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Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi
29.2.2024
"2024 will likely witness the most substantial losses in Web3 ever in terms of volume of funds," Jonah Michaels, Comms Lead at Immunefi, told Cryptonews.
The post Web3 Lost Over $200 Million to Hackers in Two Months of 2024, More to Come – Immunefi appeared first on Cryptonews
Community-Driven Ecosystem Accelerators ‘A Vital Component of Crypto Funding Mechanisms’ – Elie Le Rest
29.2.2024
Large institutions will fully embrace decentralized finance (defi) only when they are confident that their trade counterparties will comply with sanctions and other international laws, argues Elie Le Rest, CEO of Colony Lab. However, Le Rest, also an angel investor, said trade counterparties...
RACA and USM are forging collaborations with DeFi projects
29.2.2024
The Bank for International Settlements (BIS) recently came out with a statement that spoke of the upsetting abilities of metaverse platforms like USM in the financial space. USM is the core metaverse on the BNB Chain, having more than 1 million users and a large number of monthly users. To date,...
Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract
29.2.2024
The token for the layer-1 blockchain Shido has plunged 85% after the project's Ethereum-based staking contract fell victim to an exploit.
The post Shido Token Plummets 85% Following Exploit on Ethereum Staking Contract appeared first on Cryptonews
CoinGecko API Expands On-Chain Data DEX Coverage to 2.2M Tokens Across 2.5M Liquidity Pools
28.2.2024
CoinGecko's new API provides real-time on-chain data for 2.2 million digital tokens across 2.5 million DeFi liquidity pools. The API covers 900 DEX platforms spread across 120 blockchain networks, including Uniswap, Curve Finance, Sushiswap, and Orca. Explore market data, crypto prices, and more...
Floki staking TVL peaks at $137 million
28.2.2024
Floki announced surpassing the previous high in terms of staking, with the tokens worth $137 million, effectively leaving circulation. Users have staked the tokens in the Floki Staking Program and broken the previous high of $105 million, which was recorded less than 24 hours ago. The community...
Expert Take: Rising DeFi TVL is Silencing the Doubters
28.2.2024
As its TVL rises, industry insiders say that DeFi is seeing increasing interest once again. DeFi is robust and will continue to expand, the experts say, adding that 2024 will be an exciting year for this growing sector.
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Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up
28.2.2024
The Ethereum network has recorded several gains in the last four months as decentralized activity continues to rise amid institutional inflows.
The post Ethereum’s TVL Breaches $50 Billion as DeFi Activity Ramps Up appeared first on Cryptonews
Stader Ethereum adds Chainlink CCIP for cross-chain transfers
28.2.2024
Stader Ethereum recently announced the integration of Chainlink CCIP as its official cross-chain solution. The announcement was made on the X/Twitter account of Stader Ethereum. The tweet read that the integration will allow Stader Ethereum to enjoy secure and seamless cross-chain ETHx transfers...
Uniswap Releases Browser Extension and Tools to Improve Transactions
28.2.2024
The decentralized exchange Uniswap has unveiled a browser sidebar extension, a limit order placement function, and additional tools for simplifying and improving users’ crypto transaction experience.
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Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days
27.2.2024
Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making...
John Paller, Founder of ETHDenver, on Present State of ETH, and Future of DeFi, DAOs, and NFTs
27.2.2024
Cryptonews Podcast host Matt Zahab sat down once again with US-based blockchain entrepreneur and Founder of ETHDenver John Paller for another exciting interview. The two talked about ETHDenver setting the main themes for the year and what we may see in 2024. The founder further explained...
Risk Management in DeFi: Paternalism vs. the Invisible Hand
27.2.2024
DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit
27.2.2024
Quantitative research firm Gauntlet has joined Morpho, a trustless decentralized finance (DeFi) lending protocol, as a risk curator following its departure from Aave (AAVE).
The post DeFi Risk Management Firm Gauntlet Joins Morpho Post Aave Exit appeared first on Cryptonews
OKX Launches Crypto Exchange in Turkey, Expanding DeFi
27.2.2024
OKX, a leading global Web3 technology company and crypto exchange, has officially unveiled OKX TR, its crypto exchange tailored for users in Turkey.
The post OKX Launches Crypto Exchange in Turkey, Expanding DeFi appeared first on Cryptonews
Hedera developers can now access Pyth Price Feeds
27.2.2024
Pyth Price Feeds are now available to all Hedera developers, whereas DeFi developers have permissionless access to more than 400 financial data feeds. These can be implemented in smart contract applications, thereby empowering community developers to construct cutting-edge financial solutions...
Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address
26.2.2024
Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted...
Seeking Yield on $37M Ether Treasury, JPEG'd DAO Mulls Airdrop Farming
26.2.2024
"There are possibilities to solidify the treasury at low risk," pseudonymous JPEG'd contributor 0xTutti told CoinDesk
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
26.2.2024
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said
PancakeSwap Reveals ‘Affiliate’ Initiative to Enable Forks Across Blockchains
26.2.2024
The PancakeSwap team will invite and approve – on a case-by-case basis – forks of PancakeSwap onto any chain that doesn’t already have PancakeSwap deployed on it.
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