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The Best Possible Integration of Friktion, Orca, and Lido
12.7.2022
Ultimate integrates with Friktion Finance, a leading automated option protocol on the SOL blockchain ecosystem. This integration will allow Ultimate users to benefit from automated covered call selling strategies and attractive returns in downward or sideways trending markets. The complexities...
Gnox Is the DeFi Token That BSC Whales Are Dip Buying Faster Than Pancakeswap, Biswap, & Binance Coin
12.7.2022
A Blockchain is a public database that is open and accessible to everyone. This new wave of transparency means that every transaction on a Blockchain is recorded and can be seen by all. And during these periods of market decline, investors can follow whale wallets to see what they are buying. This...
Athos Finance Enters an IDO/DEX Partnership with StellaSwap
11.7.2022
Athos Finance recently announced a partnership with StellaSwap. The collaboration will revolve around the launch of an IDO and DEX. With the development, Athos Finance is directly hinting towards releasing its native token, $ATH. The collaboration will see both teams working closely to bring their...
Aztec Network Launching First-Ever DeFi Solution for Ethereum
8.7.2022
Aztec Network recently announced launching the first-ever private solution on the Ethereum network. With the development, Aztec Connect went live on the mainnet to facilitate private DeFi on Ethereum. Using Layer 1 DeFi liquidity and complete privacy, Aztec will allow users to access alternative...
Aave Summoning GHOsts With a New Native Stablecoin Proposal
8.7.2022
Popular decentralized finance (DeFi) protocol Aave (AAVE) has proposed to the decentralized autonomous organization (DAO) the introduction of a native, decentralized, fully collateral-backed, USD-pegged stablecoin on the Ethereum (ETH) mainnet – dubbed GHO.
“Calling all GHOsts,” said Aave...
Crema Finance Hacker Takes USD 1.7M in Bounty, Returns USD 8M
7.7.2022
The hacker who exploited Crema Finance, a concentrated liquidity protocol built on the Solana (SOL) blockchain, has reached a compromise with the decentralized finance (DeFi) protocol to return the majority of stolen funds while keeping some as compensation.
The team announced today that "after...
Equilibrium Announces Integration With Polygon
7.7.2022
Equilibrium published a blog post to announce that it has integrated Polygon in a bid to offer its cross-chain DeFi solutions to the users and projects of Polygon. The partnership includes Equilibrium opening the doors of the advantages and innovations of its DeFi 2.0 platform to Polygon users....
DeFi is ‘Designed to Avoid This Bullshit,’ Compound Founder Says About Crypto Bailouts
6.7.2022
Decentralized finance (DeFi) protocols “don’t need to get bailed out,” and were “designed specifically to avoid this bullshit,” the founder of DeFi protocol Compound (COMP), Robert Leshner, has said.
Discussing the troubles currently faced by centralized crypto lenders like Celsius (CEL), Voyager...
Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021
6.7.2022
Hackers and fraudsters stole a total of USD 670.7m from various crypto protocols during the second quarter of the year, according to a report by major bug bounty and security services platform Immunifi....
Read More: Hackers Stole USD 670M from DeFi Projects in Q2, Up by 50% from Q2 2021
HourGlass Secures Decentralized Bonds with Chainlink Price Feeds
6.7.2022
HourGlass announced that it has integrated Chainlink Price Feeds on the Ethereum mainnet. It will help the platform secure its decentralized convertible bonds issued by the FORTH DAO. HourGlass has gained access to high-quality and tamper-proof price feeds that will help price the buttonFORTH...
Solace Portfolio Insurance Going Live in the Aurora Ecosystem
5.7.2022
Solace Portfolio Insurance recently went live on the Aurora network, and the platform will now provide its decentralized insurance solutions to Aurora users. In addition, Aurora users can securely explore decentralized finance. SPI (Solace Portfolio Insurance) is the first-of-its-kind DeFi...
Could Tron (TRX) and RoboApe (RBA) Potentially Explode In 2022
4.7.2022
Even though forecasts of the digital finance market’s demise have been considerably overblown, almost everyone from long-time investors like Elon Musk to the average citizen is probably considering putting their money in crypto. The cryptocurrency market is still expanding and has made great...
Crypto Selloff Proves Computer Code Leads To ‘Better Outcome’ Than Human Discretion - Arthur Hayes
1.7.2022
Pure decentralized finance (DeFi) protocols have fared far better than the more centralized crypto lending and borrowing companies during this bear market. This proves that computer code and transparent standards give “a better outcome,” crypto essayist and former BitMEX CEO Arthur Hayes...
DeFi Protocol KLAP Emerges as Klaytn’s 2nd Biggest Offering in Less than a Week
1.7.2022
A new DeFi protocol is in town, attracting millions of dollars worth of crypto assets within days of its launch. KLAP, which stands for Klaytn Lending Application, is a new offering on the Klaytn blockchain that has grabbed more than $79.3 million in total value locked within a week of its launch. ...
EMDX And Chainlink Price Feeds Join Hands To Secure Crypto Perpetual Swaps
1.7.2022
EMDX has integrated Chainlink Price Feeds to secure its crypto perpetual swap. The oracle network now offers EMDX access to high-quality and tamper-proof price feeds. Chainlink Price Feeds covered in the initial phase of the integration are AVAX/USDC, BTC/USDC, and ETH/USDC. EMDX needed access...
CVI Takes Aim At Bancor’s ‘Flawed’ Impermanent Loss Protection
28.6.2022
The Bancor protocol has come under attack from rival DeFi platform Crypto Volatility Index (CVI) following its widely publicized decision to temporarily pause its impermanent loss insurance program due to what it said were “hostile market conditions”. Shahaf Bar-Geffen, the CEO...
DeFi Never Sleeps: How Investors Are Generating Massive Returns Through Yield Farming Protocols Such As Gnox, Pancakeswap, & Curve?
27.6.2022
Decentralized finance has earned a unique reputation across the crypto market for its yield-generating capacity is way higher than any traditional financial tool. No bonds, no stocks, or certificates of deposits can match the returns you get with yield farming protocols. For the uninitiated, yield...
XCarnival Hacker Accepts ETH 1,500 Bounty and Returns Remaining ETH 1,467
27.6.2022
The hacker of XCarnival, a lending aggregator for metaverse assets, has accepted a bounty of ETH 1,500 (USD 1.85m) in exchange for the return of the remaining ETH 1,467 (USD 1.8m) and the team not pursuing legal actions.
Etherscan transactions show that the hacker has already sent ETH 1,467...
Central Bankers' Attack on Crypto is ‘a Legacy Vision’, Failure to Recognize ‘Revolutionary Benefits’ of DeFi - Analysts
23.6.2022
As the Bank for International Settlements’ (BIS), also known as "the central bank of central banks," tried to monopolize trust in money with its new report this week, analysts stress that it simply represents “a legacy vision” that brings a number of new risks, and the BIS fails to recognize...
YOP Finance Uses Chainlink Price Feeds for Price Displays
23.6.2022
YOP Finance recently announced integrating Chainlink Price Feeds to access precise, decentralized on-chain data. The integration will help the yield aggregator propose better price display conversions and secure vault strategies. YOP Finance’s current objective is to simplify DeFi yield for...