GameFi is a relatively new term that has emerged in the blockchain and cryptocurrency space. It refers to the combination of gaming and decentralized finance (DeFi) in a way that allows players to earn cryptocurrencies through gameplay.

The integration of artificial intelligence (AI) in DeFi has the potential to revolutionize the industry by increasing transparency, reducing costs, and improving efficiency.

AllianceBlock, which is developing decentralized and trustless gateways between traditional finance (TradFi) and decentralized finance (DeFi), has now announced a partnership with Alpha Blue Ocean’s private digital asset investment arm, ABO Digital, to provide tokenized structured products to institutional investors and crypto projects and organizations looking for alternative funding.

The integration will support DeFi adoption and promote self-sovereignty on the Avalanche network.

On March 13th, 2023, the lending project, Euler Finance, on the Ethereum blockchain was attacked, and the attacker profited approximately 200 million US dollars. The SlowMist Security Team intervened and analyzed the situation promptly, and shared the results as follows.

The attacker was able to steal approximately $136 million worth of stETH from Lido Finance, as well as $34 million of USDC, $18.5 million of WBTC, and $8.8 million of DAI.

The partnership will enhance the efficiency of DeFi farming and improve the security of Ethereum staking.

MStable’s community is going ahead with plans to vote on the future of its decentralized stablecoin investments service, which has hit a wall in recent months, according to the community’s latest proposal.

According to expert DeFi Ignas, the USDC depegging shocked the foundation of decentralized peer-to-peer financial services.

Decentralized finance (DeFi) protocols keep losing the security fight – and hundreds of millions of dollars in crypto – to hackers and thieves. Israeli startup Ironblocks is looking to change that.