Search
Raindex unveils debut on Flare Network, empowering decentralized CEX-style trading
10.4.2024
Raindex, a pioneering decentralized exchange (DEX), has officially launched on the Flare Network, introducing a novel approach to decentralized trading that mirrors the user experience of centralized exchanges (CEX). This milestone represents a significant leap forward in the evolution...
Filecoin Staking Protocol Core Team Detained by Chinese Police; $22 Million in FIL Tokens Sent to Unknown Address
10.4.2024
STFIL, the Filecoin liquid staking protocol, believes its core technical team is being investigated by the Chinese police. The STFIL team said it also recently detected abnormal and unscheduled upgrades to the protocol. During the core technical team’s detention, FIL tokens worth over...
Swell enhances transparency with Chainlink Proof of Reserve
10.4.2024
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...
Niraj Pant, Co-founder of Ritual, on The Future of Crypto and AI, Decentralized AI, and Applying ML to DeFi | Ep. 324
9.4.2024
Ritual co-founder Niraj Pant discusses why blockchain and AI haven’t joined hands yet and how blockchain is reaching the point where it’s ready to do that, how the relationship between AI and crypto is mutually beneficial, the lack of AI-enabled dapps and what Revolut is doing about it, the...
Solana-Based Zeta Markets Debuts Governance Token Z
9.4.2024
The launch of governance token is part of a broader strategy that involves plans to release Solana's first layer 2 scaling solution, Zeta Markets said in the press release
Cardano Slips to 10th Position, Underperforming in a Surging Crypto Market
9.4.2024
After holding a leading spot among the top cryptocurrencies for years, cardano (ADA) has recently been relegated to the tenth position. This shift occurred as toncoin (TON) ascended, surpassing the market capitalization of cardano. Toncoin Overtakes Cardano in Market Cap Over the past year, bitcoin...
FYEO conducts an audit on the 1INTRO Solana program
9.4.2024
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....
Suilend exits beta phase, achieving significant milestones in blockchain development
9.4.2024
Suilend, a cutting-edge blockchain project, has officially emerged from its beta phase, marking a significant milestone in its journey towards revolutionizing decentralized technology. The public can now access Suilend, the ground-breaking lending protocol created by the Solend team, as it...
Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign
9.4.2024
Union Labs collaborates with Lava to launch an incentivized public RPC campaign, offering $100,000 in token rewards to encourage community participation and network growth.
The post Union Labs Partners with Lava, Introduces $100K Incentivized RPC Campaign appeared first on Cryptonews
dYdX Investigates Block Production Halt During Scheduled Upgrade
8.4.2024
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...
Chainlink and Aave to continue collaborating for GHO
8.4.2024
Chainlink and Aave Labs have expressed their commitment to collaborate in the future to further GHO, a decentralized and overcollateralized stablecoin that is native to the Aave Protocol. The objective is to boost stablecoin and DeFi, making the system accessible and empowering users from regions...
LILLIUS integrates xAsset Bridge to transform cross-chain operations
8.4.2024
LILLIUS, a prominent decentralized finance (DeFi) platform, has announced a groundbreaking partnership with xAsset Bridge, facilitating seamless interoperability between the Cronos and Polygon networks. This strategic integration marks a significant milestone in the evolution of decentralized...
Bug in Discontinued Lido Staking Service Blocks User Access to Tokens Valued at $24.4 Million
7.4.2024
A bug in the smart contract of Lido’s discontinued Solana staking service is reportedly preventing users from withdrawing digital assets valued at more than $24 million. Lido attributes this issue to “a problem with the maintainer bot and the recent update of rent-exempt terms for Solana...
Makerdao Co-Founder Rune Christensen: Defi Frontends Might Need Licenses to Operate in Europe
6.4.2024
Rune Christensen, a co-founder of the Makerdao project, has warned about the possible disruptions linked to hypothetical EU-wide requirements for defi fronteds to receive a license for operating. Christensen said this would decelerate the EU to the Stone Age, disrupting European defi access...
Recent Aave DAO move on MakerDAO fuels DeFi ‘walled gardens’ concerns
5.4.2024
In the recent wake of Web3 adoption, two competitors have found themselves in a squabble in the aftermath of Web3 adoption. Gauntlet, AAVE’s market risk manager, was also caught side-hustling with MakerDAO, AAVE’s direct competitor. Gauntlet’s exit from Aave caused further...
Razor Network now accessible on the Moonbeam Network
5.4.2024
The Razor network is now accessible on Moonbeam Network, a base for cross-chain-linked applications that combine assets and functions about multiple blockchains. It helps to improve the builder exposure by uniting total Etereum adaptability with the potential of Polkadot. This involves...
Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval
5.4.2024
Prisma Finance has unveiled a strategy to cautiously restart operations following a hack that resulted in a loss of $11.6 million and prompted a temporary pause of the platform on March 28.
The post Prisma Finance Gains Strong Community Support for Protocol Restart with DAO Approval appeared first...
Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion
5.4.2024
Ellipsis Labs, a prominent player in the crypto exchange sector, has secured $20 million in Series A funding, with Paradigm taking the lead in the investment round.
The post Ellipsis Labs Raises $20 Million in Series A Funding Led by Paradigm for DeFi Expansion appeared first on Cryptonews
Magpie integrates zkSync to overcome DeFi hurdles and lower Ethereum fees
4.4.2024
zkSync addresses the hurdles that come with DeFi, such as upgrading Ethereum, along with its high fees for swaps and staking and unstaking. In the case of swaps, it is between $40 and $60, whereas for staking and unstaking, it reaches more than $200. For DeFi’s overall standing, these...
Credbull's First Crypto Fund Chases High Fixed Yields
4.4.2024
Crypto's high yield structured product sector is getting a bit more mature