Latest DeFi News

Enzyme Enables Lending on Maple Finance Enhancing Yield Opportunities
The new integration will enable vault managers to access additional yield opportunities to enhance their returns.

Venus Protocol Loses $11M After Chainlink’s Suspension of LUNA Value
Chainlink suspended the price feed of the LUNA token after its collapse in the market, which created a difference in…

Tether to Move 1B USDT From Tron to Ethereum and Avalanche
Along with 1B USDT, an additional 20 million USDT will also be converted to Avalanche.

Bundlr Network Integrates zkSync to Enable Faster Data Access
The integration will provide faster access and permanent storing capacity to zkSync developers and users.

Bancor 3 Drops With No Deposit Limits On Its Liquidity Pools
Bancor 3 has rolled out various new architectural changes and features, which include Omnipool, instant impermanent loss protection and more.

StarkWare Launches StarkGate Alpha and StarkNet Alpha
The Alpha versions of both StarkNet and Starkgate are launched, which means that both these products are in their experimental…

Multichain Unveils Official veMULTI Mainnet
Multichain’s veMULTI NFT is the very first tradable NFT that will distribute attractive prizes on a weekly basis on top…

Lending Protocol Tarot to Provide Service on Optimism Blockchain
Tarot explained that with its launch on Optimism, the protocol is positioned to unlock its full power and grow its…

Coti & GADA Join Forces as ADA’s First Stablecoin Goes Live
With Djed’s involvement, GADA’s launchpads will have an appropriate unit for fundraising that is stable.

Fortress Protocol’s Oracle Bug Causes $3M Loss in Cyber Heis
The attacker has used a bug present in Chain oracle that enabled price manipulation by getting governor power.

Uniswap Claims it Beats Larger Rivals Binance and Coinbase
It beats its larger centralized competitors in terms of liquidity because of the incentives it gives its liquidity providers to…

Opera Crypto Browser Adds Support For BNB Chain
The integration will enable users to access prominent decentralized apps, including DEXs like PancakeSwap, and 1inch based on BNB Chain.

SmartCredit Unveils Latest Iteration With New Services
SmartCredit’s latest iteration concentrates on pure peer-to-peer transactions rather than peer-to-pool-to-peer.

Optimism Announces OP Stimpack and Airdrop for Builders
The number of OP Governance Tokens a project can claim will be determined by the project's TVL and also the…

YGG SEA Announces $SEA Token IDO on Copper
Token holders will get to vote on government proposals and reward models for the subDAO.

Ondo Finance Onboards Curve and Convex Vaults
The bank will now provide multi-pair vaults and flexible tranche ratio features.

Nexo Issues Loan of Over $3.3M Backed by Two CryptoPunks
The transaction was issued on peer-to-peer NFT marketplace Arcade, and hedged through investment manager Meta4 Capital.

Polkadot Sets up Advance Cross-Consensus Messaging Format
Polkadot also added NFT functionality by upgrading Statemint, its first “common good” parachain, for users to mint, transfer and track…

Yearn Finance Unveils V3 of its Core Product Vaults
Yearn Finance’s V3 will allow each token type to have many vaults, and they will be governed by multisigs that…

Sky Mavis Plans to Become a ‘zero-trust’ Organization
Sky Mavis also updated users on the development of the Ronin Bridge and a potential timeframe for its redeployment.

Deus Finance Loses $13.4M in Flash Loan Exploit
Deus Finance has ceased lending of the DEI tokens as a result of the hack event with further information to…

SushiSwap 2.0 Outlines its Restructuring Plans
SushiSwap 2.0 is being restructured due to operational shortcomings and the fallout from the attempted Frog Nation takeover.

Maple Finance Enters Solana to Provide Uncollateralized Loans
On launch, it is a $45 million liquidity pool offering loans to crypto blue-chips after a rigorous vetting process.

Stader’s Liquid Staking Solution now Goes Live!
Stader will also launch instant liquidity, dual rewards and leveraged strategies soon.

Optimism Announces Launch of DAO and Token Airdrop
The Optimism Collective will have a house system with a Token House and a Citizens' House dividing governance powers.

ETNA’s Loan App, DeBank Version 2.0 is Now Live!
DeBank has several built-in tools to help clients benefit from optimal deposits and loans and thus, is more user-friendly.

Hacker Leaves $1M to Self Destruct After Zeed Protocol Exploit
The hacker exploited a vulnerability in Zeed’s protocols reward distribution system and drained over $1M In BSC-USD tokens.

MakerDAO to Incorporate StarkNet to Boost DAI Token Functions
MakerDAO integrating StarkNet will enable users to mint and sell DAI stablecoin more quickly and at a lower cost.

Atari to Terminate Joint Ventures & Plans to Create New Tokens
Atari has also terminated the Atari Chain Limited license and the relevant licenses including hotel and casino licenses.

Beanstalk Farms Suffers $182M Loss in DeFi Governance Exploit
The attacker made it possible by creating a malicious proposal after obtaining the power of voting to gain control of…