Latest DeFi News
DeFi Protocol Ren Moves on from Alameda
The Ren team revealed that the current funds are only sufficient until the end of the fourth quarter, and the…
Arbitrum Witnesses Activity Surge Following Airdrop Speculation
The rumors of an airdrop increased the use of Arbitrum, and the community wished to have the best chance of…
Uniswap Suffers Outage Due to Cloudflare Routing Issues
The biggest decentralized exchange Uniswap suffered an outage because of a routing issue at internet infrastructure firm Cloudflare. Some users…
Unstoppable Domains to Form Web3 Domain Alliance
W3DA is a new alliance to support the advancement of web3 domains by Unstoppable with bonfida, tezos domains, Polkadot Name…
JP Morgan Executes First Trade on Public Blockchain using DeFi
JP Morgan became the first bank to issue tokenized deposits with its tokenized SGD deposits.
Boba Network Launches Scaling Solution for BNB chain
The new BOBA BNB L2's early adopters include: Sushi, BIZI, Nova Miningverse, Lady Blur, Chronogames, Foxtrot Command, and Nifty Souq.
Aptos Blockchain’s Arco Protocol goes Offline after Failed Fundraise
Arco Protocol noted that at the beginning of the IDO sale, there were more than 300 people deposited at the…
Binance Launches Oracle Network for its BNB Chain Ecosystem
Binance Oracle will enable existing 1,400 Web3 DApps and BNB chain partners to access oracle data sources and will support…
MakerDAO Community Approves ‘Endgame’ Proposal
MakerDAO’s Sebastien Derivaux shared data showing that ¾ of the votes for the Endgame proposal were cast by delegates backed…
Matter Labs Launches zkSync 2.0 Mainnet ‘Baby Alpha’
In the full launch alpha phase expected to go live by the end of the year or early 2023, zkSync…
Brazil’s Nubank to Roll Out Tokens using Polygon
The tokens will be available for Nubank’s 70 million users in the first half of 2023.
Moola Market recovers 93% of Exploited Funds
The attacker made $500,000 in bug bounty on an initial investment of $45,000.
Aptos Blockchain Under Controversy, APT Token Drops 50%
Aptos blockchain claimed to be able to process 160,000 transactions per second (TPS) but at the moment its TPS is…
The New Aptos Blockchain Reveals its Tokenomics
After four years of development, the proof-of-stake Aptos blockchain was established and claimed to be able to process 160,000 transactions…
ApeCoin DAO Proposes a Bug Bounty Program
Details of the program are yet not decided and are TBD with community feedback in the initial draft phase.
Mango Market’s DAO Forum all set for $47M Settlement with Hacker
The proposal demands the thief send most of the funds to a wallet owned by the Mango Upgrade Council.
Cosmos Co-Founder Discovers Critical Vulnerability
All chains and validators are advised to immediately update to the new released patch, even if they have already done…
Mango Markets Joins the $100 Million Hack Club
An attacker drained the Mango markets of USDC, MSOL, SOL, BTC, USDT, and MNGO worth $100 million.
Ethereum Scaling Platform Polygon’s zkEVM Public Testnet goes live
By introducing zero-knowledge (ZK) rollup technology, Polygon aims to eclipse Ethereum as the most scalable system.
Meet UniStark, Uniswap V3 only Warp’ed to StarkNet!
Introducing UniStark, the warped Uniswap v3 on StarkNet by Nethermind, an Ethereum development team. Nethermind devs transpiled and compiled Uniswap…
Lido is now on Layer 2 Protocols Arbitrum and Optimism
Ethereum liquid staking protocol Lido has announces expansion to the layer 2 networks Arbitrum Bridge and Optimism. Lido users can…
Zcash Blockchain clogged by Spam Attack?
Zcash has not had any downtime, but due to high demand on the network, nodes are finding it hard to…
NFT Lender BendDAO plans to develop ApeCoin Staking Platform
The ApeCoin staking platform is expected to go live by the end of October allowing APE holders to stake their…
MetaMask Launches Beta Portfolio dApp
Self-custodial wallet MetaMask has announced the launch of a beta portfolio dApp which allows users to aggregate their accounts and…
Wintermute’s $160 Million Hack could Allegedly be an Insider Job
As per Edwards, the Wintermute team should answer how the attacker had the necessary signature for contract execution and know…
DeFi Exchange dYdX NPM User Account Gets Hacked
The exploit appears to be the result of the attacker gaining control of the NPM account of a dYdX employee.
Helium’s ‘Migration to Solana’ Passes with 81% Majority
Around 6,177 community members voted in favor of the proposal and 1270 members in against.
Wintermute’s CEO Offers a 10% Bounty to the Hacker
Gaevoy revealed that the hack was likely linked to the Profanity-type exploit of the DeFi trading wallet.
Crypto Firm Wintermute Suffers DeFi Hack worth $160 Million
The CEO also said that the firm is still open to treating the attack as a white hat and urged…
Vitalik Buterin Outlines his Concept of Layer 3 Protocols
Vitalik Buterin anticipates that Layer-3 constructs will become more advanced and simple as the Layer-2 scaling ecosystem develops.
