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Lido Considers Using Its ARB Airdrop to Boost Activity on Arbitrum
18.4.2023
A new proposal would see Lido accept its $1.2 million in ARB tokens and reward them to liquidity providers in wrapped staked ether pools
Rocket Pool Made It Cheaper to Stake ETH Through Its Platform Following Ethereum Shanghai Upgrade
18.4.2023
On Monday, the decentralized Ethereum-based staking protocol deployed Atlas granted users access to their staking rewards and lowered the barrier of entry to create an Ethereum validator
LI.FI and InsurAce Pitch Protection for Moving Crypto Between Blockchains
18.4.2023
LI.FI partnered with risk cover protocol InsurAce to provide protection for users who are bridging their cryptoassets from one blockchain to another
Safemoon Hacker Strikes Deal With Developers to Return $7.1M
18.4.2023
A hacker that exploited decentralized finance (DeFi) protocol Safemoon has agreed to return 80% of the stolen funds valued at $7.1 million, according to on-chain data
Bitcoin and liquid staking protocols lead crypto resurgence in Q1 2023
18.4.2023
The first quarter of 2023 saw Bitcoin outperform traditional assets after a 72% quarterly gain in market capitalization
Bitcoin․com Launches VERSE Staking as Ecosystem Token and DEX Heat Up
18.4.2023
As the traditional banking system experiences growing instability with the failures of Silicon Valley Bank, Signature Bank, Silvergate Bank, and Credit Suisse, more individuals are turning to decentralized finance (DeFi) as a secure and attractive alternative. Verse DEX, Bitcoin.com’s...
SEC Lays Its Cards on the Table With Assertion That DeFi Falls Under Securities Rules
17.4.2023
The U.S. Securities and Exchange Commission's (SEC) warning shot last week that decentralized finance (DeFi) could be thrown into its expanding definition of what makes a securities exchange is the latest move to formalize what Chairman Gary Gensler has been saying: Crypto belongs in the securities...
Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction
17.4.2023
Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year...
Today in Crypto: Bhutan 'Cultivated a Secret Crypto Portfolio', Amber Group May Sell Its Japan Unit, Bank of Israel Mulling a Digital Shekel
17.4.2023
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: Bhutan 'Cultivated a Secret Crypto Portfolio', Amber Group May Sell Its Japan Unit, Bank of Israel Mulling...
What DeFi Must Sacrifice to Appease Regulators
17.4.2023
The “internet financial system” is a pro-compliance, but pro-privacy framework to build crypto protocols which satisfy regulators and consumers
Hundred Finance loses $7m in an exploit on Optimism solution
17.4.2023
PeckShield recently reported that Hundred Finance lost over $7 million in an attack. The blockchain security firm announced that the attack took place on the L2 Optimisim scaling solution. The attacker used 200 WBTC to exploit the lending protocol on April 15. The attacker donated WBTC to boost...
Bitcoin, Ether See Bull Breather as Higher Bond Yields Support Dollar
17.4.2023
We would consider taking some profits as the crypto market is showing exuberant signs
Hundred Finance Suffers $7 Million Loss in Optimism Hack – Here's What Happened
17.4.2023
Multi-chain lending protocol Hundred Finance has fallen victim to a hacking attack which enabled the theft of about $7 million worth of crypto. The attacker accessed the funds via Optimism, an Ethereum layer-2 blockchain.
"Once again we hope the hacker will reach out back to us and we will...
Attractive Yields Drive Millions Into DeFi Liquidity Manager Gamma; TVL More Than Doubles
17.4.2023
The total value locked (TVL) across DeFi protocol Gamma has jumped by 102% in the past month as investors attempt to secure annual returns in excess of 10% from staking
Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork
15.4.2023
Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and others have experienced an increase in ether deposits over the last 30 days. Since March...
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
14.4.2023
The rebalancing comes as ether rallies off a successful Shapella upgrade
SEC targets DeFi in vote to revisit proposal concerning the definition of 'exchange'
14.4.2023
"It seems perverse to me that we would be encouraging centralization,” said SEC commissioner Hester Peirce prior to a vote on the proposal
Ondo Finance Introduces Yield-Generating Stablecoin Alternative for Institutions – How Does it Work?
14.4.2023
A new type of yield-generating stablecoin has been introduced by DeFi provider Ondo Finance, offering institutions a way to benefit from the return of US money market funds on-chain.
According to an update from Ondo Finance on Thursday, the new stablecoin, dubbed OMMF, will be a tokenized version...
U.S. SEC Poised to Move Toward DeFi Oversight As It Reopens Proposed Regulations
14.4.2023
The U.S. Securities and Exchange Commission is considering reopening a rule proposal on how it oversees crypto platforms to more explicitly include decentralized finance (DeFi). Commissioners will vote on the language during an open meeting on Friday
Hatom Protocol launches liquid staking, $sEGLD unlocks DeFi opportunities
14.4.2023
Hatom Protocol, a non-custodial liquidity protocol on MultiversX, has published an official tweet announcing that the liquid staking functionality is now live. It can be accessed via Devnet, with the mainnet launch scheduled to happen in the future. Hatom Protocol has expressed confidence in...