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John Paller, Founder of ETHDenver, on Present State of ETH, and Future of DeFi, DAOs, and NFTs
27.2.2024
Cryptonews Podcast host Matt Zahab sat down once again with US-based blockchain entrepreneur and Founder of ETHDenver John Paller for another exciting interview. The two talked about ETHDenver setting the main themes for the year and what we may see in 2024. The founder further explained...
Risk Management in DeFi: Paternalism vs. the Invisible Hand
27.2.2024
DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit
27.2.2024
Quantitative research firm Gauntlet has joined Morpho, a trustless decentralized finance (DeFi) lending protocol, as a risk curator following its departure from Aave (AAVE).
The post DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit appeared first on Cryptonews
OKX Launches Crypto Exchange in Turkey, Expanding DeFi
27.2.2024
OKX, a leading global Web3 technology company and crypto exchange, has officially unveiled OKX TR, its crypto exchange tailored for users in Turkey.
The post OKX Launches Crypto Exchange in Turkey, Expanding DeFi appeared first on Cryptonews
Hedera developers can now access Pyth Price Feeds
27.2.2024
Pyth Price Feeds are now available to all Hedera developers, whereas DeFi developers have permissionless access to more than 400 financial data feeds. These can be implemented in smart contract applications, thereby empowering community developers to construct cutting-edge financial solutions...
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
26.2.2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted...
Seeking Yield on $37M Ether Treasury, JPEG'd DAO Mulls Airdrop Farming
26.2.2024
"There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
26.2.2024
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said
PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains
26.2.2024
The PancakeSwap team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any chain that doesn’t already have PancakeSwap deployed on it.
The post PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains appeared first on Cryptonews
SUN.io & HTX DAO forge liquidity boost pact
26.2.2024
SUN.io, a global leader in decentralized finance, has greatly boosted the DeFi sector by collaborating with HTX DAO to increase user engagement and sustain liquidity sponsorships in both the HTX and TRX markets. This collaboration is one of the most significant events that will help to preserve...
Defi’s Total Value Locked Hits $80 Billion in a Dramatic Turnaround Since 2022
25.2.2024
Recent data reveals that the total value locked (TVL) in decentralized finance has jumped past the $80 billion milestone, reaching heights not observed since the downfall of Terra’s stablecoin in May 2022. Leading the charge in 2024 by TVL size is Lido’s liquid staking platform, with...
Blueberry DeFi Protocol Suspends Lending Services After $1.3M Exploit
23.2.2024
In an X post published on February 23, the Blueberry Protocol Foundation announced that it was currently experiencing an “ongoing exploit” and recommended users to withdraw their funds from Blueberry lending markets while the foundation worked on halting the protocol.
The post Blueberry DeFi...
Injective Partners with DojoSwap to Launch CW-404 Standard, Inspired by ERC-404
23.2.2024
On February 23, Injective Protocol announced a strategic partnership with DojoSwap to launch the CW-404 standard, a groundbreaking token standard inspired by ERC-404. This collaboration aims to foster innovation and interoperability within the decentralized finance (DeFi) ecosystem.
The post...
Gauntlet Withdraws From Aave Partnership, Citing Governance Challenges
23.2.2024
Gauntlet has decided to withdraw from its role as Risk Steward for Aave, pointing to governance and operational challenges as the main reasons. This announcement marks the end of a four-year collaboration that has helped in growing Aave. Gauntlet Ends Partnership With Aave Due to DAO Disputes...
Camelot to power Orbit expansion with LayerZero Labs
23.2.2024
Camelot recently announced an integration with LayerZero Labs to power its Orbit expansion. The announcement was made on Camelot’s official X/Twitter account. The tweets read that Camelot is continuing to support Arbitrum Builders. Thus, the Arbitrum native DEX will be deployed on several...
AI-Powered DEX aggregator PlutoSwap (PLUTO) Launches Community Pre-Sale
23.2.2024
PlutoSwap (PLUTO) is making waves in the DeFi space with its launch of its AI-Powered DEX aggregator attracting significant attention from investors.
The post AI-Powered DEX aggregator PlutoSwap (PLUTO) Launches Community Pre-Sale appeared first on Cryptonews
Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion
22.2.2024
On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen...
Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape
22.2.2024
On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total....
LBank Labs Leads Investment Round in FortyTwo, Pioneering UX Frontend for Interchain DeFi
22.2.2024
PRESS RELEASE. LBank Labs, a leading blockchain investment fund of $100M AUM announced today its participation in a strategic funding round for FortyTwo, a revolutionary UX frontend for decentralized finance (DeFi) across the interchain ecosystem. The investment round also saw participation from...
DeFi Startup Euler Finance Bounces Back with Revamped Lending Vaults
22.2.2024