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Nalezeno "DeFi News": 1209

PolkaPool launches: Welcome to the auto-swap era!


Polkadex has developed a simpler way to order a new Orderbook by adding PolkaPool and Auto-Swap functionality. This is a great advancement for their trading platform, as it creates a smoother process for new traders who are all interested in decentralized exchange trading. They are now subject...

Eisenberg found guilty of Mango Markets exploit


Avraham Eisenberg exploited Solana-based Mango Markets in October 2022. He was charged with the allegations two months after that, that is, in December 2022. Now, almost 18 months after being charged by the US District Court or the Southern District of New York, Eisenberg has been convicted...

CoreDAO introduces native staking to Bitcoin


CoreDAO is bringing native staking to Bitcoin via Core Chain. There are two objectives behind this: one is to tap into the trapped Bitcoin liquidity, which is estimated to be around a trillion dollars, and the second is to put ideal BTC tokens to work. The latter rather serves the majority of...

Polygon introduces the integration of Cosmos to AggLayer via Union


Polygon has said that Union is bringing Cosmos to AggLayer to facilitate cross-chain transactions and inter-network communication better. It will fundamentally leverage zero-knowledge proofs to allow sovereign chains to share liquidity and state safely. Union will ensure a seamless transfer...

SingularityNET and Minswap Labs team up to revolutionize Cardano DeFi


SingularityNET and Minswap Labs entered into an exclusive agreement in order to fulfill their joint commitment to introducing superior products and services to the Web3 space. In accordance with their formal agreement, both entities will investigate and advance various integrations that center...

OGN & OGV merger finalized, Enhancing blockchain unity


In a significant development within the blockchain industry, the merger proposals between Origin Protocol (OGN) and Origin Governance Token (OGV) have been finalized, marking a pivotal moment in the consolidation of decentralized finance (DeFi) projects. OGN and OGV are prominent projects within...

Stader adds Chainlink CCIP & Price Feeds for cross-chain liquid staking


Stader recently announced that Chainlink CCIP will be integrated across its Arbitrum and Ethereum mainnets. The platform will leverage CCIP’s STT (Simplified Token Transfer) capabilities for ETHx cross-chain transfers. This will enable a secure and seamless cross-chain experience for users....

Restaking protocol comes under the limelight


Eigen Layer’s mainnet release has brought restaking protocol under the limelight, reopening LST deposits and doing away with all caps related to LSTs. It is also because of late release, which has resulted in many releases. Being an inventive liquid restaking platform, PrimeStaked provides users...

Folks Finance chooses Avalanche for its cross-chain lending app


Folks Finance recently announced that they are choosing Avalanche for its cross-chain lending app. The DeFi hub offers leveraged trading, lending, liquid staking, on/off ramp, leverage liquid staking, and swaps. Given Folks’ well-rounded product suite, users find it robust and flexible...

Franklin Templeton unveils Runes as key to Bitcoin’s DeFi evolution


Franklin Templeton, a renowned investment firm, has released a comprehensive analysis outlining how the integration of Runes could catalyze the growth of decentralized finance (DeFi) on the Bitcoin network. The analysis begins by examining the current state of decentralized finance on the Bitcoin...

Solana releases an update to finish with network saturation


Solana has released an update for putting closure on network clogging due to spam bots and memecoin trading. The builders at Solana suggest that they incorporate a required network update to combat the clogging impacting the protocol.  Mainnet Beta authenticators are being suggested to use...

Zilliqa shares current developments shaping its ecology


The Zilliqa ecosystem experienced noteworthy advancements in March 2024, which served as evidence of the platform’s ongoing expansion and aptitude for novelty. This month-long summary of Zilliqa’s highlights and successes sheds light on the platform’s ecosystem and its impact...

EigenLayer introduces six new Actively Validated Services


EigenLayer’s AVS mainnet launch marks a significant milestone in the development of Ethereum staking systems. Active validation services, or AVS, are critical for increasing the security and effectiveness of blockchain networks. EigenLayer restakers manage and secure these services, which...

Uniswap Labs and Across offer a standard for cross-chain intents


Uniswap Labs, the team behind the world’s leading decentralized exchange (DEX), and Across, a blockchain interoperability protocol, have jointly proposed a groundbreaking initiative: establishing a standard for cross-chain intents. This collaborative effort aims to streamline and standardize...

Swell enhances transparency with Chainlink Proof of Reserve


Swell incorporates Chainlink Proof of Reserve (PoR) on Ethereum to offer on-chain clarity revolving around the reserves related to rswETH, a liquid staking token. Additionally, Chainlink will support Swell L2, a forthcoming Layer 2 meant for restaking with Chainlink CCIP. These incorporations help...

FYEO conducts an audit on the 1INTRO Solana program


In order to maximize the potential in matters related to its features and functions, 1INTRO gets an audit done pertaining to its 1INTRO Solana program by FYEO. 1INTRO, on the other hand, is an all-inclusive liquidity structure that offers Solana effectiveness, fairplay, and security via AI....

dYdX Investigates Block Production Halt During Scheduled Upgrade


dYdX has confirmed an outage on its mainnet, and ecosystem engineers are currently debugging the issue. The outage has been ongoing since 6:50 a.m. UTC, with no fix expected for several hours, according to an incident report. The post dYdX Investigates Block Production Halt During Scheduled Upgrade...

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