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U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money
6.4.2023
The Treasury's first analysis of illicit finance risks associated with DeFi recommends the U.S. look at enhancements to its existing anti-money laundering regime
ApeSwap announces the release of ApeSwap V3
6.4.2023
ApeSwap has taken this opportunity to officially announce the release of ApeSwap V3. This makes use of the most recent industry benchmark strategy for focused liquidity. The scalability will provide advantages for both ApeSwap and its connected users in the form of a higher level of capital...
Crypto security audits and bug bounties are broken: Here’s how to fix them
6.4.2023
Are crypto auditing incentives designed to make the client happy rather than deliver bad news? What happens if you don’t pay out bug bounties?
M11 Credit Restarts Crypto Lending on Maple Finance After FTX Fallout – Here's What You Need to Know
6.4.2023
Blockchain-based financing firm M11 Credit has resumed crypto lending on the decentralized credit marketplace Maple Finance.
The news of the resumption of service was announced in a Twitter thread from M11 Credit on Wednesday, where the firm also said it had upgraded its underwriting...
High Ether Yields Drive $50M to DeFi Protocol Pendle Finance
6.4.2023
The total locked value of assets on the platform has risen over 300% since the start of this year, DeFiLlama data shows
Arbitrum poses new governance proposals after community furor
6.4.2023
The Arbitrum Foundation has made a couple of new governance proposals following the fracas that occurred over its original
Ethereum price turns bullish ahead of next week’s Shanghai and Capella upgrade
5.4.2023
Ethereum price found news bullish momentum as traders gear up for next week’s major network upgrade
MEV Blocker Wants to Help You Outrun the Front-Runners
5.4.2023
Builders behind the new utility say it will help Ethereum users avoid the scourge of MEV and earn a profit, to boot
Next Generation DeFi Platform M^ZERO Emerges from Stealth with $22.5M Funding Round
5.4.2023
The initial round was led by Pantera Capital, and included the Scaramucci family-linked SALT Fund, and Mouro Capital, the venture capital connected to the Santander Group
BNB Chain and Ethereum begin hosting PancakeSwap V3
5.4.2023
Per the announcement by PancakeSwap, a decentralized exchange platform, V3 is now live on BNB Chain and Ethereum, with better improvements in comparison to V2. To start with, PancakeSwap V3 offers higher efficiency and flexibility in setting the fee structure for its users. Trading fees have been...
Developers Fork Uniswap V3, Protocol Attracts $123M in Total Value Locked
5.4.2023
Decentralized exchange (DEX) Uniswap has been forked by developers after its Business Source License (BSL) expired on April 1
‘Over-Collateralization Can Help Mitigate the Risk of Stablecoin Depegging’ — Pendulum CTO
5.4.2023
Despite being touted as a game-changing innovation, the decentralized finance (defi) ecosystem is still not connected to fiat rails largely because of regulatory and compliance issues, Torsten Stuber, the CTO at Pendulum says. According to Stuber, the defi ecosystem will succeed in getting more...
LayerZero Labs manage to obtain $3B in funding
5.4.2023
LayerZero Labs has successfully managed to collect an amount to the tune of $3 billion. This was duly obtained through a Series B funding round. In order to remain in sync with its plans for the future, this amount will be duly utilized for the onboarding of a fresh lot of employees, along with...
Deposits to zkSync surpass $110M as its DeFi ecosystem explodes
4.4.2023
Crypto traders are actively investing in projects launching on zkSync as the hype around its potential governance token airdrop increases
Real-World Tokenization Is Surging as TradFi Grows More Receptive to Blockchain
4.4.2023
A number of banks and other big brands are turning to RWA in the form of digital tokens on the blockchain as they look to bring more efficiency to transactions. Industry watchers say the trend will grow
DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round
4.4.2023
The startup will launch its testnet and stablecoin this summer
S&P Global Puts Decentralized Finance at the Forefront with New DeFi Director Hire – Crypto Going Mainstream?
4.4.2023
S&P Global is on the hunt for a DeFi director to oversee its expansion into the rapidly evolving decentralized finance sector.
According to a Monday job posting on LinkedIn, the giant financial information and analytics company is hiring for a DeFi director to spearhead its expansion into...
Arbitrum’s dream to decentralize goes down the drain
4.4.2023
Arbitrum’s efforts to hand over control to its community have not gone the way it wanted them to. Thus, efforts have been wasted due to critics’ harsh criticism of its first-ever governance proposal. Several critics called the procedure a “Sham Vote,” arguing that it was nothing...
OPNX Exchange, Which Offers FTX Claims Trading, Led by Three Arrows Founders is Now Live
4.4.2023
Users can get a 50% discount on trading fees if they hold FLEX tokens
Polytrade raises $3.8 million to expand international trade
4.4.2023
Polytrade, a Web3 protocol for worldwide commerce, has successfully raised $3.8 million. This was made possible through a seed fundraising round in which Alpha Wave, as well as Matrix Companions, CoinSwitch Ventures, and Polygon Ventures took an active role and made considerable contributions....