39 / 55 Relevant items tagged with #DEFI

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Lido Attracted 10K Ether Stakers to Protocol in July

[Aug 7, 2023 8:32 AM] The largest staking service provider also crossed $15 billion in total value locked, a level not seen since May 2022.

Curve Finance Announces $1.85 Million Bounty For Stable Pool Exploiter

[Aug 7, 2023 6:00 AM] Curve Finance, a popular decentralized (DeFi) protocol, has recently announced that it was rewarding persons capable of identifying the exploiters behind the draining of over $61 million from the platform’s stable pools on July 30.  The huge bounty…

Curve Recoups 73% of Hacked Funds, Bolstering CRV Sentiment

[Aug 7, 2023 1:21 AM] A public bounty is now open for finding the remaining funds with a $1.8 million reward.

First Mover Asia: Bitcoin Teases $30K While the Long Wait for an ETF Continues

[Aug 6, 2023 7:52 PM] Trading volume is down, but all signs point to a break-out around the corner.

DeFi Definitely Isn't Dead

[Aug 5, 2023 5:00 AM]

Boosting adoption with DeFi asset management: Velvet Capital joins Cointelegraph Accelerator

[Aug 5, 2023 4:00 AM] The decentralized asset management OS Velvet Capital that is driving DeFi adoption joins the Cointelegraph Accelerator program.

Base Opens Ethereum Bridge, Mainnet to Launch August 9

[Aug 5, 2023 3:00 AM] Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to…

Navigating the Storm: Defi’s Precarious Position Amid a String of Exploits and Market Declines

[Aug 4, 2023 1:00 PM] In the wake of July’s unprecedented wave of decentralized finance (defi) breaches, including Curve Finance’s staggering $62 million exploit, the defi economy has plummeted into a gloomy state. Hovering perilously close to dipping…

Curve Impressively Adds 22% As Founder Sells CRV To Repay Aave Loan

[Aug 3, 2023 8:00 PM] CRV, the governance token of Curve, a decentralized exchange for stablecoins and a key player in the decentralized finance (DeFi) landscape, has impressively recovered, adding 22% after sinking to its August 2023 lows this week. When writing on…

Optimism transactions surpass Arbitrum, but what’s behind the uptick in users?

[Aug 3, 2023 2:30 PM] Transactions on Optimism recently eclipsed the Arbitrum network, but do the project’s fundamentals support a sustainable growth trajectory?

Breaking: Elon Musk’s X To Launch Trading App, Dogecoin To Play A Part?

[Aug 3, 2023 11:49 AM] According to a recent report by Semafor, the company formerly known as Twitter (X) is making waves yet again, as it seeks to transform itself into a financial data giant by building a trading hub within its app. Will Dogecoin take the center of the…

Solana Tokens or: How I Learned to Stop Worrying and Love the Points

[Aug 3, 2023 9:07 AM] Could loyalty programs and token airdrops embiggen Solana DeFi? Danny Nelson heads to Utah to find out.

GHO and FDUSD Stablecoins See Massive Supply Growth in Recent Debut

[Aug 3, 2023 7:30 AM] In a recent turn of events, the cryptocurrency world has been introduced to two stablecoins anchored to the U.S. dollar — Aave’s gho (GHO) and First Digital’s stablecoin FDUSD. These dollar-tied tokens have rapidly gained…

Shiba Inu Takes Step to Become DeFi Contender, Will Add Digital IDs to Ecosystem Projects

[Aug 3, 2023 3:50 AM] Digital identity verification will be a part of all Shiba Inu developments in the future, including on the upcoming Shibarium layer 2 blockchain.

Key On-Chain Metric Points to Stagnation, Will Ethereum Ever Break $2,000?

[Aug 2, 2023 9:00 PM] According to Etherscan data, the number of active ERC-20 addresses has not changed much in 2023. It has stayed between 200,000 and 300,000 while Ethereum prices stagnate below July 2023 highs. As of August 2, there were about 275,000 active ERC-20…

Aave price takes double-digit hit, but strong fundamentals point to eventual recovery

[Aug 2, 2023 2:37 PM] The Aave price may have been impacted by this week’s Curve Finance scandal, but a robust insurance fund and steady fee revenue could protect against further downside.

