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Nalezeno "DeFi": 11320

ZKsync announces airdrop of 3.67B $ZK token to 695k wallets next week


ZKsync has announced plans to deliver a generous gift to its loyal community members. According to an announcement on ZKNation, starting June 17th, an unrestricted airdrop of 17.5% of the total token supply, i.e., 3,675,000,000 tokens, will be distributed as a show of gratitude. While this sizable...

OP Mainnet boosts decentralization with new ‘Fault Proofs’


OP -3.29% Labs has taken a giant leap in the world of Layer 2 Blockchain technology to implement fault proofs on their OP Mainnet. This achievement brings the platform to “stage 1 rollup” status, which points towards decentralization. This milestone is necessary for the network because it builds...

DeFi project Hydration will receive $14.4M from Polkadot Treasury


Polkadot Treasury has allocated 2 million DOT tokens. They were worth approximately $14.4 million. The DeFi project Hydration has benefited from the allocation, which aims to improve liquidity and efficiency. Omnipool is a liquidity provisioning platform that operates on a single-sided basis....

Rise of Crypto Loans: A dramatic and unprecedented event


The Aave V3 protocol is approaching $6 billion in loans, and it is a clear indication of the maturity of decentralized finance strategies. The rapid growth of crypto loans is well-documented, as evidenced by their vast quantity. According to the latest industry reports, onchain borrowings exceeded...

Onchain Alerts Uncover $19 Million Siphoned From Defi Protocol Uwu Lend


On June 10, the onchain intelligence platform Arkham revealed that the decentralized finance (defi) protocol Uwu Lend may have experienced a potential exploit. Arkham and Cyvers reported that more than $19 million had been siphoned from the lending protocol. Over $19M Drained From Uwu Lend The defi...

Radix will be the part of the idOS consortium


Radix is becoming a member of the idOS Consortium, a decentralized identity network that is specifically designed to store and manage access to decentralized identities. Currently, it is catering to a large number of authenticated users. It was created with the assistance of a variety of framework...

Fireblocks now offer Core, expanding institutional BTCFi access


Core, a layer-one blockchain powered by Bitcoin that is compatible with EVM-compatible smart contracts, is now accessible on Fireblocks. The Core is tasked with bringing Bitcoin finance to life through a unique Bitcoin staking protocol. It is delightful to note that the very first yield-bearing...

Solana surges amid memecoin activity and DeFi


Solana ($SOL) was seen marking an uptick of 5% amid a rise in trading activities. It pertains to an increase in interest in meme coins. The scenario affects Solana because it demonstrates its ability to handle a larger number of transactions with scalability. Other factors that have contributed...

Misyon Bank launches an Avalanche-based asset tokenization platform


Turkey-based Misyon Bank, an investment bank and one of Turkey’s first neobanks, has recently launched a platform that enables the tokenization of real-world assets on the Avalanche blockchain network. Misyon Bank announced this on June 5, describing it as a comprehensive platform that enables...

Holesky launch: AVS’s begin testing restaker and operator rewards


EigenLayer has recently released the first version of its rewards system on the Holesky testnet, which shows that they are making steady progress. This first phase allows AVSs to engage with the rewards system, assess the structure of incentives for both restakers and node operators, and allow...

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