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Uniswap V3 User’s Costly Liquidity Pool Error: $700,000 Lost to MEV Bot
6.11.2023
A trader using the decentralized exchange (DEX) Uniswap V3 lost over $700,000 after he entered wrong values while creating a new liquidity pool. According to an X post from on-chain analytics firm Arkham, the user added a total of $1.5 million of liquidity in the WBTC-CRV pool he created on Uniswap...
Amino Rewards locks assets worth $34 million in FlokiFi Locker
6.11.2023
Amino Rewards has locked $34 million worth of assets in FlokiFi Locker. This can be categorized into treasury tokens, ecosystem rewards, marketing tokens, and liquidity pools. Allocation in every segment is 20% of supply, 20% of supply, 5% of supply, and $900k, respectively. This extends...
Galxe announces deployment of Arbitrum GalxeOAT
3.11.2023
Galxe, a Web3 community, has announced that it has deployed Arbitrum GalxeOAT, now empowering users to mint without skipping a beat. However, it has met with mixed reactions right from the beginning. While some members have appreciated the move, others have sought an official link to be made...
Radiant Capital announces going live on the Ethereum mainnet
2.11.2023
Radiant Capital recently announced going live on the Ethereum mainnet. The announcement was made on the official X/Twitter account of Radiant Capital. The integration was powered by Balancer, Stargate Finance, and LayerZero Labs. Besides the announcement, the X thread also mentioned the ETH token...
UK Treasury Unveils Crypto Asset Regulatory Framework – Here’s What You Need to Know
31.10.2023
The UK government has issued a comprehensive response to its consultation on crypto asset regulation, unveiling a final regulatory framework based on input from businesses, experts, and significant market events, including the ongoing FTX court case. With these proposals, the UK government...
Polkadot Staking Dashboard 1.1 goes live
31.10.2023
Polkadot Staking Dashboard 1.1 is now live, and the community is hailing it as a big release. For all the right reasons, one can assume that there are many features that the Staking Dashboard brings with it. At the core is data availability for choosing a balanced set of validators. There is...
PancakeSwap Integrates Bril’s Portfolio Manager to Diversify Liquidity Pools
30.10.2023
As decentralized finance (DeFi) continues to plug along in its quest to capture market share, PancakeSwap, one of the leading decentralized exchanges, has recently taken a step toward optimizing its service offerings. On Monday, PancakeSwap announced a collaboration with DeFi protocol Bril Finance...
FlokiFi Locker secures $250,000+ of $OGGY
30.10.2023
OGGY recently joined hands with Floki to lock its tokens with Floki’s crypto locker protocol. The platform has decided to lock 250,000 dollars worth of $OGGY with FlokiFi Locker. Both OGGY and Floki shared the news on their respective X/Twitter accounts. The tweet by OGGY read that the platform...
Floki’s TokenFi goes live to capitalize on tokenization possibilities
27.10.2023
Floki has announced launching TokenFi on October 27, 2023, at 3 p.m. UTC. Its ticker is FLOKI, with a total supply of 10 billion. This will be equally split between BSC and ETH. Meaning both networks will host 5 billion FLOKI, respectively. The objective of introducing a crypto and asset...
BitGo now supports INJ via Injective integration
26.10.2023
BitGo has announced its support for INJ through integration with Injective. It will happen on the platform of BitGo, enabling institutional players and the DeFi community to gain greater access to the product. This marks a major step towards bridging the gap with traditional finance. Moreover,...
Highlights of the Africa Money and DeFi Summit
26.10.2023
Africa Money and DeFi Summit is seeing the Hedera ecosystem lead the charge for banking the bankless. In fact, the topic was the focal point of the event for the majority of its duration. It was taken up by many experts in sessions and presentations. The event welcomed the participation of Pete...
Chainlink tweets about 3 pillars driving economic growth
25.10.2023
Chainlink recently released a tweet on its official X/Twitter account to talk about its economic growth. The renowned Oracle solution provider is experiencing rapid growth across its three pillars. These pillars are: Increased Monetization: Be it introducing new payment models or day-1 monetization...
Yield App onboards six fresh cryptocurrencies
23.10.2023
Yield App takes great pleasure in coming out with its declaration of having taken on six fresh cryptocurrencies. They are the Polygon Network (MATIC), as well as Solana (SOL), Polkadot (DOT), Atom (ATOM), Ripple (XRP), and Link (LINK). It will now be possible for users to earn 5% via the Yield...
Linea releases its new ERC20 token bridge for DeFi apps
23.10.2023
Linea has released its new ERC20 token bridge for DeFi applications. The announcement was made on the official X/Twitter account of Linea. According to the tweet, Linea has partnered with MetaMask, Circle, Transak, and Banxa for the bridge. Besides the bridge, the tweet also teased a limited-time...
Uniswap Leads Decentralized Exchanges in 2023 as Trading Volume Hits All-Time High
20.10.2023
The leading decentralized exchange (DEX) Uniswap recorded an all-time high trading volume of over $100 billion in October. This milestone is part of a larger trend that sees the platform not just sustaining growth but also surpassing established centralized exchanges like Coinbase.
The data also...
Sui becomes the fastest-growing DeFi platform
20.10.2023
Sui has achieved significant numbers in just three months. These are in terms of total value locked (TVL) and volume. This has strengthened its growth as a DeFi platform. The TVL stands at 341% growth, while the volume has jumped by 229%. This has been termed a significant milestone for...
Ethereum investors choose LSDFI for enhanced yield opportunities
20.10.2023
The Ethereum LSDFi (Liquidity Staking Decentralized Finance) refers to the latest update in the Ethereum DeFi sector and has been growing by leaps and bounds in recent years. The lion’s share of this massive growth is attributed to the Ethereum Shapella upgrade. It is worth noting that LSDFi...
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...