[Mar 23, 2023 5:47 AM] The network’s early success was a double-edged sword as the large number of transactions resulted in network congestion and rising transaction fees, the report said.
[Mar 23, 2023 5:30 AM] Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to…
[Mar 23, 2023 12:00 AM] On Wednesday, the multichain wallet Bitkeep announced it raised $30 million from the crypto derivatives platform Bitget. Bitkeep now has an overall valuation of $300 million, with goals aimed at strengthening the links between decentralized finance…
[Mar 22, 2023 2:00 PM] The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past…
[Mar 22, 2023 1:00 AM] Swiss commodities trading firm Muff Trading AG issued corporate bonds using Obligate’s decentralized finance platform, which is set to open to the public on 27 March.
[Mar 21, 2023 10:30 PM] On Monday, U.S. president Joe Biden published the administration’s economic report and addressed the subject of cryptocurrencies. The section titled “The Perceived Appeal of Crypto Assets” describes the currencies as “mostly…
[Mar 21, 2023 2:00 PM] Crystal Blockchain, a company that provides blockchain data and analytics, published a study covering security breaches, fraud, and scams related to cryptocurrency and decentralized finance (defi). According to the study, approximately $16.7…
[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…
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