Latest DeFi News
Polkadot Announced New Governance Upgrade to Gov2
Gov2 will replace the governance council and technical committee with a new Polkadot Fellowship for a more decentralized approach.
The Sandbox Launches Bridge to Deploy LAND on Polygon
LAND holders can earn a 10m SAND cashback for each LAND they bridge to Polygon.
Ledger Live Brings Yield Earning Capability via Alkemi Earn
The hardware wallet maker Ledger has introduced yield earning capability to its users for the first time via an integration…
Axie Infinity’s Ronin Bridge Restored 3 Months After $600M Hack
The Ronin Bridge is restored after being audited by blockchain security firms Verichains and Certik and now has a new…
MakerDAO Votes Against Adding a Lending Oversight Core Unit
The proposal to add a core unit envisioned onboarding tens of billions of complex lending assets and educating the broader…
Harmony Protocol Hacker Moves Funds to Tornado Cash Mixer
The Protocol also reconfirmed that the team was working with two blockchain tracing and analysis partners and the FBI to…
XCarnival Retrieves 50% of Stolen ETH After Exploit
The hacker pledged Bored Ape NFT as collateral and utilized a vulnerability to steal 3,087 ETH from the XCarnival platform.
Harmony Protocol Offers $1M Bounty Following $100M Exploit
Harmony Protocol revealed that the hacker got access to some private keys which got compromised leading to the breach of…
Convex Finance Sets Up New URLs After DNS Hijack Attempt
The Convex Finance team stated that the user funds on verified contracts are reportedly unaffected and the issue is resolved…
Harmony Protocol Suffers $100M Loss to Horizon Bridge Hack
According to the Harmony Protocol, just the bridge leading to Ethereum has been compromised; the bridge leading to Bitcoin is…
Coinbase Unveils Re-designed Mobile Wallet, Adds Solana Support
Coinbase extends its support for the Solana network by introducing the ability to send, receive, and store SOL and Solana…
dYdX v4 Shifts to Cosmos Ecosystem Instead of Ethereum
With the aid of Cosmos, dYdX v4 will offer a full combination of decentralization, scalability, and customization.
Oasis.app Launches First Version of ‘Earn’ Program
Oasis.app has updated the product cards to offer customers the best overview of their earning situation.
Solend Protocol Whale Account Starts Moving Funds
The concerned whale account has transferred $25 million in USDC debt to Mango Markets which is another DeFi protocol on…
Solend Protocol Proposes to Introduce Account Borrow Limit
During the 24-hour voting period for the latest proposal, Solend encourages customers to reduce their borrow holdings.
Bancor Halts Impermanent Loss Protection Amid Market Conditions
Trading is still active, and users will continue to earn yields on the protocol, but withdrawals will be accessible only…
Solana’s DeFi Platform Invalidates Whale Account Takeover Proposal
The Solend Protocol’s second proposal surpassed the 1% quorum with 99.8% votes in favor to invalidate whale account takeover.
Solana DeFi Platform Votes for ‘Whale Account’ Takeover
The Solend protocol proposal stated that the emergency powers will be revoked once the whale’s account reaches a safe level.
DeFi Platform Yield App Launches Mobile App for iOS & Android
Yield App users will have a fingerprint or Face ID login option and many advanced security features to protect their…
Babel Finance Temporarily Suspends Withdrawals
Just last month, Babel secured $80 million in a Series B funding round, reaching a total valuation of $2 billion.
Inverse Finance Loses $1.2 Million in Flash Loan Exploit
The protocol has temporarily paused borrowing and announced that no user funds were taken or were at risk.
Celsius Pauses Withdrawals & Transfers Amid Market Conditions
Speculations of Celsius running out of liquid funds arise as Alameda Research appears to be exiting its positions on Lido…
A MakerDAO Vault Sells 65,000 ETH to Pay off Debt
The MakerDAO vault had $126M DAI worth of debt initially and now it still seems to have over $50M DAI…
Optimism Loses 20M OP Tokens due to Wintermute’s Fault
Wintermute asks the attacker to return the remaining 19M OP tokens to the Optimism wallet and come out as a…
ApeCoin DAO officially favors to Stay on Ethereum Ecosystem
The total votes of the proposal amounted to 3.8 million ‘for’(53.62%) and 3.3 million ‘against’ (46.38%).
Aurora Pays $6M Bounty, 2nd Largest In DeFi To Whitehat Hacker
Pwning.eth discovered a critical vulnerability that put over $200 million in the capital at risk.
Chainlink Economics 2.0 Released with a Staking Feature
The initial staking pool will start with an aggregate size of 25 million LINK tokens.
Cosmos’ Osmosis Halted After a $5M Exploit
Users exploited the bug where they could add liquidity to a pool & the value of the liquidity withdrawal was…
Binance.US Unveils High Yield Crypto Staking Services
Binance.US says that the staking service will allow holders of any seven PoS cryptocurrencies that it currently supports to earn…
Elrond Network & Maiar DEX Exploit Gets Resolved
According to Elrond CEO Beniamin Mincu, the Maiar DEX will be functional tomorrow at 9 AM UTC as it was…
