Latest DeFi News

SphereX Secures Investment from SNZ Holdings
Cryptocurrency exchange SphereX, focused on decentralization, has closed an investment round with SNZ Holding. This capital comes as a follow-on…

Seneca Protocol Suffers $6 Million Exploit
The decentralized finance (DeFi) protocol Seneca was exploited for roughly $6.4 million in user funds on February 25th. The hacker…

Ether.fi Secures $23M in Series A Led by Bullish Capital
In 2024, Ether.fi, powered by EigenLayer, surged 15x to $1.7B TVL, with 71K wallets holding eETH, marking remarkable growth in…

Gauntlet Teams Up with Morpho After Leaving Aave Platform
MorphoBlue empowers risk managers to independently build and oversee lending protocols.

Blast TVL Hits $2 Billion Ahead of Feb 29 Mainnet Launch
Most of the locked funds represent Ethereum holders eagerly anticipating an airdrop of Blast tokens.

Ethena Labs’ Shard Campaign Heats Up with Epoch 2
With Ethena Labs' Shard Campaign gaining momentum, Epoch 2 users are now offered new ways to interact and earn rewards.…

Uniswap Foundation Suggests UNI Token Rewards
The upgrades are intended to encourage more deliberate, involved, and proactive delegation

Uniswap launches ENS-based ‘uni. eth’ Subdomains
Uniswap enables gasless 'uni. eth' subdomains for human-readable addresses.

DeFi Protocol Blueberry Pause Lending Amid Mystery Exploit
Users encountered difficulties accessing the platform, with reports of the front end being inaccessible.

Risk Management Firm Gauntlet Ends Relationship With Aave
Gauntlet ends a 4-year risk management deal with lending protocol Aave, citing frustrations navigating decentralized governance.

Mask Network Hits $100 Million Fund for Decentralized Social
Mask Network and Firefly launch a $10M initiative, accelerating decentralized social protocols' development.

Crypto Exchange FixedFloat Lost $26 Million In Exploit
Hackers targeted FixedFloat's automated system, stealing 409 bitcoins and over 1,700 ethers worth $26 million.

UK’s MDIM to Invest $500K in Life DeFi for Retail Access
Based on a report, UK asset manager MDIM Holdings, based in the UK, has stated it would invest US$500,000 in…

Uniswap v4 Launch Set for Q3 After Ethereum’s Dencun Upgrade
At the same time, the decentralized exchange (DEX) will be launched on the testnet while final adjustments are made.

Unauthorized Curve Finance App Surfaces on Apple’s App Store
Apple does not prohibit developers from publishing crypto apps, although it imposes certain licensing criteria for apps under review.

Citi Bank Tests Private Equity Tokenization on Avalanche
Smart contracts in Citi Bank's trial boost automation, compliance, and operational efficiencies for investors and issuers.

Samczsun Leads Security Alliance to shield white hat hackers
Security Alliance, backed by $1M+ in donations including $500K from Ethereum's Vitalik Buterin, seeks legal protection for ethical hackers.

Angel Drainer Siphons $403K with Deceptive Smart Contract
Blockaid informed Safe about the attack and was actively engaged in minimizing any further harm.

Puffer Finance Hits $850 Million TVL, Ranks 2nd in Restaking
As of february 13, its TVL crossed the $913 million mark, trailing behind the market leader either.fi, which boasts $1.12…

Polygon Launches Type 1 Prover for EVM Chains
Polygon has introduced its type 1 prover technology, which will be released later this year. The prover will enable EVM-compatible…

Jito Foundation Empowers New Governance Leaders with 12 Million Tokens
Lucas Bruder of the Jito Network highlights the initiative's aim to rejuvenate Solana's governance.

Optimism to Stop ETH Withdrawals for 1 Hour Next Week
Specifically, withdrawals of ETH from the Layer 2 network to the Ethereum mainnet will be temporarily stopped.

DeFi Platform Pendle Nears $1B Total Value Locked Milestone
In a recent expansion onto the BNB chain, Pendle has introduced products enabling users to utilize real-world assets (RWA).

Omega Raises $6 Million to Unlock Bitcoin’s DeFi Potential
According to a report, DeFi platform Omega has raised $6 million to offer yield farming opportunities for Bitcoin holders. This…

Frax Finance Unveil Fraxtal Layer 2 Blockchain & FXTL Points
Currently, the Fraxtal testnet and mainnet are accessible to selected launch partners, with ordinary users set to join the chain…

Orby Network Introduces First Interest-Free Borrowing
The Cronos-based protocol for crypto lending, Orby Network has introduced interest-free borrowing of $USC. As a result, Orby’s native stablecoin…

Friendzone Set to Revolutionize Social Networking on Polygon
CEO Kevin Lu unveils Friendzone's unique user-friendly interface complemented by LayerSocial.

EigenLayer Protocol Hits $3.4B TVL in Ethereum Restaking
EigenLayer prioritizes transparency, community input, and governance safeguards, setting a standard for decentralized platforms.

Chainlink and Protocol Labs Unite for Tech and DeFi Growth
Chainlink Labs, the main owner of the decentralized computer platform, aims at basic relationships between Chainlink Labs and Protocol Labs…

Sui’s DeFi Ecosystem Skyrockets Over 1000% in 4 Months
Sui, a leading Layer 1 blockchain created by former Meta developers, has seen massive growth in its decentralized finance (DeFi)…