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A week filled with exploits and uncertainty for DeFi: Finance Redefined
26.5.2023
DeFi saw another multimillion-dollar rug pull this past week, and the Multichain saga continues to spiral out of control
Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet
26.5.2023
Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars
Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain
26.5.2023
On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset....
Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End
25.5.2023
The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy
Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months
25.5.2023
According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months to its current 26.18% share. Lido’s Market...
DeFi protocol WDZD Swap exploited for $1.1M: CertiK
25.5.2023
The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan
Crypto-Assets Impact on Traditional Markets Is Small, but Can Pose Systemic Risk: EU Watchdog
25.5.2023
Europe’s financial overseer does not seem overly concerned about cryptocurrencies’ impact on the financial system, but still said regulators should monitor risks in case.
The European Systemic Risk Board released a report on Thursday titled “Crypto-assets and decentralised finance- systemic...
BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know
25.5.2023
Three distinct enhancements aim to make the network faster and more secure
Crypto Conglomerates, DeFi Targets of EU Financial Stability Watchdog Concerns
25.5.2023
Risks from smart contracts, high leverage and crypto staking and lending may imply a need for new regulations, the European Systemic Risk Board said
Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens
25.5.2023
The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday
KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund
25.5.2023
KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and full range fees compounding, while incorporating...
Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges
24.5.2023
Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs)
Multichain token plunges 30% on backend upgrade delay
24.5.2023
The MULTI protocol's TVL remains largely unchanged at $1.6 billion despite a large selloff in the token price
DeFi protocol Voltz launches SOFR swaps on Avalanche
24.5.2023
Investors can now hedge against interest-rate risk in a DeFi environment by trading Secured Overnight Financing Rate (SOFR) swaps
Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi
24.5.2023
SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S
Ethereum is ‘woefully undervalued’ but growing more powerful: DeFi Dad, Hall of Flame
24.5.2023
DeFi Dad says he’d be shocked if Bitcoin doesn’t hit $500K within 10 years, but he thinks Ethereum is getting more powerful all the time
Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023
24.5.2023
Attacks and hacks on key protocols fell 70% in Q1 2023 compared to the same period in 2022 and were lesser than in any quarter last year
SafeMoon updates the SWaP feature
24.5.2023
SafeMoon has introduced the updated version of its SWaP feature, allowing the community to leverage the feature for a better experience. The set of what has been defined as exciting updates includes enabling the community to bridge their token and trade widely within the ecosystem. More...
Web3 threatened by Web2.5 and regulations, exec warns
24.5.2023
Outlier Ventures founder Jamie Burke warns that as projects compromise with products that are not interoperable, the vision of Web3 goes further from becoming realized
Namada, Osmosis to Co-fuse Blockchain to Fund Public Goods
23.5.2023
Privacy-focused blockchain firm Namada is seeking to partner with Osmosis to fund software “public goods” and airdrop its planned NAM token to OSMO investors.
In a recent blog post, Namada co-founder Christopher Goes revealed that he has proposed a partnership with Cosmos-based Osmosis that would...