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DeFi Protocol Solend Struck by $1.26M Oracle Exploit
2.11.2022
Solana-based decentralized finance (DeFi) protocol Solend has suffered an exploit in relation to pricing oracles, resulting in $1.26 million in bad debt
Price predictions: Avalanche, Ethereum, and Orbeon Protocol
2.11.2022
Legendary American baseball player Lawrence ‘Yogi’ Berra was famous for making quips and pithy observations and being a great baseball player. Asked by a sports journalist about his predictions for a big game, he replied, “predicting is hard, particularly about the future.” He is right about that....
Following the Great UST Collapse, a Defi Project Plans to Launch a ‘Soft-Pegged Stablecoin’ Built on Terra
1.11.2022
Following the Terra stablecoin collapse last May, the Terra blockchain ecosystem has another stablecoin concept in the works called “Solid.” The stablecoin Solid and its white paper were revealed by a decentralized finance (defi) project, Capapult Finance, and the idea has been dubbed...
DeFi Protocol Voltz Opens Door for Passive Traders With Liquidity Optimizer Vault
1.11.2022
The new product will give traders the opportunity to earn passive LP returns without the risk of impermanent loss, Voltz's CEO said
Big Eyes Coin, Uniglo, and Snowfall Protocol – Which One Is Better?
1.11.2022
There are many different types of cryptocurrencies on the market today, and it can be difficult to decide which one is right for you. Big Eyes Coin (BIG), Uniglo (GLO), and Snowfall Protocol (SNW) are all popular options, but which one is the best? In this blog post, we will compare and contrast...
Atlendis: A protocol for uncollateralized crypto loans
1.11.2022
Lending platforms help projects grow, making them an essential part of the DeFi infrastructure. However, it faces one limitation in depositing collateral with the lender. Eliminating that factor could potentially help projects grow without worrying about availing collateralized loans. Atlantis...
AMD, Seagate and EY Join Protocol Labs-led Decentralized Storage Alliance
31.10.2022
The industry organization is led by Filecoin creator Protocol Labs
DeFi Lender Arco Protocol, Launched on Aptos Blockchain, Goes Dark After Botched Fundraise
31.10.2022
Arco Protocol, A cross-chain DeFi lending & staking platform on the newly-launched Aptos blockchain, has gone offline following a botched fundraise
After Years of Uncertainty, Cryptocurrency Exchanges Can Open Bank Accounts in Chile
30.10.2022
After years of court battles in Chile, a cryptocurrency exchange has managed to open a bank account in Bci, a financial institution that established a protocol to serve these businesses. The first exchange that opened a bank account with the institution was Buda, a local exchange, which satisfied...
Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol
29.10.2022
The firm claims Slashtags will enable web portability and “passwordless” authentication
Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023
29.10.2022
Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2...
Huobi Global to Delist HUSD — Stablecoin Slips Below $1 Parity to $0.89
28.10.2022
On Thursday, the cryptocurrency exchange Huobi Global announced that the trading platform plans to delist the stablecoin HUSD and the delisting will begin at 08:00 (UTC) on October 28, 2022. Furthermore, users with HUSD held on the exchange will see their balances auto-converted to the stablecoin...
UniLend V2 Launched: Becomes 1st True Permissionless Lending and Borrowing Protocol
28.10.2022
PRESS RELEASE. Launching its much awaited V2 testnet on the Goerli chain today, UniLend team is looking to Revolutionise the Lending and Borrowing scene in the DeFi space. It is the first ever protocol which claims to “Make Every Digital Asset Productive”. Earlier, UniLend Finance CEO, Chandresh...
Solana-based protocol seeking to decentralize ride-sharing raises $9M
27.10.2022
TRIP protocol enables ride-sharing companies and drivers to compete for riders, as blockchain enables disruption in existing markets
Team Finance exploited for $14.5M during protocol migration despite contract audit
27.10.2022
Hackers appear to have spent as little as 1.76 Ether to initiate the attack vector
Bain Capital Crypto Leads $3.3M Round for Privacy-Focused Identity Protocol
27.10.2022
Notebook Labs aims to accelerate DeFi adoption with its crypto identity protocol
Near Foundation sets up $40M fund to bail out USN investors in case of collapse
25.10.2022
The program was launched after Decentral Bank, the issuer of NEAR-native stablecoin USN, raised concerns about the stablecoin depegging due to algorithmic failure
Unsung hero saves DeFi protocol from potential exploit: Finance Redefined
21.10.2022
Analytical data reveals that DeFi’s total value registered another dip, with the total value locked (TVL) falling below $50 billion at the time of writing
OpenSea revises NFT rarity ranking protocol after community feedback
21.10.2022
A community member argued that the new rarity ranking protocol destroys the market-driven rarity structure for some NFT collections
Celestia Raises $55 Million to Solve Blockchain Modularity Challenge
21.10.2022
Celestia, a project that aims to solve the perceived centralization problem in current monolithic blockchains, has announced it has raised $55 million in its latest funding round. The round, which was led by Bain Capital Crypto and Polychain Capital, also saw the participation of Delphi Digital...