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Latest DeFi News and Insights | Yellow
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.
News
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 RWA
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
DeFi Apps Targeted in Suspected Squarespace DNS Attack
Jul 12, 2024
Several decentralized finance (DeFi) apps have fallen victim to a domain registry attack. Blockchain security platform Blockaid raised the alarm on July 11. The attacker seized control of Compound Finance's DNS registry. They also tried and failed to hijack Celer Network's registry. Blockaid's initi
Crypto industry gains ground after Supreme Court rulings and That's a Big Deal
Jul 10, 2024
The Supreme Court's recent decisions have significantly weakened the Securities and Exchange Commission's regulatory power over cryptocurrencies. Two key rulings in June and July have reshaped the landscape for crypto startups. And that is an important decision, no one is talking about for some reas
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