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Over $800,000 worth of “blue chip” NFTs are still being held in contracts of Parallel Finance, despite it pulling support for its NFT lending product after a six-month notice period. With no front end support for NFT lending, non-technical users are unable to withdraw their tokens manually, and the Parallel team is reportedly charging a $500 fee to return the assets. Yuga Labs’ 0xQuit highlighted the predicament on X, as well as posting a step-by-step guide on how to manually withdraw assets using the Etherscan block explorer. The vaults of the now defunct Parallel Finance own 11 BAYC, 39 MAYC, and 2 Doodles. The frontend is deprecated, leaving nontechnical users stuck, and the founder is charging a $500 fee to help. If your assets are stuck, here's a step by step to extract them: 1/ pic.twitter.com/JFJSDqEfPK — Quit (@0xQuit) August 21, 2025 Read more: Pudgy Penguins CEO’s Instagram hacked to shill Pump Fun token Users were warned that suppo...

Decentralized Finance (DeFi) has grown from a niche blockchain concept into a thriving ecosystem changing how millions access finance. In 2025, the key question is: which DeFi innovations are driving this rapid growth and mass adoption? This article explores the breakthroughs attracting both retail users and institutions globally. Layer 2 Scaling Solutions One of the long-standing barriers for DeFi adoption has been high transaction fees and network congestion on Ethereum, the ecosystem’s flagship blockchain. In 2025, Layer 2 solutions like Optimistic Rollups, zk-Rollups, and modular blockchains have matured, dramatically reducing gas fees and increasing throughput. These scaling innovations make DeFi platforms more accessible for users with small transaction sizes, thereby democratizing access. The frictionless, near-instant transactions mirror the user experience of traditional apps — a critical factor for onboarding mainstream audiences. Cross-Chain Interoperability The DeFi ecosyst...

Giza Tech, a Web3 and autonomous financial intelligence platform, has hit $1 million in autonomous capital across decentralized networks without human intervention, as per the reports shared with Finbold on Monday, March 24.   Giza’s automated financial strategies Unlike traditional automated strategies, Giza’s agents do not merely follow instructions prepared in advance; rather, they make independent decisions based on the available data to optimize liquidity flows and financial strategies in real time.  The impact of this model is already visible, with over $6 million in transaction volume being generated through these agents — a 6.08x increase in capital productivity index.  Picks for you AI predicts XRP price for April 1, 2025 13 hours ago ...

Is Ethena’s “synthetic dollar” bringing a new systemic risk to decentralized finance (DeFi)? While keen to avoid being labeled as a stablecoin, USDe is increasingly being utilized as such across some of the biggest players in DeFi. Some are worried, however, that treating USDe as a centralized stablecoin changes its risk profile as a collateral asset. An influential MakerDAO community member, known as “ImperiumPaper,” has pointed to possible conflicts of interest between risk advisors working for Aave and Maker, who also have (or have had) associations with Ethena. The situation has been likened to “ a real estate agent representing both buyer and seller .” Just so I’m even-handed, these conflicts of interest for risk consultants aren’t isolated to Maker. Chaos Labs and LlamaRisk propose to hardcode @aave USDe price to 1 USDT. https://t.co/GBhSIyji00 pic.twitter.com/JQjsqPu6nZ — PaperImperium (@ImperiumPaper) January 2, 2025 Read more: Et...

Coinbase has rolled out trading support for the brand-new native token of an Ethereum (ETH) layer-2 restaking protocol. Customers at the top US crypto exchange can now buy and sell SWELL, which launched on Thursday. SWELL is the governance token for the Swell Decentralized Autonomous Organization (DAO), which manages the development and growth of the restaking protocol. SWELL also secures the project’s layer-2 infrastructure. Explains the project’s whitepaper, “Swell’s mission is to create a more secure, decentralized and transparent financial future for the world that does not discriminate or censor economic freedom. The beginning of that journey for Swell starts with continuing to advance liquid staking as one of the fundamental building blocks of modern-day decentralized finance (DeFi) that is composable and fully integrated with the Ethereum ecosystem.” Coinbase added the “experimental label” to SWELL, which the platform assign...

The cryptocurrency market is gradually recovering, which suggests that an altcoin rally may be on the horizon. Several digital assets, such as Stacks, Sui, Polygon, MultiversX, VeChain, THORChain, and Toncoin, have already shown significant gains during this period of market improvement. As the market stabilizes, many investors are turning their attention to altcoins with growth potential, seeking to maximize their returns. This article analyzes some of the best crypto to buy now . Top Cryptocurrencies to Invest in Now Recent data from IntoTheBlock underscores Arbitrum’s expansion, with the network exceeding 1 billion cumulative transactions. Meanwhile, the Crypto All Stars presale has garnered considerable interest, raising over $1.9 million, mainly due to its distinctive staking rewards system. Additionally, the RENDER token has recently captured market attention, driven in part by its relevance in decentralized GPU rendering. 1. THORChain (RUNE) THORChain is a decentralize...

Orderly Network, the Web3 liquidity platform, has unveiled a new bounty program in partnership with Google Cloud and Empyreal, as disclosed to Finbold on Tuesday, September 17. Envisioned as an aid for developers, the initiative offers rewards for creating artificial intelligence (AI) agents that can autonomously trade on Orderly’s platform. Orderly Network’s bounty program campaign This campaign seeks to help merge the capabilities of AI and decentralized finance (DeFi).  Picks for you ‘Nvidia of crypto’ shows ‘fantastic’ signal as whales make bullish move 1 hour ago Camino Network joins Outlier Ventures’ Ascent ahead of token launch  1 hour ago ...

Exploring Leading DeFi Protocols: Aave, Maker, and Compound! Decentralized Finance (DeFi) has revolutionized the financial landscape by offering open, transparent, and permissionless financial services. Among the myriad of DeFi protocols, Aave, Maker, and Compound stand out as pioneers, each contributing uniquely to the ecosystem. This article delves into the core functionalities, innovations, and impact of these leading protocols. Aave: The DeFi Lending Powerhouse Aave , launched in 2020 by Stani Kulechov, is a decentralized lending and borrowing platform that allows users to lend their assets to earn interest or borrow against their crypto holdings. Aave’s standout feature is its support for “flash loans,” which are uncollateralized loans that must be borrowed and repaid within a single Ethereum transaction. This innovation has opened up new possibilities in arbitrage, collateral swapping, and refinancing. The governance token AAVE in the Aave protocol allows holders...

Source: AdobeStock / ugiss   The European Commission , the EU’s executive branch that proposes legislation and implements decisions, is digging deeper into decentralized finance (DeFi) – and is looking to study Ethereum (ETH) data to do so. The Commission has submitted a document per which it seeks, as it says, “A pilot project to develop, deploy and test a technological solution for embedded supervision of [DeFi] activity.” The document does not provide a lot of details, but it does go on to explain that the project would involve data on Ethereum. Called the ‘Study on Embedded Supervision of Decentralised Finance’, “The project will seek to benefit from the open nature of transaction data on the Ethereum blockchain, which is the biggest settlement platform of DeFi protocols. Its main focus will be on automated supervisory data gathering directly from the blockchain to test the technological capabilities for supervisory ...