Tue, May 13, 2025
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Empowering Finance Integrating Agentic AI Into The Talent Model
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How Business Is Really Talking About Climate Change
[ Sat, May 10th ]: Fortune
America Firstpoliciesarethreatening Americanexceptionalismastheeconomyandmarketsflashwarningsigns
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Why Sustainability Drives Profitability In Business
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Bitcoinhits 103 Kbut De Fiisamixedbag Finance Redefined

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. 103-kbut-de-fiisamixedbag-finance-redefined.html
  Print publication without navigation Published in Business and Finance on by CoinTelegraph
          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
  Despite the crypto market booming, April crypto hacks surged to $357 million across 18 incidents, with a $330 million Bitcoin theft leading the month's exploits.

The total value locked (TVL) in Bitcoin decentralized finance (DeFi) protocols dropped by 11.5% in April, reaching $590 million, influenced by a series of hacks and the growing interest in AI-powered decentralized applications (dApps). The month saw significant security breaches, including a $1.8 million hack on the Bitcoin-based DeFi protocol MerlinSwap and a $2.5 million exploit on the cross-chain bridge Multichain. Despite these setbacks, the sector saw the launch of new AI-driven dApps like ChainML, which raised $1.5 million in a seed round, and the introduction of AI-powered lending protocols such as Bitlayer, which offers Bitcoin-backed loans. Additionally, the Bitcoin lending market experienced growth, with platforms like Sovryn and Aave reporting increased loan volumes, indicating a robust demand for Bitcoin-backed financial services amidst the challenges.

Read the Full CoinTelegraph Article at:
[ https://cointelegraph.com/news/bitcoin-defi-tvl-drop-april-hacks-ai-dapps-btc-loans ]