Latest DeFi News
Polygon’s Stablecoin Protocol QiDAO Suffers Exploit Worth $13M
Superfluid protocol since then completed the assessment of the hack, identified the involved teams and accounts, and calculated potential losses.
Manchester United’ 92 to Launch World’s first Soccer-centric DAO
With the support of Singaporean billionaire Peter Lim and his son Kiat Lim, ex-Man United players have formed CO92 DAO,…
1inch Introduces Earn Liquidity Pools Optimized for Stablecoins
1Inch Earn operates in the same way as Uniswap V3 range orders, with earnings obtained from swap trade fees in…
Hackers Compromised Wormhole Bridge with Largest Hacks of 2022, Run Away with $321M Worth wETH
The hacker has swapped wETH tokens with Ethereum, SOL, USDC, APE, SX and others.
Cardano Network Proposes an Update to Increase Block Size by 11%
The total block size will grow to 80 KB from the current size of 72 KB, this adjustment will allow…
Aave Just Passed DeFi’s First Cross-Chain Governance Proposal
The proposal built on Ethereum blockchain and executed on Aave was sent to Polygon Network.
ApeDAO Makes Decision on Liquidating DAO Through a Poll
The poll will decide whether to liquidate the DAO and return ETH proceeds to $APED token holders.
Aave Launches V3 Protocol Across Seven Testnet Platforms
The new V3 protocol will increase capital efficiencies and proactive security measures to handle a large number of transactions.
Internet Computer Expects to Integrate BTC and ETH By the End of 2022
Last year, developers at the DFINITY Foundation started the process of integrating the Internet Computer blockchain with the Bitcoin network.
Qubit Finance Lost $80 Million Funds into Exploit Attack
Hacker used deposit options to drain all the BNB tokens from Qubit's QBridge protocol.
Instant DAO Creator Syndicate Turns Ethereum Wallets Into Investing DAOs
The Syndicate protocol transforms any Ethereum wallet into a powerful investing DAO in seconds for just the cost of gas.
Multichain Hack Escalates as Losses Grow to $3M
The Multichain hack is getting worse as a cybersecurity researcher calls the incident “the worst way to treat a vulnerability.”
CrossWise was Exploited Leading to the Loss of $879K
The hacker made a possible attack due to the public exposure of a privileged function.
Multichain Suffers Bug Exploitation for At Least $1.34 Million
Multichain was unable to prevent the bug from affecting previous users who had interacted with the protocol exposing them to…
EIP-1559 Upgrade Live on Polygon Mainnet to Burn MATIC
MATIC supply is likely to become deflationary with 0.27% of the total supply being burnt every year.
Polygon Launches World’s Fastest ZK Scaling Technology ‘Plonky2’
Ploky2 launch is part of the Polygon Zero mission, which aims to expand the Ethereum blockchain to a billion users…
Hacker Stole $7.94 Million Worth of Tokens from LCX Exchange
The hacker entered into the exchange with an uncommissioned crypto wallet and stole numerous ERC-20 tokens.
Curve DAO Idle Fee Conversion Gets 100% Approval from Community
A total of 15 votes were cast in the voting process open to all Curve DAO community members.
Arbitrum One Goes Down Again Due to Hardware Failure
Arbitrum faced a similar Sequencer outage in mid-September due to a bug in Sequencer.
Aave launched permissioned DeFi platform Aave Arc with Fireblocks
With the launch of Aave arc, 30 institutions are set to join the platform to provide lending and borrowing services…
Solana Blockchain Suffered a Third DDoS Attack Earlier Today
Journalist Colin Wu tweeted that the users of the official Telegram community informed that the attacker was suspected of using…
Curve Finance Proposes to Convert Fees for DAO
Curve Finance initiated a voting process for the community to update the burning process of idle fee and use it…
Polygon Bug Put $24 Billion Worth Matic at Risk Until its Recent Hard Fork
Polygon will pay out a bounty of $2.2m in stablecoins to Leon Spacewalker and 500,000 MATIC to Whitehat2 hacker.
Shiba Inu Launches “Doggy DAO” as New Year Surprise for the Community
Shiba Inu reveals the First Phase of ‘DOGGY DAO’ to Empower the $SHIB community.
Centrifuge’s Real World Assets Market is Now Live on Aave
The first diversified real world asset market on Aave Protocol, the RWA market will help connect DeFi to the limitless…
MetaSwap Allegedly Rug Pulled, $600K Worth of BNB Stolen
After the unexpected MGAS price drop, Metaswap Gas' Twitter, Medium and Instagram accounts were deleted, possibly proving PeckShield’s claim of…
Snoop Dogg helps Lit project turn into a ‘Cultural DAO’
The ‘first readable book NFT’ on the Ethereum blockchain which is a new work by 10x New York Times Best-Selling…
Binance Announces a ‘New BNB Auto-Burn Procedure’
Binance plans to replace the quarterly burn of its native token with a new ‘BNB Auto-Burn Procedure’.
Opera to Integrate Dapps Into Browser via Partnership with Polygon
Opera users will be able to transact in Polygon's native currency MATIC through this integration that is set to launch…
Uniswap V3 Goes Live on Polygon Boosting MATIC’s Value
The launch comes about a month after Polygon co-founder Mihailo Bjelic proposed to Uniswap that the Uniswap V3 be launched…
