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Nalezeno "DeFi News": 1221

Crypto.com launches Liquid Staking in its app


Crypto.com makes it to the headlines yet again with its grand announcement of the launch of liquid staking on the Crypto.com mobile app, allowing its users to capture the best market opportunities and benefit from crypto staking rewards simultaneously. Crypto.com is a trusted name and one of...

DWF Labs forges an association with Kava Chain


DWF Labs, an internationally known digital asset market maker, forms an association with the Kava Chain. DWF Labs is also a multi-level Web3 investment company. This joining of hands will bring about the growth of Kava’s DeFi ecosystem with an extra focus on its decentralized exchanges (DEXs). ...

Oracle Security’s role in DeFi derivatives markets with Chainlink & GMX


Chaos Labs is all set to optimize and secure on-chain financial apps and share their latest collaborations with Chainlink Labs and GMX. The long-awaited GMX V2 launch on Arbitrum uses Chainlink Data Streams, an all-in-one solution for decentralized finance (DeFi), combining automated trade...

LayerZero becomes live on Manta Pacific


LayerZero recently partnered with Manta Network to go live on Manta Pacific. The collaboration will see LayerZero facilitate interoperability across the Manta Pacific. The announcement was made on the official X/Twitter account of LayerZero. With the integration, Manta Pacific will exercise...

IRS Holds Hearing on Digital Asset Reporting Regulations Following Pushback


Following massive pushback from the crypto industry, the Internal Revenue Service (IRS) held a public hearing on Monday morning, chiefly discussing their recently proposed digital asset broker reporting regulations. A firestorm of comments Initially filed on August 29th, 2023, the IRS’ proposed...

Market share rises by 69% for opBNB, Binance announces support


opBNB went live on mainnet recently and has already seen a massive rise in its market share. The jump is 69% jump for the Layer 2 solution of the BNB Chain. It is now the second most popular layer 2 solution in terms of DAU, 92,761. Additionally, Binance has announced that it will support deposits...

After COTI’s Bridge deployment, gCOTI now debuts on Uniswap V2


gCOTI is currently available on Uniswap V2, a leading decentralized exchange (DEX) that operates on the Ethereum blockchain. The gCOTI token had been successfully implemented on the COTI’s Bridge prior to this operation. Users will be granted the opportunity to contribute their portion...

Sonne Finance links up with the Chainlink BUILD program


In order to accelerate the expansion of its ecosystem, Sonne Finance has declared its official enrollment in the Chainlink BUILD program. Furthermore, with the assistance of technical support and Chainlink’s benchmark Oracle solutions, the objective is to enable on-chain borrowing and lending...

Notional V3 goes live on Arbitrum


Notional V3 has gone live on Arbitrum, marking a major step forward in the DeFi lending segment. Notional V3 has credited this development to years of hard work, adding that the community can now access a set of new functionalities and improvements. Key offerings following this integration can...

Uniswap V3 User’s Costly Liquidity Pool Error: $700,000 Lost to MEV Bot


A trader using the decentralized exchange (DEX) Uniswap V3 lost over $700,000 after he entered wrong values while creating a new liquidity pool. According to an X post from on-chain analytics firm Arkham, the user added a total of $1.5 million of liquidity in the WBTC-CRV pool he created on Uniswap...

Amino Rewards locks assets worth $34 million in FlokiFi Locker


Amino Rewards has locked $34 million worth of assets in FlokiFi Locker. This can be categorized into treasury tokens, ecosystem rewards, marketing tokens, and liquidity pools. Allocation in every segment is 20% of supply, 20% of supply, 5% of supply, and $900k, respectively. This extends...

Galxe announces deployment of Arbitrum GalxeOAT


Galxe, a Web3 community, has announced that it has deployed Arbitrum GalxeOAT, now empowering users to mint without skipping a beat. However, it has met with mixed reactions right from the beginning. While some members have appreciated the move, others have sought an official link to be made...

Radiant Capital announces going live on the Ethereum mainnet


Radiant Capital recently announced going live on the Ethereum mainnet. The announcement was made on the official X/Twitter account of Radiant Capital. The integration was powered by Balancer, Stargate Finance, and LayerZero Labs. Besides the announcement, the X thread also mentioned the ETH token...

Polkadot Staking Dashboard 1.1 goes live


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...

FlokiFi Locker secures $250,000+ of $OGGY


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...

Floki’s TokenFi goes live to capitalize on tokenization possibilities


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...

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