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In 22 Days, Liquid Staking Platforms Witness a 340,000 ETH Decline
2.4.2024
According to the most recent data, within the last 22 days, the volume of staked ether locked across various liquid staking derivative token platforms has seen a decline of 2.45%. This downward trend was observed across 27 unique platforms, culminating in a reduction of 340,000 ETH, valued...
DeFi Protocol Cega's New Options Product Marries Gold, Ether to Offer Up to 83% Yield
2.4.2024
The new offering called "Gold Rush" offers a trifecta of decent return, market exposure and protection from losses
MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe
2.4.2024
MakerDAO evaluates a proposal to allocate $600 million of its DAI stablecoin into Ethena Labs' USDe and staked counterpart sUSDe to enhance liquidity and financial resilience.
The post MakerDAO Considers $600 Million DAI Allocation into USDe and sUSDe appeared first on Cryptonews
Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?
1.4.2024
Crypto theft plummeted by 48% in March, with malicious actors stealing $79M from DeFi projects, down from $160M in February. Flash loan attacks, phishing scams, and targeted exploits contributed to the losses.
The post Crypto Theft Plummets by 48% in March — Are Crypto Assets Getting Safer?...
$336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield
1.4.2024
According to PeckShield's data, approximately $100 million in stolen digital assets from hacking incidents in March have been successfully recovered.
The post $336.3 Million In Crypto Funds Stolen In Q1, $98.8 Million Recovered from March Hacks: PeckShield appeared first on Cryptonews
The Ronin Guild gets positioned live on Guild.xyz
1.4.2024
Ronin Guild gets positioned live on Guild.xyz, which is a no-code platform that allows guilds to exist and grow, surrounding multiple off-chain and on-chain features. The incorporation provides the option for developers on Ronin to reward their community depending on every member’s involvement....
Composable Data Assists Dapp Developers in Unlocking Rich Data Applications – Swaroop Hegde
1.4.2024
Composable data, a flexible and modular approach in the field of data analytics, benefits decentralized application (dapp) developers constrained by the limitations of current data protocols. Swaroop Hegde, co-founder of Powerloom, explains that composable data maintains a decentralized database...
Defi Platforms Lose More Than $336 Million in Digital Funds in Q1 of 2024, Study Finds
1.4.2024
In the first quarter of 2024, more than $336 million in digital assets were stolen from decentralized finance platforms across 61 incidents of hacking and fraud. During this period, criminals made off with digital assets valued at $144.48 million in two major hacking incidents. In contrast...
Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable
1.4.2024
Prisma Finance addresses the recent security breach of $11.6 million with a recovery strategy and measures aimed at protecting $540,000 in user funds still vulnerable.
The post Prisma Finance Works Toward Exploit Recovery, $540K Vulnerable appeared first on Cryptonews
Ethena Details ENA Airdrop for Shard Holders, Announces Bitcoin Sats Campaign
30.3.2024
Ethena, the protocol for the synthetic crypto native dollar, has announced an airdrop of its governance token, ENA, for participants in its shard campaign. The platform has stated that after a 6-week shard operation, 750 million ENA (which is 5% of the total supply) will be airdropped, with...
Solana Price Prediction as SOL Approaches $200 Level – Can SOL Reach $1,000 This Year?
29.3.2024
Solana's surge to nearly $200, driven by DeFi and meme coin buzz, showcases its potential. Can SOL's robust ecosystem push it to $1,000 this year?
The post Solana Price Prediction as SOL Approaches $200 Level – Can SOL Reach $1,000 This Year? appeared first on Cryptonews
Dominic Williams, Founder of DFINTIY, on Decentralized AI, AI Dapps, Hosting AI Models on the Blockchain, and Multichain DeFi | Ep. 321
29.3.2024
Dominic Williams, the Founder of DFINTIY Foundation, a major contributor to Internet Computer, discusses the future of AI, its ‘perfect partnership’ with smart contracts and blockchain, how AI can help average Joe and Jane perform complex trades with verbal instructions, the difference between...
Prisma Finance is up against the siphoning of $12 million
29.3.2024
Prisma Finance, a DeFi protocol that releases stablecoins supported by Ethereum liquid staking and re-staking tokens (LRTs), loses $12 million through a cyber attack. Initially noticed by Cyvers, a company in the field of blockchain safety, the hackers were able to empty the amount of 3,258...
Ocean Protocol discusses Superintelligence Alliance’s impact on DF and veOCEAN
29.3.2024
Ocean Protocol has explained how things will be rolled out after other partners of Superintelligence Alliance have concluded their respective ‘yes’ or ‘no’ votes. The outcome of their mechanism will majorly affect three aspects, namely Passive DF, Volume DF, and veOCEAN, with DF being an acronym...
LiNEAR Protocol brings in omnichain liquid staking
29.3.2024
LiNEAR brings into the picture omnichain liquid restaking with the first purpose of taking forward NEAR’s chain abstraction. LiNEAR is a leader in DeFi protocols on NEAR and has the maximum TVL. It intends to improve the safety aspects of NEAR’s chain abstracted network via staking....
Swapr integrates OpenOcean to boost DeFi capabilities
29.3.2024
It is a matter of great pride for Swapr as the widest-reaching aggregator will be integrated into Swapr. The creative folks at Swapr are excited to welcome OpenOcean into the Swapr. Integrating a prominent DeFi aggregator into the trading platform is a tremendous achievement for Swapr. It is...
Shiba Inu (SHIB) & Litecoin (LTC) investors enraptured by Kelexo’s (KLXO) plan to transform lending, eyeing a rivalry with Aave (AAVE)
29.3.2024
As a result of innovativeness and stiff competition, the ever-changing crypto world is pushing its evolving DeFi platforms. Among them, Kelexo (KLXO) stands at a crossroads to initiate the journey by taking on big players like Aave (AAVE) to redefine how people lend. Before the crypto community...
Developing Several Layer-2 Solutions: ‘The Real Solution’ to Ethereum’s Scalability Issue, Says Ken Timsit
29.3.2024
The recent surge in Ethereum gas fees can be attributed to the rise in decentralized finance (defi) activity and the growing popularity of layer 2 (L2) chains such as Arbitrum and Optimism, Ken Timsit, managing director of Cronos Labs, has said. Timsit however agreed that the recent Dencun upgrade...
LendFi Revolutionizes DeFi Landscape With Comprehensive App Launch
29.3.2024
PRESS RELEASE. In an exhilarating development for the decentralized finance (DeFi) community, LendFi announces the launch of its innovative app, now available for download on both the iOS Store and Google PlayStore. This groundbreaking app introduces a suite of utility features designed to enhance...
Prisma Finance Suffers $11 Million Hack Involving FixedFloat Exchange
28.3.2024
Prisma Finance, a leading decentralized finance (DeFi) protocol, was the victim of a sophisticated hack involving FixedFloat, which resulted in a loss of $9 million.
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