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Nalezeno "what is DeFi": 9992

Space and Time Unveils Sub-Second ZK Prover, Now Open-Sourced

13.6.2024
With goals set on advancing blockchain and artificial intelligence (AI) integration, Space and Time has publicly released its high-speed zero-knowledge prover, Proof of SQL, under an open software license. The team says the release marks a notable shift towards more efficient data verification...

SushiSwap unveils new council structure and multi-token model

13.6.2024
The decentralized exchange SushiSwap is making its royal entry into the market with a multi-token model and a new council structure titled Sushi Labs. The latest models will work along with SushiSwap’s decentralized autonomous organization. The newly launched business organization will be...

Pyth network positions its oracle solutions on IOTA EVM

13.6.2024
Pyth network has positioned its oracle solutions on IOTA EVM to enhance oracle’s ability to introduce real-time data on-chain, from external sources and prepare them to be utilized within smart contracts.  Pyth network is oracle based, intending to offer a smooth and convenient service...

Lido announces a partnership with Mellow Finance

12.6.2024
Lido has announced a partnership with Mellow Finance. The objective is to provide the holders of staked ETH (stETH) access to advanced DeFi vaults. The partnership also includes an association with Symbiotic. The partnership aligns with Lido’s mission to enter the Ethereum restaking space...

Vertex goes live on Mantle, boosting DeFi speed and efficiency

12.6.2024
The release of Vertex on Mantle, a layer-two rollup solution for Ethereum, marks a significant advancement in the field of blockchain and decentralized finance. It is anticipated that this integration will result in a positive impact on the DeFi industry by increasing the speed of transactions...

Astar Network releases dApp Staking v3-compatible Astar Native Ledger app

12.6.2024
The investor community, which is passionate about enjoying Ledger’s security, can choose the Astar Native Ledger App. It will make the experience of using dApps more fruitful and enticing to the large customer base. Astar is a proponent of innovation in the dApp staking space, which makes...

ZKsync announces airdrop of 3.67B $ZK token to 695k wallets next week

11.6.2024
ZKsync has announced plans to deliver a generous gift to its loyal community members. According to an announcement on ZKNation, starting June 17th, an unrestricted airdrop of 17.5% of the total token supply, i.e., 3,675,000,000 tokens, will be distributed as a show of gratitude. While this sizable...

OP Mainnet boosts decentralization with new ‘Fault Proofs’

11.6.2024
OP -3.29% Labs has taken a giant leap in the world of Layer 2 Blockchain technology to implement fault proofs on their OP Mainnet. This achievement brings the platform to “stage 1 rollup” status, which points towards decentralization. This milestone is necessary for the network because it builds...

DeFi project Hydration will receive $14.4M from Polkadot Treasury

11.6.2024
Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....

Rise of Crypto Loans: A dramatic and unprecedented event

10.6.2024
The Aave V3 protocol is approaching $6 billion in loans, and it is a clear indication of the maturity of decentralized finance strategies. The rapid growth of crypto loans is well-documented, as evidenced by their vast quantity. According to the latest industry reports, onchain borrowings exceeded...

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend

10.6.2024
On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...

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