45 / 55 Relevant items tagged with #DeFi

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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…

Vega Token Rallies Ahead of Protocol Possibly Going Live Monday

[May 19, 2023 11:01 AM] The platform is awaiting an expected approval from the community, says Vega’s co-founder.

Lido’s ETH Deposits Reach Record High Amid Stagnant stETH Withdrawals

[May 19, 2023 8:30 AM] Lido (LDO), the leading liquid staking derivatives (LSD) protocol, recently made waves in the crypto community by enabling staked ETH (stETH) withdrawals. Expectations were high as many anticipated a surge in stakers unstaking their ETH. However…

Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June

[May 19, 2023 6:35 AM] The upgrade would bring enhancements to sidechains and bug fixes.

CeFi Users Want To Explore DeFi: Uniswap Survey Uncovers New Wave Of Adoption

[May 18, 2023 1:00 PM] Uniswap Labs, a leading decentralized finance (DeFi) platform, has recently conducted a survey to understand the motivations and barriers of US-based retail users towards DeFi. The survey received 1,860 responses, including non-crypto, centralized…

Lava Introduces Self-Custody Wallet And Bitcoin DeFi Platform At Bitcoin 2023

[May 18, 2023 10:54 AM] Lava, a financial technology company, has unveiled a new self-custody wallet and decentralized finance (DeFi) platform on Bitcoin. Utilizing Lava's loan protocol, users can borrow stablecoins against native bitcoin, eliminating the risks associated…

Lido Community Members Propose LDO Token Staking and Buyback Plan

[May 18, 2023 2:26 AM] The proposal includes a revenue-sharing parameter that would redirect 20-50% of “future Lido DAO revenue from the protocol treasury to stakers of $LDO.”

Uniswap And Polkadot Join Forces To Boost Decentralized Trading Volume, Here’s How

[May 17, 2023 7:00 PM] Polkadot has announced that Uniswap, the most important decentralized exchange (DEX) in terms of daily traded volume, is coming to its ecosystem via the Moonbeam Network parachain. This development is expected to significantly increase volume and…

SUSHI Down 45%: What’s Driving the Decline?

[May 17, 2023 5:30 PM] The price of SUSHI, the native token of SushiSwap, a decentralized exchange, is down 45% from February 2023, when prices peaked at $1.63, the highest level in six months. SushiSwap Token Redesign This contraction is despite the successful…

DeFi Must Get Easier to Use to Win Over Retail Customers, Uniswap Survey Finds

[May 17, 2023 11:30 AM] Uniswap found that many respondents are put off by the complexity and cost of on-chain trading.

Cashtokens Take Center Stage Following Bitcoin Cash Upgrade: Over 26,000 Tokens Created

[May 16, 2023 3:30 PM] Following the recent Bitcoin Cash upgrade on Monday, data reveals that approximately 1,308 fungible tokens and 25,336 non-fungible tokens (NFTs) have emerged on the blockchain. Moreover, the Cashtokens token ecosystem is now accessible through the…

DeFi’s Rising Star: Why Rook DAO Is The Best-Performing Token Of 2023

[May 16, 2023 12:30 PM] Rook DAO, a decentralized autonomous organization (DAO) operating in the decentralized finance (DeFi) space, made headlines recently as it executed a “rage quit” that resulted in a significant price surge for its native token, ROOK. The…

Origin Protocol Enters Competitive Ether Yield Market With OETH Offering

[May 16, 2023 10:00 AM] OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols such as Curve Finance.