Latest DeFi News

Circle To Launch USDC On Polygon PoS Next Month
The leading stablecoin, USDC, will be directly minted on Polygon PoS with this integration.

Chainlink’s CCIP Goes Live On Base Mainnet
Projects including Raft, Nuon, Folks Finance, Polychain Monsters and others are already integrating Chainlink CCIP on Base.

Curve Founder Michael Egorov Closes Remaining Aave Position
Egorov deposits 68 million CRV to Silo and borrows 10 million crvUSD, prior to repaying his debt position on Aave.

Solana Friend.Tech Clone Nears $1M Volume Within A Week Of Launch
Friendzy records massive onchain activity within a week of its launch, in spite of Solana’s cold DeFi activity.

Arbitrum Moves $59M Of Unclaimed Tokens To DAO Treasury
With this latest ARB surplus supply, the Arbitrum DAO Treasury now holds more than $2.9 billion worth of ARB tokens.

Mixin Network Founder Admits 50% Assets Are Safe
Because of the breach, Mixin Network temporarily stopped people from depositing and withdrawing funds.

Mixin Halts Services After Losing $200 Million In Hack
The security team has stated that they are working together with Mixin to investigate the incident and determine how serious…

Uniswap Foundation Unveils DeFi Educational Platform
Uniswap University includes basic to advanced level of content to understand the DEX capabilities.

Linear Finance Suffers Attack, Hacker Drains All ℓUSD Liquidity
Attacker exploits Linear’s smart contract and mints an unlimited amount of collateral tokens for ℓUSD.
Base Introduces ‘Pessimism’ To Detect DeFi Protocol Threats
Coinbase team has been running Pessimism on Base since its mainnet launch, now it is launched as free and open…

Wormhole Enables Native USDC Transfers on Four Blockchains
Originally launched exclusively on Ethereum, USDC has since expanded to other networks.

Balancer Domain Hijacked, $238k Worth Of Crypto Stolen
Hackers stole $238k of crypto assets from users by taking over the Balancer website and integrating a look-alike frontend.

Apecoin Proposes ‘Sister DAO’ Community Vault For Buying NFTs
Created by Animoca Brand official Yat Siu, the proposal aims to form a NFT Community Vault to purchase cultural NFTs…

Ethereum To Launch Holesky Test Network on Merge Anniversary
Ethereum's Enhanced Testnet is set to Replace Goerli in 2024 with 1.4 million validators.

Sushi Enhances Cross-Chain Swaps With Chainlink CCIP
Sushi is integrating with Chainlink CCIP, which brings powerful capabilities like Arbitrary Messaging, Token Transfer, and Programmable Token Transfer to…

ANZ Australia Used Chainlink CCIP To Purchase Tokenized Asset
The demonstration will help the bank to understand the technical interoperability of ANZ's digital asset services technology stack with CCIP.

Cosmos Introduces Liquid Staking For ATOM In Latest Upgrade
With this much awaited upgrade for the Cosmos community, ATOM holders can now liquid stake their tokens directly on Cosmos…

Sui Launches ZkLogin To Access dApps Through Google & Facebook IDs
Users can now log into dApps on Sui Network using their traditional web IDs.

BNB Chain’s Optimism Stack Enabled opBNB Launches On Mainnet
Another major layer 2 network goes live with the rising adoption of Optimism’s OP Stack.

Fabian Vogesteller’s Lukso Blockchain introduces Universal Profiles
Manage NFTs, Social Interactions, and Payments in One Profile.

Airdrop Hunter Develops DeX and 21,877 Sybil Wallets
The mastermind also inflated the fake tokens' value by adding liquidity to the pool.

SushiSwap Expands To Aptos, Breaks EVM Chain Barrier
Initially, SushiSwap is introducing its v2 Automated Market Maker (AMM) by utilizing Aptos' Move programming language.

Crypto Whale Lost $24M Worth stETH and rETH In Phishing Scam
Onchain data reveals the hacker has transferred 701 ETH to the crypto mixer Tornado Cash.

Vitalik Buterin Proposes “Privacy Pools” to Protect Privacy
Privacy pools that make use of zero-knowledge technology could theoretically solve the issue of compromising between need for privacy and…

Consensys is Preparing for Cross-Chain Metamask Snaps
Snaps will serve as a communication layer so that its users stay informed and engaged with the latest updates.

dYdX To Launch Decentralized Order Book Exchange On Cosmos
Charles d’Haussy, CEO of dYdX, at the Korea Blockchain Week 2023, spoke about dYdX’s plans to introduce decentralized order books…

PUBG Publisher Krafton Unveils Cosmos-based Chain
The cosmos-based chain will use USDC as primary currency for its creator centric ecosystem.

Base Suffers Its First Major Outage, Halts For Over 43 Minutes
Coinbase’s layer 2 blockchain network halts block production in the major outage.

OP Stake Adoption Rises Among L2s And Application Chains
The OP Stack ecosystem is reaching a cumulative valuation of over $3 billion.

Oracle Provider Chronicle To Expand Outside MakerDAO Ecosystem
The Ethereum based oracle provider is expanding with its upcoming launch on Polygon zkEVM.