Latest DeFi News

Solana-based Nirvana Finance Suffers Flash Loan Attack
The Solend team is in touch with Nirvana to see how they can help, and besides Nirvana has yet to…

Lido Revamps Proposal for Diversified Treasury after DAO Voted No
The revamped proposal gives freedom to Dragonfly Capital to back out of the commitment if the LDO price goes up…

Harmony Proposes to Increase ONE Supply for Compensation
The proposal suggests two options for minting ONE tokens, i.e. increasing the supply through a hard fork of Harmony &…

Chia Network Replaces CAT Tokens to Address Security Vulnerability
Chia Network’s CAT1 will be officially EOL and replaced by CAT2 on Tuesday, July 26 around 10 am PDT after…

Lido DAO Votes Against Treasury Diversification Proposal
600 Lido DAO members voted for the proposal needing more work with 43M LDO tokens, meaning about 66.61% of votes…

Curve Finance Seeks a 1 Million OP token Grant from Optimism
The tokens will be distributed on Curve over a time period of 20 weeks.Curve

Hacker Steals $1.08M Worth Audio Tokens From Audius Treasury
The attacker tricked the community to pass the proposal to transfer 18 million AUDIO tokens.

Solanart Integrates Chainlink Price Feed For Better Experience
The integration will help NFT buyers and sellers to see accurate and live NFT prices in USD.

Dogecoin’ New Core 1.14.6 Update Obtains Less Dust Limit
The new update has some new security features and amendments to improve network efficiency.

Matter Labs to Launch zkSync 2.0 Mainnet in 100 days
Matter Labs also released a roadmap for zkSync 2.0 and announced an upcoming zkSync 3.0.

Polygon Reveals the First Ethereum Scaling Solution “zkEVM”
Polygon zkEVM solution is the first Ethereum-equivalent scaling solution that uses ZK proofs to increase scalability without compromising security.

Ankr Unveils Ankr Network 2.0 Upgrade
Ankr 2.0 adds three new API services aimed to slash down on the time developers must spend looking up block…

Lido Finance to Offer stETH on Layer-2 Networks
The liquid staking protocol is entering into a new realm by making its wstETH available on Arbitrum and Optimism.

Cred Protocol Develops DeFi Credit Score Based on Aave Data
Cred Protocol highlighted its plans to expand beyond the Aave protocol and analyze data from other lending protocols such as…

BNB Chain’s DappBay Platform is Live
DappBay’s scam warning ‘Red Alarm’ feature is a contract risk scanning tool to identify rugs.

Bitpanda Inaugurates Metaverse with DeFi Themed Indices
The drastic downsizing of the company came due to the current bear market.

Ethereum L2 StarkWare Announces StarkNet Token & Foundation
The StarkNet tokens will be launched on Ethereum as ERC-20 tokens in September 2022.

Invictus Pool to Shut Down with IsIN Price Oracle Issues
The redemption portal InvictusDAO will turn off on August 31. The final IsIN position in the Invictus Pool on Solend,…

Terra Projects Begin Migration to Polygon Following its Collapse
Terra-based projects like the Lunaverse metaverse platform, the OnePlanet NFT marketplace, and the Derby Stars P2E game moved to Polygon.

Celsius Recovers $172M in Collateral from Aave and Compound
Yesterday, Celsius withdrew 6,083 wrapped bitcoin (wBTC) from Aave and retrieved around $700,000 in COMP tokens.

Phishing Attack on Uniswap LP Costs $4.7 Million in Ether
The hackers did the phishing attack by changing the event data on the blockchain to make it seem as though…

Yam Finance Thwarts Malicious Governance Attack on Reserves
The attacker submitted a governance proposal that included an unverified contract granting control of its reserves to an unknown third…

Omni Losses 1300 ETH in Reentrancy Attack
The attacker used Doodle NFTs as collateral to borrow wrapped ETH.

MakerDAO Approves Adding $100M DAI Vault by the US Bank
According to the proposal, the loaned DAI will provide a 3% net yield to the MBPTrust (MakerDAO Bank Participation Trust).

Crema Finance Hacker Returns Stolen Funds, Accepts Bounty
Crema Finance confirmed the receipt of 6,064 ETH and 23,967.9 SOL in four transactions into the protocol's Solana and Ethereum…

Tornado Cash Votes Against Treasury Diversification Proposal
Voter turnout for the proposal was over 200%, up from the previous governance vote with 68% of 173k TORN holders…

MakerDAO Votes on Participation of HVB for Vault Trust
The MakerDAO will create a DAI debt ceiling trust with 100 million DAI in Delaware.

Porter Finance Shuts Down Bond Issuance Platform
Porter Finance founder Jordan Meyer noted that the platform is no longer ready to take on the legal risk associated…

Solana DeFi Protocol Crema Finance Suffers $8.8M Hack
The hacker's addresses have been blacklisted on both Solana and Ethereum, and the hacker is given 72h to consider becoming…

Cardano’s Vasil Hardfork Successfully Launches on Testnet
The development company behind the Cardano network, Input-Output Global (IGO), announced that the highly-awaited Vasil hard fork is successfully launched…