The developers behind a wallet drainer application have formally registered their business in the United Kingdom. Welcome to Finance Redefined, your weekly source for crucial insights into decentralized finance (DeFi) — a newsletter curated to deliver the most notable advancements from the previous week.
A developer of the “Nova Drainer” phishing tool has officially registered their business in the United Kingdom. Pyth Network has introduced real-time Bitcoin ETF price feeds, enabling DeFi developers to access accurate market data and bridge the gap between traditional and decentralized finance. Additionally, the DeFi lending and leverage protocol Blueberry has urged users to withdraw funds immediately after discovering a mysterious exploit.
The top 100 DeFi tokens by market capitalization have sustained their bullish momentum, with total value locked (TVL) surpassing $80 billion.
Pyth Network has launched price feeds for 13 Bitcoin ETFs, providing developers with accurate data for DeFi protocols following the approval of Bitcoin ETFs in the United States in January 2024.
Aave has implemented its money market protocol on the BNB Chain, contributing to the expansion of the DeFi ecosystem on the blockchain.
The team behind a scam-as-a-service wallet drainer has registered their business in the United Kingdom, as reported by blockchain security firm CertiK.
Blueberry Protocol Foundation has temporarily halted lending activities following an ongoing exploit, advising users to withdraw funds from Blueberry lending markets.
The DeFi market overview reveals a bullish trend among the top 100 tokens by market capitalization, with most showing positive performance on weekly charts. TVL in DeFi protocols has surpassed $80 billion for the first time in over a year.