Latest DeFi News

Gitcoin Announced Mainnet Launch of L2 Public Goods Network
The PGN network is EVM-compatible and offers functionalities similar to OP mainnet.

Lending Protocol EraLend Suffers $3.4M Exploit
A DeFi lending protocol on zkSync, EraLend is reportedly attacked by hackers leading to loss of $3.4 million in USDC.…

Parrot Protocol on Solana Criticized for its ‘Kill Token’ Proposal
The project previously raised $85 million through the IDO.

Connext and Alchemix Unveil XERC-20 Token Standard for Bridge Security
A newer implementation of xERC-20 token standard benefits its issuers with ultimate control.

Polygon ID Comes to Ethereum Following Rarimo Integration
An interoperability protocol, Rarimo is making Polygon ID available on Ethereum. Polygon ID’s integration with Rarimo will allow it to…

Hacker Drains 1700 ETH From DeFi Protocol Conic Finance
The hacker stole 1700 ETH from the protocol, worth roughly over $3.2 million.

Wormhole Launches Gateway for Cosmos Appchains
Connect Liquidity and Users from 23 Blockchains to Any Cosmos Appchain with Gateway.

Polygon Got A Model of Governance with ‘Ecosystem Council’
A well-known firm, Polygon has announced its reimaged ecosystem, and with it comes the need for an evolved governance model.…

AnubisDAO’s Rug-Pulled 13.5K ETH Vanishes on Tornado Cash
The 13,556 ETH stolen funds were divided and transferred in multiple 100 ETH transactions by the responsible individual or group.

DEX Uniswap Launches UniswapX Protocol
A renowned decentralized exchange (DEX), Uniswap has recently introduced UniswapX, a permissionless and open-source protocol. This groundbreaking protocol allows trading…

Hackers Target Multichain Users With Fake Twitter Account
The imposter account targest users with fake refund claims.

ZkSync Introduces Mass-Usable STARK Proof System
zkSync's Boojum revolutionizes Ethereum scaling with its STARK technology on consumer-grade GPUs.

Mantle Network Launches Mainnet Alpha at EthCC
Accelerating Ethereum Layer 2 Adoption with Faster Transactions and Lower Fees.

Ethscriptions Main Marketplace Hit by Hackers
Ethscriptions' creator reports a hacking incident resulting in the theft of around 200 unique digital objects on Ethereum.

Aave’s GHO Stablecoin Launches on Ethereum Mainnet
According to the Aave, anyone can create GHO by using their assets as collateral in the Aave Protocol V3 Ethereum…

Polygon Proposes MATIC Upgrade to Protocol Token POL
Polygon 2.0 Initiative to Boost Ethereum Scaling Solutions and Security Measures.

The Largest DEX Uniswap Is Now Live On Avalanche
By supporting the Avalanche network, Uniswap provides users with the flexibility to trade cryptocurrencies and NFTs on various networks.
BNB Beacon Chain Hard Fork Adds Feature To Halt Blockchain
BNB Beacon Chain's Hard Fork Implements 'Panic' Halt Feature for Blockchain Protection to Enhance Security Measures.

Mint NFTs That Reward You For ETH Staking On Ether.fan
The platform ensures secure transactions through encrypted validator keys, allowing users to participate in Ethereum's growth while maintaining control over…

GHOAave on the Ethereum Mainnet is Now Live
Aave DAO introduces GHO stablecoin on Ethereum Mainnet, featuring Aave V3 and FlashMinter facilitators, revolutionizing borrowing on the Aave Protocol.

Arcadia Finance Suffers $455K DeFi Hack on Two Networks
Code Vulnerability Allows Hackers to Drain Arcadia Finance Vaults.

DeFi Disrupted: Abracadabra DAO Contemplates Centralized Shift
Acknowledging decentralization, the post highlights the need for a centralized legal structure to ensure stability.

Aave Holders Vote on Governance Proposal for ETH Conversion
Aave’s Governance voting for the conversion of 1,600 ETH ends on Friday.

PancakeSwap v3 Launches on Polygon zkEVM With Rewards & Points
PancakeSwap v3 on Polygon zkEVM revolutionizes the trading and liquidity provision experience.

DSA Introduces Golden Gate, Reducing Storage Cost by 40%
This groundbreaking launch aims to significantly reduce the costs linked with decentralized file storage by nearly 40%.

Coinbase’s Ethereum Layer 2 Solution ‘Base’ Set to Mainnet Launch
The base team fulfills 4 of 5 criteria for mainnet launch, but no date announced yet.

Tezos to Boost TPS by 8x Following ‘Nairobi’ Upgrade
Nairobi upgrade allows Tezos to process an impressive Eight million transactions per second.

BlackRock’s Crypto Perspective – DeFi Faces a Long Wait
The crypto horizon unfolds as BlackRock grapples with the potential of decentralized finance, emphasizing the role of regulatory hurdles in…

Starknet Nears EVM Compatibility with Kakarot Testnet Launch
Bridging the Gap: Kakarot's zkEVM brings EVM compatibility to Starknet, empowering a seamless transition for Ethereum developers.

NFT Creator Platform Zora Launches Ethereum Layer-2 Network
Over the last six months, Zora has been increasingly pushing against the upper limits of Ethereum mainnet, noted Jacob Horne,…