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Li Finance protocol loses $600,000 in latest DeFi exploit
21.3.2022
Li Finance (LiFi) protocol users suffered losses amounting to around $600,000, some of them have been reimbursed after a hacker exploited a bug in the project’s smart contract
Makerdao Dev Insists Defi Protocol Should Leverage Real World Assets to Scale
20.3.2022
On March 16, the protocol engineer at Makerdao and co-founder of the software and design firm Bellwood Studios, Hexonaut, announced a proposal to use real world assets (RWAs) in order to scale the decentralized finance (defi) protocol Makerdao. Hexonaut insists the bull market was good,...
Litedex Protocol, the First DEX in Indonesia Supported by Deputy Minister of Trade as a Meta Finance Blockchain Developer, to be listed on LBank
20.3.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Mar. 20th, 2022 – LBank Exchange, a global digital asset trading platform, will list Litedex (LDX) on March 23, 2022. For all users of LBank Exchange, the LDX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 23, 2022....
Katie Haun’s New Fund Joins $10M Round for Polkadot Lending Protocol Moonwell
17.3.2022
The project will enable users to take out over-collateralized loans on Polkadot’s EVM-compatible Moonbeam parachain
IQ Labs CEO Tom Tirman on Unlocking Utility for NTFs With Collateral-Less Renting Framework
17.3.2022
IQ Protocol is a decentralized money market for digital asset renting and on-chain subscriptions. The next money lego that allows users to rent wrapped expirable versions of digital assets without collateral for their utility, while allowing holders to earn by providing liquidity without risk....
Adshares and cookie3 Announces: First of Its Kind Targeted Advertising in the Metaverse
17.3.2022
PRESS RELEASE. Adshares protocol and blockchain analytic platform cookie3 has announced the Strategic Partnership aiming to create convenient marketing tools with accurate targeting and audience segmentation across the metaverse. The integration of cookie3’s analytics platform solutions with...
Fantom's FTM Token Rises 10% on Upcoming Protocol Upgrades
16.3.2022
Fantom (FTM) rose as much as 10% over the past 24 hours after the foundation tweeted about upcoming protocol upgrades. The token is still down about 50% so far this year amid developer departures
BTC Proxy Announces Strategic Partnership With Blockchain․com to Expand Bitcoin DeFi Ecosystem
16.3.2022
PRESS RELEASE. BTC Proxy, the Bitcoin Liquidity Protocol on Polygon, has entered into a strategic partnership with Blockchain.com, one of the world’s largest crypto platforms and an early pioneer of key Bitcoin infrastructure. As part of the partnership, Blockchain.com will add BTC Liquidity...
Payroll Protocol Zebec Raises $28M in Token Sales
15.3.2022
The private sale portion included Circle and Coinbase among its investors
DeFi Lending Protocol Agave's AGVE Plunges Over 20% Amid Exploit Investigation
15.3.2022
Hundred Finance, another lending protocol on the Gnosis chain, was also exploited in an apparent “re-entrancy” attack, according to a blockchain security researcher
Hacker Siphons $3 Million Worth of DAI and ETH From Defi Protocol Deus Finance
15.3.2022
Another decentralized finance (defi) protocol was breached this week after it was discovered that a hacker exploited the bilateral over-the-counter (OTC) derivatives platform Deus Finance. According to a post mortem Twitter thread published by the security firm Peckshield, Deus lost around...
TravelX Raises $10M to Launch Multichain Distribution Protocol
15.3.2022
The protocol for the travel industry tokenizes inventory for airlines and suppliers
Stablecoin Economy Nears $200B, UST Supply Jumps Higher, USDN Spikes 43% in 30 Days
15.3.2022
During the last 12 months the stablecoin economy has grown massive and the current valuation today is only $13 billion away from tapping the $200 billion mark. This month, the two biggest gainers in terms of 30-day issuance include Terra’s UST jumping 29.9% and Neutrino Protocol’s...
Ethereum Staking Protocol Swell Raises $3.75M as Locked ETH Tops $26B
14.3.2022
Swell is attempting to make it cheaper, easier and more efficient to stake Ethereum and eventually other blockchains
Kadena price soars by 40% after new protocol launches and a major exchange listing
12.3.2022
A listing at Binance and new interoperability-focused protocol launches resulted in a swift 40% gain in KDA price
Polychain, Arca Propose Anchor Protocol Yield Cut
11.3.2022
Backed by industry heavyweights, a governance proposal for Anchor aims to make the largest DeFi protocol on Terra more sustainable
Haven Protocol (XHV) shows strong signs of bottoming out after crashing 90%
11.3.2022
The Monero blockchain fork has surged by nearly 100% in the past five days against a rising appetite for privacy-focused cryptocurrencies
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Fantom-Based Algo Protocol Fantasm Exploited for $2.6M
10.3.2022
Some of the at-risk funds were recovered from the weeks-old protocol in the early hours of Thursday
AdaLend: The World’s Leading Cardano-Based Lending Protocol
9.3.2022
BSCPad and ADAPad Public Sale On March 14th. Cryptocurrencies and DeFi are experiencing a period of blistering growth: The total value locked (TVL) of tokens in DeFi protocols rose 357% to $255.39 billion among all blockchains. Over $2.5 trillion in cryptocurrencies was traded in January 2022...