DeFi

Crypto Users Lost $2B to Hacks, Scams and Exploits in 2023, De.Fi Says
The figure is roughly half the estimated $4.2 billion of 2022, a year that also included $40 billion lost through the collapse of Terra, Celsius and FTX.

Crypto Market Leaders and Laggards in 2023
"CoinDesk Daily" host Amitoj Singh breaks down some of the biggest winners and losers in the crypto market this year. CoinDesk Indices data reveals that the computing sector was the clear leader among sectors in 2023, while DeFi underperformed. Bitcoin (BTC) was also a standout, rising roughly 164% year-to-date.

Why Injective's INJ Has Surged 3,000% in 2023
Injective (INJ), the native token of its namesake's layer 1 blockchain, has seen a 3,000% move to the upside over the course of 2023. Injective is a Cosmos-based blockchain that combines elements of artificial intelligence (AI) with decentralized finance (DeFi). CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Tis the Season To Be Jolly About the Crypto Market in 2024
With TradFi moving in, the crypto industry is finally taking its place as the future of finance, says Kelly Ye, at Decentral Park Capital.

Solana Leapfrogs XRP as Fifth-Largest Crypto, Spurred by Meme Coin Mania
SOL is trading at a 20-month high on the back of a bustling DeFi ecosystem and meme coin mania.

DeFi Has a Risk Problem and It’s Time to Solve It
While the total losses from exploits fell to $1 billion from $54 billion the year prior, this is still an unacceptable threat to users, Haven1's Jeff Owens writes for Crypto 2024.

Global Securities Regulator IOSCO Issues DeFi Policy Recommendations
Organizing as DAOs doesn't mean freedom from regulatory responsibilities, the International Organization of Securities Commissions says.

New Kind of Crypto Insider Trading? SEC Might Take a Look at These Trades, Experts Say
"It seems like there's smoke here, and it may be worth an investigation to see if there's a fire," a finance professor said.

BONK's Surge Send Prices of Solana Saga Phone Flying to $2K
The sealed and unopened phone boxes contain an airdrop of 30 million bonk tokens, which has seemingly revived dismal Saga sales.

Ledger Exploit Endangers DeFi; Sushi Says 'Do Not Interact With ANY dApps'
The exploit reportedly prompts users to connect their wallets via a pop-up, triggering a token drainer.

