Search

Nalezeno "Protocols": 629

Deciphering the Differences Between Proof-of-Stake and Proof-of-Work

17.9.2023
As cryptocurrencies continue to evolve, two key consensus mechanisms have emerged for validating transactions on the blockchain: proof-of-work (PoW) and proof-of-stake (PoS). This explainer will examine how these protocols differ and the unique benefits and drawbacks of each. Consensus Mechanisms...

Ethereum’s Liquid Staking Platforms See $1B Influx in 20 Days, Nearing 12M ETH Milestone

15.9.2023
Over 20 days, 640,000 ETH valued at just over $1 billion was added to liquid staking derivatives platforms. Additionally, the amount of ether staked in such protocols is approaching 12 million, with 11.97 million total value locked (TVL) as of September 15, 2023. Ethereum Staking Platforms Race...

Coinbase CEO Urges Defi Protocols to Challenge Regulatory Crackdowns in Court

15.9.2023
The CEO of the cryptocurrency exchange Coinbase has encouraged decentralized finance (defi) protocols to fight regulators in court if they face regulatory crackdowns. He stressed that the Commodity Futures Trading Commission (CFTC) “should not be creating enforcement actions against decentralized...

Coinbase CEO Brian Armstrong Advocates for DeFi Protocols to Challenge CFTC in Court

14.9.2023
Coinbase CEO Brian Armstrong has weighed in on the recent enforcement actions taken by the Commodity Futures Trading Commission (CFTC) against operators of decentralized finance (DeFi) protocols. Armstrong has called for these DeFi protocols to take legal action against the CFTC, emphasizing...

DeFi group petitions to stop ‘patent troll’ targeting DeFi protocols

12.9.2023
The DeFi Education Fund says a patent owned by True Return Systems is being used to try to profit from lawsuits against decentralized protocols

CFTC Cracks Down on 3 Defi Platforms for Offering Illegal Derivatives

9.9.2023
The U.S. Commodity Futures Trading Commission (CFTC) has issued orders against the operators of three decentralized finance (defi) protocols. The regulator accused them of committing various violations of commodity laws including illegal trading of digital asset derivatives. U.S. Commodities...

CFTC Targets DeFi Protocols Opyn, ZeroEx, and Deridex in Sweeping Crackdown

8.9.2023
The U.S. derivatives markets regulator Commodity Futures Trading Commission (CFTC) has charged three decentralized finance (DeFi) protocols, Opyn, Inc., ZeroEx (0x), Inc., and Deridex, Inc. with offering illegal derivatives trading. According to an official statement released on Thursday, these...

CTFC cracks down on DeFi protocols Opyn, ZeroEx and Deridex

8.9.2023
The commodities regulator handed out fines of $250,000, $200,000, and $100,000 respectively to the three firms in addition to cease and desist orders

DeFi Protocol Synapse Responds to Selling Pressure With 17% Bounce

6.9.2023
The native token of Synapse, a decentralized finance (DeFi) protocol designed to transfer data to cross-chain bridges, has bounced by more than 17% from a low of $0.30 after a liquidity provider sold its SYN tokens on Monday

Only Web3 Social Media Can Bring Back Power to Users — Phaver CEO Joonatan Lintala

5.9.2023
According to Joonatan Lintala, the co-founder and CEO of Phaver, the limited progress of the technology behind Web3 social media platforms is one of the reasons why prospective users are reluctant to try them out. Lintala also added that “none of the current generation Web3 protocols are...

Over 680,000 Ethereum Added to Liquid Staking Protocols in Just 28 Days

26.8.2023
In less than a month, despite a downturn in cryptocurrency markets, over 680,000 ethereum (ETH) has been added to liquid staking derivatives protocols. Lido Finance, the leading liquid staking platform, experienced a supply increase of 5.94%, surging from 7.91 million to 8.38 million ETH since July...

Quantstamp introduces tool to detect protocols’ flash loan attack vulnerability

23.8.2023
The new service, called Economic Exploit Analysis, uses University of Toronto research and will work on any EVM-compatible blockchain

DeFi protocols Exactly, Harbor hacked in separate attacks

19.8.2023
A fresh round of attacks targeted the DeFi ecosystem on Aug. 18. The Exactly protocol was exploited for nearly $7.3 million, while the Harbor's team is still estimating the amount stolen

Increased Interest Rates Drive Maker Protocol's Revenues to 2-Year High of $165 Million

15.8.2023
The annualized revenue generated by the popular decentralized finance (DeFi) protocol Maker has risen to over $165 million, representing a 2-year high. The strong development in revenue could be seen in data from Makerburn.com, which at the time of writing also showed that revenue had surpassed...

Today in Crypto: Apple Pay One-Click Gets Enabled on MetaMask via Banxa, Coinbase Expands Into Canada, Protocols Lead Says Base Network is 'Permissionless'

14.8.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Apple Pay One-Click Gets Enabled on MetaMask via Banxa, Coinbase Expands Into Canada, Protocols Lead Says...

Binance Labs Fuels Helio Protocol's Liquid Staking Pivot with $10M Investment in LSDfi Expansion

13.8.2023
Binance Labs, the venture arm of Binance, injected $10 million into Helio Protocol on August 11th. This investment supports Helio Protocol's ongoing shift towards becoming a liquid staking platform. The substantial funding from Binance Labs highlights Helio Protocol's promising potential...

Rebase Tokens: A Stunning Collapse From $8 Billion to $351 Million in 20 Months

12.8.2023
The crypto winter inflicted a brutal toll on the digital currency landscape, leaving numerous coins with values utterly obliterated. Within this ravaged financial terrain, one specific category — rebase tokens — suffered a tremendous deflation in worth over the previous 20 months. In a stark...