Latest DeFi News

OkayCoin Introduces Crypto Staking Services to South Korea
OkayCoin, a global cryptocurrency exchange, has officially launched its staking services in South Korea aiming to meet the growing demand…

Bitoro Team up with Injective Protocol for Perpetual Futures Trading
Bitoro Network, a top perpetual futures trading platform, has announced its partnership with Injective, a Web3 finance platform. From the…

UwU Lend Suffers Second Hack in a Week, Losing $3.7 Million
Despite these assurances, today's attack highlights ongoing security challenges for the protocol.

zkSync Airdrop Faces Backlash Over Lack of Sybil Defenses
To qualify, users must meet certain criteria, such as interacting with smart contracts, trading ERC-20 tokens, or participating in decentralized…

TipLink Unveils New Solana Wallet Integrated with Google
By connecting the wallet to a Google account, TipLink significantly reduces the barrier to entry for potential crypto users

Uniswap Labs Elevates Gaming with ‘Crypto: The Game’ Purchase
Uniswap Labs saw a busy year, launching UniswapX, submitting v4 for security review, introducing Uniswap Wallet, and expanding blockchain support.

Polyhedra Announces $1.13M Staking Program for ZKJ Holders
The total rewards include 50,000 ETHFI tokens for weeks one and two, 400,000 ID tokens for week three, and 50,000…

Uniswap Labs Appoints Minarik as Chief Legal Officer
Uniswap Labs has appointed former Coinbase legal executive Katherine Minarik as its new chief legal officer (CLO). Minarik assumed the…

FLOKI Launches Floki Name Service on BNB Chain Mainnet
Users have to visit the official website on the BNB Chain mainnet and have to connect their compatible wallet to…

Polkadot Treasury Fuels Hydration DeFi Project with $14.4M
This effort will reward different assets like stablecoins, DOT, BTC, and other ecosystem cryptocurrencies.

ZKNation Launches Governance Hub for ZKsync Protocol
High throughput and low fees have made ZKsync crucial in making Ethereum accessible to everyone.

Coinbase Base Crosses $8B TVL Surpasses Optimism OP Mainnet
Base processed 64.95M transactions in the last month, leading Ethereum layer 2s with 30.36 TPS, surpassing Arbitrum One's 23.52 TPS.

dWallet Integrates Aptos to Unlocks Multi-Chain DeFi and Gaming
The dWallet Network recently announced its integration with the Aptos blockchain, by introducing dWallet’s inventive Zero Trust Protocols (ZTPs) to…

DeFi TVL Reaches $192B in May Amid Decline in Active Wallets
The total value locked (TVL) in decentralized finance (DeFi) applications surged to $192 billion in May, the highest since February…

Vitalik-Backed Nocturne Protocol Announces Gradual Shutdown
Nocturne's shutdown follows $6M funding, amid increased regulatory scrutiny on privacy protocols, without explicit reasons given.

Coinbase Introduces Smart Wallet to Boost DeFi Adoption
The wallet addresses common DeFi challenges, such as managing balances across multiple wallets.

Uniswap Launch Privacy Upgrade Amid Governance Vote Delay
The decentralized exchange giant Uniswap recently launched an upgrade that focuses on privacy, sparking the attention of the cryptocurrency community.…

Linea Exploit Reveals Decentralization Flaws in Ethereum L2s
Gluchowski emphasized that Linea's halt underscored decentralization's urgency after resuming block production.

Uniswap Foundation Delays Vote on Staking Rewards
The Uniswap Foundation has decided to postpone the highly anticipated vote that would have moved the decentralized exchange closer to…

Metaplex & Mutant Labs Launch DeFi Framework on Solana
Metaplex Foundation has introduced MPL-404, a framework and on-chain protocol focused on hybrid decentralized finance (DeFi). This initiative establishes “SPL-404…

Stride and Namada Partners To Enhance Data Privacy for Liquid Staked Assets
Stride's major LSTs will be eligible for both staking rewards and NAM shielding rewards.

P2P.org New API Enables Direct Ether Restaking on EigenLayer
The new Restaking API integrates with P2P.org’s existing Ethereum API, allowing intermediaries to both stake ETH and restake it on…

Uniswap to Vote on New Fee System After Revealing Finances
At the end of Q1 2024, Uniswap Foundation made a financial disclosure indicating its worth in both fiat money and…

Hyperliquid Launches Mainnet With New Spot Trading Feature
Hyperliquid, a decentralized exchange for trading perpetual futures contracts, has officially released its highly anticipated mainnet. This major launch includes…

OKX Unveil DYDX On-Chain Earn with Hassle-Free Subscriptions
Starting at 13:00 am UTC on May 23, 2024, OKX will introduce DYDX subscriptions on On-chain Earn, providing users with…

Single Multisig Wallet Hack Could Drain 12 Ethereum L2s
The team is aiming to improve multisig security by requiring 5/7 signatures to bolster blockchain safety and decentralization.

Uniswap Counters SEC’s Wells Notice, Defends DEX Operations
Uniswap Labs argues that the SEC's attempt to classify their DEX as a securities exchange stretches the regulator’s jurisdiction.

Hex Trust Launches USDX Stablecoin on Flare with Clearpool
USDX, a key DeFi element on Flare, is backed 1:1 with USD or equivalent assets in Hex Trust's ecosystem.

XLink Bitcoin Bridge Resumes After $10M Hack Recovery
The attacker exploited compromised private keys via a phishing scheme, and withdraw around $4.3 million without authorization.

Notcoin Launches on TON Blockchain with 80B Token Airdrop
In total 7,953,370,000 tokens are redeemable by NFT voucher holders. The total supply of NOT is 102,719,221,714 tokens.