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Terra DeFi project Terraport suffers $2M hack days after launch
10.4.2023
Terra users are losing another round of funds due to a breach on the new DeFi platform Terraport Finance, which launched on March 31
Aave Launches Stablecoin GHO on Ethereum Goerli Testnet with Open Source Codebase and Audits
9.2.2023
Aave Companies, the firm behind the decentralized finance (defi) project Aave, has announced the launch of a stablecoin called GHO on the Ethereum testnet network Goerli. The codebase is available on Github and has undergone audits by Open Zeppelin, Sigmaprime and ABDK. Aave Invites Programmers...
DeFi Project Friktion’s Shutdown Said to Stem Partly From Founder Disagreement
30.1.2023
The official reason given by Friktion officials for the shutdown was that costs outpaced revenue, creating challenging economics for the Solana-based project
Solana DeFi project Friktion shuts down its user platform
27.1.2023
Friktion is urging its customers to withdraw assets from the protocol as the front-end shuts down
Solana DeFi Project Mercurial to Relaunch as 'Meteora,' Replace MER Token
27.12.2022
DeFi stablecoin exchange Mercurial is going to relaunch as Meteora and rebalance its tokenomics
DeFi Project Popsicle’s ICE Token Triples As Controversial Wonderland Founder Returns
21.12.2022
The sudden price surge of Popsicle’s ICE native token coincided with the controversial blockchain developer Daniele Sestagalli unveiling his return to rebuild the project
DeFi Project Mercurial Plots Revamp and New Tokens Following 'Toxic' Association With FTX
7.12.2022
The plan will see Mercurial launch its popular products as a separate project under the name Meteora
Cardano DeFi project Ardana halts development while Budblockz proceeds to advance adoption in the crypto market
2.12.2022
Ardana (DANA), a much-hyped decentralized finance project on Cardano (ADA), has halted development. In a tweet to the Ardana community, the project team cited funding and project timeline uncertainty as the reasons for ceasing operations. Ardana was barely a year into development when it raised...
Football Fever Is Infecting DeFi Project With Excitement
30.11.2022
PRESS RELEASE. Doha, Qatar: For the next couple of weeks, over a billion people are glued to the TV every day watching players of their favorite team working brilliantly together to win the ultimate prize. What’s really different this time around is how much crypto plays a role in football, with...
Cardano DeFi Project Ardana Halts Development, Citing Funding, Timeline Concerns
24.11.2022
The project closed a $10 million round led by now bankrupt crypto hedge fund firm Three Arrows Capital last year
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
1.11.2022
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed...
Adoption Picks up Pace in LATM with Brazilian Central Bank’s DeFi Project & Developments in Argentina
30.8.2022
Crypto adoption is on the march in Brazil, where the nation’s Central Bank has commissioned a commercial banking giant to build a DeFi solution for its prototype central bank digital currency (CBDC). Meanwhile, across the border in Argentina, a city says that it will accept tax payments made using...
More Than $600K Vanishes From DeFi Project Blur Finance as Developers Disappear
10.8.2022
Twitter and Discord links for the project were not working at press time
Crema Finance Hacker Negotiates With Defi Project’s Team, Returns $8 Million in ETH and SOL
7.7.2022
Following the hack on July 2, 2022, the team behind the decentralized finance (defi) protocol Crema Finance detailed that after some negotiation, the hacker returned roughly $8 million in crypto assets. According to the team, the hacker agreed to take a white hat bounty worth 45,455 solana. Hacker...
Near DeFi Project Bastion Reveals $9M Funding Round on Heels of BSTN Airdrop Plans
21.4.2022
Investors included Three Arrows Capital, Jump Crypto, FTX Ventures and Jane Street
Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs
20.4.2022
The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet will be integrated into the defi protocol on April 28, 2022, as part...
Cardano-Based DeFi Project Bashoswap Developing a Launchpad and DEX
14.3.2022
Bashoswap is a Cardano-based multi-protocol decentralized exchange that seeks to allow easy swaps between Cardano’s ADA token and other major crypto assets on the Cardano blockchain network. Bashoswap Decentralised Exchange (DEX) is going to be the new DeFi (Decentralised Finance) protocol on...
Security firms are making it more difficult for scammers to get away with DeFi project hacks
23.2.2022
While projects cannot wholly prevent bad actors from infiltrating the DeFi realm, security specialists say there are ways to deter such practices
Aave Launches Web3, Smart Contracts-Based Social Media Platform Built on Polygon
9.2.2022
The decentralized finance (defi) lending platform Aave has revealed the launch of a Web3 social media platform called the Lens Protocol. According to the team, Lens is a “Web3, smart contracts-based social graph” that is built using the Polygon blockchain. Defi Project Aave Drops...
Wonderland co-founder throws in the towel on beleaguered DeFi project
31.1.2022
The DeFi debacle has caused ripples across the ecosystem as the project head looks to wind things up