Latest DeFi News

DEX Implodes with Record-Breaking Trading Volume due to USDC depeg
Major defi crypto exchanges, Uniswap and Curve have seen recorded trading volume over the weekend after the USDC de-pegging issue…

EOS Roadmap Leading toward its EVM Launch in April
The EOS Network Foundation's EVM provides a big opportunity for developers that wish to create EVM sooner and be first-to-market.

PancakeSwap V3 is Set to Launch on the 1st week of April
PancakeSwap V3 will offer competitive trading fees, trading incentives, improved liquidity provisioning, yield farming experience, etc

Polygon Introduces Decentralised Identity Solution ‘Polygon ID’ with ZK-Proofs
The development will leverage zero-knowledge proofs to interact with smart contracts, which requires off-chain credentials.

Scroll’s zkEVM Deploys on Ethereum’s Goerli Testnet
The deployment takes its development from a pre-alpha to an alpha testing phase.

Solana Network goes Live after Two attempts to Restart
After two sequential coordinated restart attempts, the Solana network overcame the outage and went back live on Feb 26. However,…

Coinbase Unveils Ethereum L2 Blockchain “Base”
Coinbase announced community members may mint 'Base, Introducing' NFT for free till Sunday on the Zora NFT marketplace.

Klaytn announced Amendments In its Tokenomics and Governance System
The Klaytn Foundation announced the implementation of a new governance mechanism for its Klaytn blockchain ecosystem to boost its technical…

‘Valentine’ Upgrade is Now Live on Cardano Mainnet
Cardano Price (ADA) price was impacted positively following the Valentine Updrade, now trading at a price of $0.3936, up 8.50%…

Polygon to launch zkEVM Mainnet Beta in March
The launch will allow faster, cheaper, and more secure deployment on Ethereum.

Aave V3 Protocol Goes Live on Ethereum
The Aave community gained access to new technical features and advantages with the launch of V3 on Ethereum mainnet, Aave's…

Cardano Recovers Following an Outage on 50% Nodes
The anomaly occurred between block 8300569 and 8300570 which caused approximately 50% of Cardano nodes to disconnect and restart.

L’Oréal’s NYX Professional Makeup to Launch DAO and NFTs
Over the course of three years, NYX's GORJS DAO intends to offer at least 12 airdrops to owners of FKWME…

Shiba Inu Team to Launch Shibarium L2 Network Beta
Shibarium seeks to operate on top of current blockchain networks, enabling off-chain transaction processing that is quicker, less expensive, and…

Polygon Proposed Hard Fork to Take Place on January 17
Before January 17, all Polygon PoS nodes must upgrade to Bor, they will have to upgrade in order to maintain…

Solana Ecosystem Plummets 98% from $10.17 Billion after FTX Crash
Two of the most important NFT projects in the Solana ecosystem, DeGods and y00ts, both announced that they are moving…

Defrost Finance Suffers Flash Loan Attack with Suspicions of a Rug Pull
The lack of a reentrancy lock on the flash loan ()/deposit() functions used to manipulate the share price of LSWUSDC,…

Uniswap Brings Bank Accounts, Debit, Credit Cards Direct to DeFi
Uniswap users can now convert their fiat to crypto onto Ethereum mainnet, Polygon, Optimism, and Arbitrum and start swapping in…

Uniswap Holders Vote on Proposed Governance Process Changes
Uniswap Foundation set the 10M UNI threshold for the Temperature Check phase in the proposal so that lower-quality proposals cannot…

ENS DAO Elects Stewards for Three Working Groups
The ENS DAO members voted by selecting their three preferred candidates from a list of nominations after the stewards nominated…

Helio Protocol Exploited for $15M after Ankr Exploit
Helio Protocol and Ankr have also discussed a bilateral agreement where Ankr will be covering Helio Protocol's bad debt as…

Trader Joe Expands into the Ethereum Ecosystem with Arbitrum
Trader Joe chose Arbitrum because its ecosystem is packed with innovative protocols and has a presence from many industry-leading DeFi…

DeFi Protocol Ankr Faces Millions Worth Hack Attack
Lookonchain stated that the Ankr exploiter minted 20T aBNBc and dumped it on PancakeSwap and managed to exchange more than…

Uniswap launches NFT Marketplace aggregator with $5M Airdrop
Uniswap is airdropping approximately 5 million USDC to certain historical Genie users while also offering gas rebates to the first…

Solana wallet Phantom now supports Ethereum and Polygon
The new Ethereum and Polygon integrations are currently live in beta mode and the public launch is expected in the…

Aave, Compound freeze Markets and Cap Loans as de-risk effort
Aave halted lending markets in the Aave V2 for 17 Ethereum-based tokens while Compound Finance imposed a maximum borrowing amount…

Aave Temporarily Halts Lending Markets for 17 Ethereum-based Tokens
For the sake of risk management, the Aave protocol prohibits users from depositing these assets or borrowing loans using them.

ZkSync Passes Security Audit to Expand Access to Users This year
The audit enables protocols and users to have more trust in expanding to the new network and transacting on them.

Avraham Eisenberg’s borrowed 50M CRV Tokens Liquidated
The exploiter had $58 million in USDC backing a $50 million loan of CRV, which then had been liquidated, leaving…

Curve Finance Drops crvUSD Stablecoin White Paper
crvUSD will function similarly to MakerDAO's stablecoin, DAI, in that it will be overcollateralized with crypto assets.