Abracadabra Protocol To Counter CRV Risk With 200% Interest Rate Hike

[Aug 2, 2023 12:00 PM] DeFi lending protocol, Abracadabra Money, is currently debating a proposal to boost the interest rate in its CRV lending markets as it looks to mitigate its exposure to the DeFi token.  In the last few days, CRV  has seen its value decline…

Web3 startups queue up: Consensys Startup Program partners with Cointelegraph Accelerator

[Aug 2, 2023 11:03 AM] Cointelegraph Accelerator participants will get a headstart with Consensys’ Web3 solutions, including MetaMask, Infura and Linea zkEVM.

Uniswap Delists HEX Token After SEC Deems It An “Unregistered Security”

[Aug 2, 2023 9:00 AM] Uniswap, the largest decentralized exchange, has removed the HEX token from its interface after it was recently declared an unregistered security by the United States Securities and Exchange Commission (SEC). This comes as another blow for the…

Decentralized Exchange THORSwap Introduces New Feature Aimed at Better Price Execution for Large Trades

[Aug 2, 2023 8:57 AM] Called Streaming Swaps, the feature is designed to improve capital efficiency for decentralized finance users who want to execute large trades.

A New Bitcoin-Based Arcade Game Is Leaving a Mark on Gamers

[Aug 2, 2023 5:16 AM] A platform that went live last week looks to expand bitcoin usage by attracting players to win-to-earn games that run wholly on the Bitcoin blockchain.

Weeks of Prosperity: MKR Holders See Wealth Grow By Over 100% Amidst Price Boom

[Aug 2, 2023 3:30 AM] MakerDAO (MKR) has navigated a tumultuous path in the Decentralized Finance (DeFi) market since June, marked by regulatory pressures and various challenges numerous projects face. Nonetheless, a shift in focus has occurred as altcoins, spearheaded…

Aave Should Block Curve Token Borrowing, Risk Management Firm Proposes

[Aug 2, 2023 2:29 AM] An ongoing crisis situation stemming from a large curve token collateral can be prevented by pausing all borrowing activity, Gauntlet argued in a Wednesday protocol.

Curve founder looks to unexpected counterparties to rescue sinking DeFi loans

[Aug 1, 2023 10:35 PM] Michael Egorov is attempting to pay off his mountain of DeFi debts by selling CRV at a discount.

DeFi Died and We Didn’t Even Notice

[Aug 1, 2023 12:33 PM] The behavior of Curve founder Michael Egorov is warning to all, and proof that DeFi isn’t really that different from traditional finance.

Spooked by Curve Liquidation Threat, DeFi Protocols Shore Up Defenses

[Aug 1, 2023 10:05 AM] They're responding to the potential systemic risk posed by Michael Egorov's teetering financial position.

DeFi Platform Term Finance Brings Fixed Rate Lending to Ethereum

[Aug 1, 2023 9:00 AM] Short term, fixed rate loans can now work in harmony with Aave and Compound's "ultimate liquidity" model.

SushiSwap furthers cross-chain functionality with Core integration

[Aug 1, 2023 7:00 AM] SushiSwap brings liquidity pools, cross-chain swaps and its DEX aggregator to the Core blockchain ecosystem.

Crisis at DeFi Giant Curve Eases After Justin Sun and Others Step In With Help

[Aug 1, 2023 4:55 AM] Sun said a liquidity pool that utilizes tether stablecoins issued on the Tron network would “amplify user benefits,” pointing to saving a potentially bad loan.

Curve Founder Deploys New Liquidity Pool to Address FRAX Debt Situation

[Aug 1, 2023 3:53 AM] Egorov has created a new liquidity pool on Curve for FraxLend's CRV/FRAX market, called crvUSD/fFRAX. Analysts said it is an attempt to incentivise liquidity to FraxLend's pool from where Erogov has taken loan of 15.8 million FRAX.