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LiNEAR Protocol brings in omnichain liquid staking
29.3.2024
LiNEAR brings into the picture omnichain liquid restaking with the first purpose of taking forward NEAR’s chain abstraction. LiNEAR is a leader in DeFi protocols on NEAR and has the maximum TVL. It intends to improve the safety aspects of NEAR’s chain abstracted network via staking....
Swapr integrates OpenOcean to boost DeFi capabilities
29.3.2024
It is a matter of great pride for Swapr as the widest-reaching aggregator will be integrated into Swapr. The creative folks at Swapr are excited to welcome OpenOcean into the Swapr. Integrating a prominent DeFi aggregator into the trading platform is a tremendous achievement for Swapr. It is...
Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit
29.3.2024
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade...
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
The post Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange appeared first on Cryptonews
Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout
28.3.2024
The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent...
TruFin partners with Laser Digital to launch institutional-focused Polygon Adoption Fund
28.3.2024
Nomura’s digital asset subsidiary, Laser Digital, is partnering with WebN-incubated blockchain technology TruFin to start a new business. By launching the Laser Digital Polygon Adoption Fund (“Fund”), this effort uses Polygon’s Aggregation Layer (AggLayer) to convert...
The fascinating journey of Linea Voyage: A novel Era of DeFi engagement
28.3.2024
Linea has witnessed splendid growth in the previous years, and its vibrant community is accountable for this massive growth. Thousands of users connected through Linea Voyage to decentralized applications or dapps in their ecosystem. The world is moving towards transformative decentralization...
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
27.3.2024
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply, on April 2
OKX API Failure Causes Account Balance Confusion, Thousands of Users Affected
27.3.2024
The OKX API has hit a snag, causing account balance chaos for users in Singapore, Japan, and the US. The Rest API crash has led to errors, incorrect data, and failed trades. OKX assures users of asset safety, but the glitch has impacted the OKB token value. Read on for more details and recent...
Ether.Fi's ETHFI Jumps 50% to Record, May Boost Valuations for Liquid Restaking Token Airdrops: Analyst
27.3.2024
The performance of EtherFi's token could lift valuations of other restaking platforms ahead of their airdrops, one analyst noted
Hopes for Another DeFi Summer Soar as TradFi Markets Suddenly Look Less Appealing
27.3.2024
Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity
Hedera Network: Powering DeFi with speed, security, and global governance
27.3.2024
Provides an optimized Besu EVM for smart contracts. Offers a native tokenization service and a high-throughput data writing and verification service. The Hashgraph Consensus Algorithm offers impressive capabilities regarding high throughput, fair ordering, and low-latency consensus. It...
Badger launches 0% interest Bitcoin lending with eBTC
27.3.2024
Badger Finance has announced the launch of the Bitcoin lending protocol – eBTC. It comes with the offering of 0% interest and has been launched effective March 26, 2024. The mechanism leverages stETH by Lido. It enables users to borrow a yield-bearing Bitcoin-pegged stablecoin using ETH...
Chateau debuts on Arbitrum One: A new era begins
27.3.2024
The Chateau Capital team is excited to announce the launch of the Chateau app on Arbitrum One Network, which is considered a significant milestone in opening investments to the global arena. Investors worldwide are now allowed to venture through and invest in the leading product of Chateau, Chateau...
OpenZeppelin forms an exclusive collaboration with Chainlink Labs
27.3.2024
OpenZepplin forges an exclusive collaboration with Chainlink Labs to encourage a more secure and reliable blockchain arena. Through collaboration, the Chainlink BUILD program will be totally backed by the Chainlink BUILD program, which encourages upcoming startups and speeds up the overall growth...
Near makes DeFi across chains a reality with Chain Signatures
27.3.2024
Near Foundation has released Chain Signatures, a protocol that will allow users to put their signatures on transactions carried out on intermediary blockchains. This will be made possible from a sole Near account. As per a spokesperson representing Near, currently, Chain Signatures has been...
Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu
27.3.2024
According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social...
Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...
Memecoins are making a move from Solana to Base: $64.1 billion market cap
26.3.2024
15 out of 20 coins have shown significant transaction volume on Base, with a 7.1% increase in market capitalization in the last 24 hours. Top 5 performing memecoins on Base include BRETT, TOSHI, DEGEN, and Mochi. Since the latest Dencun update on the Ethereum network, Base has grown in popularity...