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Suilend exits beta phase, achieving significant milestones in blockchain development
9.4.2024
Suilend, a cutting-edge blockchain project, has officially emerged from its beta phase, marking a significant milestone in its journey towards revolutionizing decentralized technology. The public can now access Suilend, the ground-breaking lending protocol created by the Solend team, as it...
Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign
9.4.2024
Union Labs collaborates with Lava to launch an incentivized public RPC campaign, offering $100,000 in token rewards to encourage community participation and network growth.
The post Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign appeared first on Cryptonews
Crypto Trader Eisenberg's $110M Fraud Trial to Put DeFi Under Microscope
9.4.2024
The two-week trial will test the government's strategy of portraying complex crypto trades as simple fraud
dYdX Investigates Block Production Halt During Scheduled Upgrade
8.4.2024
dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report.
The post dYdX Investigates Block Production Halt During Scheduled Upgrade...
DeFi Firm 1inch Introduces Web3 Debit Card in Partnership With Mastercard and Baanx
8.4.2024
Chainlink and Aave to continue collaborating for GHO
8.4.2024
Chainlink and Aave Labs have expressed their commitment to collaborate in the future to further GHO, a decentralized and overcollateralized stablecoin that is native to the Aave Protocol. The objective is to boost stablecoin and DeFi, making the system accessible and empowering users from regions...
LILLIUS integrates xAsset Bridge to transform cross-chain operations
8.4.2024
LILLIUS, a prominent decentralized finance (DeFi) platform, has announced a groundbreaking partnership with xAsset Bridge, facilitating seamless interoperability between the Cronos and Polygon networks. This strategic integration marks a significant milestone in the evolution of decentralized...
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million
7.4.2024
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue to “a problem with the maintainer bot and the recent update of rent-exempt terms for Solana...
Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe
6.4.2024
Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access...
Recent Aave DAO move on MakerDAO fuels DeFi ‘walled gardens’ concerns
5.4.2024
In the recent wake of Web3 adoption, two competitors have found themselves in a squabble in the aftermath of Web3 adoption. Gauntlet, AAVE’s market risk manager, was also caught side-hustling with MakerDAO, AAVE’s direct competitor. Gauntlet’s exit from Aave caused further...
BlockDAG’s $13.3m presale spearheads blockchain innovation with v2 whitepaper, elevating Chainlink and BitTorrent in the DeFi evolution
5.4.2024
The unveiling of BlockDAG’s second whitepaper marks a pivotal moment in decentralized network development. This document lays the groundwork for a transformative approach by blending the robustness of conventional blockchain frameworks with the agility and scalability of Directed Acyclic Graphs...
Razor Network now accessible on the Moonbeam Network
5.4.2024
The Razor network is now accessible on Moonbeam Network, a base for cross-chain-linked applications that combine assets and functions about multiple blockchains. It helps to improve the builder exposure by uniting total Etereum adaptability with the potential of Polkadot. This involves...
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
Xuirin Finance Set to Revolutionize DeFi With KYC-Free Debit Cards, P2P Lending and Much More
5.4.2024
Looking to get involved with a platform that can change the face of decentralized finance forever? Xuirin Finance is revolutionizing the DeFi landscape through its innovative offerings like KYC-free debit cards, P2P lending, and so much more. Supporters can take part in the first stage of...
Learn why Octoblock cFyF tech is changing the way AVAX users look at DeFi
5.4.2024
With the Avalanche (AVAX) price having a month of stark contrasts, Octoblock (OCTO) is positioned to change its user’s view of DeFi with its innovative cFyF technology. What is DeFi? Decentralized Finance (DeFi) is a financial ecosystem built on blockchain technology aiming to recreate...
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
The post Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion appeared first on Cryptonews
Magpie integrates zkSync to overcome DeFi hurdles and lower Ethereum fees
4.4.2024
zkSync addresses the hurdles that come with DeFi, such as upgrading Ethereum, along with its high fees for swaps and staking and unstaking. In the case of swaps, it is between $40 and $60, whereas for staking and unstaking, it reaches more than $200. For DeFi’s overall standing, these...
Is It Too Late to Buy Ethena? ENA Price Soars After Binance Listing and This Other Coin is About to List on Exchanges
4.4.2024
The newly-listed Ethena token (ENA) has surged 13% in 24 hours and 53% overall since listing on Binance on Tuesday. ENA is a governance token for Ethena’s decentralized finance (DeFi) protocol. The protocol’s yield-earning dollar-pegged stablecoin USDe offers a staggering 35% APY....
Credbull's First Crypto Fund Chases High Fixed Yields
4.4.2024
Crypto's high yield structured product sector is getting a bit more mature
Wormhole’s W Token Is Paying Out 999% a Week on Solana Protocol Kamino
4.4.2024
The Solana DeFi application Kamino is offering a weekly yield of more than 999%, paid out in W and JTO tokens