Latest DeFi News

Maple Finance Launches Cash Management Pool for US Treasury Yields
Maple Finance partnered with Room40 Capital, which will act as the only borrower through a special purpose vehicle (SPV).

Hundred Finance Hacked for Over $7 Million
Hundred Finance has disclosed that it has reached out to the hacker and is currently engaging with security teams to…

Uniswap Wallet App Gets Approval from Apple ios App Store
UNI token’s price surges 4.5% after Uniswap's mobile wallet is approved by Apple App Store.

Aave and Yearn Finance Suffers an Exploit
Aave protocol acknowledged the exploit noting it did not have an impact on Aave V2 and Aave V3.

Newly Launched Terraport Finance Suffers $2 Million Hack
Terraport allows users to swap Terra and UST tokens for LUNC and then burn them.

Arbitrum Community Issues Proposal to Return 700M $ARB to the DAO Treasury
The Arbitrum community asks the Foundation to pause the AIP1.1 and AIP 1.2 proposals until their demands are met.

SushiSwap suffers a $3.3 Million Exploit Due to Approval Bug
Sushi’s head developer, Jared Grey, alerted the community to revoke approvals immediately noting that recovery efforts are underway.

Staking Protocol EigenLayer Debuts on Testnet
The Ethereum Goerli network provides the foundation for the EigenLayer Stage 1 testnet's launch.

Matter Labs finds ‘elegant solution’ to Unfreeze 921 ETH – Stuck forever
Matter Labs says that the stranded 921 ETH are safe and will be recovered from the smart contract soon.

Trader Joe Ranks in the Top 5 Decentralized Exchanges List
The Avalanche-based decentralized exchange, Trader Joe, ranks in the top 5 decentralized exchanges (DEX) by trading volume. In an effort…

Treasury Department Identifies Illicit Finance Risks in DeFi Space
As per the United States, North Korea is a leading region to fuel illicit money laundering by DeFi.

Magic Eden Launches ETH Beta Along With 17 Launchpad Partners
For a period of six months, Magic Eden will offer royalties and a 2% fee to the partners of the…

Arbitrum unveils New Governance Proposals Following Community Backlash
Arbitrum’s AIP-1.2 proposal suggests using the DAO's capacity to modify the initial parameters in AIP-1 to take community feedback into…

zkSync’s DeFi Ecosystem Experiences Explosive Growth, with Deposits Exceeding $110M
As a new era of the DeFi ecosystem is about to start thanks to an increasing number of scaling solutions,…

Aave V3 to Deploy On BNB Chain to Expand Beyond Ethereum
Aave creator Mac Zeller's proposal stated that the deployment will expand Aave’s presence and tap into the “growing DeFi ecosystem…

Paima’s Deployment On Cardano to Make It Top Gaming Chain
The deployment will allow developers to build blockchain games on the Cardano ecosystem for free.

Euler Finance Attacker Returns All of the Stolen Funds
Euler Finance announced it will no longer be accepting any new information regarding the flash loan attack and the exploiter.

8 Addresses Stole Assets Worth $25.2 Million from 8 Uniswap Liquidity Pools
DeFi platform Uniswap faces a “sandwich attack” where 8 addresses stole assets worth $25.2 Million from 8 of its liquidity…

Jake Paul-promoted SafeMoon Compromised of Over $8 Million
PeckShield suggests the possibility of an admin key leak which eventually led to the compromise of SafeMoon.

Polygon Launches zkEVM Solution on Ethereum Mainnet
Polygon co-founders Sandeep Nailwal and Mihailo Bjelic noted that “zkEVM can be recognized as the ‘holy grail’ of blockchain scaling.”

Kokomo Finance Runs Away With Users’ Funds Through Exist Scam: Certik
The man behind the protocol has injected a malicious contract to transfer tokens to his own address.

Arbitrum Airdrop Goes Awry: $500K Stolen through Hacked Vanity Addresses
Reportedly, some opportunists stole $500K worth of tokens from an ongoing Arbitrum airdrop through hacked vanity addresses. Vanity addresses generally…

Render Network Look out for Solana Migration
The foundation would build its recently approved BME model on the Solana network.

DefiLlama Undergoes Fork Amid Internal Dispute
Llama Corp., the parent company of DefiLlama, stated on its Telegram channel that 0xngmi and a few team members have…

Euler Finance Attackers Denied $20M Offer and Mixed 1K ETH in Tornado Cash
After being bamboozled by a flash loan attack, Euler Finance were left licking their paws and rendered helpless as funds…

Arbitrum to Airdrop ARB Token and Transition to DAO
ARB Airdrop marks the official transition of Arbitrum into a Decentralised Autonomus Organization (DAO).

Uniswap’s V3 Successfully Launched on The BNB Chain
The crypto industry witnessed another integration of Uniswap with the largest crypto exchange Binance via an official announcement.

Halborn Reveals Fixed Bug in Dogecoin Network Still in 280 Networks
Halborn began evaluating Dogecoin in March 2022 and discovered a number of vulnerabilities that were resolved by the Dogecoin team.

Euler Finance Witnesses Flash Loan Attack, Largest Hack of 2023
A non-custodial DeFi protocol on the Ethereum network, Euler suffered a flash loan attack that allowed an attacker to steal…

MakerDAO Issues Emergency Proposal to Mitigate $3.1B USDC Risk
At 16:14 UTC today, the deployed parameter modifications that have been submitted by MakerDAO will take effect to reinforce the…