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Today in Crypto: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council, Bitdeer Announces $2 Million Share Repurchase Program
19.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Quantstamp Reveals DeFi Protection Product That Reimburses Losses, Polygon Proposes Protocol Council...
$KNC goes live on Aave V3 Ethereum
19.10.2023
Kyber Network has announced that its native token, $KNC, is now live on Aave V3 Ethereum. However, the announcement is pretty young, and more details about the listing and responses from the community are awaited. Kyber Network has recommended traders do their own research before executing a trade...
Hashing It Out: Diving into cross-chain DeFi lending
19.10.2023
MultiChainZ chief operating officer Aanchal Thakur believes that cross-chain lending platforms will open users up to more liquidity
Are DeFi prediction markets on the verge of a big breakthrough?
19.10.2023
DeFi refers to decentralized finance. In a macro sense, prediction markets bring out the meaning for users to guess the outcome no matter the segment. However, DeFi Prediction Markets, together, form a union for people to assume the outcome of the movement of a digital asset. The answer has to...
DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC
19.10.2023
DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million.
Other participants in the round included AngelList Ventures, NGC Ventures, Bloccelerate, Hudson River Trading, Genesis Trading, and angels...
Ethereum DeFi protocol Hope Lend drained after exploit
18.10.2023
The protocol, which had 526 Ether in total value locked, was emptied in an attack on Oct. 18
Europe's Expanding Crypto Landscape: DeFi and Web3 on the Rise
18.10.2023
The digital asset ecosystem in Europe expands as institutions broaden their services to decentralized finance (DeFi) amid market turmoil.
A new market report released by on-chain analytics from Chainalysis shows industry growth in Central, Northern, and Western Europe (CNWE) as well as the United...
Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated Credit Union Unveils Crypto Portal, Wirex Introduces Dual-Mode Card
18.10.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Swiss Company Puts Excess Energy into Bitcoin Mining, Helix Reveals Pre-Launch Futures, TradFi Regulated...
Floki Developers Propose Staking and Utility Token Plans
18.10.2023
The move could help amp up investor interest in FLOKI tokens, which form part of the Floki DAO ecosystem
FlokiFi Locker upgrade goes live
18.10.2023
FlokiFi has announced launching the upgraded version of its locket on a total of 14 EVM-compatible blockchains. FlokiFi Locker was previously live on 12 blockchains, including, but not limited to, Polygon, Arbitrum, and KCC. Two newly added blockchains are Base and opBNB. The upgraded version...
Bitcoin Beats Rest of Crypto Market as Ether, DeFi Tokens Struggle
18.10.2023
Bitcoin's market share of all cryptocurrencies rises to highest since April 2021
Bank of Canada Assesses DeFi’s Innovation and Challenges on Financial Markets
17.10.2023
The Bank of Canada published a staff analytical note that mirrors the development of decentralized finance (DeFi) alongside possible routes of wider market regulations.
The staff note released on Oct 17 shows the development stages of the cryptocurrency market, its benefits to challenges facing...
Uniswap Labs to charge a 0.15% fee on select frontends and assets
17.10.2023
Uniswap Labs recently announced levying a 0.15% fee on a few frontends and assets. Traders using frontends by Uniswap on its DEX will be subject to the 0.15% fee. Hayden Adams, the founder of Uniswap, made the announcement on its official X/Twitter channel. The founder portrayed the fee as a way...
Canada central bank assesses innovations and challenges of DeFi
17.10.2023
The staff note suggested that although the DeFi ecosystem brings a ton of innovations in the financial sector the regulatory challenges and vulnerability limit its potential use in traditional finance
Vector Finance has integrated with LayerZero
17.10.2023
LayerZero Labs has announced its integration with Vector Finance. The objective of the partnership is to power cross-chain yield harvesting and distribution. Vector Finance will, overall, perform select functions, including, but not limited to, harvest on Arbitrum, swap for AVAX gas, harvest zJOE...
Lido Finance Sunsets Solana Staking Product After DAO Vote
17.10.2023
The staking service for SOL tokens will be discontinued over the coming months, developers said
Stars Arena partially relaunches the app, pausing trade
16.10.2023
Stars Arena has announced that it has relaunched its application; however, all functions are live at the moment. Stars Arena has said that it has temporarily halted trading functionality on the platform. There will be a separate announcement when the service resumes. Partial reopening is effective...
Thorswap Resumes Service With 12 Countries Blacklisted and New Partnership to Curb Illegal Transfers
13.10.2023
On October 6, 2023, Thorswap halted its services temporarily. However, the platform recently declared its return to full operation with some notable modifications. An array of approximately twelve countries are now barred from utilizing Thorswap, while the decentralized exchange (dex)...
European regulators assess DeFi risks, Uniswap launches Android wallet: Finance Redefined
13.10.2023
EU securities regulators have their eyes on DeFi, and the top 100 DeFi tokens had mixed price action over the past week, with most trading in a tight range
French Regulator Concludes DeFi Public Consultations, Views Ecosystem as “Disintermediated”
13.10.2023
The Autorité de Contrôle Prudentiel et de Résolution (ACPR), a body within the French Central Bank published a summary of the public consultation it held on decentralized finance (DeFi).
The document released on Oct 12, outlines a key path toward regulations in the sector to address the risky...