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Prisma Finance Suffers $11.6M Hack in Liquid Staking Shockwave, Moves to Mitigate Fallout
28.3.2024
The decentralized finance (defi) entity, Prisma Finance, has fallen prey to a security breach, with onchain detectives revealing that $11.6 million has been pilfered from its liquid staking protocol. Prisma Finance in Turmoil: $11.6M Lost to Hackers, Emergency Measures Activated On a recent...
TruFin partners with Laser Digital to launch institutional-focused Polygon Adoption Fund
28.3.2024
Nomura’s digital asset subsidiary, Laser Digital, is partnering with WebN-incubated blockchain technology TruFin to start a new business. By launching the Laser Digital Polygon Adoption Fund (“Fund”), this effort uses Polygon’s Aggregation Layer (AggLayer) to convert...
The fascinating journey of Linea Voyage: A novel Era of DeFi engagement
28.3.2024
Linea has witnessed splendid growth in the previous years, and its vibrant community is accountable for this massive growth. Thousands of users connected through Linea Voyage to decentralized applications or dapps in their ecosystem. The world is moving towards transformative decentralization...
‘Build on Bitcoin’ Startup Secures $10M in Seed Funding to Advance Hybrid L2
28.3.2024
The layer-two (L2) initiative BOB, an acronym for ‘Build on Bitcoin,’ successfully secured $10 million during its seed funding round, led by Castle Island Ventures. The financial boost is set to advance the deployment of a Bitcoin L2 that is compatible with the Ethereum Virtual...
Ethena, a $1.3B Yield-Earning Protocol, to Debut Governance Token Next Week
27.3.2024
The DeFi protocol, which generates yield from ether derivative funding rates, is set to airdrop 750 million ENA tokens, 5% of the total supply, on April 2
OKX API Failure Causes Account Balance Confusion, Thousands of Users Affected
27.3.2024
The OKX API has hit a snag, causing account balance chaos for users in Singapore, Japan, and the US. The Rest API crash has led to errors, incorrect data, and failed trades. OKX assures users of asset safety, but the glitch has impacted the OKB token value. Read on for more details and recent...
Ether.Fi's ETHFI Jumps 50% to Record, May Boost Valuations for Liquid Restaking Token Airdrops: Analyst
27.3.2024
The performance of EtherFi's token could lift valuations of other restaking platforms ahead of their airdrops, one analyst noted
Hopes for Another DeFi Summer Soar as TradFi Markets Suddenly Look Less Appealing
27.3.2024
Since the approval of spot bitcoin ETFs in January, DeFi looks ascendant, triggering memories of 2020, aka DeFi Summer, when the space bustled with activity
Hedera Network: Powering DeFi with speed, security, and global governance
27.3.2024
Provides an optimized Besu EVM for smart contracts. Offers a native tokenization service and a high-throughput data writing and verification service. The Hashgraph Consensus Algorithm offers impressive capabilities regarding high throughput, fair ordering, and low-latency consensus. It...
Badger launches 0% interest Bitcoin lending with eBTC
27.3.2024
Badger Finance has announced the launch of the Bitcoin lending protocol – eBTC. It comes with the offering of 0% interest and has been launched effective March 26, 2024. The mechanism leverages stETH by Lido. It enables users to borrow a yield-bearing Bitcoin-pegged stablecoin using ETH...
Chateau debuts on Arbitrum One: A new era begins
27.3.2024
The Chateau Capital team is excited to announce the launch of the Chateau app on Arbitrum One Network, which is considered a significant milestone in opening investments to the global arena. Investors worldwide are now allowed to venture through and invest in the leading product of Chateau, Chateau...
OpenZeppelin forms an exclusive collaboration with Chainlink Labs
27.3.2024
OpenZepplin forges an exclusive collaboration with Chainlink Labs to encourage a more secure and reliable blockchain arena. Through collaboration, the Chainlink BUILD program will be totally backed by the Chainlink BUILD program, which encourages upcoming startups and speeds up the overall growth...
Near makes DeFi across chains a reality with Chain Signatures
27.3.2024
Near Foundation has released Chain Signatures, a protocol that will allow users to put their signatures on transactions carried out on intermediary blockchains. This will be made possible from a sole Near account. As per a spokesperson representing Near, currently, Chain Signatures has been...
Dash announces partnership with DeFi Nation
27.3.2024
Dash has announced a significant partnership with DeFi Nation. This allows Dash to extend its reach into the real world irrespective of the geographical location of the user. Dash has chosen DeFi Nation because it respects users’ privacy. It provides a seamless experience by eliminating...
Socialfi Expands Satoshi Nakamoto’s Vision of a Defi System to Social Media, Says Kevin Lu
27.3.2024
According to Kevin Lu, social finance, or “socialfi” — a combination of social media and decentralized finance — is an innovation that extends Satoshi Nakamoto’s vision of a decentralized financial system to social media. Although it’s not intended to replace today’s traditional social...
Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today
27.3.2024
Hashdex Asset Management and Tidal Investments spot Bitcoin exchange traded fund (ETF) will begin trading later today in the U.S. under the ticker symbol DEFI.
The post Hashdex, Tidal’s Spot Bitcoin ETF to Begin Trading Today appeared first on Cryptonews
Badgerdao Introduces a New Ether-Backed Synthetic Bitcoin Token
26.3.2024
Badgerdao, in partnership with Lido, has unveiled eBTC, an ether-backed synthetic bitcoin token aimed at enhancing the decentralization and capital efficiency of borrowing bitcoin in the decentralized finance (defi) space. Badgerdao and Lido Forge Partnership to Launch eBTC Badgerdao,...
Memecoins are making a move from Solana to Base: $64.1 billion market cap
26.3.2024
15 out of 20 coins have shown significant transaction volume on Base, with a 7.1% increase in market capitalization in the last 24 hours. Top 5 performing memecoins on Base include BRETT, TOSHI, DEGEN, and Mochi. Since the latest Dencun update on the Ethereum network, Base has grown in popularity...
Revolutionizing Sui: Inspect’s leap in blockchain innovation
26.3.2024
In an exciting, significant decision aimed at revamping the Sui ecosystem, a leading tech firm has declared its ambition to take the primary position of data provider for the Sui Network. This collaborative venture ushered in the creation of a purpose-built platform with its creation mission to...
Beba and Defi Education Fund Sue the SEC Over Its Airdrop Policies
26.3.2024
Texas apparel company Beba and the Defi Education Fund (DEF) have announced a legal complaint against the U.S. SEC. They allege that the SEC has violated Administrative Procedure Act procedures by adopting an encompassing crypto policy without an official rulemaking process. Additionally,...