Latest DeFi News
Moonbeam Wins the Second Parachain Auction
In appreciation for the vast community support, Moonbeam has increased the rewards payout by 50% for all participants.
Balancer DAO Partners with Fei DAO via DAO Agreement
Fei V2 will make use of the Balancer V2 investment pool to manage risk, earn yield and deploy liquidity with…
Blockchain Analytics Platform Nansen Adds Support for Arbitrum
According to Nansen, Arbitrum will be Ethereum's primary scaling option for at least the next five years
DeFi Platform Ardana Formed a Strategic Partnership with NEAR Protocol
The partnership will build the bridge infrastructure required for asset transfer between Cardano and NEAR.
Binance Allows Users to Deposit ETH on Layer-2 Scaling Solution Arbitrum
Now, Binance users can deposit their ERC-20 tokens through Arbitrum with reduced cost and in instant time.
Acala Wins First Parachain Auction on Polkadot with $1.3B in DOT Committed
Acala secured the first slot with 32M DOT contributed by over 81,000 community members
DeFi Users And Investors lost $10.5 Billion in Fraud and Theft: Reports
“DCrimes” increased to 600% with $10.5 billion in the current year in comparison to last year with $1.5 billion.
Polygon Launches a zk-STARK Scaling Solution to Deploy dApps
The zk-STARK scaling solution for DApp deployment will improve the validation process for DApps on the Polygon network.
Portal Forms Partnership with Polygon to Boost Defi on Bitcoin
The partnership intends to remove flaws in the current decentralized system to grow Bitcoin functionality.
Vechain Launch PoA 2.0 Upgrade Focused on Sustainability
The PoA 2.0 upgrade aims to improve network security and key operations while also making it much more eco-friendly.
Deloitte Alliance with Ava Labs to Enable New Disaster Recovery Platform
Deloitte will reduce the documentation process time and improve accuracy for Federal Emergency Management Agency reimbursements.
Unstoppable Domains Taps Polygon to Remove Gas Fees for Minting NFT Domains
Customers can now save upto thousands due to reduced gas fees in Unstoppable Domains.
Coin Sciences Releases MultiChain 2.2 With Support for NFTs
Assets in MultiChain 2.2 can be made non-fungible so that each of their units is named and tracked separately.
ParaSwap Launches its Own Token With A 150 Million PSP Airdrops
ParaSwap's core team will receive 17.6% while 51% will remain in its ecosystem.
Newly-formed ShapeShift DAO Releases Its First Token-Backed Stablecoin
ShapeShift DAO announced a collaboration with ICHI to launch a new stable token.
CREAM Announced Compensation for the Exploit Attack Victims
Cream Finance will distribute 1,453,415 CREAM tokens, to all the affected users.
Tether’s USDT Launches on DeFi platform Avalanche
The launch of USDt is focused on providing a fast and cost-effective way to transfer Tether across different exchanges and…
Ripple Launches Liquidity Hub for Finance Enterprise
Ripple liquidity hub is currently in the preview stage and will launch in 2022. It is aimed at finance companies…
Brave Partners With Solana To Boost DeFi Adoption
In the near future, more than 42 million Brave users will be able to use Solana dApps.
Crypto.com Launches Cronos Cross-bridge Mainnet Beta
The beta release will allow developers to instantly port apps to EVM-compatible chains.
Defi Lending Protocol bZx Suffers Cyberattack Losing $55 Million
The private key controlling the protocol’s deployment on Polygon and Binance smart chain was compromised.
Automata Network Debuts Mainnet and $20M Ecosystem Incentive Program
The Ecosystem Incentive Program will be crucial to Automata, and its main goal is to supplement Web 3.0's privacy ideologies.
Police Force Investigating AnubisDAO’s Rug Pull Incident
Several Hong Kong and US law enforcement agencies are looking into an alleged rug pull incident, informed one of the…
Ethereum Name Service Announces the Launch of Governance Tokens
The new service will be organised as a DAO, with governance tokens functioning as voting rights.
AnubisDAO Raised $60M Through Dog Meme Mysteriously Vanished
Money raised from the dog-themed-meme went missing before the 24-hour Anubis tokens sale ended, indicating a phishing attack.
Squid Investors Can not Cash out Their Tokens After Spike of 110,000%
The Squid cryptocurrency has defied the hype around its massive profits, making the investment worthless as Squid investors are now…
XDEFI Wallet Integrates With Terra and Announces Liquidity Program
XDEFI announced a liquidity Program on Pylon Protocol to support Terra Ecosystem.
COTI to Launch its Long-awaited Mainnet 2.0 Next Week
Following more than a year of development, COTI is finally ready to launch its mainnet 2.0.
Flash Loan Attack Exploits Cream Finance for Over $100 Million
One attacker appears to have siphoned off $130 million of assets from Cream in an exploit.
Ampleforth Unifies with Avalanche to Bring Stablecoin Alternative
The rebasing cryptocurrency, Ampleforth, is now live on the fastest growing smart contracts platform Avalanche network .
