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Nalezeno "Defi News": 1301

ZKX Protocol Shutdown Sparks Rug Pull Accusations

31.7.2024
The sudden shutdown of ZKX Protocol, a social derivatives trading platform on Starknet, has ignited accusations of a potential rug pull within the DeFi community. The announcement, made on July 30, cited financial non-viability, minimal user engagement, and declining trading volumes as the primary...

Binance address receives 600k WLD coins from Amber Group

29.7.2024
A Binance address has reportedly received 600,000 WLD tokens from Amber Group. They are collectively worth $1.42 million. The series of transfers began on May 04, 2024, and has already reached a total of 4.15 million for approximately $17.08 million. For reference, a single WLD is listed at $2.41...

DeFi Protocol Dough Finance Hit by $1.8M Flash Loan Attack

12.7.2024
Decentralized finance (DeFi) protocol Dough Finance was victim to a flash loan attack on July 12, resulting in a loss of $1.8 million in digital assets.  ????ALERT????Our system has detected multiple suspicious transactions involving @DoughFina. After communicating with the #AAVE team, we...

Gravita boosts DeFi security with Chainlink price feed integration

5.7.2024
Recently, Gravita announced the updated version of the weETH data platform, replacing the existing Redstone with Chainlink Price Feeds. This major upgrade’s primary purpose is to enhance the security and reliability of its decentralized finance services. The weETH Vessels of Ether.fi have...

Clearpool positions credit vaults on Base, Ethereum L2 Blockchain

3.7.2024
Clearpool has positioned its credit vaults on Base, an Ethereum L2 Blockchain nurtured by Coinbase and created on the open-source OP Stack.  Portfolio Technologies, a crypto conventional HFT space-creating body, utilizes its advanced technology to lessen the interruption in buying and selling...

Composability Labs unveils spark: A superfast on-chain CLOB

2.7.2024
Composability Labs is developing Spark, an on-chain CLOB, significantly faster than the current standard by implementing a minimal state process. In the case of Polygon Miden, it allows builders to create individualistic applications that enhance Ethereum’s attributes. It is widely recognized...

Acala Network intends to adopt JitoSOL within its platform

28.6.2024
Acala Network has incorporated JitoSOL within its platform and decentralized applications to offer better liquidity and yield options targeting Acala users.   A liquidity layer like Acala Network is a foundation segment within the Blockchain ecosystem, bringing about effective capital flow...

Folks Finance announces the launch of Algorand Liquid Staking

27.6.2024
Folks Finance has, through a blog post, announced its plans to launch the Algorand Liquid Staking Protocol xALGO. It will be the primary Liquid Staking protocol for ALGO, with a core focus on providing flexible and simple access to rewards distributed to node runners who participate in Algorand...

Polymarket rules out Barron Trump’s role in Donald Trump-themed token

27.6.2024
Polymarket raised doubts about the outcome of the UMA voting, and they will announce an effective solution soon. According to UMA, a decentralized truth machine used by Polymarket, Barron Trump is not involved in the Solana-focused DJT token. The team at Polymarket, the cryptocurrency-based betting...

Farmsent integrates Chainlink for enhanced trade finance

26.6.2024
Farmsent, a trade finance platform located in the UAE, has recently announced its affiliation with Chainlink’s tokenized asset system. This partnership seeks to enhance Farmsent’s solutions concerning traceability, cross-border payments, and decentralized financing. The integration of Chainlink...

Wormhole instrumental in ICYMI $WBTC going live on Solana

25.6.2024
The activation of ICYMI $WBTC on Solana was facilitated by the wormhole, which enables its use throughout the DeFi ecosystem of Solana. Kamino Finance, Orca, and Drift Protocol are all involved in this. Wrapped Bitcoin ($WBTC), which is the initial wrapped bitcoin, is a kind of service allowing...

Pyth Network’s Pull Oracle has been positioned on Solana

18.6.2024
Pyth Network’s Pull Oracle is currently live on Solana, allowing developers on the Solana mainnet beta to interact with Pyth’s Oracle pricing. This will be accomplished by transferring price revisions related to the Pythnet app chain to the Solana domain. Up until June 30, 2024, users...

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