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Defi TVL Holds Steady Above $42 Billion as Lido Finance Dominates With $12.69 Billion Locked
18.6.2023
On June 18, 2023, the total value locked (TVL) in decentralized finance (defi) protocols has been rangebound and hovering at just above the $42 billion range. Presently, Lido Finance dominates the value locked in defi with $12.69 billion or 29.76% of the aggregate. During the last month, the...
3 key Ethereum price metrics point to growing resistance at the $1,750 level
16.6.2023
Ethereum price looks poised for additional downside as low as the $1,560 level
DeFi Credit Protocol Concordia Raises $4M in Round Led by Tribe, Kraken
16.6.2023
Concordia, now live in public testnet on Aptos, offers a multi-chain risk and collateral management platform for digital assets
Sturdy stablecoin market reopens three days after $800K exploit
16.6.2023
The DeFi protocol also offered the $100,000 bounty to anyone who could help bring an arrest or recover the funds
Lokr incorporates DIA’s oracle feeds
16.6.2023
Furthering its association with DIA, Lokr has gone ahead and incorporated DIA’s oracle feeds which open the doors towards event-oriented distribution inside of its platform. This will be instrumental in completely changing the way digital assets are presently disbursed as well as controlled....
EigenLayer’s Restaking Smart Contracts Reach Max Limit on Same Day as Mainnet Launch, Pulling in $16M
15.6.2023
Notable depositors into EigenLayer’s pools include one address that deployed the U.S.-sanctioned Tornado Cash money mixing tool and another address associated with Hassan Bassiri, former vice president of portfolio management at crypto hedge fund Arca, per Nansen
Aave's Decentralized Social Media Platform Lens Protocol Releases New Governance Model
15.6.2023
Lens Improvement Proposals (LIPs), which is inspired by Ethereum and Aave, is an attempt to create a framework for developers, creators and users to participate and have a voice in the decision-making process of Len’s future development
‘If You’re Selling BTC for Something, Sell it for Gold Instead of USD’, Says Tether CTO Paolo Ardoino
15.6.2023
In an insightful conversation with Cryptonews, Paolo Ardoino, the CTO of both Tether and Bitfinex, shed light on crucial topics relating to the crypto world.
The dialogue navigated the volatile waters of inflation, the allure of gold as a tangible asset, and the growing fascination with digital...
Wallet Linked to Curve Founder Repays $1.3M to Aave Amid CRV Token Decline
15.6.2023
Lending protocol Aave DAO has already been recommended to “freeze” millions worth of CRV tokens
Cross-Chain Bridge deBridge Launches App for Trading Without Liquidity Pools
15.6.2023
The DLN app is now live with support for Ethereum, Arbitrum, Polygon, Fantom, BNB Chain, and Avalanche
Tether Loses Peg: Massive USDT Sell-off on Curve, Uniswap Suggests Shift to Other Stablecoins
15.6.2023
Tether’s stablecoin USDT has lost its dollar peg after two major pools for stablecoin trading became heavily imbalanced.
On-chain data shows traders have been exchanging millions of dollars worth of USDT for other popular stablecoins like USDC and DAI on Uniswap and Curve pools....
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Horizen teams up with Auros to improve EON’s on-chain liquidity
15.6.2023
Horizen has announced its strategic partnership with Auros. This collaboration aims to enhance the on-chain liquidity of its EVM-compatible smart contracting platform, EON. In other words, Horizen and Auros will work together to make sure that the accessibility of $ZEN accelerates in the ecosystem...
Hashflow assures users will be made 'whole' following $600K exploit
15.6.2023
The trading platform has provided instructions for the recovery of funds lost through a contract approval vulnerability
House Republicans Call on the SEC To Withdraw Proposed Rule That They Say Could Affect Decentralized Exchanges
15.6.2023
A proposed Securities and Exchange Commission rule would shut down the development of the digital asset industry and should be withdrawn, House Republicans said.
A group of lawmakers in the House Financial Services Committee wrote to the SEC this week criticizing the proposed rule that they...
DeFi options platform uses social logins, margin trading to draw in liquidity
14.6.2023
Developers claim Synquote handled one single trade of over $1 million of notional volume with no detectable slippage in its beta period
DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet
14.6.2023
Seattle-based decentralized finance (DeFi) platform EigenLayer has deployed its restaking protocol on the Ethereum mainnet, according to a press release
Today in Crypto: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage Bot Profits $3 + More News
14.6.2023
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: Fed Keeps Rate Unchanged, Strike Goes to Mexico, Binance and SEC to Negotiate on Asset Freeze, Arbitrage...
Uniswap unveils v4 Vision: Powerful AMM Innovation
14.6.2023
Uniswap, a leading decentralized exchange protocol, has revealed its ambitious vision for Uniswap v4. Recognizing Uniswap as an essential financial infrastructure, the team aims to foster a collaborative approach by involving the community in the development process. Uniswap v4 introduces...
Florence Finance to launch its RWA platform on Arbitrum
14.6.2023
Following a lot of deliberations, Florence Finance has finally gone in to deliver its RWA platform on the Arbitrum Goerli Testnet regarding the initial testing phase. Thereafter, the company’s plans are laid out for launching the platform on the Arbirum mainnet. Through this, the company will...
No Billion Crypto Users Without ‘Wallets That Work Like Modern Technology’ — Binance Head of Product
14.6.2023
While the blockchain and decentralized finance are often touted as the future of finance, according to Binance’s head of product Mayur Kamat, more people will become comfortable using these when there are crypto “wallets that work like modern technology.” For Kamat, an early...