DeFi News
Vivid Economics provides timely DeFi news coverage, offering insight into the latest developments in the industry. Stay one step ahead with expert analysis on decentralized finance so you can make smarter investment decisions.
FalconX Asks SEC to Treat Perpetual Contracts as Swap Rules
FalconX’s Bold Move So, here’s the scoop: FalconX Bravo is knocking on the door of US regulators, asking them to do a little rethinking about cash-settled perpetual contracts. They’re basically saying, “Hey, SEC, those perpetuals tied to a single security or a super-specific security index? Yeah, you should treat them like swaps!” And guess what? […] Read More
MANTRA Chain Goes on a Break After a Sneaky Exploit
What Happened at MANTRA Chain? So, guess what? MANTRA Chain decided to take a little timeout on August 21. Why, you ask? Because someone took advantage of a sneaky vulnerability that was hiding in an upstream dependency. Talk about crashing the party! 🚫 No Transactions or Staking? Yikes! Yep, all transactions, transfers, and staking activities […] Read More
Maya Protocol’s $11 Million Liquidation Mystery: Where’s the BTC?
What’s Going On? So, there’s some serious drama unfolding at Maya Protocol. Just yesterday, an eye-watering $11 million liquidity fiasco was laid bare, and nobody knows where the heck the cash went! Seriously, someone’s been pulling some smooth moves, holding an impressive stash of about 20.83 BTC that’s just chilling with no spend in sight. […] Read More
BTCS Wraps Up Q2 with Cash Crunch but Plenty of Crypto
BTCS Pays Off Aave Debt So, you’re telling me that BTCS, the Nasdaq-listed Ethereum whiz, decided to turn some of its Ethereum (ETH) into Tether (USDT) just to settle some of that pesky Aave debt in Q2? Yep, that’s exactly what they did! As of June 30, they were left holding a mere $317,113 in […] Read More
MAYAChain’s Multi-Million Dollar Mess: A Quirky Tale of Hacking and Hiccups
The Great Escape: $1.36 Million Abracadabra! So, here’s the scoop! In a bit of a dramatic twist akin to a Hollywood movie, MAYAChain fell victim to a crafty attack that saw about $1.36 million in hard assets make a runaway exit to other chains. And the bigger drama? The estimated craziness across the liquidity pools […] Read More
The Rise of DEXs: A Shift in Crypto Trading Dynamics
What’s Happening in the Crypto World? So, here’s the scoop! In the wild world of cryptocurrency, it seems like the centralized exchanges (CEXs) are getting a serious reality check. Brace yourselves, because in July, these centralized heavyweights saw their spot trading volume plummet by an astonishing 31.2%. That’s right, it nosedived to $727 billion! It […] Read More
Hyperscale’s Bitcoin Drama: Selling the Future to Pay the Bills
Hyperscale Unleashes 686 BTC In a bold move this August, Hyperscale Data decided to take a trip down crypto lane and sold off a whopping 686 Bitcoins for about $43.4 million! What did they do with all that sweet, sweet cash? Well, they promptly paid off their Bitcoin-backed loans on Morpho, a decentralized lending platform. […] Read More
Hashdex Closes $14.7 Million Bitcoin ETF: What Happened?
Goodbye DEFI! In a shocking twist of events, Hashdex has decided to pull the plug on its $14.7 million Bitcoin ETF. Yep, you heard that right! On August 3, they announced that the trading orders were officially over, leaving the remaining shareholders twiddling their thumbs, eagerly waiting for a cash payout instead of an exchange […] Read More
Solana Treasury: A Rollercoaster Ride of Debts and Daring Decisions
What’s Happening with SOL Strategies? So, here’s the scoop: SOL Strategies, a nudge in the DeFi world, might be shaking things up and selling part of its precious Solana (SOL) stash. Why, you ask? Well, it turns out that a chunk of its digital goodies is already tied up in loans, and they’ve got bills […] Read More