Latest DeFi News

Ethereum’s First Mainnet Shadow Fork Turns Out to be Successful
The developers and community performed shadow forking on the testnet and mainnet to examine the post-merger scenario.

Ola Finance Loses $3.6M Worth Crypto Assets in Latest DeFi Hack
The attacker exploited the “re-entrancy” bug present in Ola’s deployment on the Fuse Network.

Polygon Introduces Zero-Knowledge Identity for Web3 Users
The identity platform is the first ever to be powered by zero-knowledge (ZK) cryptography, privacy, and blockchain scaling technology.

Ronin Network Gets Hacked Making it the ‘Largest Crypto Hack’ in History
The Ronin bridge exploit actually happened on March 23rd, but only found out by the team six days later sending…

Ex Polychain Partner Launches $125M Crypto Fund for DAO
According to Tekin Salimi, the dao5 crypto fund will be transitioned into a DAO by the year 2025.

Grayscale Investments Unveils Smart Contract Platform Fund
Grayscale Investments unveiled its “Smart Contract Platform Ex-Ethereum Fund” with the aim to provide exposure to smart contract platforms outside…

SushiSwap Community Proposed to Form a Legal Body to Mitigate Investors’ Risk
SushiDAO passed a proposal with a 100% majority that disclosed the need for a legal body to run the community…

OKX Introduced Cross-chain Dashboard MetaX to Embrace DeFi
The platform gives access to numerous DeFi protocols, games, and digital assets along with an in-built NFT marketplace.

DEX Aggregator LI.FI Exploited in the Attack, Lost $600k Worth Tokens
The attacker gained control of swap features that enabled his indirect access into users' wallets.

$250M and Smart Contracts: All it Takes to End the Ukraine War
ICP founder Dominic Williams hatches a plan to end the ruthless ongoing massacre in Ukraine.

Aave’s v3 Goes Live on Mainnet with 6 Networks
Aave v3 claims to have fewer gas fees, higher capital efficiency, and specific support for layer 2 solutions.

BAYC Launches its Own Cryptocurrency: ApeCoin
BAYC enters the token market with the launch of $APE to expand its horizons in the crypto world.

1inch Integrates NFT Update for iOS 1inch Wallet Users
1inch integrated OpenSea API to enable the users to buy NFTs and immediately store them on the 1inch Wallet itself.

MakerDAO Community Raises Proposal to Substitute MKR Token with stkMKR
The proposal defines a new staking mechanism that overcomes some drawbacks from the existing system.

Deus Finance Lost $3M Worth DAI and ETH in Cyber Attack
Deus Finance had confirmed the exploit on its lending contract and the CEO announced a reimbursement plan.

Clover Finance Revamps to CLV to Move From Finance to Web3
To accommodate wider audience needs in DeFi, Gaming & Web3 products, Clover rebrands as CLV.

Polygon Suffers Network Outage for 11 Hours After Upgrade
The team revealed the Heimdall node upgrade by one of the two layers of the network’s proof-of-stake chain

BTC Flower Announced to Create Flower Power DAO
The team developers are also preparing the launch of a second installment series - ETH Flower in future.

Pussy Riot Launched UnicornDAO to Support Women and LGBTQ+ Artists
The feminist active group also got the support of popular creators in Web 3 and NFT space to launch an…

‘Godfather of DeFi’ Andre & his Partner Anton says Goodbye to Crypto Space
He is moving on from the crypto space with Anton Nell after terminating 25 apps and services in the next…

Tangible and Bordeaux Wine Announce Tokenization Plans
Bordeaux Index, a large global wine merchant with an online trading platform enters the cryptocurrency market by partnering with Tangible.

1inch Introduces a Peer-to-Peer (P2P) Feature for Crypto Swaps
The swap could be executed at a rate agreed upon by the parties or at the market rate known by…

Gal Gadot Participates in Funding Round for Cardano DEX AdaSwap
Gal Gadot and her husband participated in the latest funding round of Cardano DEX AdaSwap, raising a total of $2.6…

AssangeDAO Might Give Veto Power to Assange Family
The Assange Family will be able to reject proposals that are harmful to Julian Assange or to his legal defense…

Uniswap Built Interface to Swap ERC-20 Tokens into ETH for Ukraine Donations
The new interface allows ERC-20 token holders to donate their tokens to the Ukrainian government in just one click.

AssangeDAO Community Approves Closure of $JUSTICE Minting Option
99.87% of the voters are in favor of permanently closing the $JUSTICE token mining option.

First Layer 2 EVM Compatible ‘zkSync 2.0’ Deployed on Ethereum Testnet
The system will allow the creation and deployment of decentralized applications with low fees, fully compatible with Solidity.

Solana NFT Marketplace Magic Eden Launches DAO, Airdropping NFT Tickets
The Solana NFT marketplace airdropped Magic Ticket NFTs to its existing users, announcing the launch of MagicDAO.

AssangeDAO to Open Voting Process On the Ability to Mint $JUSTICE
AssangeDAO is set to open the voting on February 23rd, 10.25 PM which will last till February 26th, 10.25 PM.

Previous Cisco Employee Sets DAO to Buy Denver Broncos
The unique DAO allows investors to contribute in any amount of ETH, and in return, they will get NFTs.