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DeFi ‘circuit breaker’ could slash hack losses by 70%: Finance Redefined
7.7.2023
The top 100 DeFi tokens had a mixed week. Most tokens traded in the same range as the previous week, with a minor bearish correction
Today in Crypto: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told to Stop 'All Work' Amidst Investigation, Lightning Labs Releases Tools for Bitcoin Lightning & AI Devs
7.7.2023
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: Saga Pulls Back From Blockchain Gaming, Bitfinex Recovers More Stolen Assets, BarnBridge DAO Members Told...
Multichain Woes: Users Informed of an ‘Abnormal’ Transfer of Assets to Unknown Address
7.7.2023
Users of the cross-chain protocol Multichain were on July 6 informed of an abnormal transfer of lockup assets on the Multichain MPC address to an unknown address. While the Multichain team has urged users to stop using the cross-chain protocol, Binance CEO Changpeng Zhao (CZ) told his followers...
Solana staking is currently accessible on Gemini
7.7.2023
It is presently possible to carry out Solana staking via Gemini staking, which will open the doors for being able to obtain SOL rewards in one’s Gemini account. Gemini staking is also into backing staking activities related to Ethereum (ETH), along with Polygon (MATIC) and Solana (SOL). However,...
European trade body warns against the exclusion of DeFi from MiCA
7.7.2023
The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization
BarnBridge instructed to close liquidity pools
7.7.2023
BarnBridge DAO has been instructed to put a closure on its present liquidity pools due to the fact that there is an ongoing investigation being carried out by the Securities and Exchange Commission of the U.S. BarnBBridge DAO, which is into operating a small DeFi protocol, has been instructed...
BOND Token Slumps 10% as BarnBridge Faces SEC Investigation
7.7.2023
“All work on BarnBridge-related products should stop,” an appointed legal counsel said in a Discord message viewed by CoinDesk
Multichain Team Confirms Exploit Across Fantom, Moonriver and Dogechain Bridges
7.7.2023
“It is recommended that all users suspend the use of Multichain services and revoke all contract approvals related to Multichain,” developers said early Friday
ETH DeFi 'circuit breaker' could cut hack losses by 70% — Developer
7.7.2023
Diyahir Campos, a smart contract developer behind the new ERC proposal, sought to take action after becoming a victim of the Euler Finance hack in March
BarnBridge DAO calls halt to ‘all work’ on DeFi protocol amid SEC probe
7.7.2023
Some DAO members joked about the situation while others believed there may be an ulterior motive at play
Ethereum Scaler Starknet Launches Testnet for Transformative 'Quantum Leap' Upgrade
6.7.2023
The Ethereum scaling solution Starknet has rolled out the testnet for its layer-2 network.
The roll-out, conducted by the Israel-based development firm StarkWare, is the first step towards bringing the upgraded solution, dubbed Starknet Quantum Leap, to the mainnet around July 13, provided...
DeFi Firms Sign Up to Balancer's Plan for Tackling Lack of Liquidity
6.7.2023
Decentralized finance (DeFi) protocol Balancer has attracted several of its peers with a new tokenomics proposal dubbed the "8020 Initiative."
Enjin Coin price green on the chart; Tradecurve brings something new to the DeFi space
6.7.2023
Enjin Coin and Tradecurve have gained significant interest from buyers due to their notable price fluctuations in the crypto market. While Enjin Coin has shown promising growth on the price chart, Tradecurve is making waves with its innovative approach in the DeFi space. Let’s take a closer look...
On-chain derivatives are DeFi’s next boom opportunity — Apollo Capital
6.7.2023
With centralized exchanges coming under increasing scrutiny, Henrik Andersson has touted the promise of decentralized derivatives
Centralization Comes to DeFi as Group Behind MIM, SPELL Tokens Mull Legal Shakeup
5.7.2023
A project leader called for adding lawyers, jurisdictions and trustees for Abracadabra DAO, the entity overseeing Magic Internet Money (MIM) and SPELL tokens
Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’
5.7.2023
“We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk
Ethereum-Based Yield Powerhouse Pendle Finance Expands to BNB Chain
5.7.2023
Value locked on the liquid staking derivatives platform has grown nearly tenfold this year
How blockchain technology and DeFi could help solve the housing crisis
5.7.2023
Home Construction Collective’s co-founders spoke with The Agenda podcast to explain why homes are so expensive and how decentralized finance might provide an answer
Binance Halts Transfers of Multichain-Linked Tokens Following May Incident – Here's the Latest
5.7.2023
Starting July 7, 2023, Binance will cease to facilitate deposits and withdrawals of several cross-chain bridge tokens associated with the Multichain project across specified networks.
This suspension will remain in effect until further notice.
The decision to suspend support for these tokens...
Two Hatom Protocol modules going live on July 16
5.7.2023
Hatom recently announced the launch of its two modules on the mainnet. The protocol will release Liquid Staking and Lending Protocol modules on July 16. The event will take place only three days before the Public Sale ends. The protocol released an official tweet to inform users about...