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Attacker Exploits Rounding Issue to Steal $2.1 Million From Onyx Protocol
1.11.2023
DeFi project Onyx Protocol has fallen victim to a security breach, losing more than $2 million worth of crypto assets. According to a recent post by blockchain security firm Polyzoa, the attacker exploited a rounding issue within the Onyx Protocol to steal $2.1 million worth of funds from...
Bitcoin Saw 27% October Surge as Traders 'Panic Bought' Amid Bitcoin ETF Enthusiasm. Is $40,000 Next?
31.10.2023
The boredom ended in October as cryptocurrency prices zoomed higher, with the biggest of them all, bitcoin [BTC], posting the strongest monthly rally since January as investors were abuzz with optimism that bitcoin ETFs will soon get approved in the U.S
Fragmentation in DeFi: DeFi’s liquidity challenge
31.10.2023
Yet, as with any transformational shift, growing pains are inevitable. Among these, fragmentation, particularly in terms of liquidity, casts a shadow over the DeFi horizon.
UK Treasury Unveils Crypto Asset Regulatory Framework – Here’s What You Need to Know
31.10.2023
The UK government has issued a comprehensive response to its consultation on crypto asset regulation, unveiling a final regulatory framework based on input from businesses, experts, and significant market events, including the ongoing FTX court case. With these proposals, the UK government...
From payments to DeFi: A closer look at the evolving stablecoin ecosystem
31.10.2023
The stablecoin ecosystem has evolved significantly over the years, with new regulations and models shaping the landscape
Earn Network Unveils Restaking Category: A New Feature to Compound Your Delegation Gains
31.10.2023
PRESS RELEASE. The Earn Network introduces yet another category to its community-driven marketplace – Restaking. This cutting-edge feature comes on the heels of successful launches in both DeFi Staking and NFT Staking and is designed to amplify the yield on digital assets. What is Restaking?...
Polkadot Staking Dashboard 1.1 goes live
31.10.2023
Polkadot Staking Dashboard 1.1 is now live, and the community is hailing it as a big release. For all the right reasons, one can assume that there are many features that the Staking Dashboard brings with it. At the core is data availability for choosing a balanced set of validators. There is...
Uniswap DAO Signals Approval for $12 Million Investment in Ekubo’s Governance Token – Here’s What You Need to Know
30.10.2023
Uniswap DAO, a major player in decentralized finance (DeFi) world, has shown significant support for a proposal to invest a substantial amount of its treasury funds into Ekubo, a decentralized exchange (DEX) operating on Ethereum’ Starknet network. The proposal suggests investing 3 million...
PancakeSwap Integrates Bril’s Portfolio Manager to Diversify Liquidity Pools
30.10.2023
As decentralized finance (DeFi) continues to plug along in its quest to capture market share, PancakeSwap, one of the leading decentralized exchanges, has recently taken a step toward optimizing its service offerings. On Monday, PancakeSwap announced a collaboration with DeFi protocol Bril Finance...
DeFi Market Soars to $42 Billion, Rises by $6.2 Billion in Just Two Weeks – Is The Bull Market Here Again?
30.10.2023
The digital asset market has recorded several wins this month with Bitcoin (BTC) hitting a 16-month high and surging activities around decentralized finance (DeFI) applications. According to data from DefiLlama, the total value locked (TVL) on DeFi protocols has soared to $42 billion, marking...
Today in Crypto: Unstoppable Domains Users Can Now Get ‘.com’ Addresses, Ledger Reveals 2nd Season of Metaverse Game
30.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Web3 news Domain and digital identity platform Unstoppable Domains announced that it entered the .com Namespace....
FlokiFi Locker secures $250,000+ of $OGGY
30.10.2023
OGGY recently joined hands with Floki to lock its tokens with Floki’s crypto locker protocol. The platform has decided to lock 250,000 dollars worth of $OGGY with FlokiFi Locker. Both OGGY and Floki shared the news on their respective X/Twitter accounts. The tweet by OGGY read that the platform...
DeFi Market Recovers From 30-Month Low as Volume Hits Highest Point Since March
30.10.2023
The total value of all assets locked on decentralized finance (DeFi) protocols has surged to a three-month high of $42 billion after being at its lowest point since February 2021 just two weeks ago
Dydx Chain Unveils Network Fee Distribution and USDC Trading Fee Allocation
27.10.2023
The Dydx chain, a proof-of-stake blockchain network, has successfully launched its mainnet and introduced dydx as its layer one (L1) token. On October 26, at 1 p.m. EDT, the network’s validators created the first block, signifying the start of a new era for the Dydx chain. The introduction of dydx...
Audits and rug-pulled projects, a $650B token burn, and major DeFi protocol quits UK: Finance Redefined
27.10.2023
Uniswap’s founder burned $650 billion of HayCoin, amounting to 99% of the token’s supply
Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort
27.10.2023
Sixteen startups selected from over 1000 applications will present their projects to a global audience
Floki’s TokenFi goes live to capitalize on tokenization possibilities
27.10.2023
Floki has announced launching TokenFi on October 27, 2023, at 3 p.m. UTC. Its ticker is FLOKI, with a total supply of 10 billion. This will be equally split between BSC and ETH. Meaning both networks will host 5 billion FLOKI, respectively. The objective of introducing a crypto and asset...
Neo Announces EVM-Compatible Sidechain to Prevent MEV Attacks
27.10.2023
Neo, the open-source blockchain platform, has revealed its plans for the development of a new Ethereum Virtual Machine (EVM)-compatible sidechain, a move aimed at expanding its capabilities in the decentralized finance (DeFi) sector. Sidechain Will Offer Interoperability With NEO N3 Mainnet In...
Value Locked in Defi Surpasses $40 Billion, Marking a Significant Recovery
27.10.2023
Amid the recent gains in the crypto economy, the total value locked, or TVL, in decentralized finance, or defi protocols, has risen above the $40 billion threshold. This is after remaining below that level since mid-August. The top 100 defi coins by market capitalization are just below the...
Today in Crypto: MoonPay Partners with Mastercard, 64% of Injective Survey Respondents Trade on Both CEX and DEX, Chainstack Launches DeFi API
26.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation...