43 / 48 Relevant items tagged with #defi

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Ethereum Bot Gets Attacked for $20M as Validator Strikes Back

[Apr 3, 2023 4:56 AM] One of the major Ethereum MEV (maximal extractable value) bots has been targeted in an attack, allegedly by an Ethereum validator.

Unbound Finance Will Soon Allow Stablecoin Borrowing Against Uniswap LP Positions on Arbitrum

[Apr 3, 2023 4:47 AM] With Unbound, Uniswap V3 LPs can borrow Unbound’s stablecoin, UND, interest-free, secured against their concentrated liquidity positions.

Locked Value Climbs on zkSync Era Climbs Past $100M

[Apr 3, 2023 2:58 AM] Ether and USD Coin dominate locked tokens on the upstart network.

Arbitrum to break up governance votes after community backlash

[Apr 2, 2023 9:20 PM] The Arbitrum Foundation has backtracked on a controversial proposal and ratification vote that gave it control of a huge chunk of tokens.

BLUR Token Plummets Over 28% in March, Despite Blur’s Dominance in NFT Sales Market

[Apr 2, 2023 7:30 PM] While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than…

Value Locked in Defi Holds the Line at $50B, After Temporarily Shedding $8B in Mid-March

[Apr 2, 2023 10:00 AM] The total value locked (TVL) in decentralized finance (defi) during the first week of April is about $50 billion, roughly the same as on March 1. The value locked dropped to $42 billion on March 12 but has since rebounded as protocols such as Lido…

USDC's Depeg Laid Bare the Risks Traditional Finance Poses to Stablecoins

[Apr 2, 2023 8:16 AM] A Moody's analyst examines how the recent banking crisis spilled into crypto, and why alternatives to stablecoins like tokenized bank deposits and CBDCs may be needed to prevent contagion.

Decentralized Liquidity Platform Synthetix Sees Jump in Fees Collected Amid Incentive Campaign

[Mar 31, 2023 12:05 PM] Synthetix generated more than $730K in fees on March 30 ahead of the start of its allocation of 200,000 OP tokens to traders.

Bitcoin And Ethereum Correlation At A Staggering 97%, BTC Rally Incoming?

[Mar 31, 2023 3:11 AM] As Q1 2023 comes to a close, the Bitcoin and Ethereum correlation stands at a staggering 97%, trackers indicate. The Bitcoin And Ethereum Price Correlation Bitcoin and Ethereum are the world’s most valuable coins by market cap. Because of their…

Shiba Inu's Testnet 'Puppynet' Sees Rising Activity Ahead of Shibarium Mainnet

[Mar 31, 2023 3:02 AM] Over 700,000 transactions have been conducted on the testnet so far, which, however, isn’t extremely large relative to the hype.

Circle’s USDC Remains Dominant in DeFi as Pressure Eases on the Stablecoin

[Mar 30, 2023 5:13 PM] USDC, the key stablecoin in decentralized finance, temporarily lost its dollar peg earlier this month after the collapse of its key banking partner.

CAKE Remains Under Pressure Despite PancakeSwap Dominating BSC

[Mar 30, 2023 5:30 AM] CAKE, the utility token of the decentralized exchange, PancakeSwap, remains under pressure days after the Uniswap community voted to launch the exchange on the BNB Smart Chain (BSC), a smart contracting platform. Uniswap v3 went live on the BSC on…

Dragonfly Leads $6.5M Round for Aptos Protocol Econia Labs

[Mar 29, 2023 7:28 AM] The startup offers an order book protocol for decentralized finance (DeFi) in the Aptos ecosystem.

Iota Releases Shimmer Public Test Chain Ahead of Native Ethereum Virtual Machine Launch

[Mar 29, 2023 6:51 AM] The public testnet will help developers improve the resilience, performance, and security of ShimmerEVM.

DeFi Platform Lido to Cease Staking on Polkadot, Kusama in August

[Mar 29, 2023 4:56 AM] Decentralized finance staking service Lido has passed a governance vote to sunset its staking program with Polkadot and Kusama.

Safemoon LP Exploited for $8.9M; SFM Tokens Remain ‘Safe,' CEO Says

[Mar 28, 2023 11:58 PM] A publicly-available token burn function in the contract allowed attackers to manipulate the protocol, some said.

Crypto Exchange Mango Markets Considers Raising Interest Rates for Popular Tokens

[Mar 28, 2023 8:14 AM] Only the pool for borrowing and lending SOL tokens would be impacted by the proposed changes.

AllianceBlock Strikes Deal With Crunchbase to Bring Traditional Business Data to DeFi

[Mar 28, 2023 7:00 AM] AllianceBlock, a blockchain-agnostic platform, has signed a deal with business data provider Crunchbase to import traditional finance data into the DeFi ecosystem.

EOS Ethereum Virtual Machine Testnet Goes Live Ahead of April Mainnet Deployment

[Mar 28, 2023 2:08 AM] The network is the final testnet before a mainnet deployment in April as part of a broader revival plan for EOS.

Hacker Behind $200M Euler Attack Apologizes, Returns Millions in Ether, Dai to Protocol

[Mar 28, 2023 1:42 AM] The attacker sent over 7,000 ether to Euler Tuesday and seemingly apologized for their actions in a transaction message.

Lending Platform MakerDAO Approves ‘Constitution,’ Moves Forward With ‘Endgame’ Plan

[Mar 27, 2023 11:34 AM] The approved proposal aims to set a new foundation for the largest decentralized lending protocol’s major restructuring called “Endgame.”

Euler (EUL) Up 25% As Hacker Returns 51,000 ETH From Stolen Loot

[Mar 26, 2023 4:54 AM] EUL, the native token of the DeFi lending protocol Euler Finance, is currently experiencing an impressive price rally driven mainly by news of the protocol recovering some of the stolen funds from the $200 million hack that occurred earlier this…

Arbitrum Tokens Rack Up $2B in Trading Volume, Analysts Point to Growth Ahead

[Mar 24, 2023 6:34 AM] Integration into Arbitrum’s wider DeFi system could provide some new impetus for bullish sentiment for ARB tokens, one exchange executive said.

Cosmos-Based DeFi Protocol Quasar to Start Mainnet After Raising More Than $11.5M

[Mar 23, 2023 12:00 PM] Quasar is optimized for managing DeFi investments across multiple blockchains.

Regulation still key for the evolution of CeFi: Paris Blockchain Week

[Mar 23, 2023 8:20 AM] Regulatory considerations are front and center as a panel of cryptocurrency industry insiders unpacks the current state of CeFi and DeFi in Paris.

Radix Tokens Raises $10M Ahead of Introducing Smart Contract Capability

[Mar 23, 2023 8:00 AM] The funding round was led by market maker and investment firm DWF Labs and gives the firm a valuation of $400 million.

Ethereum Network DRPC Aims to Quell Centralization Risks Ahead of Shanghai Upgrade

[Mar 23, 2023 8:00 AM] DRPC developers say Ethereum remains dependent on a few major centralized RPC players, which undermines ecosystem sustainability and security.

Arbitrum Users Claim 42M ARB Tokens in First Hour of Airdrop

[Mar 23, 2023 7:57 AM] Users likely claimed the tokens by interacting with the smart contract directly as blockchain scanners and the website were temporarily down.

Arbitrum's ARB Token Trades at $3.99 as 625,143 Wallets Receive Airdrop

[Mar 23, 2023 7:12 AM] The long-awaited Arbitrum token (ARB) made its trading debut Thursday as volatility spiked on decentralized exchanges.

Arbitrum Site, Blockchain Scanner Down Ahead of ARB Airdrop

[Mar 23, 2023 7:06 AM] The front-ends were down amid massive interest from traders.