Crypto hack losses hit $19B, Terraform Labs shuts down: Finance Redefined
Terraform Labs is ceasing operations after a $4.47 billion settlement with the SEC, transferring control of the Terra blockchain to the community.
Source: cointelegraph.com
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Agricultural Finance Redefined: U Bank and Digitt+ Collaborate in Strategic Bank-Fintech Partnership
U Microfinance Bank (U Bank) and Digitt+, an agri-fintech pioneer, have announced a transformative PKR 10 billion partnership that sets a new standard for financial collaborations in the agricultural sector.
Source: dnd.com.pk
Liquid staking on BNB Smart Chain, millions stuck in DeFi bridge contracts: Finance Redefined
The BNB Chain core development team said liquid staking aims to streamline the network and improve efficiency.
Source: cointelegraph.com
ETH restaking drives DeFi TVL to $100B, Solana releases patch for network congestion: Finance Redefined
Liquid staking TVL skyrocketed to an all-time high of $63 billion on March 13, primarily driven by Ether.
Source: cointelegraph.com
DeFi booms as daily active wallets hit 7M, VanEck bullish on Ethereum L2s: Finance Redefined
The surge in DeFi in recent months saw DApp activity increase by 77% in the fourth quarter of 2023.
Source: cointelegraph.com