, a major player in self-custody Web3 wallets, has inked a deal with The Open Network (TON). The partnership aims to boost blockchain adoption. It's a big move. The collaboration taps into Telegram's massive user base. Trust Wallet plans to focus on gaming finance (GameFi) and decentral