Latest DeFi News

Aave Asks Members to Commit to Ethereum PoS Transition
The ARC asked members to choose PoS consensus over other alternatives.

Iron Bank Reveals Optimism Integration with Liquidity Mining Rewards
The lending protocol’s integration of Optimism will enhance cross-chain interoperability, security, and capital efficiency.

Starkware Introduces Recursive Proof to Improve Speed & Transaction Costs
The technology enables the rolling up of single proofs of multiple transactions with single proof.

Monero Executes Hard Fork with New Privacy and Security Features
The upgrade includes an increase in ring size, changes in ‘Bulletproof’ algorithm and ‘view tags’.

Polkadot’s Acala Suffers Exploit, aUSD Depegged 99%
The Acala team tweeted that the exploit took place due to ‘a misconfiguration of the iBTC/aUSD liquidity pool.’

DeFi App Oasis Cuts Access for Sanctioned Wallet Addresses
The app banned those wallets that were sanctioned by the government or posed a high risk.

DeFi Exchange dYdX Blocks Accounts related to Tornado Cash
The exchange uses compliance vendors to scan and flag accounts with funds related to illicit activity, including Tornado cash.

Curve Finance States $570K Attack was ‘DNS Cache Poisoning’
Curve Finance suggests users to start moving to ENS instead of DNS.

DeFi Project Blur Finance Vanishes with more than $600K
Blockchain security firm Peckshield highlighted a possible $600K rug pull scam as developers behind Blur Finance seem to have disappeared.…

TRON DAO Reserve adds Wintermute to its List of Whitelisted Institutions
The TRON DAO Reserve (TDR) announced that it has added Wintermute as one of the nine whitelisted institutions in the…

Curve Finance Loses $570k due to DNS Compromise
Stablecoin trading service Curve Finance was exploited through its front end in the last 12 hours, possibly due to a…

Tether to Support Ethereum PoS Transition
The stablecoin issuer will follow the progress of the Ethereum PoS transition.

NEAR Launches JavaScript SDKs for Developers to build Dapps
The launch will eliminate the need for other language knowledge to write smart contracts or build applications.

Beanstalk Marks for a Replant & Unpause on its Anniversary!
After being exploited for $182 million in April, the Ethereum-based stablecoin protocol Beanstalk Farms marks the one-year anniversary of its…

Lazarus Group behind the DeBridge Finance Cyberattack
Alex Smirnov, cofounder and project lead at DeBridge Finance reported that a North Korean hackers group is involved in an…

Nomad Recovers Nearly $32M After Hackers Drained $200M
The team announced a 10% bounty for anyone who returned the tokens to the Nomad recovery wallet address.

Near Protocol Fixed Wallet Breach Akin to Solana Seed Phrase Leak
The recovery seed phrase was sent to the user's email address which ultimately led to private keys being leaked to…

Vitalik Says Centralized USDC Could affect ETH Hard Forks in Future
Buterin argued that centralized stablecoins could be a ‘significant’ decider of which blockchain protocol the industry would ‘respect’ in hard…

Uniswap Community Considers Proposal of Uniswap Foundation
The proposal has been put forward by Uniswap Labs’ former chief of staff, Devin Walsh, and Uniswap grant program lead,…

Lido DAO Approves to Sell 1% of Treasury to Dragonfly Capital
The proposal was almost unanimously approved, as 60 million LDO were used to vote in favor of the plan.

Hack on Solana Ecosystem Traced back to Slope Wallets
Slope is engaged with "developers, security experts, and protocols from throughout the ecosystem to work to identify and rectify" the…

Nomad Bridge Recovers $9M Stolen Funds from Hackers
The returned funds account for 4.75% of total stolen funds.

Waves Community Supports DeFi Revival Plan for Tumbling Vires.Finance
With good tides about support, the Vires team expects to have sufficient liquidity to restore withdrawal for users.

Sygnum Bank Integrates Cardano in its Staking Portfolio
The integration of Cardano into the bank’s staking portfolio will allow clients to stake securely and earn rewards.

Solana Ecosystem Takes a Hit in a Multimillion Dollar Hack
With the recent increase in hacks, the crypto community is raising concerns about the security of Solana, compiling a list…

TRON Grows to Second-Largest Public Chain by Stablecoin Market Cap
The blockchain surpassed the $5 trillion mark in total transfer value.

Nomad Suffers Exploit, Losses all Funds Worth $200 Million
The attack happened due to a bug present in the latest update.

Synapse Protocol Introduces Single-Chain Solution For Cross Swaps
With the launch of Synapse Chain, the protocol’s next iteration “Synapse V2” has also been revealed.

Cardano Vasil Hard Fork Delayed for a Few More Weeks
"Our priority is to get things done right, and if that takes more time, so be it,” as the IOG…

Clearpool Expands Uncollateralized Lending on Polygon Network
With Clearpool's integration with Polygon, users will be able to witness the launch of new borrower pools exclusive to the…