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Today in Crypto: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council, Bitdeer Announces $2 Million Share Repurchase Program
19.10.2023
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: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council...
$KNC goes live on Aave V3 Ethereum
19.10.2023
Kyber Network has announced that its native token, $KNC, is now live on Aave V3 Ethereum. However, the announcement is pretty young, and more details about the listing and responses from the community are awaited. Kyber Network has recommended traders do their own research before executing a trade...
Are DeFi prediction markets on the verge of a big breakthrough?
19.10.2023
DeFi refers to decentralized finance. In a macro sense, prediction markets bring out the meaning for users to guess the outcome no matter the segment. However, DeFi Prediction Markets, together, form a union for people to assume the outcome of the movement of a digital asset. The answer has to...
FlokiFi Locker upgrade goes live
18.10.2023
FlokiFi has announced launching the upgraded version of its locket on a total of 14 EVM-compatible blockchains. FlokiFi Locker was previously live on 12 blockchains, including, but not limited to, Polygon, Arbitrum, and KCC. Two newly added blockchains are Base and opBNB. The upgraded version...
Uniswap Labs to charge a 0.15% fee on select frontends and assets
17.10.2023
Uniswap Labs recently announced levying a 0.15% fee on a few frontends and assets. Traders using frontends by Uniswap on its DEX will be subject to the 0.15% fee. Hayden Adams, the founder of Uniswap, made the announcement on its official X/Twitter channel. The founder portrayed the fee as a way...
Vector Finance has integrated with LayerZero
17.10.2023
LayerZero Labs has announced its integration with Vector Finance. The objective of the partnership is to power cross-chain yield harvesting and distribution. Vector Finance will, overall, perform select functions, including, but not limited to, harvest on Arbitrum, swap for AVAX gas, harvest zJOE...
Stars Arena partially relaunches the app, pausing trade
16.10.2023
Stars Arena has announced that it has relaunched its application; however, all functions are live at the moment. Stars Arena has said that it has temporarily halted trading functionality on the platform. There will be a separate announcement when the service resumes. Partial reopening is effective...
Decentralized Crypto Exchange Uniswap Brings Mobile Wallet to Android Users
13.10.2023
Decentralized finance (DeFi) exchange Uniswap has launched a mobile wallet application for Android users on Thursday, after launching on iOS in April.
Following the iOS launch, Uniswap saw an influx of downloads and became the top three wallet for new downloads, the exchange said in an official...
Stars Arena receives nearly 90% of the lost funds
12.10.2023
Stars Arena has posted an update, informing the community that the team has recovered approximately 90% of the funds that were lost previously. The development comes as Stars Arena reaches an agreement with the individual behind the drainage. They have been awarded 10% of the bounty along with...
Ethereum DeFi Protocol BarnBridge Faces SEC Action and Fines, Opens Token-Holder Voting
12.10.2023
Decentralized finance (DeFi) lending project BarnBridge has announced a token-holder voting to tackle the legal charges that the project is facing from the US Securities and Exchange Commission (SEC), along with fines.
BarnBridge confirmed in July that is it facing a probe from the US regulators...
Trader Joe's Goes After DeFi Namesake in Trademark Lawsuit, Seeks All Profits
10.10.2023
On October 5, American grocery store chain Trader Joe's filed a federal lawsuit against a decentralized finance (DeFi) platform named Trader Joe.
The lawsuit accuses the DeFi platform of trademark infringement and seeks all profits generated by the platform as damages. This lawsuit follows...
Former OpenSea Executive Entangled in AnubisDAO Rug Pull Allegations
9.10.2023
Kevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics.
For its part...
Stars Arena patches a smart contract vulnerability
6.10.2023
Stars Arena faced an exploit worth $2,000. Now, reports are surfacing claiming that almost $1 million could be at risk. It was basically a smart contract vulnerability that enabled hackers to sell zero shares in return for AVAX. Meaning, they were draining funds from the network with...
Perennial Protocol introduces V2 on Arbitrum Network
5.10.2023
Perennial Protocol has finally introduced V2. The achievement comes with a long period of extreme effort and dedication, resulting in the fact that it will be quicker, cost-effective, and capital-effective. However, let us have a closer understanding of the achievements of Perrenial’s V1. V1...
Manifold Finance introduces LST with MEV optimization
5.10.2023
Manifold Finance has released a new liquid staking token (LST) that is mev-optimized in an effort to wipe out competition in the ether staking derivatives market. Manifold promised in a blog post examined by Blockworks that its users would soon be able to convert their 28,000 crETH2 to mevETH,...
Chainlink Data Streams introduces on Mainnet
3.10.2023
Chainlink Data Streams has been introduced, an all-inclusive data solution for the betterment of the DeFi space. It combines low-latency data delivery and automated trade implementation, opening the doors to new-age and speedy derivatives products. Currently, Data Streams is in the Mainnet Early...
Pond0x DEX Touts $100M Volume Amidst Scam Allegations
30.9.2023
Decentralized exchange (DEX) Pond0x has reportedly achieved a total trading volume exceeding $100 million despite scam allegations.
In a recent post on X (formerly Twitter), the project's official channel referred to a Dune dashboard that displayed over $111 million in all-time trading volume...
ParaSwap goes live on Base
28.9.2023
ParaSwap, a middleware for traders and decentralized applications, is now live on Base, an Ethereum L2 solution. With an announcement stating that this is a significant leap for them, ParaSwap has confirmed the development. Going live on Base aims to offer traders more opportunities at the best...
Ethereum’s relayers down to 4 after Blocknative leaves
28.9.2023
Blocknative has said that it is withdrawing its operations or discontinuing its offering as a relayer. This officially brings the upcoming number of relayers for Ethereum to four. The community is now in splits about how things will work out, for the discontinuation is tentatively scheduled...
Virtue announces partnership with ShimmerSea
26.9.2023
Virtue takes immense pleasure in declaring the fact that it has formed an exclusive partnership with ShimmerSea. This is one of the prime decentralized exchanges (DEX) on ShimmerEVM. The company’s vision is to provide high-end trading exposure. Through this joining of hands, both companies will...