[Mar 20, 2023 1:30 PM] With the crypto economy experiencing significant gains over the past week and the price of ethereum rising 11.9%, the market capitalization of Lido’s staked ether has increased to $10.3 billion. This recent increase has propelled the…
[Mar 20, 2023 6:15 AM] The current environment is the perfect setting for the decentralized financial system to stand out as an alternative to traditional banking, the report said.
[Mar 20, 2023 4:30 AM] DWF Labs purchased $15 million worth of Synthetix's native token SNX on March 16 with a further purchase of $5 million to follow.
[Mar 15, 2023 5:00 PM] Following the closure of Silicon Valley Bank (SVB), the value of the world’s fifth-largest cryptocurrency, USD Coin (USDC), plummeted to an all-time low on Saturday. The U.S.-based company behind the coin, Circle, revealed that $3.3 billion…
[Mar 13, 2023 4:00 PM] Euler Finance, a decentralized finance (DeFi) lending protocol on Ethereum, has lost approximately $200 million through a flash loan hack. This loss makes it the biggest DeFi hack in 2023. Euler Finance’s $200 Million Exploit On Mar. 13…
[Mar 11, 2023 12:30 PM] On March 11, 2023, the decentralized finance project Makerdao issued an emergency proposal following the USDC depegging incident that saw the stablecoin dip down to $0.877 per unit. At the time of writing, Makerdao commands $3.1 billion in USDC…
[Mar 9, 2023 12:00 PM] The Hedera Network services are experiencing a critical moment with an ongoing exploit that compromises the network’s tokens after discovering irregularities affecting various Hedera dApps, Liquidity Pool (LP) tokens, wrapped tokens, and…
[Mar 9, 2023 6:20 AM] Putting the global crypto market’s ubiquitous downward trend aside, Lido Finance (LDO) token has been moving in a bearish direction over the past week. While the universal bearish trend could have contributed to LDO’s downward trend in the…
[Mar 8, 2023 3:00 PM] MakerDAO, one of the first and largest DeFi protocols on Ethereum, is raking in millions of dollars. Even as it remains successful, the decentralized money market is under immense pressure from its community. MakerDAO Makes $2.1 Million On March 8…
[Mar 7, 2023 7:33 AM] DeFi lending platform Tender.fi sees $1.59 million of assets drained by alleged white hat hacker taking advantage of a misconfigured oracle.
[Mar 6, 2023 10:30 AM] In the wake of significant collapses in centralized finance (CeFi) platforms, the crypto industry is witnessing a significant shift in funding from CeFi to decentralized finance (DeFi) platforms, according to a recent report by CoinGecko. The…
[Mar 5, 2023 7:13 AM] In a recent report, Brave Browser said that over 11% of BAT, their native token, is being actively utilized in DeFi protocols, mainly in Uniswap and Compound. BAT Usage In Compound, Uniswap, And Aave Brave, a privacy-focused browser that rewards…
[Mar 5, 2023 3:00 AM] On March 4, the decentralized exchange Pancakeswap announced that the team plans to launch its version three (v3) iteration of the platform during the first week of April 2023. Pancakeswap v3 will provide new features and improve liquidity…
[Mar 4, 2023 3:00 PM] On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple…
[Mar 3, 2023 2:00 PM] According to statistics, the number of bitcoin bridged to the Avalanche blockchain saw a significant inflow on March 2, as more than 2,000 bitcoin were bridged on that day. Data further shows that as of Friday, March 3, a total of 8,504 bitcoin…
[Mar 2, 2023 12:30 PM] During the past 30 days, the total value locked (TVL) in Lido Finance’s liquid staking protocol increased by 10.57%, with 7.56% of the increase occurring within the last seven days. The protocol’s dominance in decentralized finance…
[Mar 2, 2023 4:00 AM] While centralized exchanges are thought to be safer and more efficient, proponents of decentralized platforms like Tim Shan insist that user experience on decentralized exchanges has improved. In addition, inherent benefits associated with…
[Mar 1, 2023 7:30 AM] SushiSwap, a popular multichain decentralized exchange (DEX), burns approximately $5 million annually, its chief chef, Jared Grey, revealed on February 28. SushiSwap Holds $30.6 Million Worth Of Digital Assets In a tweet, Grey said the protocol…
[Feb 28, 2023 8:30 AM] DeFiLlama, a DeFi-centric data analytics platform, has released LlamaZip, a router for Uniswap v3 on Optimism, an Ethereum layer-2. LlamaZip To Reduce Swapping Costs In a tweet on February 28, the team said LlamaZip significantly reduces gas costs…
[Feb 27, 2023 4:23 AM] BNB Chain-based DeFi protocol LaunchZone claims an exploit led to $700,000 of funds being drained from its liquidity pool, with its native token plunging in value
[Feb 27, 2023 12:00 AM] Despite the sanctions on the crypto mixing service, the bad actors behind January’s biggest exploit have deposited millions worth of funds into Tornado Cash.
[Feb 25, 2023 3:00 PM] The Solana smart contract token network experienced a technical glitch on Saturday, February 25, 2023, known as a “large forking event,” causing transaction failures for some users. Solana’s incident report referred to it as…
[Feb 25, 2023 11:00 AM] The value of the crypto market has started to slide again after a bullish run-up over the last seven weeks. The total value locked (TVL) in decentralized finance (defi) has slipped below the $50 billion mark to $49.8 billion. The TVL in defi has…
[Feb 24, 2023 7:20 PM] The counter exploit came after the High Court of England and Wales ordered Oasis.app to work with Jump Crypto to retrieve the stolen funds.
[Feb 23, 2023 12:30 PM] Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours. …
[Feb 23, 2023 11:30 AM] DeFi token Ankr (ANKR) is one of the best-performing cryptocurrencies in the market presently, gaining 60% in two days. This impressive price rally occurred following an announcement of Ankr’s innovative partnership with American technology giant…
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