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Polygon (MATIC) Competitor Pandoshi (PAMBO) Raises $2 Million in Presale
24.1.2024
A new decentralized finance (DeFi) platform, Pandoshi (PAMBO), is creating quite a stir in the crypto community. This multi-faceted ecosystem has raised an impressive $2 million in its ongoing presale, showcasing its vast potential in the DeFi space. Powered by a Layer 2 network and...
dYdX Overtakes Uniswap as Daily Trading Volumes Hit $757 Million
18.1.2024
Decentralized finance (DeFi) platform dYdX market has moved past Uniswap as the largest decentralized cryptocurrency exchange (DEX) by trading volumes. Recent data from crypto analytics firm Cointelegraph shows an increase in the trading volume of dYdX v4 over Uniswap’s v3 in the last 24 hours....
Nigerian Crypto Startup Reveals Closure of $2.3 Million Strategic Funding Round
17.1.2024
The Nigerian crypto startup revealed on Jan. 16 that the firm had closed a $2.3 million strategic fund to finance the acquisition of operating licenses from different African regulators. Canza Finance said it hopes the new licenses and the defi platform will help it achieve its goal of lowering...
This Solana (SOL) Rival token is ready to pump 50x in 2024, currently at a cheap price of only $0.07
14.1.2024
People are always on the lookout for the next big investment opportunity, and one name that’s been getting attention is Retik Finance. It’s a decentralised finance (DeFi) platform that could be a rival to the well-known Solana (SOL). Right now, it’s priced at only $0.070, making...
Passive Income with Cerra.io: Join the Future of Cardano DeFi:
5.1.2024
Cerra.io stands as a decentralised finance (DeFi) platform where users have ownership, fueled by the CERRA utility token, which operates on the Cardano blockchain. CERRA utility token serves as the primary catalyst for the Cerra.io economic activities and represents a share of ownership in...
Defi Platform Radiant Capital Loses Digital Assets Worth $4.5 Million After Flash Loan Attack
4.1.2024
Radiant Capital, a decentralized finance (defi) platform, confirmed on Jan. 3, 2023, that it fell victim to an attack which saw the “protocol accruing bad debt in the WETH market, totaling about 1.3% of total protocol TVL” or $4.5 million. Radiant Capital has urged the hackers...
CAKE Token Supply Cut — Pancakeswap Community’s Decisive Vote Spurs Market Surge
29.12.2023
The Pancakeswap community has sanctioned a governance vote to eliminate 300 million CAKE tokens from the crypto asset’s total supply. Records indicate that a substantial 97.88% of community votes supported the reduction of 300 million CAKE, decreasing the total supply from 750 million to...
Defi Platform Levana Protocol Says $1.14 Million Was Lost During an ‘Oracle Attack’
29.12.2023
The decentralized finance platform Levana Protocol confirmed on Dec. 27 that unknown attackers had drained approximately $1.14 million from the liquidity pool. The Levana team however insisted that the issue has “been fixed and opening positions will relaunch next week.”...
Will This Cardano Rival Reach Higher Trading Volumes Than ADA?
24.12.2023
The Cardano (ADA) blockchain has established itself as a prominent player in the cryptocurrency world, known for its fast transaction speeds, secure infrastructure, and commitment to sustainability. However, a new challenger has emerged from within the Ethereum ecosystem: Retik Finance (RETIK)....
Secured Finance Launches The First Crypto Bond Market
22.12.2023
PRESS RELEASE. December 22nd 2023 – Secured Finance, a pioneering decentralized finance (DeFi) platform, is reshaping the cryptocurrency landscape with its innovative approach to lending and borrowing. Using novel architecture, Secured Finance has announced the launch of the first crypto...
DeFi Platform Conic Finance's CNC Token Surges 50% as the Protocol Plots Comeback After Hack
12.12.2023
Conic Finance was hacked in July draining roughly $3.6 million worth of ether from the protocol
“Magic: The Gathering” Cards Used in Possible Cashout by Uranium Finance Hacker
8.12.2023
Source: Pixabay A hacker who targeted the Uranium Finance DeFi platform in 2021 may have attempted to launder their stolen crypto gains by using “Magic: The Gathering” trading cards. Pseudonymous blockchain sleuth ZachXBT posted an X thread on Thursday which detailed a series of moves...
Jito Launches Airdrop of $225 Million in Tokens to Solana Community
8.12.2023
Source: screenshot from Jito.Network Solana-based decentralized finance (DeFi) platform Jito has launched its much-anticipated airdrop, distributing approximately $225 million worth of tokens to Solana users globally. The airdrop, which commenced on Thursday this week at 11 am EST (4 pm UTC)...
Solana DeFi Platform Jupiter Shares Airdrop Allocations – Here’s How to Check Eligibility
3.12.2023
Source: AdobeStock / Aleksandra Sova Jupiter, a decentralized exchange (DEX) aggregator running on the Solana (SOL) blockchain, has announced the opening of initial claims for its JUP token airdrop. In a recent post on X (formerly Twitter), the project said users can now begin claiming their...
De.Fi 2.0: Revolutionizing SocialFi & Antivirus, Secures $5 Million in Funding
21.11.2023
Source: Adobe / BeNeDak De.Fi, a platform that describes itself as a “SocialFi & Antivirus SuperApp,” has achieved a major milestone with the introduction of decentralized finance (DeFi) platform De.Fi 2.0, along with an ongoing public sale of its DEFI token. So far, the project...
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
16.11.2023
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers
Pancakeswap Introduces ‘Pancake Mayor’ in New Gamefi Venture
16.11.2023
Pancakeswap, the crypto exchange and decentralized finance (defi) platform, is stepping into the world of game finance (gamefi) by introducing its own gaming marketplace. The marketplace is spearheaded by “Pancake Mayor,” a city-building simulation game developed by Binaryx....
DeFi Platform Raft Hacked for $3.3 Million, Attacker Burns Most of Stolen ETH – Here’s What Happened
11.11.2023
Source: Pixabay Decentralized finance (DeFi) platform Raft has suffered a hack resulting in the loss of approximately $3.3 million in Ethereum ( ETH). However, the attacker’s attempt to profit from the heist may have backfired, as they incurred a loss themselves. On-chain data reveals that...
Raft Suffers $3.3M Exploit That Drove Down Stablecoin 50%, but Hacker Likely Lost Money on Attack
10.11.2023
Raft's R stablecoin lost its dollar peg, dropping as much as 50% in the immediate aftermath of the exploit
Onyx Protocol Suffers $2.1M Loss in Defi Breach, Fraction of Funds Redirected to Tornado Cash
1.11.2023
Multiple sources have confirmed that Onyx Protocol, a decentralized finance (defi) platform, has been compromised in a security breach, resulting in a loss of $2.1 million. In the wake of this attack, a fraction of the stolen crypto assets, originally from the cross-token liquidity market, were...