Latest DeFi News

OlympusDAO Developer Launches One-to-one Stablecoin Swaps Protocol
Ohmzeus, developer of OlympusDAO, has launched an experimental project dubbed Range that consists of decentralized stablecoin pools with no price…

Ethereum Sidechain xDai Announced the Support of EIP-1559
After the launch of the London hard fork in July, many crypto exchanges are implementing EIP-1559 on their platform.

Binance Smart Chain to Introduce Ethereum Like Gas Fee Burn Mechanism
The proposal is similar to Ethereum’s EIP-1559 & will burn BNB paid in the transaction fees.

Orbs Launched the Open DeFi Notification Protocol
It will give users free mobile notifications regarding consequential events occurring on the blockchain.

AVATerra Faced Exploitation on the Day Of its Launch
AVATerra, a stable-yield aggregating farm on Avalanche, suffered an exploitation on its Chef Contract yesterday.

MDT Introduces Blockchain Oracle to Speed up DeFi Adoption
The purpose behind this development is to connect conventional financial data markets with the decentralized finance (Defi) sector.

DraftKings to Become a Validator on the Polygon Network
Polygon, an Ethereum Layer 2 solution, will allow DraftKings to be a Validator with its own stake pool on its…

USDC Expands Its Multichain Ecosystem with Support on Hedera Network
Hedera becomes the stablecoin’s sixth partner as a part of HBAR’s massive $2.5 billion allocation.

Ethereum User Spent $430k in Fees on Failed Transaction
To gain an advantage, the participant used Flashbots during the rapid sale.

Analytics Platform Nansen Now Support Fantom Network
This announcement marks the synergy of two of the most transformative projects in the crypto industry.

The Mirror Opens Door for its Blockchain Blogging Platform
Now everyone can post their content on the Mirror blogging platform by connecting Ethreum address and wallet.

DeFi Wallet MetaMask has Joined Forces With Three Crypto Custodian
MetaMask has added BitGo, Qredo, and Cactus as custodians in a push for institutional DeFi users.

NFT Trading Game Axie Infinity Rolls Out Staking Program
In the first month of the staking program, The Axie Infinity team is planning to airdrop 2 million AXS tokens.

DEX Aggregator 1inch Now Support Ethereum Scaling Solution Arbitrum
1inch had placed their 1inch Aggregation Protocol and the 1inch Limit Order Protocol live on Ethereum’s scaling solution Arbitrum on.

Avalanche DeFi Platform Vee Finance Exploited for $35M
This is the second major exploit on the Avalanche-based Defi platform.

pNetwork Got Hacked for $12M, Lost 277 Bitcoin
Anonymous Hacker has used a bug in pNetwork codebase to transfer 277 Bitcoin from the protocol’s bridge.

Optimistic Ethereum to Launch One-Click Layer 2 Deployment
Any Ethereum-based projects will be able to deploy smart-contracts on Optimism without any modification in code and with the one-click

Venus Protocol Prevented Hostile Takeover Attempt
Venus protocol stopped the attack using the Governance guardian and saved $3.7 million worth of XVS.

Sushiswap’s Miso Launchpad Loses $3 Million In An Attack
A hacker used a supply chain attack that has hit the MISO front end, resulting in the theft of 864.8…

Uniswap Introduced Auto Router to Provide Better Price Options
Auto Router uses an advanced smart order routing algorithm and provides better prices with reduced gas cost to traders.

1inch Network Unveils its Integration with the Oasis.app
This partnership provides Oasis users with cheaper swap rates and better security.

Cardano Deploys Over 100 Smart Contracts on the First Day After Alonozo Upgrade
Cardano had successfully deployed its Alonzo Hard Fork on its Blockchain just a few days ago.

EY Partners with Polygon Protocol to Provide Ethereum Scaling Solutions
The EY organization is closely working with Polygon to create privacy-focused enterprise chains as part of the polygon ecosystem.

Cardano’s New Upgrade ‘Alonzo Hard Fork’ is Now Live on Mainnet
Cardano deploys smart contract capabilities onto the Cardano mainnet via Hard Fork combinator protocol upgrade

Arbitrum Confirms that Launch of its Native Token is Rumor
Arbitrum has Total Value Locked (TVL) of over $2.2 billion due to Staking reward on ArbiNYAN.

Cream Finance Integrates with The Polkadot Blockchain via Moonbeam
Integration Will Boost the Polkadot DeFi Ecosystem by Bringing Lending and Borrowing Protocol to Moonriver on Kusama and Moonbeam on…

OKEx Unveils its New DeFi Hub and NFT Marketplace
The platform will allow users to mint and trade NFTs created on OKExChain and Ethereum blockchains.

Offchain Labs Opens up Arbitrum One Mainnet to The Public
The company also revealed that it has secured $120 million in a Series B fundraising round.

DeFi Protocol Cream Finance Loses $19M In Flash Loan Hack
The unknown hacker managed to exploit the protocol through a reentrancy bug introduced by the Amp token.

SEC Signs Deal to Look Over a Defi Transactions
AnChain.AI has made a deal with the US SEC to monitor Decentralized finance Transaction