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Value Locked in Defi Stalls Before Reaching the $100 Billion Mark, Cross-Chain Bridge Statistics Crater
2.8.2022
During the last few weeks, the total value locked (TVL) in decentralized finance (defi) has come awfully close to reaching the $100 billion mark again, but it fell short this week. Today, the value locked across the defi ecosystem is $86.22 billion as the TVL has lost 3.34% during the past...
Waves community back DeFi revival plan for Vires.Finance
2.8.2022
A Waves proposal that aims to solve the liquidity problem of Vires.Finance has passed after gaining the support of its community
Nomad DeFi Bridge Drained of At Least USD 150M in 'Chaotic' 'Decentralized Robbery'
2.8.2022
Cross-chain messaging protocol Nomad, which allows users to send and receive tokens between different blockchains, was drained of at least USD 150m after experiencing a security exploit that allowed bad actors to spoof messages. ...
Read More: Nomad DeFi Bridge Drained of At Least USD 150M...
Crypto lender Vauld granted three-month protection from creditors
2.8.2022
Vauld's parent company Defi Payments Ltd says the moratorium granted on Monday will give it the necessary breathing room to form a restructuring plan
Why DeFi Giants Aave, Curve May Want Their Own Stablecoins
1.8.2022
The Power of Loyalty Points and the Importance of Getting Them Right – Dennis Jarvis, CEO of Bitcoin.com
1.8.2022
Prominent DeFi projects such as Uniswap, Curve, Aave, and MakerDAO declined in ETH terms since at least Q1 2021. Some see this as a fundamental failing of DeFi protocols to capture value and an inability to create moats. There are questions whether the composable and open nature of crypto prevents...
Floki Ecosystem Introduces FlokiFi: The Future of DeFi Solutions
1.8.2022
The Floki community seems to be very enthusiastic for a really long period of time about “Project L,” an unexplained utility protocol that they have been developing. We must first discuss FlokiFi before we delve into what Project L is. A group of decentralized finance products that will...
Aave DAO Approves the Launch of a Collateral-Backed Stablecoin Called GHO
1.8.2022
On Sunday, the non-custodial market protocol Aave announced that the Aave DAO has approved a new stablecoin for the ecosystem called “GHO.” Aave Companies proposed the stablecoin during the first week of July and the collateral-backed stablecoin will be pegged to the U.S....
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
31.7.2022
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more...
Some Bitcoin & Ethereum Bullishness, Legal Coinbase Conundrums, DeFi & NFT Exploits and 20 Crypto Jokes
30.7.2022
Read More: Some Bitcoin & Ethereum Bullishness, Legal Coinbase Conundrums, DeFi & NFT Exploits and 20 Crypto Jokes
Parallel Capital Is the New Borrower for Clearpool
29.7.2022
Clearpool published a blog post to announce that it has a new single borrower pool – Parallel. It will be available soon on the Clearpool Polygon Market. The pool is being launched by Parallel Capital, a high-frequency trading firm. Parallel Capital was founded in 2018 as an algorithmic...
Eden Network Launches yyAVAX On Avalanche With Align Incentives
29.7.2022
Eden Network has announced the launch of yyAVAX, a liquid staking product, in partnership with Yield Yak and Geode Finance on Avalanche. The new product launched is a yield-bearing derivative awarded to AVAX token stakers. Native tokens are often required to be staked by users to secure...
Solana Team Set to Open Doors of a Physical Store in New York to Promote Solana and Web3
28.7.2022
The team behind open-source blockchain Solana (SOL) is readying to open its physical store in New York City, USA, to the public, in a bid to promote the Solana blockchain and Web3 at large.
The store, dubbed Solana Spaces, is located at a mall in Hudson Yards and was launched in collaboration with...
Crypto Fund Variant Commits $450M to Backing Web3, DeFi Projects
28.7.2022
A $150 million seed fund will focus on Web3 founders and a $300 million opportunities found will double-down on portfolio projects
US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
28.7.2022
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: US GPD Slips Again, Another DeFi Protocol Attacked, Zipmex Seeks Protection + More News
Step Finance Acquires SolanaFloor to Provide DeFi, NFT Data Insights
28.7.2022
Once a customer of SolanaFloor's, Step Finance is expanding from a focus on DeFi to also include NFTs
Nervos Foundation Offers Grant to Encentive
28.7.2022
The Nervos Foundation has announced that it has offered Encentive a grant to integrate its turn-key, multichain dApp building platform with Nervos Layer 2 Godwoken. Once integrated, it will extend the capabilities of Godwoken mainnet to those who continuously use Encentive to create and customize...
Solana DeFi Protocol Nirvana Drained of Liquidity After Flash Loan Exploit
28.7.2022
Prices of the protocol’s ANA tokens fell nearly 80% following the attack
'Let's Try This Again': Lido DAO Relaunches Proposal for Selling LDO 10M to Dragonfly Capital with 'Better Terms'
28.7.2022
Lido DAO, the governance forum for the Lido Finance project, has put forward a new proposal for selling LDO 10m tokens to crypto investment firm Dragonfly Capital, apparently with better terms.
"Ok, lets try this again," states the new proposal, which was submitted by Lido's head of business Jacob...
Amberdata to Deliver Institutional Market Participants a Comprehensive Data Set on Avalanche
28.7.2022
Amberdata has announced to add Avalanche Network to its line-up of supported blockchains. Adding Avalanche Network gives network participants access to granular and dynamic data that they can leverage to power their research, analytics, trading, and reporting. Amberdata has created a proprietary...