Latest DeFi News and Insights | Yellow.com

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

Bitcoin, the granddaddy of cryptocurrencies, just got a major facelift. BitcoinOS (BOS) has successfully verified the first zero-knowledge (ZK) proof on Bitcoin's mainnet. This breakthrough occurred at 11:22 pm UTC on July 24. The implications are huge. This development could unlock new levels of f

Memecoins are crushing it in 2024. Binance Research says they're the hottest thing in crypto right now. The research arm of the top crypto exchange dropped a bombshell. Memecoins are driving crypto awareness this year. They've outperformed all other sectors. "Memecoins have driven a significant am