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Zoth teams up with Chainlink BUILD program
6.9.2023
Zoth will be teaming up with the Chainlink BUILD program for furthering the growth of the ecosystem and futuristic acceptance of the upcoming market real time world assets on-chain. This will be made possible by connecting with Chainlink’s benchmark oracle services and the technical backing. There...
DYDX Token Receives Full Community Support for dYdX Chain Integration
5.9.2023
Popular decentralized exchange dydx has received unanimous approval from its community to transition to version 4 and adopt the DYDX token as the Layer 1 token for its upcoming blockchain.
The vote, which took place on the Snapshot platform and concluded on September 4, garnered almost 100%...
CLS Global announces partnership with ApeSwap
5.9.2023
CLS Global has announced a partnership with ApeSwap, informing the community that the dynamic association between the two will open the door to a new experience for DeFi. ApeSwap has responded to this announcement by thanking them, further stating that they are looking forward to what comes next...
Meta Defender connects with Acala ecosystem
5.9.2023
Meta Defender, which is a multi-chain decentralized imitative marketplace that was created for Liquid Staking Tokens (LST), will be positioned on Acala. This will open the doors for the users of Polkadot to make use of trade DOT staking yields in general and particular within the ecosystem....
Creation of appchain with the codebase of Solana
4.9.2023
The CEO of MakerDAO, Rune Christensen, claims that it is possible for an upcoming appchain that is meant for the DeFi lending protocol to be created with the utilization of the codebase of Solana. This latest appchain is a segment of the supposed Endgame plan. The plan is aimed at enhancing...
Binance CEO CZ Predicts DeFi to Outshine CeFi in Upcoming Bull Run
4.9.2023
Binance CEO Changpeng Zhao believes decentralized finance (DeFi) can outshine centralized finance (CeFi) during the upcoming bull run.
On September 1, the crypto boss hosted a live X Spaces event, during which he expressed his belief that DeFi has the potential to surpass CeFi in terms of trading...
Public testnet of Arbitrum Stylus goes live
1.9.2023
Arbitrum Stylus is now live as a public testnet, opening the doors for developers and creators to get on board and give their best shots to the open-source SDK. Developers can leverage the facility of EVM and WASM, allowing them to craft a smart contract in any programming language they want....
sDAI Pool by Aave goes live after MakerDAO pulls yields downs
31.8.2023
Aave has announced launching the sDAI pool following a reduction in the DSR yields. DSR refers to the DAI Saving Rate. It was originally set to 3.3%, later pitched up at 8$, only to bring it down again. Rune Christensen, the Co-Founder of MakerDAO, has suggested further lowering the DSR yields...
StarkWare recovers blocked funds
31.8.2023
StarkWare, which is an Ethereum upgrading protocol, had funds to the tune of $550,000 blocked following an upgrade. This occurrence took place because a section of funds was siloed. However, as per reliable information released, the company has managed to successfully redeem the amount. During...
Uniswap Class Action Dismissed in Landmark Ruling for DeFi
30.8.2023
Legal proceedings against Uniswap, a leading decentralized exchange protocol, took a turn today when a class action lawsuit filed against it was dismissed.
Mike Wawszczak, a legal analyst, revealed that the judge presiding over the case — initially lodged by the US Securities and Exchange...
Velodrome to Introduce Aerodrome DEX on Coinbase's Base Network
29.8.2023
Decentralized finance (DeFi) protocol Velodrome has launched Aerodrome, a new decentralized exchange (DEX) built for Coinbase’s layer 2 blockchain Base.
The new DEX promises to allow traders to swap tokens with “minimal slippage” and low fees, while also rewarding users with governance tokens that...
Kana Labs gets membership in Japanese Crypto Asset Blockchain Association
29.8.2023
Kana Labs takes a great amount of pleasure in coming out with its official declaration that it has attained membership in the Japanese Crypto Asset Blockchain Association (JCBA). It is the 30th company to do so. In the case of JCBA, it is a coalition that consists of multiple business houses that...
Balancer briefs community about taking precautionary steps
28.8.2023
Balancer reported the vulnerability to the community on August 22, 2023. Every member has been on their toes since then. Reports claimed that the breach had affected 1.4% of the Total Value Locked. The portion was later revised to 0.89%, roughly translating to $5.6 million. This has been credited...
1inch Network embraces Base: Unlocking new DeFi horizons
25.8.2023
The 1inch Network is taking an impressive leap into decentralized finance (DeFi) by integrating its 1inch Aggregation and Limit Order Protocols onto Base, the Layer-2 Ethereum scaling solution created by Coinbase. This groundbreaking move in the network’s development will provide users with...
Side Protocol integrates Injective for Mesh Liquidity
25.8.2023
Side Protocol has integrated Injective. Described as strategic in the announcement by Side Protocol, the idea behind establishing this association is to embrace Mesh Liquidity to achieve further innovations in decentralized finance, also known as DeFi. It will specifically look to achieve...
Binance Labs merge with Pendle Finance: Scaling DeFi Yield & LSDfi
24.8.2023
Pendle Finance, a DeFi protocol that specializes in tokenizing and trading yield-generating assets, has been acquired by Binance Labs, its venture capital and incubation group. This further shows how serious Binance Labs is in pushing forward projects that seem to be very promising and have...
Privacy Breach at Friend.tech: Wallet Addresses and Usernames of 101,000 Users Exposed
22.8.2023
Friend.tech has suffered from a major privacy breach that has led to the unauthorized disclosure of sensitive information pertaining to more than 101,000 individuals.
Banteg, a core contributor to popular DeFi project Yearn Finance, has published a repository of publicly available scraped data...
Decentralized Social Network Friend.tech Surpasses $1 Million in 24-Hour Fees, Leaving Uniswap and Bitcoin Behind
21.8.2023
Decentralized social network Friend.tech has generated over $1 million in fees within just 24 hours of its release, outperforming well-established players like Uniswap and the Bitcoin (BTC) network.
According to data from crypto data aggregator DefiLlama, Friend.tech has generated $1.12 million...
Ethereum’s Zero-to-One: A moment of phone-run nodes explanation
21.8.2023
An important step towards increasing Ethereum’s decentralization is coming soon. This new update could potentially lead to a big decrease in the amount of data needed for running infrastructure on the well-known smart contract network. Right now, Ethereum’s validator nodes –...
DeFi Lender Exactly Protocol Exploited For $12 Million
18.8.2023
Optimism-based decentralized crypto lender Exactly Protocol suffered a bridge exploit as it lost as much as $12 million worth of ETH earlier today.
Blockchain security firm De.Fi reported that the hacker used an exploiter contract on Ethereum that transferred deposits to Optimism before ultimately...