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Dollar/Yen Trading Volume Surpasses Bitcoin on DeFi Platform Gains Network
26.10.2023
Gains Network, initially released on Polygon and later on Arbitrum, allows users to trade financial derivatives of cryptocurrencies, foreign exchange and commodities by matching buy-sell orders using smart contracts
Sui becomes the fastest-growing DeFi platform
20.10.2023
Sui has achieved significant numbers in just three months. These are in terms of total value locked (TVL) and volume. This has strengthened its growth as a DeFi platform. The TVL stands at 341% growth, while the volume has jumped by 229%. This has been termed a significant milestone for...
Real-World Asset Loan Worth $20M Sours on DeFi Platform Goldfinch, Bringing RWA Lending Under Scrutiny
10.10.2023
The development follows the default of a $5 million loan on Goldfinch made to an African robotaxi company
DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum
1.8.2023
Short term, fixed rate loans can now work in harmony with Aave and Compound's "ultimate liquidity" model
White Hat Hacker Recovers $5.4 Million For DeFi Platform Curve Finance Amid Recent Exploit
31.7.2023
An ethical hacker has recovered 2,879 ETH worth around $5.4 million for the decentralized finance (DeFi) protocol Curve Finance amid its recent hack losing over $47 million.
On July 30, the same day of the hack, it was reported that an ethical hacker seized some assets by front-running...
DeFi Platform EraLend on zkSync Loses $3.4 Million in Blockchain Exploit
26.7.2023
Decentralized finance (DeFi) protocol EraLend has lost $3.4 million worth of crypto in a so-called re-entrancy attack.
The attack, which happened on Tuesday, exploited a vulnerability that allowed the hacker to make multiple calls to a function within one single transaction, enabling the person...
Africa-Focused DeFi Platform Mara Releases Ethereum-Compatible Testnet
21.7.2023
Developers in Nigeria and across Africa can build and test their decentralized applications on the Optimism forked Mara Chain
US Authorities Accuse Former Security Engineer of Siphoning $9 Million From Defi Platform
13.7.2023
Authorities in the United States recently revealed that law enforcement has arrested Shakeeb Ahmed for “wire fraud and money laundering in connection with his attack on a decentralized cryptocurrency exchange.” The U.S. Attorney for the Southern District of New York suggested that...
DeFi Platform Arcadia Finance Falls Victim to $455K Hack on Ethereum and Optimism
11.7.2023
Arcadia Finance has joined the growing list of DeFi protocols to lose funds in hack exploitation. The hackers leveraged a code vulnerability to siphon about $455,000 from the protocol’s Ethereum and Optimism vaults.
Blockchain sleuth PeckShield alerted about Arcadia’s exploitation in a July...
Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum
28.6.2023
According to several reports, Chibi Finance, the decentralized finance (defi) platform built on top of Arbitrum, allegedly executed an exit scam on its users. Blockchain intelligence firm Peckshield provided a detailed account, revealing that approximately $1 million worth of cryptocurrency assets...
DeFi Platform EigenLayer Rolls Out Restaking Protocol on Ethereum Mainnet
14.6.2023
Seattle-based decentralized finance (DeFi) platform EigenLayer has deployed its restaking protocol on the Ethereum mainnet, according to a press release
Sturdy Finance Falls Victim to Exploit, Losing 442 ETH in Latest Defi Hack
12.6.2023
Decentralized finance (defi) platform Sturdy Finance was exploited on Sunday evening, losing 442 ether to an attacker. The team behind the project stated that it is aware of the reported exploit and paused markets at 10:19 p.m. ET. 442 Ethereum Worth Over $766K Siphoned From Sturdy Protocol...
US federal court dismisses lawsuit against DeFi platform PoolTogether
8.6.2023
The DeFi community funded the protocol's legal defense through a $1.4 million nonfungible token sale back in 2022
Largest Russian Bank Sberbank Opens Developer Access to in-House Defi Platform
2.6.2023
Sberbank, the largest bank in the Russian Federation, announced that it opened access to its in-house decentralized finance (defi) platform to allow developers to test its capabilities. Reports indicate that Sberbank’s Comunity, the Ethereum-based blockchain decentralized finance solution...
Olive-Oil Producer Issues First Euro-Stablecoin-Denominated Bond on Obligate’s DeFi Platform
1.6.2023
The debt sale was the first of its kind for the French sustainable agriculture business
Harvest 3 Reveals Next Gen Yield Farming Platform, Featuring Support for Verse DEX by Bitcoin․com
23.5.2023
PRESS RELEASE. Harvest Finance, a leading DeFi platform since mid-2020, is thrilled to announce the launch of its latest product offering, Harvest 3. This platform update introduces a suite of new features and an improved user experience, including the expansion of yield farming opportunities with...
we2net Gains Strong Traction in Korea with 200+ LP Holders and $760k Initial Liquidity
11.4.2023
PRESS RELEASE. we2net, a new DeFi platform that aims to bridge the gap between centralized and decentralized finance, has gained strong traction in Korea with over 230+ LP holders and nearly $760k in initial liquidity within just three weeks of launching its offline development efforts. According...
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
DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August
29.3.2023
Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama
Fixed Income DeFi Platform Term Finance Readies for Business
28.2.2023
Term Labs, the platform's builder, raised a $2.5 million seed round led by Electric Capital with participation from Coinbase Ventures, Circle Ventures and others