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Blockchain indexer The Graph says adoption is still strong two years after mainnet launch
15.12.2022
More than 10,000 delegators have since joined the blockchain indexing network
Relying on Centralized Databases Makes Dapps Vulnerable to Data Tampering Says Nate Holiday
15.12.2022
Decentralized applications (dapps) are prone to data tampering because they “are largely built on top of centralized databases and services,” the CEO of Space and Time Nate Holiday has said. The CEO also shared a list of data tampering risks which he said are specific to data...
Today in Crypto: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial System
14.12.2022
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: Tether to Reduce Secured Loans in Reserves to Zero, Compound DAO Sued, Australia Modernizing Its Financial...
As DEXs struggle, new approaches kindle hope
14.12.2022
Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
13.12.2022
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects
Today in Crypto: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber, Serena Williams...)
13.12.2022
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: Binance Introduces 'Pay', Law Firm Announces Lawsuits Against Yuga Labs (and Kevin Hart, Justin Bieber...
Ledger hardware wallet adds DeFi tracking feature
13.12.2022
The Ledger Live app, which pairs with Ledger hardware wallets, integrated a new DeFi tracking feature to monitor performance analytics of over 1,000 protocols
DeFi Infrastructure Provider Sooho.io Raises $4.5M for Bridging Blockchains
13.12.2022
The South Korean company intends to use the funds to develop a range of blockchain tools for building decentralized finance applications that link the country's independent crypto networks
Panther Completes the Decentralized Launch of Its Protocol’s v0․5, a DAO-Led Effort
13.12.2022
PRESS RELEASE. Panther, a cross-chain application that will allow retail users as well as institutions to access DeFi privately and compliantly, has launched its v0.5. This was achieved by the protocol’s community in conjunction with Panther Ventures Limited, a Web3 development company destined...
Lodestar Finance loses $6.9 million to an attacker’s manipulation on GLPOrcale
13.12.2022
Lodestar Finance, one of the best Money Markets in the industry at the moment, has lost nearly $6.9 million funds to an oracle exploit. The hacker has drained all the deposits, forcing the platform to set its interest rate to zero. Negotiations are underway by the platform. Until then, the zero...
DeFi Yield Protocol Rebrands as Dypius to Help Users Embrace Metaverse Opportunities
12.12.2022
PRESS RELEASE. Bucharest, Romania,12/12/22, Chainwire: After experiencing success in the crypto space, DeFi Yield Protocol announces a complete rebranding to Dypius. The experienced team conducted several months’ worth of research to come up with the best way to represent what they had evolved into...
Adoption of DeFi, ZK Tech, NFTs and More Will Continue to Increase in 2023
12.12.2022
The crises of the past year obscured genuine growth in promising crypto industries, writes Pantera Capital General Partner Paul Veradittakit. Expanding on these themes will drive growth in the coming year
Decentralized Finance Protocols Flounder as Value Locked in Defi Shed More Than 25% Since FTX Collapsed
12.12.2022
On December 12, 2022, the total value locked (TVL) in decentralized finance (defi) has been range bound after falling 25.5% from $55.94 billion on Nov. 5, to today’s $41.67 billion. Moreover, during the past 12 months, the TVL in defi dropped 82.56% from roughly $239 billion in Dec. 2021,...
This DeFi Protocol Just Got Hacked for $6.9 Million – Here’s What Happened
12.12.2022
Lodestar Finance, a DeFi protocol built on Ethereum’s Arbitrum network, lost $6.9m in an exploit over the weekend where an attacker was able to manipulate a price oracle.
In a statement published on Sunday, the team behind Lodestar admitted that the hack has created “a bad situation” and that...
UniLend allows one to go long or short on one’s favorite world cup team
12.12.2022
World Cup tokens by UniLend are aimed at boosting the adoption of DeFi, especially in the sense of lending and borrowing tokens within the community. Blockchain technology has been used in the world of FIFA. The FIFA World Cup fever has gripped everyone, with no sector remaining on the outside...
Industry execs voice confidence in DeFi adoption despite security flaws
12.12.2022
1inch Network co-founder Anton Bukov believes that recent events in the centralized finance space have highlighted the importance of DeFi
Hacker Steals $6.9 Million From Arbitrum-Based Defi Protocol Lodestar Finance
11.12.2022
Arbitrum-based lending platform Lodestar Finance was exploited on Dec. 10, 2022, according to a tweet from the project’s Twitter account on Saturday. Community reports detail that Lodestar lost roughly $6.9 million from the vulnerability. Lodestar Finance Loses $6.9 Million in an Exploit,...
Oryen Network shows DeFi interest still alive after large volume of BUSD and USDC come in for presale tokens
11.12.2022
As the widespread adoption of cryptocurrency tokens soars, other strong contenders using different technologies are making their way into the crypto ring. One of the most notable crypto projects today is Oryen (ORY). Oryen’s presale success has shown that there is still lots of DeFi interest...
Looking at DeFi's Untapped Potential
11.12.2022
Gwendolyn Regina is Investment Director at BNB Chain.__________
Decentralized finance (DeFi) is the largest and most innovative crypto vertical in the last two years. DeFi has used smart contract platforms as a base to develop a network of interconnected layers for decentralized financial...
A year after Taproot, Bitcoin community works to unlock its DeFi potential
9.12.2022
Smart contracts functionalities on the Bitcoin network could boost adoption and provide additional liquidity to DeFi