Latest DeFi News

Maiar DEX Faces Exploit, Elrond Network’s Native Token Drops 7%
Elrond network CEO Beniamin Mincu tweeted that the team has identified the potential issue regarding the exploit, and are currently…

Chainlink Explains its Off-Chain Reporting Technology
The open source technology Chainlink operates on the technology of Off-Chain Reporting (OCR). OCR is a stepping step towards decentralization…

Chainlink Now on Solana to Show 7 Different Price Feeds
Seven Chainlink price feeds will be used by developers, including ones for the BTC/USD, ETH/USD, and USDC/USD trading pairs.

ApeCoin Community Denies to Migrate from Ethereum
The proposal dubbed AIP-41 has received 99% votes in favor to keep APE on the Ethereum blockchain and avoid migrating…

Polkadot’s Moonbeam Network To Provide Staking Via Lido
The partnership enables DOT holders to stake their assets while maintaining access to the liquidity of the staked position.

ECC Announces the Launch of Zcash Network Upgrade 5 (NU5)
Orchard shielded payment protocol in the upgrade will remove dependency on the complex setup "ceremonies" that Zcash has used in…

Optimism’s OP Token Airdrop Has a Turbulent Launch
Expected to shape The Optimism Collective DAO, the OP token’s first wave Airdrop draws a heavy load on the mainnet…

Binance BNB Chain Unveils Enhanced Technical Roadmap For 2022
According to the roadmap, BNB Beacon Chain will open-source the Binance DEX in Q2 2022 allowing developers to build on…

Lewis Capaldi to Perform at XTIXS & GET Protocol’s DeFi Event
All the tickets are going to be claimable as an NFT, making fraud, scalping and secondary sales of any kind…

Mirror Protocol Faces Another Critical Exploit
The new exploit can drain all pools if it can't be fixed by tomorrow.

Freelance P2P Marketplace TelosTask to Drop Native Token
TelosTask is aiming to revolutionize the freelance industry by acting as an intermediary between employers and employees.

First Digital Launches Asia’s First Crypto Equity Secondary Market
A Hong-Kong based public trust company, First Digital has recently announced a $20 million funding round to build Asia’s first…

6 Months Old $90 Million Defi Hack on Terra Comes Out
The perpetrator leveraged a bug present in the smart contract to withdraw more collateral than locked.

Vitalik Buterin Criticises Defi Model After Terra Crash
He talks about exploring viable mechanisms to maintain the automated pure-crypto stablecoins' pegs while appealing not to dismiss the entire…

OnlyFans Founder Makes Crypto Debut with Zoop On Polygon
Each influencer on Zoop will be permitted to drop 500 cards initially which will be sold through a Dutch auction.

JP Morgan Uses Blockchain for Collateral Settlements
The bank has been using blockchain for intraday repurchase since 2020, conducting transactions worth $300 billion till date.

Do Kwon’s Luna 2.0 to Enter Market on May 27
The new token will be listed on several popular exchanges such as FTX, Bitfinex and Huobi.

Immutable X Notifies First Cross-rollup Liquidity Protocol for NFT
The protocol built on Starknet will enable the secured deployment of the first cross-rollup liquidity protocol solution connecting NFT trades…

Coinbase Wallet now Supports BNB Chain and Avalanche
The self-custody Coinbase wallet has introduced a new feature which supports token swaps on BNB Chain and Avalanche. This feature…

Uniswap Surpasses $1 Trillion Lifetime Trading Volume Mark
Uniswap has amassed a customer base of over 3 million users in three years.

Optimism Identifies Airdrop Farmers and Removes 17,000 Addresses
Optimism removed 17,000 addresses believing they are traders attempting to defraud the system using airdrop farming or sybil attack.

Filecoin Foundation & Lockheed Martin to Deploy IPFS in Space
Protocol Labs developed IPFS which is a decentralized data storage and sharing protocol that uses content-addressing to identify files.

Binance Finishes Ethereum Layer 2 Network Optimism Integration
Upon Optimism integration, Binance users will now be able to move their assets and connect to the Ethereum network at…

Curve Finance Initiates Proposal to Remove All UST Gauges
Over 50% of the voters in the Curve Finance community are required to support the proposal with only five days…

Aave’s Decentralized Lens Protocol Goes Live on Polygon
Aave protocol also revealed a $250,000 grant programme to support projects developing Lens-based decentralized applications.

DeFi Community Bids Farewell to Mushrooms Finance
Mushrooms Finance users are urged to withdraw their funds as soon as possible, as the existing website will be unavailable…
EY Launches Supply Chain Software on Polygon’s Nightfall
The product called OpsChain Supply Chain Manager will optimise zero-knowledge proofs, hence ensuring data privacy.

Pocket Network Announces Web3 Support with NEAR Blockchain
Pocket Network’s update not only provides ample bandwidth for the NEAR blockchain network but also enables revenue generation.

Coinbase Rolls Out dApp Browsing Feature for Mobile App
The American crypto exchange platform, Coinbase has launched a new feature that allows users to access Ethereum-based dapps from the…

BlockVision Joins Boba Network to Offer Faster Growth of dApps
The developers building on Boba are now allowed to leverage BlockVision’s powerful development toolkits, smart alerts, RPC node service and…