40 / 50 Relevant items tagged with #DeFI

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Raydium Prices Shot 30% 2 Weeks Ago Before Plunging, What Happened?

[May 30, 2023 5:30 PM] RAY, the native governance token of Raydium, the automated market maker (AMM) decentralized exchange (DEX) on Solana, soared 30% on May 17 before reversing gains, plunging to spot rates.  RAY Prices Under Pressure According to CoinMarketCap data on…

Yield farming app accumulates $12M TVL 2 weeks after launch

[May 30, 2023 3:52 PM] The Origin Ether app deposits Ether into Curve, Convex, stETH, rETH, and sfrxETH.

Can This THORChain New Feature Push Back RUNE Bears?

[May 30, 2023 12:30 PM] THORChain, a decentralized exchange and one of the liquid decentralized finance protocols by total value locked, plans to release “Lending” in 2023.  It is a feature THORChain says will complete their THORFi ecosystem. However, amid this…

LSD for DeFi: Tenet, LayerZero partner to drive cross-chain liquid staking adoption

[May 30, 2023 9:00 AM] Cross-chain interoperability protocol LayerZero’s infrastructure aims to drive liquid staking adoption across the DeFi ecosystem.

The Plight of Hyped-Blockchain Canto Demonstrates Dreary DeFi Outlook

[May 30, 2023 8:51 AM] Layer 1 blockchain Canto has experienced a 35% slump in total value locked (TVL) over the past month as liquidity continues to dry up across the decentralized finance (DeFi) sector.

Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins

[May 30, 2023 12:33 AM] Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows.

Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply

[May 29, 2023 11:57 PM] The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.

Arbitrum Based Jimbos Protocol Scurries for Revival After $7M Exploit

[May 28, 2023 10:46 PM] Version 2 of Jimbos protocol was attacked over the weekend for $7.3 million, just days after going live.

MakerDAO proposal seeks to hike DAI savings rate to 3.33%

[May 26, 2023 11:51 PM] The DAI savings rate was previously increased to 1% in December 2022, and led to 35 million DAI being deposited in the span of a month, according to MakerDAO.

Why This Signal Means Uniswap’s Bear Run Is Almost Over

[May 26, 2023 1:00 PM] The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days…

Milady NFTs Get Dogecoin Treatment as Prices Retrace Days After Elon Musk Tweet

[May 26, 2023 1:37 AM] Top holders of LADYs meme coins are sitting on unrealized profits worth millions of dollars.

Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain

[May 25, 2023 9:30 PM] On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are…

Etonec and Mina Foundation to Create ZK-Powered Compliance Tool By Year’s End

[May 25, 2023 2:48 PM] The product is designed to enable DeFi and Web3 communities to comply with regulations while maintaining community members’ privacy.

Liquid Staking Protocol Lido’s Defi Dominance Swells From 7% to 26% in 12 Months

[May 25, 2023 1:30 PM] According to statistics, the liquid staking platform Lido accounted for 7.45% of the total value locked in decentralized finance (DeFi) a year ago today. Since then, Lido’s market dominance has significantly increased over the last 12 months…

DeFi protocol WDZD Swap exploited for $1.1M: CertiK

[May 25, 2023 12:02 PM] The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan.

BNB Chain Expected to Undergo ‘Luban’ Upgrade in June. Here’s all You Need to Know

[May 25, 2023 3:45 AM] Three distinct enhancements aim to make the network faster and more secure.

Tornado Cash DAO Attacker Starts to Move Ether, TORN Tokens

[May 25, 2023 1:05 AM] The attacker holds over 20 ether in their wallet, and continues to have access to potentially all of Tornado Cash’s treasury funds as of Thursday.

KyberSwap Resumes Elastic Protocol, Backed by Multi-Million KNC KyberDAO Security Fund

[May 24, 2023 5:00 PM] KyberSwap, a leading decentralized exchange (DEX) platform, is thrilled to announce they will be resuming its highly anticipated Elastic protocol on May 25, 2023. This brings back key capital-efficient features such as concentrated liquidity and…

Crypto’s Quirky Automated Market Makers and How They Differ From TradFi Exchanges

[May 24, 2023 10:00 AM] Crypto exchanges have order books just like the NYSE, but the digital asset realm also offers something very different known as automated market makers (AMMs).

Multichain token plunges 30% on backend upgrade delay

[May 24, 2023 9:25 AM] The Multichain protocol’s TVL remains largely unchanged at $1.6 billion despite a large sell-off in the token.

Voltz Protocol Brings a Wall Street Rates Stalwart to DeFi

[May 24, 2023 8:00 AM] SOFR – which Voltz’s new product is tied to through the Avalanche blockchain – is used to set interest rates on TradFi loans, bonds and other products in the U.S.

Attackers Left Empty-Handed as Crypto Hacks Drop 70% in Q1 2023

[May 24, 2023 4:35 AM] Attacks and hacks on key protocols fell 70% in Q1 2023 compared to the same period in 2022 and were lesser than in any quarter last year.

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East

[May 23, 2023 10:12 AM] Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds.

Justin Sun Moves $4.3M of MakerDAO's Tokens to Binance: Blockchain Data

[May 23, 2023 7:24 AM] Tron founder Justin Sun’s potential sale of MakerDAO’s token – movements of tokens to an exchange often come before sales – coincide with the DeFi protocol’s controversial restructuring.

Aave V2 Users Temporarily Unable to Access $120M on Polygon After Governance Bug

[May 23, 2023 12:56 AM] All funds remain safe and a governance proposal is underway to update the faulty strategy, developers said.

Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report

[May 22, 2023 3:41 PM] The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe.

Bitcoin volatility drops amid decline in liquidity, but a possible catalyst is approaching

[May 22, 2023 3:30 PM] Bitcoin volatility has dropped as new liquidity is not flowing into the market, but on-chain data presents multiple reasons why BTC investors continue to hold.

DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June

[May 22, 2023 1:00 AM] Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.

Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%

[May 21, 2023 2:19 AM] A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.

DAO Treasuries Surge: From $8.8B to $21.5B in 90 Days, Marking a 144% Increase

[May 20, 2023 9:30 AM] According to archived records, 4,833 decentralized autonomous organization (DAO) treasuries held $10.8 billion on April 15, 2022. Over the course of 309 days, by February 19, 2023, the treasuries dwindled to $8.8 billion. However, during the past…