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Nalezeno "Defi News": 1368

Ubik Capital announces a collaboration with Injective

8.8.2023
Ubik Capital has announced joining hands with Injective. The collaboration comes with the objective of revolutionizing the DeFi landscape, that is the landscape of decentralized finance. Both will now unlock the possibilities of decentralized trading by leveraging the potential of the fully...

Cronos Labs enters the Korean market

8.8.2023
Cronos Labs, known for its blockchain network, has announced that it is now targeting the market of Korea for its global expansion. The move became more evident when Cronos Labs marked its presence at the Seoul Web3 Festival to judge some of the upcoming dApps, short for decentralized applications....

zkLink & BNB chain join hands to shape the DeFi future

7.8.2023
zkLink has announced integration with BNB Chain, facilitating DeFi enthusiasts with a chance to deposit and withdraw their BEP-based assets on the network. BNB Chain going live on the alpha mainnet makes sure that users are able to retain custody of their deposits at all times. The integration...

Curve Finance rolls out a reward of $1.85 million to identify the attacker

7.8.2023
Curve Finance, along with other protocols, fell victim to a re-entrancy attack wherein they collectively lost more than $70 million worth of digital assets. The incident dates back to July 30, 2023, and the DeFi protocol has said that it was a software bug that was exploited by an attacker or there...

Hacker returns stolen funds after DeFi exploit, receives a bounty

7.8.2023
This week, an unexpected development regarding the hacker who seriously disrupted the DeFi system took place. They decided to return all of the money they had taken after being offered an incentive by the affected networks. This brings to an end a period that was very unsettling for those working...

Aura sheds light on its expansion to four networks

4.8.2023
Aura has talked about the way it got onboarded on four networks. These include Arbitrum, Ethereum, Polygon, and Optimism. Per the post, two mechanisms of Balancer are credited with the deployment on the said network. These are cross-chain boosts and OFTs, short for Omnichain Fungible Tokens. Both...

Gravita Protocol announces integration with LayerZero Labs

1.8.2023
Gravita Protocol has announced that it has integrated with LayerZero Labs. The purpose of the integration, as stated by Gravita Protocol in the announcement, is to launch the token, $GRAI. It will be launched as an OFT, which stands for omnichannel NFT – non-fungible token. With...

Clearpool spreads out to Polygon zkEVM

1.8.2023
Clearpool, which is a decentralized lending marketplace, has spread out to Polygon zkEVM. This occurrence has taken place to provide users the opportunity of carrying out swift transactions, as well as heighten funding diversity and better capital effectiveness. Incidentally, Polygon zkEVM is...

Curve Finance Vulnerability Exposes $100M+ Worth of Crypto; CRV Token Plummets

31.7.2023
A vulnerability in the popular decentralized finance (DeFi) protocol Curve Finance has caused funds to be drained from a number of the protocol’s liquidity pools, while roughly $100 million remains at risk. In a tweet from Sunday, the Curve team said that “a number” of its pools that uses version...

Alchemix releases an update on Curve Finance pool exploitation

31.7.2023
Alchemix has provided an official update on the Curve Finance situation. The platform recently witnessed a 47 million-dollar exploit. According to reports, the exploit emerged because of a reentrancy vulnerability. It is believed that Vyper 0.2.15, 0.2.16, and 0.3.0 versions are prone...

Owlto announces official support for the Base mainnet on Twitter

31.7.2023
Owlto recently announced official support for the Base mainnet. The announcement was made on Owlto Finance’s Twitter account. The tweet said that Owlto is delighted to be integrating with Base. Coinbase has designed the Ethereum L2 solution to provide an efficient and seamless experience...

Lendvest collaborates with Chainlink BUILD program

28.7.2023
Lendvest is on the verge of collaborating with the Chainlink BUILD program. This is for enabling it to work on the overall growth of the ecosystem and mass acceptance of Web3. This will be achievable by connecting with Chainlink’s high-level Oracle services, along with the required technical...

Lynex Integrates with Gamma for Powerful DeFi Solutions

28.7.2023
In an exciting declaration, Lynex, a renowned participant in the decentralized finance (DeFi) ecosystem, has teamed up with Gamma Strategies, a notable specialist in Concentrated Liquidity (CL) management. This collaboration will introduce active CL management and market-making tactics to Lynex...

Jupiter v3: Unleashing Metis and DCA Power!

28.7.2023
Today, Jupiter has unveiled Jupiter v3, which houses its new Metis routing algorithm, an advancement that boosts the performance of its market aggregator. This technology reduces trading costs and allows for greater scalability when introduced to Solana upgrades or novel DEXs. Neptune has also...

Conic suffers two devastating attacks resulting in a loss of $4.2M in funds

27.7.2023
Conic Finance, a promising Layer 1 blockchain known for its “Play to Own” principle, has been hit by two severe attacks that have shaken the decentralized finance (DeFi) community. As a result of the first exploit, $3.3 million was drained from the ETH pool, and the second attack forced...

DeFi Platform EraLend on zkSync Loses $3.4 Million in Blockchain Exploit

26.7.2023
Decentralized finance (DeFi) protocol EraLend has lost $3.4 million worth of crypto in a so-called re-entrancy attack. The attack, which happened on Tuesday, exploited a vulnerability that allowed the hacker to make multiple calls to a function within one single transaction, enabling the person...

LI.FI announces integration with Vybe

26.7.2023
LI.FI has announced integration with Vybe, a mobile application that enables its users to move digital tokens from one account to another. The integration will now play a crucial role in making the process seamless, courtesy of LI.FI’s SDK. Transactions are expected to happen almost instantly with...

A $3.4 million attack hit ZkSync’s largest lender EraLend

26.7.2023
‘EraLend,’ a leading Ethereum scaling blockchain lending protocol, has suffered a substantial loss of $3.4 million due to a recent security breach. An attacker exploits a vulnerability in EraLend’s smart contract code to withdraw more funds than authorized in a single transaction...

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